Europe Vending Machine Market size is anticipated to reach USD 27.21 billion by 2028
Europe Vending Machine Industry Overview The Europe vending machine market size was valued at USD 13.71 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. Increasing demand for on-the-go snacks and beverages due to the hectic lifestyles of consumers is boosting the demand for vending machines. The continuous rise in the number of coffee consumers in the region is also estimated to drive market growth. The growing preference for coffee and the expansion of the corporate sector across European countries are further expected to drive the product demand. According to the European Vending & Coffee Service Association (EVA), a majority of vending machines in the region serve hot drinks, such as coffee, while the remaining vend anything from sandwiches and cold drinks to hot meals and snacks. Gather more insights about the market drivers, restrains and growth of the Europe Vending Machine Market Th...