US demand for vending machines will grow 5.9 percent yearly through 2006. Gains will be driven by the rising number of vending locations, the proliferation of innovations such as cashless machines, and the retrofitting of bill acceptors in existing machines. Placements in offices, retail establishments and health facilities will grow the fastest.

This study analyzes the $1.2 billion US vending machine industry. It presents historical data for 1992, 1996 and 2001, and forecasts to 2006 and 2011 by product (e.g., beverage vending, food vending, change machines, bulk vending, cigarette machines); by market (e.g., buyers, vending locations); and by US region.

The study also examines the market environment, details industry structure and market share, and profiles 32 companies including Maytag, Sanden, Coin Acceptors, Wittern, and Automatic Products.

                           TABLE OF CONTENTS
                                    
  
  SECTION                                                          PAGE
  
         INTRODUCTION                                                ix
  
   I.    EXECUTIVE SUMMARY                                            1
  
  II.    MARKET ENVIRONMENT                                           4
         General                                                      4
         Macroeconomic Environment                                    4
         Personal Income & Expenditure Trends                         7
         Demographic Trends                                           9
         Nonresidential Building Construction Trends                 11
           Office & Commercial Construction                          12
           Institutional Construction                                13
           Industrial Construction                                   14
         Retail Sales Trends                                         14
         Food & Beverage Outlook                                     17
           Food                                                      18
           Beverages                                                 21
         Pricing Trends                                              23
         Historical Trends                                           25
         US Foreign Trade                                            27
           Exports                                                   28
           Imports                                                   30
           
 III.    TECHNOLOGY                                                  32
         General                                                     32
         Cashless Vending                                            33
         Remote Monitoring                                           34
         Packaging                                                   36
         
  IV.    VENDED PRODUCTS OVERVIEW                                    37
         General                                                     37
         Food & Beverage                                             39
           Beverages                                                 40
              Cold Drinks                                            42
              Hot Drinks                                             44
              Other                                                  45
           Food                                                      46
              Snacks                                                 47
              Sandwiches					     48
              Ice Cream                                              48
              Other                                                  48
         Nonconsumables                                              49
           Cigarettes                                                50
           Newspapers                                                51
           Other                                                     51
           
   V.    PRODUCTS                                                    53
         General                                                     53
         Beverage Vending Machines                                   56
           Cold Beverages                                            57
           Hot Beverages                                             60
         Food Vending Machines                                       61
           Nonrefrigerated                                           62
           Refrigerated                                              64
         Change Machines                                             65
         Bulk Vending                                                67
         Cigarette Machines                                          69
         Other                                                       70
         Parts                                                       72
         
  VI.    MARKETS                                                     74
         General                                                     74
         Buyers                                                      74
           Vending Companies                                         76
           Product Producers                                         78
           Other                                                     80
         Locations of Machines                                       81
           Industrial Facilities                                     83
           Offices                                                   84
           Retail                                                    86
           Educational                                               87
           Health Care                                               89
           Hospitality                                               91
           Other                                                     93
                
  VII.   REGIONAL DEMAND                                             95
         General                                                     95
         Regional Demographic & Economic Trends                      95
           Population Patterns                                       96
           Economic Outlook                                          99
           Construction Activity                                    100
         Regional Demand for Vending Machines                       102
           Northeast                                                104
              New England                                           105
              Middle Atlantic                                       106
           Midwest                                                  107
              East North Central                                    108
              West North Central                                    110
           South                                                    110
              South Atlantic                                        112
              East South Central                                    113
              West South Central                                    114
           West                                                     115
              Mountain                                              117
              Pacific                                               117
              
 VIII.   INDUSTRY STRUCTURE                                         119
         General                                                    119
         Industry Composition                                       120
         Market Share                                               121
         Product Development & Manufacturing                        123
         Financial Issues                                           125
         Marketing & Distribution                                   126
         Mergers & Acquisitions                                     127
         Joint Ventures & Cooperative Agreements                    129
         Company Profiles                                           133
           A&A Global Industries Incorporated                       134
           American Changer Corporation                             135
           American Coin Merchandising Incorporated                 136
           American Vending Distributors Incorporated               137
           ARAMARK Corporation                                      138
           Ashland Corporation                                      140
           Automated Merchandising Systems Incorporated		    142
           Automatic Products International Limited                 143
           Cafection Enterprises Incorporated                       144
           Coin Acceptors Incorporated                              146
           CompuVend Incorporated, see ARAMARK
           Crane Company                                            149
           Danaher Corporation                                      152
           Deutsche Wurlitzer GmbH                                  154
           Diebold Incorporated                                     155
           Dixie-Narco Incorporated, see Maytag
           FASTCORP, see Food Automation Systems Technology
           Fawn Vendors Incorporated, see Wittern Group
           Fine Host Corporation, see ARAMARK
           Folz Vending Company Incorporated                        156
           Food Automation Systems Technology Corporation           158
           FRD Systems Incorporated, see Savamco
           Gilbarco Incorporated, see Danaher
           Glasco, Polyvend and Lektrovend, see Crane
           Happ Controls Incorporated                               159
           Interlott Technologies Incorporated                      160
           K-JACK Engineering Company Incorporated                  161
           Marconi Commerce Systems, see Danaher
           Marconi plc                                              163
           Mars Incorporated                                        164
           Maytag Corporation                                       165
           Money Controls Limited, see Coin Acceptors
           National Vending LLC                                     167
           National Vendors, see Crane Company                         
           PepsiAmericas Incorporated                               168
           Rowe International                                       169
           Royal Vendors Incorporated, see Coin Acceptors
           Sanden Corporation                                       170
           Savamco Manufacturing Incorporated                       171
           Seaga Manufacturing Incorporated                         172
           Slim Line Designs Limited                                174
           SmartMove New Zealand, see Coin Acceptors
           Standard Change-Makers Incorporated                      175
           Stitch Networks, see USA Technologies
           Streamware Corporation, see Crane
           U-Select-It International, see Wittern Group
           USA Technologies Incorporated                            176
           Vending.com, see National Vending
           Vendo Company, see Sanden
           Wittern Group Incorporated                               178
  
