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China VMF 2020 continues to be a gateway to the vending industry in China and the region

China VMF 2020 continues to be a gateway to the vending industry in China and the region

Beginning of march, China VMF will be taking place for the 8th times already. VMF has become one of the most popular and largest exhibition in the self-service vending industry. With 86% exhibitors from 2019 looking forward to 2020, it is expected that VMF 2020 will congregate around 700 exhibitors on a show floor of 50000 sqm. The show will focus on : vending machines, self-service machines, micro market/unmanned stores, payment solutions, office coffee services, vending items, ...

Why is the event important in the region? Well the industry keeps getting bigger. In recent years, China’s vending machines have grown at 30% CAGR. It is predicted that by 2020, there will be 138 million vending machines in China, yearly selling up to 100 Billion Yuan of fast-moving consumer goods according to a report by Forward. Meanwhile, China has become the biggest vending machine manufacturer and exporter in the world, with Guangdong contributing most of the export volume. So it’s not a surprise if events such as CHINA VMF continue to attract attention and are catalysts to business developments in the region. 

 

 

Vending Machines and Self-service Facilities Fair ( VMF 2020), from the 4th till the 6th of March 2020, China Import and Export Fair Complex, Guangzhou, China, http://www.chinavmf.com/index.php?lang=en

 

Contact: Candice Li, +8620-29806570, gbe@grandeurhk.com

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