Market Trends of Investment Opportunities for Kiosk Industry in China
This section covers the major market trends shaping the China Kiosk Market according to our research experts:
Vending Kiosks in Food Sector to Grow Significantly
- The increase in the number of vending machines in China poses an opportunity for the growth in the demand for vending kiosks, with additional display features. Owing to the flexibility and space constraints, vending kiosks provide competition to the existing small- and medium-scale convenience stores and stands that sell food and beverages.
- Food and drinks contribute to the major share of the vending machine kiosks. The increase in product offerings in vending machines is providing a crucial growth for the intelligent vending machine market. Large beverage manufacturers, like Coca-Cola and PepsiCo, use their smart vending machines to sell their exclusive product lines.
- Owing to a growing number of newly installed units in the food sector accepting payment by smartphones, vending machines are becoming ever more accessible to people in China in the form of mobile payments. Additionally, vending kiosk services are helpful in tracking food and beverage inventory, global consumption, nutrition labeling, unit production, gross margins, etc, which are helpful in managing the food and beverages stocks.
- Bubble tea, also called Boba, is forming an important part of China’s new tea drinking culture and continues to boost the performance of street stalls in China.
Understand The Key Trends Shaping This Market
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Information Kiosks in Tourism to Drive the Market Growth
- As inbound tourism is increasing in China, information kiosks are highly used in the tourism sector as there is a deal with direct customer contact. These kiosks can be useful in several ways, from providing information on exhibits in museums and galleries to being able to give directions for use in shopping centers, checking in and out at hotels, and giving real-time updates.
- As information kiosks are internet-enabled, they display data from an attraction website or database, thus, eliminating the need for leaflets. This is a great tool for people having a language problem in China and people living with disabilities, as delivering information to hearing and visually impaired persons by producing sounds and displaying pictures are useful to users with language translations, especially for the United States' tourists.
- Information kiosks are great ways of advertising local businesses. When a person connects tourist to local businesses and shops, this self-service solution will encourage them to explore the area, which, in turn, is likely to increase revenue for business owners.
- Infrared Touch Screen Wall Mounted Kiosk, made by Guangzhou company in China, is a dust-proof and rugged steel frame kiosk capable of running long hours. The kiosk helps tourists in finding information regarding their destination with directions to particular locations.
