The European Vending Machine Market to 2023: CAGR is Expected to Grow at ~15% - ResearchAndMarkets.com

The "Europe Vending Machine Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The Europe Vending Machine Market is expected to witness market growth of 14.9% CAGR during the forecast period (2017-2023).

Developing countries have adopted vending machines which are very convenient to use. Vending machine technology continues to provide latest advancements like face recognition systems, ID card identification to check the buying history of customers, thereby ushering an era of technologically advanced vending machines.

Europe is one of the mature markets in terms of adoption of self-services technology. The healthy economic condition of this region is one of the major factors for implementing self-service technology with its application in different industries. The European economy is slowly recovering after the economic slowdown. However, different government regulations regarding health concerns have limited the growth of vending machines in this region.

In the U.K., in an effort to control obesity, there are regulations imposed on vending machines dishing out packaged foods and soft drinks, which have reportedly been one of the major health hazards.

Segmentation

Based on Type, the Vending Machine market segments the market into Beverages, Snacks, Gumball & Candy, and Specialized.

Based on Solution, the market report segments the market into Managed Services and Deployment.

Based on End-User, the Vending Machine market segments the market into QSR, shopping malls, & Retail Stores, Offices, Public Transport, and Others.

Based on Countries, the Vending Machine market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Key Topics Covered

1. Market Scope & Methodology

2. Market Overview

3. Europe Vending Machine Market

4. Europe Vending Machine Market by Solution

5. Europe Vending Machine Market by End-User

6. Europe Vending Machine Market by Country

7. Company Profiles

• Aramark Corporation
• Azkoyen Group
• Bianchi Vending Group S.p.A.
• Compass Group Plc
• Fuji Electric Co. Ltd.
• Fujitsu Limited
• Glory Ltd.
• Hitachi Ltd.
• Honeywell International Inc.
• IBM Corporation

For more information about this report visit https://www.researchandmarkets.com/research/785ddq/the_european?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180718005324/en/