China to Drive Global Vending & Smart Retail Market Growth
On the Vending Front
With 100-200 thousand new equipment added to the market yearly, there will be 2.08 million vending machines in use across China in 2025. The global vending market is estimated to grow from 40.5 billion yuan in 2019 to 49.6 billion yuan in 2026, at a CAGR of 2.9%.
On the Smart Retail Front
2017-2019, the CAGR of China’s smart retail market was as high as 115%, and the market is projected to surpass 1800 billion yuan by 2022. With a CAGR hovering at 24.12% from 2019 to 2024, It’s been estimated that the global smart retail market will increase to 38.5 billion dollars in 2023.
Review of VRE 2021
Gathering 700 exhibitors on a record 50,000 sq.m show floor, throughout the hectic three days, the show counted over 100,000 visits. Not expecting so huge a crowd, many exhibitors ran out of product catalogs on the second day and gaily announced that they would be more prepared next year.
Preview of VRE 2022
As one of the biggest and most influential vending shows in Asia, VRE is the ideal platform to grab post-pandemic business opportunities in the region! To secure the best locations for 2022, many exhibitors have reserved their exhibit space soon after the show. Attending almost every edition, TCN booked another 360 sq.m for next year, following YoPoint, which booked 450 sq.m space, probably the biggest booth next year. Taking advantage of a combined resources of up to 400 media partners, immense worldwide exposure will be generated for our exhibitors!
- Vending Machines & Self-service Kiosks
- Micro Market/Unmanned Stores
- Payment Solutions
- Office Coffee Services
- Vending Items
- Vending Machine Parts & Accessories
- Logistics & Cold Chain for Perishable Vending Items
- Vending Machines Management & Operation; etc.
Concurrent Trade Shows Providing More Related Product Choices
- 2022 Guangzhou Int’ l Commercial Smart Equipment Expo (Smart Expo China)
- The 5th Guangzhou Int’l Smart Retail Expo (SRE 2022)
- 2022 China (Guangzhou) Int’l Commercial Payment System & Device Expo (CCP)
- 2022 Asia-Pacific Perishable Logistics and Cold-chain Exhibition (PLCE)
- 2022 Asia Smart Retail Display & Equipment Expo (SRDE)
Welcome to follow us on our website www.chinavmf.com for more update!
Guangdong Grandeur International Exhibition Group
Overseas Committee of VMF 2022
Contact: Candice Li
Mobile/What’s app:+86 15913593827