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.