PROSPECTS AND OPPORTUNITIES
There is an opportunity for expansion in non-captive and semi-captive environments
Vending machines is expected to record positive growth across the forecast period, with retail sales set to rise at a current value CAGR of 5% (2024 constant value CAGR of 3%). The semi-captive environment of the Irish transport network presents a significant opportunity for the growth of vending machines across the forecast period.
The Deposit Return Scheme is facilitated by reverse vending machines in Ireland
Environmental awareness among Irish consumers is expected to continue growing over the forecast period, with sustainability increasingly influencing purchasing decisions and behaviours. One notable success in this shift has been the implementation of the Deposit Return Scheme, facilitated by reverse vending machines in grocery retailers.
The integration of smart technology is expected to improve the consumer experience in vending
The incorporation of advanced technologies such as touchscreens, interactive displays, real-time inventory tracking, and personalised recommendations is set to significantly enhance the user experience and drive vending machine sales. These innovations make the machines more engaging and user-friendly and also improve operational efficiency by providing valuable insights into consumer preferences and stock levels.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Ireland 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 Ireland, 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 Ireland 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 Ireland?
- Which are the leading retailers in Vending in Ireland?
- 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 Ireland - Category analysis
KEY DATA FINDINGS
Despite the growth in tourism supporting demand, vending sales decline
Vending focuses on healthy food options to appeal to a wider range of consumers
Premium coffee drinks remain one of the most popular areas of diversification
There is an opportunity for expansion in non-captive and semi-captive environments
The Deposit Return Scheme is facilitated by reverse vending machines in Ireland
The integration of smart technology is expected to improve the consumer experience in vending
Retail in Ireland - Industry Overview
Retail in 2024: The big picture
Retailers focus on sustainability to align with consumer demands
Consumers continue to be cautious of their spending during 2024
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
Easter
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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!