PROSPECTS AND OPPORTUNITIES
Positive outlook for vending over the forecast period
Over the forecast period, the vending channel has considerable room for growth as it remains underdeveloped compared to other countries. For instance, opportunities for expansion are anticipated in public transportation spots and due to greater urban developments within the country, notably within intermediate cities.
Healthier products offer vending sales opportunities
The growing concern for health and well-being will lead many vending operators to include healthier options in their machines, such as fruits, low-calorie snacks and sugar-free drinks. This trend is aligned with the demands of today's consumers, who are looking for more balanced options even when they resort to quick solutions such as vending.
Technological innovations drive smart vending
Smart vending technology is emerging as a key growth driver for vending retailers. Channel leaders have explored AI (ChatGPT) options for future vending designs through their social media.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Vending industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Vending in Colombia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Vending in Colombia?
- Which are the leading retailers in Vending in Colombia?
- How is the rise of e-commerce and the expansion of modern grocery retail impacting traditional retail?
- How has the impact of COVID-19 and national lockdown impacted consumer demand?
- Which formats have benefited the most from stockpiling and enforced home seclusion?
- How will the wider economic impact of COVID-19 shape the retail landscape in the future?
- Where is future growth expected to be most dynamic?
Vending in Colombia - Category analysis
KEY DATA FINDINGS
Greater mobility boosts performance of vending channel
Novaventa ranks as the leading player
Vending machines for pet treats shows potential for channel expansion
Positive outlook for vending over the forecast period
Healthier products offer vending sales opportunities
Technological innovations drive smart vending
Retail in Colombia - Industry Overview
Retail in 2024: The big picture
Discounters continue expansion to post strong performance
Blending online and offline shopping experiences
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Hot Sale
Back to School
Severance Savings
Valentine’s Day
Women’s Day
Holy Week
Mother’s Day
Father’s Day
Holiday
Primas Payment (extra-legal salary)
Love and Friendship Day
Halloween
Black Friday
Cyber Monday
Christmas and New Year
DISCLAIMER
Vending
Vending (automatic merchandising) is the sale of products at an unattended point of sale through a machine operated by introducing coins, bank notes, payment cards, tokens or other means of cashless payment. Sales figures cover vended products only (i.e. food, drink and other consumable goods such as vended tobacco, sanitary products and condoms). Services such as the public telephone, launderette facilities, travel tickets, stamps, passport photographs, domestic energy supplies and business card creation are excluded. Coverage includes vending systems installed in public and semi-captive environments only. Hotels, transport networks, recreational centres, shopping centres/malls are included. Factories, offices, hospitals, prisons, schools and other captive environments are excluded.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Vending research and analysis database.
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