Vending is expected to continue expanding in the forecast period. The benefits of vending machines such as low initial set up costs, low maintenance costs and unmanned operations has helped to generate wide interest from many companies especially when faced with the problem of labour shortages or restricted opening hours.
Over the forecast period there is expected to be a growing number of vending machines in Malaysia. Crucially, it is likely that there will be a significant increase in the numbers of vending machines located in public areas, which fall within the purview of Euromonitor International research.
The younger generation of consumers are digital savvy and social media advertising has a strong influence on their purchasing behaviour. As such, innovative and vibrant product offerings through vending machines that are promoted through creative social media campaigns are expected to generate interest and sales, especially for machines offering new, interesting and innovative product lines.
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Understand the latest market trends and future growth opportunities for the Vending industry in Malaysia 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 Malaysia, 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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