PROSPECTS AND OPPORTUNITIES
Potential for vending machines selling traditional Greek products
One trend that could be seen in the forecast period is the installation of vending machines offering traditional Greek products in tourist areas. This will lead to direct competition with small local shops.
Opportunities for development of more distinctive offer
The channel’s 24/7 availability is the primary competitive advantage of vending machines. However, the channel needs to present a more distinctive offer for the periods in which it is in direct competition with other forms of retailing.
Little potential for expansion
All in all, vending machines are barely hanging on in a country in which fresh food is widely available, thanks to the existence of so many small local markets and the broad presence of coffee shops. Moreover, local consumers are simply not used to buying from automated machines.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Greece 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 Greece, 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 Greece 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 Greece?
- Which are the leading retailers in Vending in Greece?
- 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 Greece - Category analysis
KEY DATA FINDINGS
i-Mall appeals to busy consumers
Players may need to look beyond traditional categories
Limited opportunities
Potential for vending machines selling traditional Greek products
Opportunities for development of more distinctive offer
Little potential for expansion
Retail in Greece - Industry Overview
Retail in 2024: The big picture
Retail in 2024: The big picture
Consolidation via acquisition
Expansion of convenience stores
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
St Valentine’s Day
Mother’s Day
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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