Industry Analysis & Industry Trends
Vending machines will inch back into growth over the next five years, as disposable incomes improve. To compete with the rising tide of coffee and snack shops, operators will invest in technology to improve their machines' usability and appearance. However, competition will remain a significant threat for vending machine operators, and healthy eating trends will also inhibit demand... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Vending machines operators are suffering from a decline in demand from industrial sites, which have long served as a major market. Moderate revenue growth largely reflects higher prices rather the strength of purchases, while profit keeps on declining. The Vending Machine Operators industry is declining and showing no signs of revitalization any time soon. While new technology facilitates the manufacture of vending machines, operators can only gain incremental improvements in implementing new growth strategies and technologies. Indeed, while GDP is forecast to grow at an annual rate of 2.1% in the 10 years to 2018, this industry is projected to shrink as a share of the economy... purchase to read more