   

                           LIST OF TABLES
                                   
    TABLE NUMBER      				                   PAGE
  
         SECTION I
  
         Summary Table                                                3
  
         SECTION II
  
    1    Macroeconomic Indicators                                     7
    2    Personal Income & Expenditure Trends                         9
    3    Demographic Trends                                          10
    4    Nonresidential Building Construction Expenditures           12
    5    Retail Sales                                                17
    6    Food & Beverage Shipments                                   18
    7    Food Shipments                                              20
    8    Beverage Shipments                                          23
    9    Vending Machine Pricing Trends                              24
   10    Vending Machines Market Trends, 1992-2001                   26
   11    US Foreign Trade in Vending Machines                        28
  
         SECTION IV
  
    1    Vending Industry Overview                                   38
    2    Vended Food & Beverage Demand                               40
    3    Beverage Vending Demand                                     42
    4    Food Vending Demand                                         47
    5    Nonconsumables Vending Demand                               50
  
         SECTION V
  
    1    Vending Machines Demand by Product                          55
    2    Beverage Vending Machine Supply & Demand                    57
    3    Cold Beverage Vending Machines Supply & Demand              59
    4    Hot Beverage Vending Machine Supply & Demand                61
    5    Food Vending Machines Supply & Demand                       62
    6    Nonrefrigerated Food Vending Machines Supply & Demand       63
    7    Refrigerated Food Vending Machines Supply & Demand          65
    8    Change Vending Machines Supply & Demand                     67
    9    Bulk Vending Machines Supply & Demand                       68
   10    Cigarette Vending Machines Supply & Demand                  70
   11    Other Vending Machines Supply & Demand			     72
   12    Vending Equipment Parts Supply & Demand                     73
  
         SECTION VI
  
    1    Vending Machines Demand by Buyer                            75
    2    Vending Companies Vending Machines Demand                   78
    3    Product Producers Vending Machine Demand                    80
    4    Other Buyers Vending Machines Demand                        81
    5    Vending Machines Demand by Location                         82
    6    Industrial Facilities Vending Machine Demand                84
    7    Office Demand for Vending Machines                          86
    8    Retail Locations Demand for Vending Machines                87
    9    Educational Institutions Demand for Vending Machines        89
   10    Health Care Vending Machines Demand                         91
   11    Hospitality Demand for Vending Machines                     92
   12    Other Locations Vending Machine Demand                      94
  
         SECTION VII
  
    1    Resident Population by Region                               98
    2    Regional Gross Domestic Product                            100
    3    Regional Construction Expenditures                         102
    4    Vending Machines Demand by Region                          103
    5    Northeast Vending Machines Demand                          105
    6    Midwest Vending Machines Demand                            108
    7    South Vending Machines Demand                              112
    8    West Vending Machines Demand                               116
  
         SECTION VIII
  
    1    Selected Acquisitions & Divestitures                       129
    2    Selected Cooperative Agreements                            131
         
   
				LIST OF CHARTS
  
    CHART NUMBER    				                   PAGE
  
         SECTION II
  
    1    Vending Machine Pricing Trends, 1992-2011                   25
    2    Vending Machine Market Trends, 1993-2001                    27
    3    US Vending Machine Exports by Region, 2001                  30
    4    US Vending Machines Imports by Source, 2001                 31
  
         SECTION IV
  
    1    Goods Purchased From US Vending Machines, 2001              39
     
         SECTION V
  
    1    Vending Machine Demand by Product, 2001                     56
  
         SECTION VI
         
    1    Vending Machine Demand by Buyer, 2001                       76
    2    Vending Machines Demand by Location, 2001                   83
  
         SECTION VII
  
    1    Vending Machines Demand by Region, 2001                    104
  
         SECTION VIII
  
    1    US Vending Machines Market Share by Company, 2001          123