Get ready for the large vending machine exhibition at Vending ASEAN Expo 2019!

Information Technology Press Releases Friday July 5, 2019 10:44
Bangkok--5 Jul--IMPACT EXHIBITION MANAGEMENT

Bangkok, Thailand 3 July 2019 - Thai retail industry is driving the rapid development of the retail industry and shopping malls will increase to 2,000 locations by 2020. ASEAN (Bangkok) Vending Machine & Self-Service Facility Expo 2019 (Vending ASEAN) is organized by Asia Pacific Vending Association, Guangdong Grandeur Int'l Exhibition Group, and Compass Exhibition will take place on 19 to 21 September 2019 at Hall 7 IMPACT Exhibition Center, Bangkok, Thailand. This expo will gather over 200 companies and 10,000 trade professionals involved in retail business and will showcase the lasted technology and service to meet the needs of customers in the digital era.

Mr. Jacob Kong, The regional director of Guangdong Grandeur International Exhibition Group Co. Ltd. said "Thailand is one of the fastest growing retail industries in Southeast Asia. The booming of tourism industry is driving the rapid development of the retail industry. As the type of shopping malls gradually become diversified, small and medium-sized community shopping centers and shopping malls for leisure and fashion spring up quickly in Thailand's retail industry, with an increase of 2,000 locations by 2020. From the expansion of the retail market, department stores, shopping centers, or retail business with all retail groups extending the need for a vending machine or automatic facilities.

In addition to responding to the expanding Thai retail market, we also aims to promote the retail industry in ASEAN to grow together by inviting buyers from Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Vietnam, Thailand to attend the expo and business discussion with more than 200 vending companies and brands from 20 countries in Vend ASEAN 2019 such as CP retailink, Top Vending, FMT, ICT, FUJI ELECTRIC, Jetinno, Easy Touch, SUN108, Vango, LPMB, Joyi, HSPOS, Yunyin, SNBC, and LE Vending. Vending ASEAN Expo 2019 will focus on the industry's three key sectors: 48% of Vending Machine, 20% of Self-service Facilities and 18% of Self-service coffee."

Mr. Sombat Panupattana, Vice President of SUN 108 added "From the initial report of the AliPay in 2017 has started to bring coin-operated vending machines to community areas in Bangkok, Nonthaburi and Pattaya according to tourist spots. Vending machine has become Chinese tourists' favorite choice for the convenient and fast 24 hours service and pay via mobile scanning.

KASIKORN BANK and AliPay have announced their collaboration by cash scanned payments via internet and expected to increase up to 500 machines in the next 3 years. The vending's trend has played a role in facilitating for customers in the digital era that needs quick trading and online payments as resulting in the adjustment of the retail industry. SUN 108 imports coin vending machines and expects to be able to create a market value up to 980 million baht.

Mr. Sirasant Hovijit, Executive board, LPMB (Worldwide Vending) opened "Currently, Asian countries focusing on a better quality of life. The development of facilities to meet the needs and lifestyles that need to be fast and convenient is very necessary. Entrepreneurs must adjust the strategy for customers to access the product conveniently, quickly or easily for daily use. Bringing the vending machine to service can be a good solution. As the vending machine is very popular in an important travel countries such as Japan, Korea, Taiwan, and also Thailand."

From great success in organizing the Vend ASEAN 2018 in the past year, organizer confident that this year 2019 will still have a good results. Currently more than 200 vending companies and brands responded to exhibiting products and services and 10,000 trade professionals are expected to attend this three-day event.

For more information or pre-register, please visit the website www.vendasean.com

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