amazingarticlelist.com amazingarticlelist.com
   Index Page :> About Us :> Security & Privacy :> Terms of Use :> Add Your Link :> Add Article
Search:   
Multiple links exchange
 

Education & Learning

Companies & Business

News & Media

Teens & Kids

Research & Science

Tour & Travel

Games & Play

Recreation

Finance & Banking

Medical Care

Drink & Food

Lifestyle & Fashion

Culture & Art

Self Help

Property & Agents

Sports

Shopping & Auction

Vehicles & Automotive

Society & Communities

Employment & Careers

Policies & Law

Computers & Software

Health & Therapy

Home Family & Garden


 

Index Page –› News & Media –› Financial Updates
 

Vending Machines (2)

 
Author: Hans Bool

According to the European Vending Association (www.eva.be) the Consumers increasingly nomadic lifestyle is a great opportunity for the vending industry. They expect this out-of-home market to develop significantly in the next decade. Recent years have been difficult for the vending manufacturers and operators. As we have seen the manufacturing industry provides the majority of the demand for these machines, but this market is slowing down, because of a shift from blue-collar to white-collar workforce, also means that the type, range and quality of products supplied must be adapted. (www.eva.be).

Some development that are to be expected in the near future are;

  • Machines that sell products with payment via mobile phones
  • Machines equipped with internet browsers
  • Order panels with tactile screens
  • Machines that talk, for the blind or visually impaired
  • More environmentally-friendly machines, that use refrigerants that are harmless for the environment, that make better use of environmentally-friendly materials, or recycled ones, that use less energy... (www.eva.be)
Other trends could be imagined that the control of the machines could be arranged on distance by using mobile information technology. The growth-rate of the production in the US, measured over ten years is moderate. An increase of about 70 percent over ten year is less than 5% growth per year. Difficult to tell is what the development of different products and sectors have done in this period. But the numbers hide this information. The European Vending association provides numbers of machines sold per period. This information is not sales oriented, but production oriented, for example:

In Spain there were sold 29,049 machines in 2001 up to 34,148 in 2004. And overall growth rate of 18 percent, and nearly due to the growth in 2004.

The situation in the Netherlands shows a growth rate of 25% but this is due to the growth in 1999. The situation stabilized since then. For Europe as such, the growth is also moderate of a twelve percent over the years 2001 to 2004 and in that case, this increase took place in 2004.

Google Trends demonstrates that people search less for vending-machines since 2004 and the Search engine suggest to read the following headline: Sex Toy Vending Machines Popular In Britain (http://www.nbc4.tv/irresistible/7779805/detail.html - 7 mar 2006).

That headline sheds some more light on the usage of these machines. It is not (only) that it facilitates a purchase at any moment in time. And it goes beyond the nomadic lifestyle. Also interesting to know is that South Africa is the Top region for vending machine searches. But although the trend line seems to decline slowly it is difficult to tell what really the trend is for vending machines. But it seems reasonable that these machine are still dependent of industry developments and that there are shifts from one category (manufacturing and beverages) to others (specialties and niche markets). Automatic teller machines, which could be seen as a family product dedicated to banking operations, have increased over the years and provided a massive shift in consumer behavior. The question is what tendencies in society will make that vending machines will grow beyond normal demographic growth.

2006 Hans Bool

Author Bio:

Hans Bool

Hans Bool has worked for many companies in many countries in different (mainly) management positions.

Recently he started Astor White. A company that offer a new approach in management advice and consulting.

You can search for this article using: financial news, reuters financial news, free financial news, financial market news
 
 
 

Related Articles

 
Overcome Evil with Good
 
Saving Money on Gas ? The Scoop on Products and Services
 
Bushy and His Oil Well Drillers in the Arctic
 
Hurricane Beta Remnants Run Off Wreak Havoc
 
Problems with Too Much Surveillance Data on Citizens
 
A Biography of KHIEU Samphan (PhD)
 
Risks Associated With Nuclear Power Plants
 
War Preparation Requires Obedience - War - Part 3 0f 4 - 1968 Editorial
 
WAV; Useful Applications; Recording Your Tapes or L.P.s to CD
 
The Latest Developments in the Audio Book World
 
 
 
Index Page :> Security & Privacy :> Terms of Use
© 2008 www.amazingarticlelist.com All Rights Reserved.