The USA beauty and personal care (BPC) retail vending machine market size would surpass US$ 91.6 million in 2023, expanding rapidly at a CAGR of 10.5% from 2023 to 2033. Improving living standards and technological advancements are attributed to the growth, reshaping the market. By 2033, the USA beauty personal care (BPC) retail vending machine market would reach US$ 248.4 million, driven by ongoing advancements in technology.
Increasing adoption of smart vending machines would push BPC retail vending machine sales in the USA. The inclination toward ready-to-use and easily available beauty & personal care products would also aid demand.
Growing awareness about regular hygiene in the USA is also supporting the beauty personal care vending machine market share. Demand for ready-to-use grooming products would be supplemented by innovations in machine designs.
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Changing consumption patterns is another crucial factor for the USA market. Changes in designs and processes of vending machines would also elevate sales.
Reduced long-term maintenance costs have resulted in high demand for beauty and personal care retail vending machines. Key companies are investing millions of dollars each year in their stores and platforms.
They want to ensure that they deliver high-quality products in a timely manner. Backed by these factors, the USA market would surpass US$ 248.4 million by 2033.
Key Takeaways from the USA BPC Retail Vending Machine Market Study
- In 2022, Nebraska held a significant revenue share of 6% in the USA BPC retail vending machine market.
- The BPC retail vending machine market in New Hampshire would expand at a CAGR of 6% throughout the forecast period.
- On the basis of temperature control, refrigerated BPC retail vending machines would surge at a robust CAGR of 14% by 2033.
- By product type, free standing BPC retail vending machines generated a share of 1% in 2022.
- In terms of payment method, the cashless segment currently holds a share of 7%.
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“To keep up with high demand, BPC retail vending machine manufacturers are developing new products in a variety of categories. Introduction of energy-efficient vending machines would propel the market.” – says an analyst.
Competitive Landscape: USA BPC Retail Vending Machine Market
Manufacturers are concentrating on boosting their research & development expenditure. They are opting for product innovations.
They are manufacturing small, streamlined, and fashionable BPC retail vending machines. Producers are also planning to launch new machines that would fit well in both huge rooms and exterior environments.
Key players present in the USA BPC retail vending machine market are:
- S. Hughes Company Co., Inc.
- Royal Vendors, Inc.
- Digital Media Vending International, LLC
- Seaga Manufacturing Inc.
- Gilly Vending Inc.
- Vendlife
- Azkoyen Group
- Crane Merchandising Systems
- Fuji Electric Co., Ltd.
- Guangzhou Reyeah Technology Co., Ltd.
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USA Beauty and Personal Care (BPC) Retail Vending Machine Market Outlook by Category
By Product Type:
- Wall Mounted
- Free Standing
- Wheels or Appliance Casters
By Temperature Control:
- Ambient
- Combo
- Refrigerated
By Selection Method:
- Keypad
- Touch Screen
- Mobile App Based
By Payment Method:
- Cash
- Cashless
By Installation Site:
- Airports
- Subway Stations
- Commercial Spaces & Institutional
- Hotels & Resorts
- Stadiums
- Residential Community
About Consumer Product Division at Future Market Insights
The consumer product team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the consumer product industry, the team is happy to help with every business intelligence research and consulting requirement.
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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