Vending

Automated retail vending market to reach $9.8B by 2031

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December 3, 2025

The automated retail vending market will reach $9.8 billion by 2031 in the consumer goods and retail category. It will also grow at a compound annual growth rate of 8.3% from 2025 to 2031, according to a report by Market Research Intellect.

This market is growing due to consumer demand for contactless shopping with cashless payments, digital wallets and other features. Retailers are utilizing advanced technologies with the vending machines such as localized marketing, advertising and cloud-based management. There is also a push towards micro markets and hybrid kiosks with AI-based analytics and smart inventory systems.

Other key findings include:

• Europe has the fastest growing market share due to a push for environmentally friendly devices.
• Asia-Pacific will likely have the largest growth.
• Government initiatives are supporting market development.