Beverage Vending Machine Market is Poised to Reach USD 43.04 Billion By 2032 | Astute Analytica [Yahoo! Finance]
Crane Holdings, Co. (CR)
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Source: Yahoo! Finance
Innovation, global presence, and consumer demand for convenience and technology drive the industry, shaping the market's growth and offerings. New Delhi, May 21, 2024 (GLOBE NEWSWIRE) -- The global beverage vending machine market was valued at US$ 22.77 billion in 2023 and is anticipated to reach market valuation of US$ 43.04 billion by 2032 at a CAGR of 7.56% during the forecast period 2024–2032. The United States stands out as a leader, boasting around 31% of the world's vending machines. Interestingly, Japan holds the record for the highest machine density, with an impressive one machine for every 30 residents. As per Astute Analytica, cashless transactions are rapidly transforming the beverage vending machine market landscape. In the US, nearly half of all machines now accept cashless payments, and this number is expected to surge to two-thirds by 2024. This shift is driven not just by convenience, but also by significant sales increases. Studies show that machines offering bo
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CR
Earnings
- 4/22/24 - Beat
CR
Sec Filings
- 5/30/24 - Form 8-K
- 5/28/24 - Form 4
- 5/28/24 - Form 4
- CR's page on the SEC website