PROSPECTS AND OPPORTUNITIES
The rise of automated vending with ramen and beverage machines
The introduction of unmanned self-service ramen and beverage vending machines is set to become increasingly popular, significantly expanding the variety of products available through vending machines. This trend caters to the growing demand for convenient and quick dining options and also injects new energy into the industry.
The future of vending machines lies in enhancing customer experience through innovation
Vending machines are poised to evolve beyond their traditional role of simply dispensing products, with a growing expectation that they will incorporate more interactive experiences for customers. By transforming vending machines into engaging touchpoints, businesses can enhance customer interactions and create memorable moments that go beyond the transaction.
Sustainability seen in vending through energy efficient machines
Sustainability trends are also being seen in vending, with the rise of energy efficient machines. In addition to offering a solution to labour shortages, there is also a shift towards energy savings.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading retailers in Vending in Taiwan?
- 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 Taiwan - Category analysis
KEY DATA FINDINGS
The rise of smart vending machines helps to support sales
Vending machines continue to evolve with more diverse offerings
Converge Smart Vending Machines enters into partnerships to expand its offer
The rise of automated vending with ramen and beverage machines
The future of vending machines lies in enhancing customer experience through innovation
Sustainability seen in vending through energy efficient machines
Retail in Taiwan - Industry Overview
Retail in 2024: The big picture
Competitive landscape in Taiwan: Key players and trends
Innovative business models in retail strengthen brand competitiveness
What next for retail?
Informal retail
Opening hours for physical retail
Seasonality
Lunar New Year
End of Year Cleaning
Double 11 Shopping 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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