Vending
U.S. beauty, personal care (BPC) retail vending machine market sees a 10.5% CAGR by 2033
Photo: Adobe Stock
May 28, 2024
The U.S. beauty and personal care (BPC) retail vending machine market size surpassed $91.6 million in 2023 and is expected to expand at a CAGR of 10.5% from 2023 to 2033, according to a Future Market Insights press release.
The report cites improvements in living standards as well as technological advancements as key drivers of the market growth, which is slated to reach $248.4 million by 2033.
Changing consumption patterns, reduced long-term maintenance costs and increased adoption of smart vending machines in the BPC retail vending market also contribute to this growth, as does growing awareness about regular hygiene in the U.S.
Key players in the U.S. BPC retail vending machine market include:
- 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.
