Trends in the Development of Unmanned Vending Machines in North America
Globally, the vending machine market continues to experience steady growth. According to research reports, the global vending machine market is projected to reach $22.62 billion by 2025, expanding at a compound annual growth rate of 6.5%. This growth is expected to further increase to $42.46 billion by 2035.
Among them, North America is the largest regional market globally and is projected to account for over 31% of the global share by 2035. The market growth in the U.S. is primarily driven by consumer preferences for packaged beverages and rising disposable incomes.
Currently, the development of the vending machine market in the United States is primarily characterized by the following trends:
· Payment Method Upgrade: Cashless payments have become mainstream and dominate the vending machine payment landscape, with a market share exceeding 71.5% in 2024. This convenient and secure payment method aligns with consumer demands.
Product diversification: Beyond traditional snacks and beverages, the refrigerated vending machine market is rapidly expanding, offering a wider range of product choices such as dairy products, ice cream, and fresh fruits.
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· Technological Empowerment: IoT and AI technologies are being applied to next-generation vending machines to achieve real-time inventory monitoring, intelligent restocking, and personalized recommendations, thereby enhancing operational efficiency.