China’s Vending Market & Industry Are Growing at a Breakneck Pace
In recent years, China’s vending machines have grown at 30% CAGR. It is predicted that by 2020, there will be 138 million vending machines in China, yearly selling up to 100 Billion Yuan of fast-moving consumer goods according to a report by Forward. Meanwhile, China has become the biggest vending machine manufacturer and exporter in the world, with Guangdong contributing most of the export volume.
Preview of China VMF 2020
Receiving unanimous praise from worldwide insiders for the past few years, China VMF has become the most popular and largest annual exhibition in the global self-service vending industry. With 86% exhibitors from 2019 looking forward to 2020, it is expected that China VMF 2020 will congregate 700 exhibitors on a show floor of 50,000 sq.m.
Review of China VMF 2019
Hosting 365 exhibitors occupying 13,045 sq.m net exhibition area, China VMF 2019 registered 32505 visits in 3 days. Exhibitors were grouped in 3 themed exhibiting areas— Vending Machines & Self-Service, New Retail & Payment Solutions, and Fresh Delivery & Cold Chain Tech Equipment—each featured with key players from its category, such as Fuji Electric, Sanden, Bianchi, Easy Touch, YoPoint, LE Vending, Foxconn, TCN, Holo, Comma, DeepBule, Superlead, CPI, Nayax, Union Pay, laqtia etc.
Exhibition Scope
▪ Vending Machines;
▪ Self-Service Machines;
▪ Micro market/Unmanned Stores;
▪ Payment Solutions;
▪ Office Coffee Services;
▪ Vending Items;
▪ Accessories;
▪ Logistics & Cold Chain for Perishable Vending Items;
▪ Vending Machines Management & Operation; etc.