Vending remains a relatively fledgling business, but with strong growth potential, in Colombia. The potential of vending business is underpinned by low operating costs, as there is little need for human resources, and the consumer search for fast and immediate access to products.
Advertising is becoming a more common feature in vending, parallel to the business of selling traditional and newer types of products via vending machines. As technology advances and vending machines begin to incorporate touch screens, advertising specialists want to be where people make their purchase decisions.
Vending continues to be dominated by packaged foods and packaged drinks, addressing the demand for convenient on-the-go snacks like carbonates and chocolate bars. However, players are increasingly looking at ways to improve their offer and adapt to the rising demand for electronic devices, such as inexpensive headphones, chargers and batteries.
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Understand the latest market trends and future growth opportunities for the Vending industry in Colombia 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 Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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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