How Big is the Vending Machine Market | Insights, Forecast & Analysis 2025

Code: MTA9749 Publication Date: Oct 2025

What is the size of the Vending Machine Market?

According to 6Wresearch internal database and industry insights, the Global Vending Machine Market was valued at USD 23.5 Billion in 2024 and is expected to reach USD 33.1 Billion by 2031, growing at a compound annual growth rate of 5.50% during the forecast period (2025-2031).

Due to increasing demand for unattended retail solutions and growing consumer preference for automated and cashless transactions and advancements in AI, IoT, and smart payment technologies are all the main factors driven by the market.

Key Growth Drivers of the Vending Machine Market

  • Increasing demand for contactless and cashless payment systems in vending machines
  • The rising adoption of vending machines in offices, educational institutions, and public places
  • Technological advancements in vending machine features such as touchscreens, AI, and mobile integration
  • Expansion of smart vending machines offering personalized product recommendations
  • The increasing trend towards healthy and customized snacks and beverages

Vending Machine Market Trends

The Vending Machine Market is set to grow with notable trends such as the growing preference for smart and automated machines. Vending machines are increasingly integrated with advanced technologies like AI, touchscreens, and mobile payment options, improving user experience and operational efficiency.

There is also a growing trend toward healthier food and drink choices in vending machines, which is being driven by customers desire for healthy snacks. The market is also growing due to more people want vending machines in places that aren't usually associated with them, like airports, hospitals, and public transportation hubs.

Emerging Developments in the Vending Machine Market

The Vending Machine Market is evolving with innovations such as the integration of artificial intelligence for personalized customer experiences. Machines with real-time inventory management and remote monitoring capabilities are enhancing operational efficiency. Fully automated, unmanned vending machines that sell a wide range of goods, from electronics to groceries, are more common in the market.

Vending machines are becoming easier to use and more accessible due to mobile apps that let you pick out items, pay for them, and keep track of where you are. Additionally, there is a growing need for machines that can accept cashless and cryptocurrency payments.

List of Leading Companies in the Vending Machine Market

Some of the leading companies include:

  • Crane Merchandising Systems
  • Fuji Electric Co., Ltd.
  • Seaga Manufacturing Inc.
  • SandenVendo America, Inc.
  • Jofemar Corporation
  • Azkoyen Group
  • Royal Vendors Inc.

Frequently Asked Questions About the Market Study (FAQs):

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All