The expansion plans of "i-mall Micro Market" through the franchise model is expected to have a positive impact on the vending in Greece during the forecast period. The player plans to enlarge its network by including 50 stores by 2024, and 80 by 2026.
Vending will record robust growth in retail current value sales over the forecast period, with the proliferation of small retail stores hosting multiple vending machines being a significant driver. Vending machines are becoming more technologically advanced, providing new and convenient options for consumers.
Traditional vending machines are starting to become less common, with more innovative solutions taking their place. However, not all new concepts may be successful, as consumer reaction to fresh produce vending machines has been indifferent so far.
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Understand the latest market trends and future growth opportunities for the Vending industry in Greece 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 Greece, 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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