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Vending Machine Operators in the US - Industry Market Research Report

  • January 2017
  • 37 pages
  • Ibisworld
Report ID: 198452

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Snack size: Healthier consumers take a bite out of revenue, but convenience will sustain demand

Abstract

Vending Machine Operators in the US

The Vending Machine Operators industry has struggled over the past decade. Over the five years to 2016, revenue decreased due to decreasing per capita consumption of soda and a rise in the healthy eating index; however, the decline was offset slightly by rising per capita disposable income. Additionally, a change in product mix toward healthier snacks, beverages and other food items, along with increasing use of technology, helped companies spur demand. Industry revenue is estimated to decline over the five years to 2021. Rising per capita disposable income, which is expected to increase at a faster rate than in the five years to 2016, and increased use of technology are expected to boost revenue. However, as online streamlining companies and online video game rentals threaten movie and video game rental kiosks, these companies are expected to experience declining revenue. Additionally, industry operators will contend with increasing competition from external competitors such as grocery stories and micro markets. Companies that offer free snacks to employees are also expected to pose a threat to industry operators.

Vending machine operators provide and service automated machines that sell merchandise, primarily snack foods and soft drinks, but also cigarettes, newspapers and other goods. This industry does not include revenue from soft drink producers that operate their own vending machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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