From
November 29th, 2024
To
December 1st, 2024
2nd Malaysia Vending Machines & New Retail Industry Expo 2024
Event Information
【Organizer】Guangdong Chamber of Commerce of Importers & Exporters
【Co-Organizer】Guangdong Huachuang Digital Intelligence Exhibition Co.,Ltd
【Guidance Units】THE ASSOCIATED CHINESE CHAMBERS OF COMMERCE AND INDUSTRY OF MALAYSIA
FEDERATION OF SUNDRY GOODS MERCHANTS ASSOCIATIONS OF MALAYSIA(FSGMAM)
ASEAN Retail-Chains & Franchise Federation (ARFF)
Malaysia Retailers Association (MRA)
Malaysia Retail Chain Association (MRCA)
Automatic Vending Association Malaysia (AVAM)
Persatuan Usahawan Maju Malaysia (PUMM)
【Date】:November 29th - December 1st,2024
【Venue】:MITEC,Kuala Lumpur ,Malaysia
Why Southeast Asia
The Fast-Growing Market
The vending machine market in Southeast Asia is expected to witness significant growth in the coming years due to rapid urbanization in the region and the development of retail channels such as supermarkets, hypermarkets, shopping malls, and convenience stores. The Change of consumers’ lifestyle and the growing working population have led to the growth of ready-to-eat food and beverages in Southeast Asia.
According to the analysis of local industry associations, as of the end of 2023, Vietnam has 10000 vending machines, Indonesia has 30000, and Malaysia has 50000 vending machines
Broad Space for Market Development
In Asia, what is driving the use of smart vending machines is the high penetration of mobile payments. Data from US financial services giant Fidelity National Information Services (FIS) shows that 44% of payments in the stores in the Asia-Pacific region are mobile payments!
The rapid economic development, coupled with the growth of retail and tourism in major countries such as Vietnam, Indonesia, Malaysia, Thailand, and Singapore, will also stimulate the demand for the vending machines in Southeast Asia in the next few years.
Why Southeast Asia
According to the latest data released by the World Bank, the total GDP of the 10 ASEAN countries in Southeast Asia reached 3.4 trillion US dollars in 2021, and the total population of those countries in 2021 was about 657 million, with a huge number of users.
Malaysia: As Southeast Asia's third-largest economy, it has a young population and is keen on shopping online through major social media. According to Bain analysis data, the Malaysian market size reached US$14 billion in 2021, a year-on-year increase of 68%.
Thailand: Thailand has the highest Internet penetration rate in Southeast Asia other than Singapore, and it is developing rapidly. According to Bain analysis data, the market size of Thailand reached US$21 billion in 2021, a year-on-year increase of over 68%.
Vietnam: Although the local GDP per capita in Vietnam is low, consumers have a strong preference for electronic products in China. In 2021, the sales of local 3C home appliances grew rapidly, and the mobile e-commerce foundation was good. With a year-on-year increase of 53% in 2021, 3C home appliances have greater room for development.
Indonesia: Indonesia is the fourth most populous country in the world, with about 100 million people using the Internet, accounting for 38% of the total population, and 60% of these people live in large cities such as Jakarta and Bandung;
Indonesia's economic growth is also very optimistic, and the income group of Indonesia's middle class is
expanding, which is expected to exceed 45 million people.
About the vending machine industry in Malaysia
In Malaysia, using vending machines for transactions is a way for low-income people to avoid handouts.
On June 14, 2023, Rafiqi from Malaysia said that his department expected to purchase 5,000 vending machines by August. On November 15, 2023, the procurement process was completed. According to local gossip in Malaysia, the Malaysian government may purchase thousands of automatic medicine vending machines next year. As part of the People's Income Initiative, low-income families in Malaysia can sell food and drinks at vending machines in high-traffic areas. The government pays the monthly rent for these machines.
Malaysia is a country that fully accepts self-service vending machines, with government support and high market acceptance.
(Clothes, mobile phones, 3C electronics, food and beverages, prepared dishes, daily necessities, medicine, etc.) Basically every university in Malaysia has vending machines
Malaysia is a country
that advocates freelancing
where Chinese account for 1/3 of the total population
With prosperous international tourism
with poor infrastructure and transportation, and people travel by renting cars and self-driving
suitable for creating vending machine scene applications and radially affects Southeast Asia, especially Singapore and Thailand.
The development of the retail industry has greatly increased the demand for vending machines. According to “An In-depth Research and Analysis Report on Malaysia’s Vending Machine Market 2021-2025" released by the Newsijie Industry Research Center, profit margins of traditional retail stores in Malaysia have been repeatedly compressed due to increasing store rents and employees’ wages. Besides, it’s difficult for new unmanned retail stores to sustain development due to low consumption frequency and high costs. In comparison, vending machines have a smaller footprint, lower initial investment, lower operating costs. , wider distribution range and higher density. The machine itself can also be rented as an advertising space. It is expected that in the future, vending machines will form a huge industrial chain and will be the third major reform of the retail industry after department stores and supermarkets. It is one of development trends of the retail industry in the future.
Mainstream mobile payment platforms in Malaysia
In Malaysia, mobile payment has developed rapidly, and the popularity of the network has reached 70%, which has provided a foundation for the development of online payment. More and more stores are beginning to support credit card, Grab Pay, Go Pay, Alipay and WeChat payment. Mobile payment for mobile phones includes: Touch 'n Go eWallet, Grab Pay, WeChat Pay, MOL Global, Boost Pay, Maybank Pay, Fave Pay, BigPay and so on.Who is suitable to participate in this exhibition (exhibitors)?
Ⅰ、Self-service vending equipment exhibition area
Food and beverage vending machines, intelligent vending cabinets, AI retail cabinets, self-service catering machines, vending machines, juice vending machines, fresh food vending machines, self-service ice cream machines, self-service coffee machines, vending machines, hotel vending machines, water vending machines, automatic ticket vending machines, self-service lottery machines, comprehensive vending machines, unmanned supermarkets, gacha machines, blind box machines, lucky bag machines, doll machines, gift machines, candy machines, lottery machines, self-service printers, self-service jukeboxes, self-massage chairs, etc
Ⅱ、Smart retail terminals and information technology exhibition area
Intelligent cash register all-in-one machine, face payment cash register, self-service cash register, cash register, POS all-in-one machine, self-ordering machine, smart cash register system, ordering system, automatic identification of products, scanning gun, barcode printer and consumables, electronic shelf label, electronic price tag, interactive terminal, touch all-in-one machine, transparent screen, intelligent display, LCD splicing, advertising machine, etc.; Smart store solutions, smart retail solutions, customer flow statistical analysis systems, big data analysis systems, cloud storage, big data cloud management platform systems, digital marketing, POS, ERP systems, omni-channel solutions, etc
Ⅲ、Retail display props and packaging exhibition area
Intelligent shelves, containers, display cabinets, commodity display equipment, display props, signage, smart cash register, smart shopping basket, commodity anti-theft system (EAS), entrance and exit anti-theft equipment, camera monitoring anti-theft equipment, space design, lighting, packaging materials and equipment, etc
Ⅳ、Daily necessities, FMCG
Bottled/canned beverages, mineral water and distilled water, small packages of convenience food, rechargeable products, kitchen supplies, restaurant supplies, household products, digital electronics, clothing, shoes and hats, maternity and baby products, personal care products, etc
Guangdong Huachuang Digital Intelligence Exhibition Co.,Ltd