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Capsule Hotel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

January 2023 | 145 pages | ID: C865E2C44E47EN
IMARC Group

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The global capsule hotel market size reached US$ 97.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 309.9 Million by 2028, exhibiting a growth rate (CAGR) of 10.2% during 2023-2028.

A capsule hotel, or pod hotel, refers to a compact accommodation facility equipped with basic amenities. These capsules are integrated within hotels and are arranged in rows and furnished with a locker facility, alarm clock, common washrooms, charging sockets and single or double beds. The bookings for capsule hotels are usually made through online and offline booking modes. The capsules are manufactured using metal, wood and rigid materials, such as plastic and fiberglass. Capsule hotels provide enhanced comfort, privacy, safety and convenience to the travelers. In comparison to business hotels, capsule hotels are more cost-efficient and offer spacious common areas, baths and theatre rooms.

Capsule Hotel Market Trends:
Significant growth in the travel and tourism industry across the globe is creating a positive outlook for the market. There is an increasing consumer preference for hygiene, comfort, cost-effective and budget-friendly accommodation while traveling, which is driving the market toward growth. Additionally, the widespread product adoption among millennials and solo travelers for adventure, travel expeditions and exploring the culture of destinations is favoring the market growth. Various technological advancements, such as the integration of smartphone applications to access personal capsules and smart pods, are providing a thrust to the market growth. These technologies also offer soundless alarm systems that gradually raise sleeping guests into seated positions while brightening the ambient lights. In line with this, the utilization of artificial intelligence (AI) in capsule hotels to monitor health and predict the food preferences of the guests is positively impacting the market growth. Other factors, including rising expenditure capacities of the consumers, along with the implementation of various government initiatives for promoting travel and tourism, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global capsule hotel market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on traveler type, booking mode, age group and application.

Breakup by Traveler Type:

Solo
Group

Breakup by Booking Mode:

Online Booking
Offline Booking

Breakup by Age Group:

Generation X
Generation Y
Generation Z

Breakup by Application:

Office Workers
Tourists
Others

Breakup 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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being CubeHotelsGroup, De Bedstee Capsules Hotel B.V., 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.

Key Questions Answered in This Report
1. What was the size of the global capsule hotel market in 2022?
2. What is the expected growth rate of the global capsule hotel market during 2023-2028?
3. What are the key factors driving the global capsule hotel market?
4. What has been the impact of COVID-19 on the global capsule hotel market?
5. What is the breakup of the global capsule hotel market based on the traveler type?
6. What is the breakup of the global capsule hotel market based on the booking mode?
7. What is the breakup of the global capsule hotel market based on the age group?
8. What are the key regions in the global capsule hotel market?
9. Who are the key players/companies in the global capsule hotel market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL CAPSULE HOTEL MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TRAVELER TYPE

6.1 Solo
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Group
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY BOOKING MODE

7.1 Online Booking
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Offline Booking
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY AGE GROUP

8.1 Generation X
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Generation Y
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Generation Z
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY APPLICATION

9.1 Office Workers
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Tourists
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Others
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 CubeHotelsGroup
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 De Bedstee Capsules Hotel B.V.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Hippo Pod
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
  15.3.4 inBox Capsule Hotel
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 Mayu Tokyo Woman
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Nadeshiko Hotel
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Pangea Pod Hotel
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 Riccarton Capsule Hotel
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 St Christopher’s Inns
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 The Bed KLCC
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
  15.3.11 The Capsule Hotel
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
  15.3.12 Urban Pod Pvt Ltd.
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Capsule Hotel Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Capsule Hotel Market Forecast: Breakup by Traveler Type (in Million US$), 2023-2028
Table 3: Global: Capsule Hotel Market Forecast: Breakup by Booking Mode (in Million US$), 2023-2028
Table 4: Global: Capsule Hotel Market Forecast: Breakup by Age Group (in Million US$), 2023-2028
Table 5: Global: Capsule Hotel Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Capsule Hotel Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Capsule Hotel Market: Competitive Structure
Table 8: Global: Capsule Hotel Market: Key Players

LIST OF FIGURES

Figure 1: Global: Capsule Hotel Market: Major Drivers and Challenges
Figure 2: Global: Capsule Hotel Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Capsule Hotel Market: Breakup by Traveler Type (in %), 2022
Figure 5: Global: Capsule Hotel Market: Breakup by Booking Mode (in %), 2022
Figure 6: Global: Capsule Hotel Market: Breakup by Age Group (in %), 2022
Figure 7: Global: Capsule Hotel Market: Breakup by Application (in %), 2022
Figure 8: Global: Capsule Hotel Market: Breakup by Region (in %), 2022
Figure 9: Global: Capsule Hotel (Solo) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Capsule Hotel (Solo) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Capsule Hotel (Group) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Capsule Hotel (Group) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Capsule Hotel (Online Booking) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Capsule Hotel (Online Booking) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Capsule Hotel (Offline Booking) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Capsule Hotel (Offline Booking) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Capsule Hotel (Generation X) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Capsule Hotel (Generation X) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Capsule Hotel (Generation Y) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Capsule Hotel (Generation Y) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Capsule Hotel (Generation Z) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Capsule Hotel (Generation Z) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Capsule Hotel (Office Workers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Capsule Hotel (Office Workers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Capsule Hotel (Tourists) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Capsule Hotel (Tourists) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Capsule Hotel (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Capsule Hotel (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Capsule Hotel Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Capsule Hotel Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Capsule Hotel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Global: Capsule Hotel Industry: SWOT Analysis
Figure 79: Global: Capsule Hotel Industry: Value Chain Analysis
Figure 80: Global: Capsule Hotel Industry: Porter's Five Forces Analysis


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