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Country Report

Vending in

Vending in Colombia

41 pages, Jan 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

One of the fastest growing channels in the country

Vending is an innovative sales channel in Colombia, and one of the fastest growing in retailing. Although vending has been present globally for many years, its popularity in Colombia is very recent.

The location of machines is the key factor in the momentum of the channel

It is becoming more popular to request rental in points of sale or in places which are growing in visitor numbers, such as shopping centres. These do not usually house independent small grocers, so the installation of vending machines is becoming a viable alternative to obtain products.

A business model driven by different types of ventures

The opportunity for entrepreneurship in Colombia is high, because of Colombians’ interest in creating their own business, and the drive instilled in them by educational institutions. Increasingly, Colombians are being encouraged to rely on their potential to be entrepreneurs and to develop their business ideas.

COMPETITIVE LANDSCAPE

The competitive environment is incipient, yet is growing

Currently, there are few vending operators in the country, which shows how incipient this business is in Colombia, although it has great potential. The competition in vending in Colombia lies in supplying vending machines and stocking them, and providing the products.

Vending is becoming less informal, with more entrepreneurs who meet quality standards

As vending showed double-digit growth in recent years – something that is unusual in retailing, and even less so with the unfavourable consumer behaviour due to the economic environment – people now see vending as a proper business. Vending is now not only seen as the installation of a machine, but as the possibility of business creation, which involves follow-up, price definitions, payment methods and formal processes for administration that meet quality standards in order to be profitable for those involved.

The incorporation of technology becomes increasingly important

Payment methods are important in vending. It is seen not as a short-term business investment, but as a medium- to long-term business investment.

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Samples

Vending Sample Report Vending Sample Data

Overview

Why 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.

Samples: FAQs about samples

Delivery: Files are delivered directly into your account within a few minutes of purchase.

Overview

Discover the latest market trends and uncover sources of future market growth for the Vending industry in Colombia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Vending industry in Colombia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Vending in Colombia market research report includes:

Analysis of key supply-side and demand trends
Detailed market shares for international and locally-based retailers
Historic values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

Who are the leading retailers in Colombia?
Is vending being aided by consumers’ desire to eat on the go?
Are vending operators broadening their product range to drive sales?

Why 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 industry report originates from Passport, our Retailing market research database.

Euromonitor International

Euromonitor International

Megatrends

Country Report

Vending in Colombia

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

One of the fastest growing channels in the country

The location of machines is the key factor in the momentum of the channel

A business model driven by different types of ventures

COMPETITIVE LANDSCAPE

The competitive environment is incipient, yet is growing

Vending is becoming less informal, with more entrepreneurs who meet quality standards

The incorporation of technology becomes increasingly important

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Why buy this report?

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Recently Viewed

Megatrends

Country Report

Vending in Colombia

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

One of the fastest growing channels in the country

The location of machines is the key factor in the momentum of the channel

A business model driven by different types of ventures

COMPETITIVE LANDSCAPE

The competitive environment is incipient, yet is growing

Vending is becoming less informal, with more entrepreneurs who meet quality standards

The incorporation of technology becomes increasingly important

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Why buy this report?

Want to find out more about this report?

Recently Viewed

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