Coffee vending machines have appeared in the stations and airports in Beijing, Shanghai, Guangzhou and Shenzhen more than ten years ago. However, due to the limitation of payment methods, vending machines basically rely on cash payment for settlement, and the steps to queue up for change are indeed More cumbersome, the shopping experience is better than going to a convenience store to buy goods. In addition, because people did not understand and distrust coffee vending machines at that time, the coffee vending machines fell on the market at that time.
In recent years, with Papa Ma’s high expectations for unmanned retail at the "Ali Yunqi Conference", many investors have turned their attention to the new blue ocean of coffee vending machines.
In 2016, the overall market size of vending machines reached 7.5 billion.
In 2017, the overall market size of vending machines reached 12 billion.
In 2018, the overall market size of vending machines reached 19 billion.