The import of automatic goods-vending machines (non-food) to India in 2023 stood at approximately 60.9 thousand units. The forecast from 2024 to 2028 shows a consistent year-on-year growth rate, with an average annual increase of about 2.8%, leading to a CAGR of approximately 3.4% over the five years from 2023 to 2028. This indicates a steady demand increase in this segment.

Future trends to watch for include:

The integration of advanced technologies such as AI and IoT in vending machines, which could increase their demand.
Potential regulatory changes affecting imports and distribution in India.
Increasing preference for contactless transactions may drive higher imports and usage.