EVA REPORT 8:

EVA REPORT 8: Vending Market Growth to be Offset by Impact of Covid-19

EVA REPORT 8: According to the EVA’s latest market report, the vending industry was delivering sustained revenue growth is almost all European markets prior to the Covid-19 pandemic.

 The eighth annual report by the European Vending & Coffee Service Association provides the latest in-depth look into the European vending and Office Coffee Service (OCS) industry and reveals the current and latest trends.

Overall, EVA REPORT 8 – based on 2019 data – reinforces the positive trend seen over the last few years that the vending market as a whole has been growing steadily. Indeed, total annual revenue rose an impressive 3.4% to €17.2 billion, while the machine fieldbase (number of machines) has grown 1.1% to 4.16 million.

While solid growth is observed in 21 out of the 22 markets covered in the report, the EVA is very aware of the severe impact Covid-19 has brought to the industry. For full context, the new market report should therefore be read in conjunction with the EVA Covid-19 impact report.

The ongoing Covid-19 pandemic is responsible for a huge drop in sales, vends and turnover in 2020 and at a much higher scale than during the economic and financial crisis in 2008. EVA REPORT 8 gives you the Big Picture of the impact the crisis is having on the industry – and begins to identify where the new opportunities could be.

EVA REPORT 8 identifies longer term trends within vending & OCS – which should remain after the pandemic recovery – as well as providing, for the first time this year, more detail on payment systems, telemetry and beverage cups used in the industry.

Some selected facts revealed by EVA REPORT 8:

  • In Europe, vending machines sell 99 million food and beverage items every day;
  • Hot beverages now represent 80% of the total market in terms of the number of vends;
  • There are around 185 Europeans per vending machine but this varies dramatically from 60 people/machine in the Netherlands to 1,850 in Turkey;
  • Over 80% of European machines are located in the workplace;
  • Ukraine has seen the largest market increase, with impressive field base growth of 10.4% and a massive 28% growth in revenue within the last 5 years;
  • Across European vending, paper cups are now (just) more common than plastic beverage cups, but significant individual market differences apply;
  • Micromarkets have now been reported in 13 of the 22 markets covered, with Sweden and Russia leading the way.

More news from the EVA is HERE on Planet Vending

 

 

 

 

 

About the author

The Editor

Planet Vending’s Editor is Ian Reynolds-Young and it’s Ian’s unique writing talent that has made PV what it is today – the best read (red) vending blog in the world, and vending’s best read (reed). Ian ‘tripped and fell into vending’, in the capacity of PR executive, before launching a specialist agency, ‘reynoldscopy’, dedicated to the UK Vending business. The company continues to represent the interests of many of the sector’s leading brands.

‘It’s all about telling stories’, he says. ‘We want to make every visit to PV a rewarding experience. By celebrating the achievements of the UK’s operating companies, we’re on a mission to debunk the idea that vending is retailing’s poor relation.’

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