PROSPECTS AND OPPORTUNITIES
Vending channel faces more promising outlook
The vending channel will experience steady growth over the forecast period in line with economic recovery. Consumers are tipped to increase their overall spending on non-essential items, including more food and drink purchases when away from home.
Health and wellness is in focus for vending machines
With food and drink being vital products for the vending channel, major trends in snacking and beverages will also shape the performance of this channel. Healthier or better-for-you alternatives are growing in demand across most food and drink categories, so the vending channel, which relies heavily on sales of these categories, will need to evolve and adapt to any change in consumer habits.
Innovation in vending could diversify the customer base
The introduction of new types of vending machines can help to widen the customer base. Some entrepreneurs are already trialling unconventional vending machines to reach more of their customers.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in New Zealand 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 New Zealand, 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 New Zealand 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 New Zealand?
- Which are the leading retailers in Vending in New Zealand?
- 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 New Zealand - Category analysis
KEY DATA FINDINGS
Vending sees some recovery but still not at pre-pandemic levels
Food and drink-based vending machines take leading position
Grocery retailer New World launches last-minute present vending machines
Vending channel faces more promising outlook
Health and wellness is in focus for vending machines
Innovation in vending could diversify the customer base
Retail in New Zealand - Industry Overview
Retail in 2024: The big picture
Highly promotional retail environment
Retail crime on the rise amidst tough economic period
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
End of Financial Year Sale
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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