Sorting Cash Machine Market Report 2026

The sorting cash machine market size has grown strongly in recent years. It will grow from $1.72 billion in 2025 to $1.81 billion in 2026 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to high cash circulation in emerging economies, need to reduce manual cash handling errors, growth of banking branch networks, increasing retail cash transactions, rising demand for operational efficiency in cash management.

The sorting cash machine market size is expected to see strong growth in the next few years. It will grow to $2.24 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to integration of advanced counterfeit detection technologies, growing automation of back office banking operations, expansion of organized retail chains, rising focus on cost reduction in cash processing, continued reliance on cash in developing regions. Major trends in the forecast period include rising adoption of mixed denomination note sorters, growing demand for high speed cash processing, increasing focus on cash handling accuracy, expansion of cash automation in retail environments, higher preference for compact and modular machines.

An increasing number of grocery stores and supermarkets is anticipated to drive the growth of the sorting cash machine market in the coming years. Supermarkets and grocery stores are large retail outlets that sell a wide range of food products and household essentials. These stores handle both small and large volumes of cash, creating a need for sorting cash machines to count banknotes, ensure accuracy, and bundle them efficiently. For instance, in November 2025, according to Census.gov, a US-based government agency, advance estimates of U.S. retail and food services sales for September 2025 reached $733.3 billion, representing a 0.2 percent (±0.4 percent) increase from the previous month and a 4.3 percent (±0.5 percent) rise compared to September 2024. Therefore, the growing number of grocery stores and supermarkets is contributing to the expansion of the sorting cash machine market going forward.

Major companies operating in the sorting cash machine market are concentrating on technological innovations such as high-speed, automated cash processing systems to improve operational efficiency, precision, and overall productivity in banking and retail environments. High-speed, automated cash processing systems are devices designed to rapidly and accurately count, authenticate, and sort large volumes of cash with minimal human involvement. For example, in December 2024, Giesecke+Devrient (G+D), a Germany-based secure technology provider, introduced the BPS C evo, a next-generation cash recycling and sorting system. This solution aims to streamline cash handling by automating deposit, validation, and sorting functions while increasing throughput and reducing manual effort. Through the use of advanced sensors and intelligent software, the BPS C evo improves accuracy, lowers downtime, and supports seamless integration with financial institutions’ cash management workflows.

In July 2023, BNP Paribas, a France-based asset management and investment advisory firm, completed the acquisition of Kantox for an undisclosed amount. This strategic move is expected to make Kantox's technology more widely available to corporate customers globally. Kantox, a UK-based currency management automation company, provides technology that enables organizations to automate currency risk management, develop effective hedging strategies, and reduce costs.

Major companies operating in the sorting cash machine market are Bcash Electronics Co., Cummins Allison, Giesecke+Devrient GmbH, Glory Global Solutions (International) Limited, GRGBanking, Julong Europe GmbH, Laurel Bank Machines Co. Ltd., Xinda Electronic Equipment Ltd., Guao Electronic, Cassida Corporation, Accubanker, Billcon Corporation, CIMA Cash Handling America Inc., Magner Corporation, Ribao Technology, Semacon Business Machines Inc., Suzhou RIBAO Technology Co. Ltd., Talaris, Volumatic, Zhejiang Chuan Wei Intelligent Technology Co. Ltd., De La Rue plc, Toshiba Infrastructure Systems and Solutions Corporation, Innovative Technology Ltd., Tellermate, Tidel Engineering LP.

Asia-Pacific was the largest region in the sorting cash machine market in 2025. The regions covered in the sorting cash machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sorting cash machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The sorting cash machine market consists of sales of paper shredders,counting machines. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.