Retail constant value sales within the vending channel will continue to see positive growth during the course of the forecast period, with snacks and soft drinks remaining the largest categories. However, the range of products offered through vending is expected to widen to include more health and beauty and personal care products, in addition to small consumer electronics.
Up until recently, the traditional way of making payments in vending machines was via cash. However, in response to the pandemic, some vending companies launched contactless options in their vending machines, spurred by customer concerns regarding the risk of infection.
Vending businesses represent a very attractive option for entrepreneurs, due to their relatively low start-up costs and high profit margins, especially when compared to physical stores. They are also highly flexible, with vendors able to change both the location of their machines and the range of products they sell.
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Understand the latest market trends and future growth opportunities for the Vending industry in Mexico 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 DefinitionsThis report originates from Passport, our Vending research and analysis database.
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