The forecast period is expected to see vending register a slight decline due to the demand for beverages and food through vending machines falling. This will occur as many people continue to work or study remotely and consume these products at home or in retailers near their home.
Vending payment methods are becoming an increasingly important factor in the development of the channel. Most of the vending machines in Peru require coins, and much of the population is opting for other forms of payment and saving the coins they have for obligatory cash payments, such as in public transport or to buy newspapers.
Given that vending is a small retail channel in Peru, its development will depend on machines having an adequate location, in captive public spaces but with little nearby competition. Such locations are difficult to find because various types of retailing are making efforts to expand and come closer to their potential customers.
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Understand the latest market trends and future growth opportunities for the Vending industry in Peru 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 Definitions
This report originates from Passport, our Vending research and analysis database.
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