Monday, May 27, 2024

Fresh look and expanded data for new EVA Market Report


BRUSSELS, Belgium – The European Vending & Coffee Service Association (EVA) has published the latest edition of its annual report, which provides a detailed analysis of 24 vending and Office Coffee Service (OCS) markets as well as a new contemporary and easier to understand layout.

The much anticipated EVA market report, covering data up to the end of 2022, offers reliable and unique statistics into the development of the market, and can help equip companies with the evidence and knowledge to tailor important investment decisions.

Across Europe, the new report clearly demonstrates that the pandemic recovery that commenced in 2021 continues, with machine fieldbase, vends and revenue all showing positive growth compared to last year. All positive indicators for our sector. Indeed the post-Covid growth rates show that an increase in consumption coupled with significant price rises help mitigate the effects in inflation and hybrid working.

To be fully read in context we need to look back to pre-pandemic levels and in this case it appears more complex. Compared to 2019 levels, while machine numbers are slightly higher, vends and revenue are both significantly lower. Vends are more than 20% down which could demonstrate a more permanent reduction due to a seemingly settled partial working from home rhythm.

Erwin Wetzel, EVA Director General, commented, “What really strikes me in the new report is that for the first time OCS now makes up more than a third of the total industry in terms of machines.

Looking more widely, the report statistics show a bit of a mixed bag. All the key indicators look good if we compare to the previous year, but it’s clear that the industry is still quite far from 2019 levels. The question we need to explore going forward is how operators can compensate for the seemingly permanent loss of vends from hybrid working.”

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This year, the report also provides for the first time some insights into smart fridge and water dispensers, categories that the EVA plans to explore in greater depth in the coming editions.

The new EVA market report was presented for the first time at EVEX 2023 in Bucharest and as always is free to access for its members. For non-members, the report is available for purchase by contacting  vending@vending-europe.eu



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