PROSPECTS AND OPPORTUNITIES
Sales expected to struggle due to decline in tobacco consumption
Given the ongoing decline in tobacco consumption, overall vending sales in Spain are predicted to be marginal during the forecast period. Although there has been a government initiative to centralise tobacco traceability by concentrating sales entirely through vending, which could prompt a short-term spike, it is likely that any such increase would be temporary and followed by another downturn.
Contactless payments and evolving tech will improve customer experience
Vending is going through a period of transformation with operators keen to shake off the old-fashioned image of the channel and tap into the potential offered by the digitalisation of their products and services. Contactless payments are gaining popularity in vending operations, as they allow transactions to be completed more quickly and conveniently.
Product diversification offers potential for growth
Although food and drinks vending is currently a principal driver of overall category growth, the non-captive environment in Spain is already well-served by vending machines. Operators also face significant competition from well-established consumer foodservice brands and modern grocery retailers.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Spain 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 Spain, 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 Spain 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 Spain?
- Which are the leading retailers in Vending in Spain?
- 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 Spain - Category analysis
KEY DATA FINDINGS
Overall sales of vending decline, as channel is dominated by tobacco
Greater focus on healthy food options
Sales of non-grocery products through vending remain negligible
Sales expected to struggle due to decline in tobacco consumption
Contactless payments and evolving tech will improve customer experience
Product diversification offers potential for growth
Retail in Spain - Industry Overview
Retail in 2024: The big picture
Online sales continue to grow, but consumers still value offline retail
Sustainability-focused development
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Christmas
January sales
Summer sales
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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