A Vending Machine is an automatic
machine offering items such as beverages, alcohol, to consumers after inserting
a credit card or money into the machine. At present, the customers are looking
out for novel packaged drinks that are low in calories and suit the healthy
lifestyles and desires. The accessibility of packed drinks in tetra packs and
multi-layered uninfected boxes is mounting the acceptance of packed drinks. Global
Drink Vending Machines Market is expected to grow at a significant CAGR in the
upcoming years as the scope, product types, and its applications are increasing
across the globe.
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Drink Vending Machines Market
is categorized based on geography into Asia Pacific (China, India, ASEAN,
Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S.
Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest
of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest
of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern
Europe). North America has been at the forefront with regards to Drink Vending
Machines Market and will continue to rule the roost in the years to come due to
the emergence of new business models and increasing adoption of self-service
technology.
Drink Vending Machines Market
is categorized based on product type, applications, and geography. Drink
Vending Machines Market is categorized based on types such as old vending
machine, modern vending machine. Drink Vending Machines Market is categorized
based on product types such as coffee, soda, milk, juice, water, tea, alcohol,
energy drinks, and others. Drink Vending Machines Market is categorized based
on application into a business center, school, railway station, shopping mall,
airport, others.
Some of the key players that
fuel the growth of the Drink Vending Machines Market include Coca-Cola, Fuji
Electric, FAS International, Automated Merchandising Systems, Seaga, Crane,
Jofemar, N&W Global Vending, TCN Vending Machine, Sielaff, Bianchi Vending
Group, soft drinks giants, PepsiCo and Azkoyen Group, Fuhong Vending, Deutsche
Wurlitzer, Westomatic, FushiBingshan, Royal Vendors, SandenVendo, Kimma. The
key players are focusing on inorganic growth to sustain themselves amidst
fierce competition. As such, mergers, acquisitions, and joint ventures are the
need of the hour.
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