China Retail Vending Machine Market Size & Outlook
The retail vending machine market in China is expected to reach a projected revenue of US$ 7,497.5 million by 2033. A compound annual growth rate of 5% is expected of China retail vending machine market from 2025 to 2033.
Cantaloupe Inc, Sanden Corp, Fuji Electric Co Ltd, Azkoyen, Westomatic, Royal Vendors, Glory Global Solutions, Seaga Manufacturing, Sellmat, Selecta, Express Vending
Other key industry trends
In terms of revenue, China accounted for 6.7% of the global retail vending machine market in 2024.
Country-wise, Japan is expected to lead the global market in terms of revenue in 2033.
In Asia Pacific, Japan retail vending machine market is projected to lead the regional market in terms of revenue in 2033.
China is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,497.5 million by 2033.
China has a high penetration of vending machines and it is expected to grow over the forecast period. By the end of 2019, there were 490-515 thousand machines in operation in China. East China had the highest market penetration rate where 40-43% machines were located, followed by North China, which was home to 26-28% vending machines.
Shanghai Online New Economy Development Plan (2020- 2022) released in April 2022 encourages contact-free delivery and new retail, such as smart takeout/package pickup lockers and vending machines in business parks, residential areas, school campus, and others.
China’s unmanned retail transaction volume keeps going up. According to surveys by PROCOOL, a commercial refrigerator supplier, in 2021, 83.6% of people are willing to continue shopping in unmanned stores, while only 4.8% are unwilling.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Retail Vending Machine Market Outlook will help companies and investors design strategic landscapes.
Beverages Vending Machines was the largest segment with a revenue share of 40.7% in 2024.
Horizon Databook has segmented the China retail vending machine market based on beverages vending machines, snacks vending machines, food vending machines, frozen vending machines, games/amusement vending machines, beauty & personal care vending machines, candy & confectionery vending machines, pharmaceuticals vending machines, electronics vending machines, book & magazine vending machines covering the revenue growth of each sub-segment from 2021 to 2033.
China has a high penetration of vending machines and it is expected to grow over the forecast period. By the end of 2019, there were 490-515 thousand machines in operation in China. East China had the highest market penetration rate where 40-43% machines were located, followed by North China, which was home to 26-28% vending machines.
Shanghai Online New Economy Development Plan (2020- 2022) released in April 2022 encourages contact-free delivery and new retail, such as smart takeout/package pickup lockers and vending machines in business parks, residential areas, school campus, and others.
China’s unmanned retail transaction volume keeps going up. According to surveys by PROCOOL, a commercial refrigerator supplier, in 2021, 83.6% of people are willing to continue shopping in unmanned stores, while only 4.8% are unwilling.
China Retail Vending Machine Market Location Outlook (Revenue, USD Million , 2021-2033)
Hospitals & Nursing Homes
Restaurants, Bars & Clubs
Offices
Public Places
Others
Manufacturing
Colleges & Universities
China Retail Vending Machine Market Product Outlook (Revenue, USD Million , 2021-2033)
Food Vending Machines
Frozen Vending Machines
Games/Amusement Vending Machines
Pharmaceuticals Vending Machines
Beauty & Personal Care Vending Machines
Snacks Vending Machines
Tobacco Vending Machines
Electronics Vending Machines
Book & Magazine Vending Machines
Beverages Vending Machines
Candy & Confectionery Vending Machines
China Retail Vending Machine Market Payment Mode Outlook (Revenue, USD Million , 2021-2033)
Cash
Cashless
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Horizon Databook provides a detailed overview of country-level data and insights on the China Retail Vending Machine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Retail Vending Machine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
China Retail Vending Machine Market, 2021-2033 (US$M)