VMF 2019 Will Open Major Inroads to Chinese MarketsPublished July 26, 2018 by Lee R
Key economic techniques for integration of a vast array of sectors can be found at China VMF 2019 for those seeking market entry.
The chance to explore the Chinese vending market could lead to new opportunities and perspective for members of all types of industries.
The fact is the number of vending machines in China is growing. Predictions have that singular form of payment exchange will increase by an average of around 80,000 each year in the following years all the way up to 1,400,000 by 2020,implying that the vending machine market is playing an increasingly prominent role in the famously high liquidity Chinese economy.
Promising Local Development
Asian online vending giant Alibaba has already invested heavily in the vending machine industry while at the same time purchasing a large number of offline supermarkets.
Meanwhile, SF Express which will set in motion the operation of a large amount of unmanned convenience shelves across China. Unmanned markets will benefit the vending industry in China by automating much of the retail industry on land.
Door for iGaming?
The rise of automation in the land-based sector in China could further pave the way for gambling terminals through vending machines, even while mainland China prohibits land-based casinos and play.
China VMF 2019 beckons to the many international brands interested in expanding into the Chinese market by hosting 350+ exhibitors and countless speakers as an effective and empowering business trade platform for the most outstanding international ventures to tap into China.
VMF 2019 takes place February 26th-28th, 2019 at the China Import & Export Fair Complex, Guangzhou.
Who knows? There very well might be room for gaming operators or technology in the near future as well, with vending providing the magic door to the mainland. Getting a place early ensures you will have the inside track.