Financial Glimpse of the Vending Machine Market

 The vending machine market in the USA is much larger than most people realize, and the majority of the industry—two-thirds to be exact—is composed of small business owners. Unlike most other industries, no vending machine business owner controls more than 5% of the market.

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‍Big-name companies like Pepsi and Coca Cola will own the largest share percentages of the market, but they still can’t compete with the thousands of vending machine owners with small-scale operations of one or two machines. The highly profitable vending machines generate roughly $600 in profits each month, but vending machine sales can also be as low as $75 per month.

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Evidently, there is a lot of variability in the vending business market. Vending machine operators may have a single vending machine or as many as 20+, and their vending machine profit statistics will vary greatly as a result of many factors. To predict profit margin for your specific case, it's best to use a profit calculator.

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The two million vending machines currently operating in the country generate roughly 7.4 billion dollars in revenue each year. When you consider this revenue in comparison to the adult population in the country, you can estimate that the average consumer is spending $35 on vending machine products each year. The average vending machine owner earns less than one million in income each year.

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On a global scale, the vending machine industry is comprised of 15 million machines. Considering one-third of the global vending machine market is located in the United States, new vending machine operators are walking into a fairly saturated market, but one that is still growing each year. With a compound annual growth rate estimated at around 10% (with projected growth continuing into 2030), now is the best time for starting vending machine business ventures.


Most Profitable Vending Machines in 2023 - Vending Locator

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