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Japan loses its thirst for vending machines
| USA | economy | βœ“ Verified - ft.com

Japan loses its thirst for vending machines

#Japan #vending machines #decline #consumer habits #digital payments #COVID-19 #cashless

πŸ“Œ Key Takeaways

  • Japan's vending machine market is declining after decades of growth.
  • Changing consumer habits and digital payment preferences are reducing demand.
  • The COVID-19 pandemic accelerated the shift away from cash-based purchases.
  • Operators are exploring new technologies and products to adapt.
Drinks companies cut networks as rising costs and driver shortages undermine business model

🏷️ Themes

Consumer Trends, Technology Shift

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Source

ft.com

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