Vending Machine Operators Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 12/12/2016
SIC Codes: 5962
NAICS Codes: 454210
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Vending Machine Operators Industry Profile

Companies in this industry sell soft drinks, candy, snacks and other products through vending machines that they service. Major companies include divisions of ARAMARK, Coca-Cola, Compass Group, and Sodexo.

The US vending machine operators industry includes about 4,100 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $6 billion.

COMPETITIVE LANDSCAPE

Consumer spending and employment growth drive demand, since many vending machines are located in workplaces. The profitability of individual companies depends on effective merchandising, reliable service and maintenance, and securing prime locations. Large companies can offer a wide product selection, service large accounts, and enjoy scale advantages in purchasing, finance, and distribution. Small companies can compete effectively by serving a local market, providing superior customer service, or offering unique products. The US industry is fragmented: the top 50 companies generate about 45% of industry sales.

Vending machine operators compete with other providers of ready-to-consume food and beverages, including restaurants, grocery stores, convenience stores, and coffee shops.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products sold include soft drinks (about 40% of sales), candy and snacks, hot beverages, hot and cold meal products, and ice cream. The majority of cold beverages sold are soft drinks in cans, bottles, or cups. Candy includes chocolate, gum, and mints. Snacks include salty snacks (potato chips and pretzels); baked goods (cookies and cakes); crackers, nuts, and seeds; and nutritious bars. Companies may also offer office coffee services ...

 
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