Following China’s pivot to a “living with COVID” strategy, and the resumption of travel and service sector activities, people have been venturing out more and spending time in public spaces once again. This has led to an improvement in foot traffic, which in turn is expected to be a major factor in the recovery of the vending channel in the forecast period.
The vending channel in China has shown resilience, and is expected to maintain its growth trajectory, with many companies investing in the development of new technologies. The trends towards digitalisation and automation were accelerated by the pandemic, and will be the key drivers of the future development of vending.
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Understand the latest market trends and future growth opportunities for the Vending industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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 Definitions
This report originates from Passport, our Vending research and analysis database.
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