According to Cognitive Market Research, The Global Flower Vending Machine market size will grow at a compound annual growth rate (CAGR) of 5.90% from 2023 to 2030.
The rising popularity of self-service retail, the rising disposable income of people, and the rising demand for flowers as gifts and decorations are some major factors fueling the market's expansion.
Demand for cash payment category remains higher in the flower vending machine market.
The shopping mall and supermarket category held the highest share in the flower vending machine market in 2023.
North America will continue to lead, whereas the Asia Pacific market for flower vending machine will experience the strongest growth until 2030.
