Has the vending machine saturated the market?

Has the vending machine saturated the market? In this issue, the editor brings us the related content of the vending machine. Let's take a look! Has the vending machine saturated the market? For now, the ratio of vending machines to convenience stores in the United States is about 30:1. In 2017, the number of convenience stores in China was 106,000. Based on 30:1, the number of vending machines in China should be 3.18 million. But in fact, the number of vending machines in the Chinese market in 2017 was only 460,000, which shows that the market is far from being saturated. Furthermore, in 2017, the new retail trend swept across the country, and vending machines ushered in good news, and they became a sweet pastry sought after by many players. The number of vending machines launched by corporate players and public areas has increased significantly. It is estimated that the number of vending machines launched by 2020 will reach 2.3 million. What about the international market? At the end of the 20th century, vending machines were introduced to China, and they were mainly imported from Japan and South Korea. After decades of conceptual innovation and technological breakthroughs, my country has become a major exporter of vending machines. The export volume increased from 96.991 million units in 2015 to 149.766 million units in 2017. In 2017, the import volume of vending machines in my country was 624,600, and the import amount was US$60.8 million. How big is the market? The profit margin is shrinking, where is the profit point? Vending machines But another fact that we have to admit is: in recent years, the overall price of vending machines in my country has shown a downward trend. The average price of products in the industry has dropped from 21,500 yuan/unit in 2009 to 13,000 yuan/unit in 2017 . The price range of vending machines is relatively large, and buyers mostly prefer vending machines in the price range of 4,861,760 yuan. In addition, vending machines with a price range of 176,112,820 yuan are also popular among buyers. In addition, the downstream purchasers of vending machines in my country are operators and purchasers. Operators are currently the main purchasers of domestic vending machines. Advertising revenue has become a new revenue point for operators. In the future, operators are expected to launch large-scale automatic vending machines. Vending machines use economies of scale to deploy more terminals to obtain higher advertising revenue. At present, beverage giants are seizing high-quality resources and actively launching vending machines. It is reported that Wahaha invested 2 billion in 3 years to deploy 100,000 vending machine terminals. In addition, when talking about how the industry market will change in 2019, several bosses of vending machine manufacturers have complained, saying that they are most afraid of arrears and leverage when profits decline; vicious low-price competition; no new market growth Points; further growth in comprehensive costs; rapid iteration of products and technologies, etc. This is the concern of most industry bosses. Instead of worrying, it is better to keep up with benchmarking companies and catch up a little bit. The above content is about the information about the vending machine industry. If you want to know more about our vending machine industry, please click to enter our official website haloo-vending.com,
However, with the increased prevalence of vending machine, it has become far more affordable.
Haloo Automation Equipment Co., Ltd will be familiar with the transformation from a generalist into a manufacturer, and will have the big-picture perspective necessary to stay focused on long-term goals.
Haloo provides a number of vending machine manufacturers designed to handle commercial vending machine.
Haloo Automation Equipment Co., Ltd always focus on the situation of global market and understands the importance factors of manufacturing vending machine.
When you choose to buy instead of vending machine manufacturers, the money you save may allow you to buy multiple other necessities, more than you had initially planned on buying.