my country's self-service vending machine market development prospects

From 2014 to 2018, the number of self-service vending machines in my country continued to grow. In 2019, my country's self-service vending industry continued to maintain rapid development, and the production scale and equipment ownership of self-service vending equipment continued to grow. From the perspective of the development process, my country's self-service vending machines started relatively late, so there is a large gap compared with developed countries. In the early stage of the development of self-service vending machines, the main development regions of the global self-service vending machines were the United States, Japan and Europe. As a relatively developed vending market in the world, Japan has 4.15 million vending machines in 2019, and more than 6,000 kinds of products are sold through vending machines, including large items such as beverages, cigarettes, magazines, medicines, and even jeans. . In terms of inventory, compared with developed countries such as Japan, the inventory of self-service vending machines in my country is still small. In Japan, there is one vending machine for every 25 people on average, one for every 50 to 60 people in the United States, and one for every 50 to 120 people in Europe. The per capita number of self-service vending machines in my country is about 2,200 people/set. Therefore, the market has great potential for growth.