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Learn moreFeb 2019
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Changing consumer habits and increasing health awareness are increasing the demand for healthier products in all channels, including vending. Vending machines do not usually offer healthy food, as there is a risk of wasting large amounts of products which are not consumed in time.
In recent years, with the continuous growth in the Spanish economy, the purchasing power of Spaniards increased. This also affected the amount of money that Spaniards spent on food and drinks outside the home.
Vending sales were also boosted by the application of new payment methods, such as virtual cards, mobile apps, PayPal contactless cards and contactless smartphone payments. A recent study by the Spanish Vending Association showed that users of vending machines attach high importance to the different methods of payment available, as older vending machines which are not able to offer the above-mentioned methods of payment are perceived as obsolete, and create frustration amongst consumers.
AB Servicios Selecta España, which is the leading company in vending in the Spanish market in value terms, has increased its efforts in terms of sustainability and energy-saving. The company has started distributing new vending machines which use low consumption LED technology.
Serunion Vending, the division specialised in the automatic distribution of food for Serunion, has changed its image. With this change, the 4,000 machines which are distributed throughout Spain have incorporated a glass design, which allows consumers to see the products and offers detailed nutritional information (including allergen content) through QR codes.
As vending in Spain is dominated by tobacco vending, and due to the fact that smoking is declining in Spain, tobacco vending is expected to see a decline even in current value terms in the forecast period, negatively affecting the shares of the companies involved.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Vending industry in Spain 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 Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
The Vending in Spain market research report includes:
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This industry report originates from Passport, our Retailing market research database.
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.