NEW YORK, Aug. 29, 2022 /PRNewswire/ — The “Capsule Hotel Market Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the capsule hotel market between 2021 and 2026 is USD 49.14 million, as per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 9.86%. Technavio categorizes the global capsule hotel market as a part of the global hotels, resorts, and cruise lines market. Our report provides extensive information on the value chain analysis for the capsule hotel market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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.
To learn about additional key market dynamics, View our FREE Sample Report right now!
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.
- Access extensive vendor profiles with their key offerings as you Grab your Sample PDF Copy
Related Reports:
Hotel Market in Vietnam Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026
Tourism and Hotel Market in Indonesia Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026
Tourism and Hotel Market in China Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026
|
Capsule Hotel Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 9.86% |
|
Market growth 2022-2026 |
$ 49.14 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
9.08 |
|
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 41% |
|
Key consumer countries |
US, China, Japan, Germany, and UK |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Book and Bed Tokyo, Container Hotel Group, CVS Bay Area Inc., De Bedstee Capsules Hotel B.V., Dream Lodge, First Cabin HD Co. Ltd., Hostels Hub Point S.L., Inbox Capsule Hotel, Koyasan guesthouse Kokuu, Nadeshiko Hotel, Nonze Hostel, Pangea Pod Hotel, RB Hospitality Pte Ltd., Riccarton Capsule Hotel, TAKE Hostel Conil, The Bed KLCC, The Capsule Hotel, The Pod Sydney, Time Capsule Retreat, Tubohotel, and Urban Pod Pvt. Ltd. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Booking
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio
