PROSPECTS AND OPPORTUNITIES
Moderate growth expected over the forecast period
Over the next few years, vending is expected to enjoy moderate growth due to factors such as increased mobility and a better economic climate. Improved consumer confidence may encourage purchases of products that might be considered nonessential, such as high-priced drinks and food items.
Despite growth prospects, vending will remain a niche category
Although growth is likely, the significance of vending in the Finnish retail landscape will continue to be minimal. Vending has always been and is expected to remain a niche category.
Legislation may have an impact on sales
The sitting Finnish government plans to increase the VAT on confectionery from 14% (the standard VAT for food and non-alcoholic drinks) to 25.5% in 2025.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Finland 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 Finland, 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 Finland 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 Finland?
- Which are the leading retailers in Vending in Finland?
- 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 Finland - Category analysis
KEY DATA FINDINGS
Vending sales stagnate in 2024
Major soft drinks players remain in the lead
Narrow range on offer through vending machines
Moderate growth expected over the forecast period
Despite growth prospects, vending will remain a niche category
Legislation may have an impact on sales
Retail in Finland - Industry Overview
Retail in 2024: The big picture
Domestic giants continue leading retail in Finland
Still room for growth in e-commerce
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Mother’s and Father’s Day
Back to school
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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