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Unattended retail options pegged as a secure saviour for small businesses, survey reveals
By Vending International on November 2, 2023Vending machines and unmanned retail services have seamlessly integrated into the daily lives of UK consumers, playing a role that extends far beyond traditional convenience, and giving small businesses a lifeline to much needed ancillary revenue, according to the results of a newly released survey*. Results from the research – commissioned by forecourt retail specialist Suresite Group – uncovered a […] -
New research reveals hospitality operators have seen price rises of up to 30%
By Vending International on October 17, 2023In recent months supply chains have found themselves in a critical position, grappling with the aftermath of unprecedented times and challenges. As such, the hospitality industry has been hit with ever rising costs and labour shortages. BRITA Professional has carried out research among those that work in the sector to identify the biggest challenges within the supply chain and how […] -
Insight into beauty and personal care vending in the USA
By Vending International on March 28, 2023The USA beauty and personal care (BPC) retail vending machine market size is expected to surpass US$ 91.6 million in 2023 expanding as a rate of 10.5% from 2023 to 2033 according to a market research by Future Market Insights. Growth is attributed to improving living standards and technological advancements. The USA beauty personal care (BPC) retail vending machine market […] -
Retail vending – North America dominates, but India fails to gain traction
By Vending International on March 14, 2023Vending machines are starting to gain traction in India thanks to technological advancements, but it is still a minor market when compared with others such as the USA and Japan. In India, certain locations are more likely to have vending machines, including metro stations, airports, hotels, restaurants, and offices but they are still uncommon compared to other parts of globe […] -
Upward trend for RTD hot drinks
By Vending International on March 14, 2023Due to the increasing working population and hectic schedules, the consumption of ready to drink (RTD) tea and coffee products has escalated significantly according to a research consultancy. The report said consumers are increasingly preferring food and beverages that require minimum time to prepare and can be consumed on-the-go. The canned and bottled packaging of these beverages are also adding […] -
Bright future for smart vending
By Vending International on January 23, 2023The increase in demand for self-service technology, and the implementation of IoT and AI services such as cashless transactions and cloud-based systems are primary factors driving the smart/intelligent vending machine market. According to a ResearchAndMarkets report, the market is expected to reach a value of $ 15 billion by 2028 growing with a rate of 12% during 2022 to 2028. But […] -
Biodegradable lids market expands
By Vending International on November 16, 2022The global biodegradable lids market is set to reach a valuation of 416.6 Mn US dollars by the end of 2032, according to a report by Future Market Insights. The foodservice industry is one of the most vibrant and dynamic industries in the world. The industry has observed unparalleled growth in the past and continues to capture revenue and generate employment […] -
Research points to growth in vending machine market
By Vending International on August 31, 2022Growing consumption of convenient and dispense goods including food, drinks, cigarettes, and other items is pushing the demand for vending machines according to a study by Fact.MR, a market research and consulting agency. The study revealed that in addition to workplaces and institutional buildings, residents’ homes, restaurants and nightclubs are turning to vending machines in their droves. In fact, it […] -
Food & beverages industry vulnerable to downside risks in 2022
By Vending International on January 26, 2022An industry report from global credit insurance provider Atradius reveals major growth drivers and constraints in the food & beverages industry across multiple markets worldwide. A number of downside risks are expected to pose major challenges to the global food & beverages sector this year. Sharp increases in commodity and energy prices, labour shortages, transport issues and the ongoing spread […] -
Food industry can help cut 10% of global emissions
By Vending International on November 23, 2021Studies suggest that the food system is responsible for about one-third of global greenhouse gas (GHG) emissions, including up to 10% from lost or wasted food. The report “A Food Industry Reset Can Cut At Least 10% Of Global Emissions,” S&P Global Ratings says it believes agribusinesses can strengthen the food production and supply chain through closer collaboration at every […]