Continuous innovation and wide availability of vending machine are fostering the Japan Vending Machines Market

The Japan vending machines market is anticipated to grow with a considerable CAGR of 4.7% during the forecast period (2020-2026). The market growth will be majorly driven by the already high penetrated vending machine across the country. As per the Japan Vending Machine Manufacturers Association, Japan has over 5 million vending machines around the country. The vending machines all across the country offer all the essentials including water, soft drinks, coffee, and sometimes cans of ready-to-eat soup. In addition to this, vending machines for beer and other alcoholic drinks are also prevalent in the country. Moreover, vending machines giving out fresh food such as fruits or eggs can also be occasionally found away from urban centers in the country.

Browse the full report description Japan Vending Machines Market Size, Share & Trends Analysis Report By Type (Traditional Vending Machines and Micro Markets), By Product (Food & Snacks, Beverages, and Others), By Application (Supermarkets & Retail Stores, Public Places, Offices/Institutions, and Other), Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/japan-vending-machines-market

Furthermore, the number of vending machines accepting electronic money such as card and mobile payments is also penetrating deeply across the country. In addition to this, the continuous innovation of manufactures in the vending machine market is also anticipated to drive the Japanese vending machine market. For instance, Japan’s communication company NTT Communications Corp. offers vending machines for SIM cards. These vending machines are already equipped with instructions on how to register through either the built-in touch panel or passport scanner, hence customers can connect to the Internet in a matter of minutes.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By Type

o By Product

o By Application

• Competitive Landscape- Asahi Group Holdings, Ltd., Suntory Holdings Ltd., Sanden Holdings Corp., Fuji Electric Co., Ltd. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Japan Vending Machines Market Report Segment

By Type

• Traditional Vending Machines
• Micro Markets

By Product

• Food & Snacks
• Beverages
• Others

By Application

• Supermarket and Retail Stores 
• Public Places 
• Offices/Institutions
• Other