EVA Publishes New Market Report on Vending and Office Coffee Service

EVA Publishes New Report
Image Source: European Vending & Coffee Service Association (EVA)

Brussels – September 26, 2024 – The new EVA market report, covering data up to the end of 2023, offers the latest insights into the European vending and Office Coffee Service (OCS) industry.

In good news for the industry, the report demonstrates that total product revenue across Europe is finally back above pre-pandemic levels from 2019, which is a testament to the hard work and resilience of vending machine operators and OCS companies. Significant price increases over the past few years have contributed to this revenue recovery and growth.

The latest edition of the overall European report includes new sector-based data for machines, allowing for a better understanding not only of the percentage of machines placed in workplace locations but also providing a breakdown for the healthcare, leisure, and travel sectors in the six largest markets.

The EVA would like to thank all the operators, suppliers, and industry experts who shared insights and data. Without their input, it would not be possible to produce these unique, highly sought-after, and reliable reports.

The new EVA market report will be presented for the first time during the EVA Annual General Assembly meeting at Le Forum-EVEX in Cannes on October 17th and, as always, will be free to access for members. For non-members, the report is available for purchase by contacting the EVA at vending@vending-europe.eu.

Some Select Findings:

  • The total number of machines across Europe continues to climb, now reaching 4.5 million.
  • The number of vends stands at 33.5 billion.
  • Total industry revenue is €22.67 billion.
  • Micro-markets now number over 10,000 in Europe, thanks to a 38% increase in one year.
  • Hot beverages continue to dominate, holding a 68% share of the machine base.
  • 21 of the 24 countries have grown their machine bases in the last year, mainly driven by investment in tabletop semi-automatic machines.

As the vending and OCS industry continues to adapt, the insights provided in this report highlight the significant growth opportunities available. With ongoing investments in technology and product offerings, vending operators can position themselves for sustained success in the European market.