Vending machine industry sees resurgence because of pandemic

While Covid-19 resulted in Thailand’s general economy struggling, a quantity of choose industries truly noticed some impressive progress. The vending machine enterprise is booming, and with demand rising firms like Sun Vending Technology Plc (SVT) are experiencing renewed reputation. The company reported massive growth this year and is making plans to broaden.
Senior vice chairman of SVT Pitsnu Chokwatana defined that the vending machine mannequin had a resurgence during the pandemic. With social distancing in mind, he explains, people sought out ways to buy merchandise without having to interact directly with different individuals and risk infection. SVT reported 11% year-on-year growth in the first 9 months of 2021, for a complete of 1.45 billion baht in gross sales.
“After ติดตั้งโซล่าเซลล์บ้าน and seal measures have been utilized at factories to comprise the spread of Covid-19, our business considerably improved. There can be more demand for our merchandising machines in numerous places as a result of vending machines fit a new normal and contactless lifestyle.”

Pitsnu explained that pre-Covid, merchandising machines accounted for around 5-10% of e-payment transactions. Now that quantity is as a lot as 50% in some places. He went on to say that the corporate wants to increase its presence from 14,600 vending machines to twenty,000 by 2023. The majority of those machines might be put in factories and logistics centres. According to the Bangkok Post, SVT is planning to spend 640-680 million baht on this challenge. Much of this investment shall be to modernise and upgrade the corporate, and produce good vending machines. The company additionally reports that they’re opening two new branches next 12 months, with plans to increase further within the years to come..

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