In 2023, Italy led the European market for parts of automatic-goods vending machines, commanding a share of 47.24% by value. The United Kingdom followed with 29.39%, while Spain captured 12.02%. Germany's share was 4.95%, with Czechia at 4.01%, France at 1.05%, Estonia at 0.89%, Sweden at 0.32%, Lithuania at 0.15%, and Hungary at 0.1%. Compared to 2022, Italy saw a modest increase of 1.34%, the UK had a significant rise of 7.24%, while Spain grew by 2.43%. Germany, however, experienced a substantial decline of 14.16%. Other countries showed varied performance with slight decreases or minimal changes.
Over the last five years, the compound annual growth rate (CAGR) indicates a mixed performance across countries. Italy and the UK generally showed steady growth, offsetting declines in Germany, France, and some smaller markets. Estonia and Sweden witnessed minor downtrends, while Hungary and Lithuania remained relatively stable.
Future trends to watch for include technological advancements in vending machine parts, shifts toward more sustainable materials, and increasing automation in retail. Additionally, market dynamics influenced by regulatory changes and economic conditions across Europe will play a crucial role in shaping the future landscape of this industry.
Top countries in Sold Production of Parts for Automatic-Goods Vending Machines Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 47.24 | 2023 | +25.72% | +1.34% | View data |
| 2 | 2 United Kingdom | 29.39 | 2023 | +3.66% | +7.24% | View data |
| 3 | 3 Spain | 12.02 | 2023 | +18.69% | +2.43% | View data |
| 4 | 4 Germany | 4.95 | 2023 | +1.73% | -14.16% | View data |
| 5 | 5 Czechia | 4.01 | 2023 | |||
| 6 | 6 France | 1.05 | 2023 | +0.33% | -1.34% | View data |
| 7 | 7 Estonia | 0.89 | 2023 | +9.2% | -2.81% | View data |
| 8 | 8 Sweden | 0.32 | 2023 | +4.61% | -4.08% | View data |
| 9 | 9 Lithuania | 0.15 | 2023 | +7.47% | View data | |
| 10 | 10 Hungary | 0.1 | 2023 | +2.21% | +2.9% | View data |
