In 2023, Italy led Europe in sold production of automatic goods-vending machines with a dominant share of approximately 77%, despite a slight year-on-year decrease of 0.98%. Germany and the United Kingdom followed with shares of around 7.6% and 7.3%, respectively, both experiencing declines. Spain, however, showed a positive growth trend of 1.05%. Meanwhile, Poland and Hungary have shown notable increases, particularly with Hungary's remarkable 26.27% rise. Denmark and Croatia saw significant declines. Over the last five years, the compound annual growth rate will help highlight underlying long-term trends.
Future trends to monitor include technological advancements in vending machine systems, particularly those focusing on energy efficiency and digital payment integration. Considering the rising market entrants like Poland and Hungary, expansion in Eastern Europe could be an area of growth. Additionally, sustainability initiatives across Europe could further influence production strategies and market shares.
Top countries in Sold Production of Automatic Goods-Vending Machines Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 76.95 | 2023 | +7.46% | -0.98% | View data |
| 2 | 2 Germany | 7.59 | 2023 | -5.01% | -5.36% | View data |
| 3 | 3 United Kingdom | 7.31 | 2023 | -2.17% | -2.1% | View data |
| 4 | 4 Spain | 6.21 | 2023 | +6.97% | +1.05% | View data |
| 5 | 5 Sweden | 3.91 | 2021 | +32.38% | View data | |
| 6 | 6 Poland | 1.38 | 2023 | +5.6% | +11.75% | View data |
| 7 | 7 Denmark | 0.23 | 2023 | +26.88% | -19.34% | View data |
| 8 | 8 Croatia | 0.086 | 2023 | +0.38% | -19.81% | View data |
| 9 | 9 Hungary | 0.022 | 2023 | -21.66% | +26.27% | View data |
