Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Vending Machine Market in India 2011

By Bharatbook Subscribe to RSS | June 11th 2012 | Views:
loading
 
  



The annual vending machine production in India will grow strongly over the next few years, with the number of such machines produced annually expected to reach 12,500 by 2013. Sale of goods and services through vending machines are pegged to be worth INR 48 bn by 2012. Both sales of vending machines, and goods and services sold through these machines are expected to develop strongly in the next five years.

http://www.bharatbook.com/market-research-reports/consumer-goods-market-research-report/vending-machine-market-in-india-2011.html

The report begins with an introduction to vending machines and its operational model. Vending machines follows a simple mechanism including product selection, payment modes, article dispensing and vending feedback.

This section is followed by the market overview section which begins with an insight into the overall vending machine market in India, growth in annual production and the potential market for vending machines. Only a small fraction of the potential vending machine market in India has been tapped, indicating a huge scope for growth of this market. Vending machine market in India is expected to grow strongly in the near future. The business model for vending machines has also been covered. It further delves into the various types of vending applications and includes details of hot beverages vending machines, box vending machines, snacks and beverages vending machines, coin/ currency vending machines and ticket vending machines. Additionally, sub-segments of vending machines have been included as well as their installed location and future outlook

Exports and imports of this sector have been highlighted, which throws light on the various types of vending products that are traded internationally. This section includes an overview of export-import of such machines, the growth in their total value, the countrywise segmentation and the share of exports-imports across various vending products.

An analysis of the drivers and challenges explains the factors leading to the growth of the market including increasing consumerism, growth in organised retail, growing urbanization and corporate culture, improved technology and new applications and changing lifestyle. Strong opportunity exists in the market as increasing disposable income and higher consumption pattern drive the demand for such machines. This coupled with the fact that organized retail space and urbanization in India is growing will lead to a developing market. Additionally, corporate culture and changing lifestyle of people in India will help to stimulate growth in this market. The key challenges identified are payment mechanism and maintenance, availability of cheap labour and consumer perception. Poor payment gateways and lack of adequate maintenance of vending machines deter the growth of this market. Varying perceptions of consumers regarding the use of vending machines also acts as a major bottleneck. Industry Analysis

For more information kindly visit :

Vending Machine Market in India 2011

Or

Bharat Book Bureau

Tel: +91 22 27810772 / 27810773

Fax: + 91 22 27812290

Email: info@bharatbook.com

Website: www.bharatbook.com

Follow us on twitter: http://twitter.com/#!/Sandhya3B

https://twitter.com/#!/bharatbook

Bharatbook - About Author:
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/business-articles/vending-machine-market-in-india-2011.htm

Related Business Articles Subscribe to RSS

Strategic Sourcing Pursuits Need More Proper care Simply because of the Volatile Home market
Published by Alcott Bailey on June 11th 2012 | Business
By way of present day unstable economic, reputable companies have been compelled to choose very much...
 
From consumers to specialists: agricommodity market information for everyone.
Published by Samuel Arthur on January 18th 2012 | Business
As consumers, we are often aware when there are price changes in the products we buy....
 
Overseas currency trading interacting is different from the inventory market
Published by Cecile Tyler on March 1st 2012 | Business
This forex trading helps you to start your right choose of forex brokers that may lead you to suces...
 
Varieties of Air conditioning installation Perth available in market
Published by Customisedair on March 7th 2012 | Business
Modern technologies & inventions have changed our life completely. Today all the accessories we are ...
 
India Real Estate market is Flourishing Faster
Published by Maaya on February 27th 2012 | Business
Why India is becoming the leading destination for property investment? Well, today the outlook of In...
 
For the ultimate luxury of business jets with a reliable, precise service contact the market leaders at Airmayfair.
Published by on June 21st 2012 | Business
We take our position very seriously, ensuring your trip is a safe and secure, and are very aware of ...
 
Expanding Your Business to China’s market
Published by Frank Joseph on July 6th 2012 | Business
Expanding your business to China’s market gives you the task of altering your approaches and strat...
 
Tariq and sons leading brand in Adhesive market of Pakistan
Published by Tariq And Sons on December 23rd 2011 | Business
I am saying their own field because as each one of them possess separate quality, which is the main ...
 
Basmati rice supplier – b2b rice suppliers at online market
Published by David Hudson on July 18th 2012 | Business
Rice; a staple food of Bangladesh, heavily consumed in India and the Asian continent as its top prod...
 
Methods of making money in FX market
Published by Jane Cyrus on March 26th 2012 | Business
Foreign exchange is estimating the value of one currency in comparison with other currency which can...
 
What can consumers do to get the best rates on the market?
Published by Sean Burke on May 4th 2012 | Business
The importance of comparing prices to find the best deals....
 
Boom in Mohali real estate market
Published by Ravinder on January 16th 2012 | Business
Investing in real estate is certainly not an easy job. One needs to bear in mind an array of factors...
 
The market is flooded with varieties of eye glasses
Published by Tom Hag on January 5th 2012 | Business
Looking for something which will revamp your style? Then you should check out designer eyeglasses in...
 
With over 20 years experience in the machine tools market T H Machine Tools is a name you can trust!
Published by Mary Porter on June 26th 2012 | Business
Machine tools are basically machines for shaping rigid materials such as metal usually by cutting, b...
 
Global Plastics is the foremost supplier of cable ties for the entire UK market
Published by on July 17th 2012 | Business
Here at Global Plastics we stock a comprehensive range of cables ties of all different sizes. The ca...
 
How to know the market value of your Used Heavy Truck?
Published by Liza on January 15th 2012 | Business
If you are considering trading in your used dump truck or used heavy truck, you may want to do your ...
 
The industrial safety helmet suppliers in the market
Published by Mayank Gandhi on June 20th 2012 | Business
Impresaa- safety helmet manufacturers have the required adjustments made which helps the workers to ...
 
Android App Development is the new wave in the mobile market
Published by Elvy James on January 21st 2012 | Business
Kuware has an entire team of experts who develop Android apps for clients across a broad range of pl...
 
Undertaking an Extensive China market research
Published by Frank Joseph on July 6th 2012 | Business
Exporting to the market of China is one of the most feasible alternatives for any business owner hun...
 
If you’re in the market for folding patio doors of superlative quality then you need only consult Shaws Joinery
Published by on July 18th 2012 | Business
We have crafted folding patio doors, and indeed all manner of bespoke joinery solutions, for custome...