Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Vending in Japan

Japan vending market: -3% decline witnessed during 2012


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-02-18 11:31:01 - Vending in Japan - a new market research report on companiesandmarkets.com

After the Tohoku earthquake and unstable energy supplies in Japan, energy-efficient operation of vending machines became one of the key focuses among retailers. Leading player with a value share of 20% in 2012, Coca-Cola (Japan) Co Ltd, reduced electricity consumption of its vending machines by 15% in 2012. Coca-Cola temporarily stopped cooling of beverages from 13.00-16.00hrs every day to save electricity. Additionally, Coca-Cola (Japan) Co Ltd installed LED lights in all newly manufactured vending machines in 2012 to pursue further reduction in electricity use.

Value sales of vending in Japan declined by 3% in 2012. Although the number of vending machines in Japan has been continuously declining over the review period, Japan is still ranked the number one country in the

 

 

world with the highest number of vending machines. Japan´s vending sales in 2012 were more than eight times those of the US and 14 times more than those of Germany. In Japan, consumers purchase various products through vending machines as the wide variety of options is very convenient for a highly mobile and dense population. Over 46% of total value sales is generated from sales of packaged drinks followed by tobacco products, which accounted for 25% of total vending sales in 2012.

Value sales of vending are expected to post a negative CAGR of 1% over the forecast period. Although vending provides convenient access for consumers with its vast distribution network of five million machines across Japan, the number of vending machines declined by over 2% in 2011, according to Japan Vending Machine Manufacturers Association. After the Tohoku earthquake, 24-hour operation of vending was often viewed as energy inefficient and many retailers turned off lights in their vending machines. As a result, the presence of vending machines became less noticeable to consumers and sales of vending were negatively impacted. Although more than two years have passed since the natural disaster, vending is losing its appeal and retailers will be required to promote new aspects of vending machines to keep consumers´ attention.

Click for report details: www.companiesandmarkets.com/Market/Retail/Market-Research/Vendin ..

Browse all Retail Market Research Reports www.companiesandmarkets.com/Market/Retail/Market-Research?aCode= ..

Browse all Retail Company Profile Reports www.companiesandmarkets.com/Market/Retail/Company-Profile?aCode= ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com