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Global Industrial Vending Machine Market: By Type: Carousel, Coil, Others; By Product: Personal Protective Equipment, Maintenance, Repair and Operations, Others; By End Use: Aerospace, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Industrial Vending Machine Market Outlook

The global industrial vending machine market reached a value of about USD 2.38 billion in 2020. The market is further expected to grow at a CAGR of 8% in the forecast period of 2021-2026.

 

Global Industrial Vending Machine Market

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Increasing Demand for Personal Protective Equipment to Augment the Industrial Vending Machine Industry Growth

Based on product, personal protective equipment (PPE) accounts for a significant share in the industrial vending machine industry. This can be attributed to the rise in the safety concerns for the employees across the globe. The stringent government regulations regarding safety have been a huge boost for the PPE market.

By type, coil vending machines are expected to see a robust growth in the forecast period due to the increase in demand for high-capacity industrial vending machines in several end-user industries.

 

The Asia Pacific to Provide Enhanced Growth Opportunities to the Industrial Vending Machine Industry

Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the growth of the manufacturing industry in countries like India and China. These machines help in increasing the efficiency of inventory management, and, thus, help the manufacturing industry increase its profit.  This is expected to be the major factor driving the growth of the industry in the Asia Pacific.

 

Industrial Vending Machine: Industry Definition and Segmentation

Industrial vending machine is a 24*7 solution at the manufacturing site that automatically dispenses the necessary servicing and repair and operation products and conducts automated record keeping. The computer may be programmed to be accessed for a specified time frame by a single employee or group of employees, for a specific sum. This helps the company remove the excessive use of inventory. From gloves to wrenches, it can also be designed to handle irregular-sized and shaped supplies, thus, removing the need to repackage or reform items before returning them. The auto-replenishment option also comes with vending machines.

 

Global Industrial Vending Machine Market By End Use

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By type, the market is divided into:

  • Carousel
  • Coil
  • Others

Based on product, the industry can be segmented into:

  • Personal Protective Equipment
  • Maintenance, Repair, and Operations (MRO)
  • Others

The market is divided based on end use into:

  • Aerospace
  • Engineering Services
  • Manufacturing
  • Oil and Gas
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Industrial Vending Machine Market By Region

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Increasing Demand from Small and Medium Industries in Various End Use Sectors to Bolster the Growth of the Industrial Vending Machine Industry

With a rise in the number of small and medium industries all across the globe, the demand for industrial vending machines in various sectors, including aerospace, engineering services, and others, is at an all-time high. As the industries have to cater to a large customer base, the carousel vending machine has turned out to be one of the most preferred machines. This can be understood as carousel machines are small, cost-effective, and consume less energy, which make it an ideal choice for use among consumers. This has led to a significant growth of the industrial vending machine industry. However, the downside with a vending machine is the high initial cost, which may lead to its poor sales. Thus, this may hinder the growth of the industrial vending machine industry.
 
Over the forecast period, increasing demand for PPE kits and carousel vending machine is expected to favour the industry growth. The rise in technological advancements is expected to be a major trend in the coming years.

 

Key Industry Players in the Global Industrial Vending Machine Market

The report gives a detailed analysis of the following key players in the global industrial vending machine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • AutoCrib, Inc 
  • Airgas, Inc. 
  • Fastenal Company  
  • MSC Industrial Direct Co., Inc 
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Product, End Use, Region
Breakup by Type Carousel, Coil, Others
Breakup by Product Personal Protective Equipment, Maintenance, Repair and Operations, Others
Breakup by End Use Aerospace, Engineering Services, Manufacturing, Oil and Gas, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered AutoCrib, Inc., Airgas, Inc., Fastenal Company, MSC Industrial Direct Co., Inc, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Industrial Vending Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industrial Vending Machine Historical Market (2016-2020) 
    8.3    Global Industrial Vending Machine Market Forecast (2021-2026)
    8.4    Global Industrial Vending Machine Market by Type
        8.4.1    Carousel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Coil
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Others
    8.5    Global Industrial Vending Machine Market by Product
        8.5.1    Personal Protective Equipment
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Maintenance, Repair and Operations
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Industrial Vending Machine Market by End Use
        8.6.1    Aerospace
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Engineering Services
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Manufacturing
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Oil and Gas
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Others
    8.7    Global Industrial Vending Machine Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    AutoCrib, Inc. 
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Airgas, Inc.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Fastenal Company
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    MSC Industrial Direct Co., Inc
            11.2.4.1    IVM, Inc. Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Others
12    Industry Events and Developments


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Figures and Tables

1.    Global Industrial Vending Machine Market: Key Industry Highlights, 2016 and 2026
2.    Global Industrial Vending Machine Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Industrial Vending Machine Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Industrial Vending Machine Historical Market: Breakup by Product (USD Billion), 2016-2020
5.    Global Industrial Vending Machine Market Forecast: Breakup by Product (USD Billion), 2021-2026
6.    Global Industrial Vending Machine Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Industrial Vending Machine Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Industrial Vending Machine Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Industrial Vending Machine Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Industrial Vending Machine Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Industrial Vending Machine Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Industrial Vending Machine Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Industrial Vending Machine Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Industrial Vending Machine Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Industrial Vending Machine Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Industrial Vending Machine Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Industrial Vending Machine Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Industrial Vending Machine Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Industrial Vending Machine Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Industrial Vending Machine Market Structure

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