Market Forecast By Countries (South Africa, Nigeria, Kenya, Rest Of Africa), By Applications (Commercial Places, Offices, Public Places, Others), By Payment Mode (Cash, Cashless) And Competitive Landscape
According to 6Wresearch, Africa Vending Machines Market size is anticipated to register growth during 2021-27F. The growing retail sector, increasing tourism activities, rising number of the working population, changing lifestyle of consumers as well as increasing spending on food and beverages are some of the key growth drivers of the vending machine market in South Africa. However, the growth of the vending machine in South Africa is likely to witness a slow down during the first half of 2020-2021 due to the outbreak of the Covid-19 pandemic. The market is expected to recover at the beginning of the year 2021 in South Africa and it may even take the next few years to get back to the normal business conditions in the country.
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