Vending machine industry sees resurgence thanks to pandemic

While Covid-19 resulted in Thailand’s overall economy suffering, a few select industries actually saw some impressive growth. The vending machine business is booming, and with demand rising companies like Sun Vending Technology Plc (SVT) are experiencing renewed popularity. The company reported massive growth this year and is making plans to expand.

Senior vice president of SVT Pitsnu Chokwatana explained that the vending machine model had a resurgence during the pandemic. With social distancing in mind, he explains, people sought out ways to buy products without having to interact directly with other people and risk infection. SVT reported 11% year-on-year growth in the first 9 months of 2021, for a total of 1.45 billion baht in sales.

“After the bubble and seal measures were applied at factories to contain the spread of Covid-19, our business significantly improved. There is…