Capsule Hotel Market Size, Share, Global Industry Analysis 2022-2027 – Queen Anne and Mangolia News
According to the latest report of the IMARC group, entitled “Capsule Hotel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on the outlook for the capsule hotel market. The report also includes competitor and regional analysis, as well as contemporary advancements in the global market. The global capsule hotel market reached a value of US$78.41 million in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$274.18 million from by 2027, with a CAGR of 12.20% in 2022-2027.
A capsule hotel, also known as a pod hotel, is compact accommodation that is usually arranged in rows or stacked and furnished with basic amenities. It is usually equipped with single or double beds, shared toilets, charging sockets, Wi-Fi, locker and alarm clock. It is more economical than conventional hotels and offers large baths, saunas, luxurious lounges, spacious common areas and theater rooms. As a result, capsule hotels have gained immense popularity among travelers due to their enhanced comfort, privacy, security and convenience.
|Base year: 2021|
|Forecast year: 2022-2027|
Capsule Hotel Market Trends and Drivers:
The global capsule hotel market is primarily driven by growing consumer demand for comfortable and cost-effective accommodation. Additionally, the growing popularity of capsule hotels among millennials and solo travelers for adventure, travel expeditions, and exploration of destination culture has increased the demand for the products.
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Additionally, several key players are integrating advanced technologies such as artificial intelligence (AI) to capsule hotels to monitor guest health and predict their food preferences.
Along with this, the growing use of smartphone apps to access personal capsules and smart capsules has catalyzed the growth of the market. Other factors including expanding travel and tourism industry, rising consumer disposable incomes, favorable government initiatives, and the emerging trend of solo tourism are also expected to further boost the market.
Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Analysis and segmentation of the global capsule hotel market 2022-2027:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
CubeHotelsGroup, De Bedstee Hotel, Hippo Pod, inBox Capsule Hotel, Mayu Tokyo Woman, Nadeshiko Hotel, Pangea Pod Hotel, Riccarton Capsule Hotel, St Christopher’s Inns, The Bed KLCC, The Capsule Hotel and Urban Pod Pvt Ltd.
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The report has segmented the market based on region, type of traveler, mode of booking, age group and application.
Breakdown by type of traveler:
Breakdown by booking method:
- Online booking
- Offline booking
Breakdown by age group:
- Generation X
- Generation Y
- Generation Z
Breakdown by application:
- office workers
Breakdown by region:
- North America: (United States, Canada)
- Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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