Key Market Segment Highlights:
This report extensively covers capsule hotel market segmentations by mode of booking (offline booking and online booking) and geography (APAC, North America, Europe, South America, and Middle East and Africa).
- Regional Opportunities: The capsule hotel market share growth by the offline booking segment will be significant during the forecast period. Through offline booking, customers can book rooms according to their preferences. They do not have to deal with claiming refunds, which is the case with online booking. Vendors can offer their customers additional schemes, which would not be available through online booking. Discounted prices and budget-friendly options provided by vendors through the offline booking mode further drive customer footfall in their hotels. Thus, such factors in the offline booking segment will drive the capsule hotel market growth during the forecast period.
- Revenue-generating Segment Highlights: 41% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the capsule hotel market in APAC. Market growth in this region will be slower than the growth of the market in North America and Europe. The increase in spending by millennials on travel activities will facilitate the capsule hotel market growth in APAC over the forecast period.
Vendor Landscape
The capsule hotel market is fragmented and the vendors are deploying growth strategies such as better amenities, services, costs, and offering discounts to compete in the market. This statistical study of the capsule hotel market encompasses successful business strategies deployed by the key vendors. The capsule hotel market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from the post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Some Companies Mentioned with their Offerings
- Book and Bed Tokyo: The company operates a capsule hotel with concept rooms designed for book lovers
- First Cabin HD Co. Ltd.: The company operates a capsule hotel that offers first-class cabins, business class cabins, economy class cabins, and premium cabins.
- Nadeshiko Hotel: The company operates a women-only capsule hotel with a public bath.The company operates a capsule hotel with disinfection sheets, alcohol sprays, and mattresses which is made by a specific fiber.
- Nonze Hostel: The company operates a capsule hotel that offers capsule suites, twin suites, and double units.
- Pangea Pod Hotel: The company operates a capsule hotel with natural wood finishes, double memory foam mattresses, soft sheets, and comfy pillows.
- Container Hotel Group
- CVS Bay Area Inc.
- De Bedstee Capsules Hotel B.V.
- Dream Lodge
- Hostels Hub Point S.L.
- Inbox Capsule Hotel
- Koyasan guesthouse Kokuu
- RB Hospitality Pte Ltd.
- Riccarton Capsule Hotel
- TAKE Hostel Conil
- The Bed KLCC
- The Capsule Hotel
- The Pod Sydney
- Time Capsule Retreat
- Tubohotel
- Urban Pod Pvt. Ltd.
