PROSPECTS AND OPPORTUNITIES
Urbanisation expected to boost the growth of vending over the forecast period while players could explore new opportunities for the channel
Vending machines are mainly found in cities and urbanised areas where they respond to the high demand for convenience from those leading hectic and on-the-go lifestyles. As such, vending should benefit from ongoing urbanisation within Thailand as well as other factors such as increased economic stability and strong growth in tourism.
Low-maintenance requirements further support expansion of Vending
Apart from benefiting from changes in consumer preferences, vending is also likely to benefit from the low maintenance and running costs of these machines. Investors may be attracted to the low costs associated with vending compared to opening physical stores, with vending machines also being easy to relocate if they do not succeed in some areas.
Art toys and collectibles and convenience stores seen to offer new growth opportunities for vending
Thanks to a growing group of ‘kidults’ who have a high purchasing power and a strong affinity for collectibles, the vending market is expected to be backed up by the growing demand for art toys and collectibles, particularly blind boxes, soft toy collections, licensed products. Vending machines are expected to become increasingly popular venues for selling art toys and collectibles, particularly in high-traffic areas such as shopping malls and department stores, with these catering to collectors and enthusiasts, as well as children looking pocket-money treats.
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Overview:
Understand the latest market trends and future growth opportunities for the Vending industry in Thailand 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 Thailand, 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 Thailand 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 Thailand?
- Which are the leading retailers in Vending in Thailand?
- 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 Thailand - Category analysis
KEY DATA FINDINGS
Busy urban lifestyles and a rebound in tourism boosts sales in vending in 2024
Smart vending machines by Tao Bin fuelling up demand
Vending players look to benefit from the growing demand for collectible toys and blind boxes
Urbanisation expected to boost the growth of vending over the forecast period while players could explore new opportunities for the channel
Low-maintenance requirements further support expansion of Vending
Art toys and collectibles and convenience stores seen to offer new growth opportunities for vending
Retail in Thailand - Industry Overview
Retail in 2024: The big picture
Potential for further growth in Retail E-Commerce
Soft power influencing and shaping the Thai retail landscape
Positive and promising outlook for Retail in Thailand over the forecast period
Informal retail
Opening hours for physical retail
Seasonality
Payday shopping
Mid-year and year-end sales
Black-to-School
Valentine’s Day
Thai Mother’s Day
Thai Father’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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