The sold production of parts for automatic-goods vending machines in Germany has experienced significant fluctuations over the past decade. From 2013 to 2017, the sector saw significant peaks and troughs, culminating in a notable increase of 35.17% in 2017. However, from 2018 to 2021, the market faced a dramatic downturn, with values falling sharply, particularly between 2019 and 2020, with year-on-year declines of 76.02% and 28.49%, respectively.
A recovery began in 2022, with a substantial year-on-year growth rate of 171.12%, followed by a moderate 1.73% increase in 2023, reaching 26.054 Million Euros. Despite this brief recovery, forecasted data from 2024 to 2028 predict a downward trend with an average annual decline (CAGR) of 3.67% over the next five years, leading to a 17.07% decrease in total sold production by 2028.
Future trends to watch for:
- Technological advancements in vending machine parts that could drive product innovation and market demand.
- Impact of regulatory changes and environmental policies on the production and disposal of vending machine parts.
- Potential shifts in consumer behavior towards contactless transactions and automated retail solutions.
