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The vending machine industry is experiencing robust growth, driven by technological advancements, changing consumer lifestyles, and the increasing demand for convenience. As of 2023, the global vending machine market is valued at approximately $20.5 billion and is projected to reach $30.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.4% as per ExpertMarketResearch and IMARC.