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Capsule Hotel Market by Mode of Booking and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 117
  • SKU: IRTNTR73707
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The capsule hotel market share is expected to increase to USD 49.14 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.86%.

This capsule hotel market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, 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). The capsule hotel market report also offers information on several market vendors, including 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. among others.

What will the Capsule Hotel Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Capsule Hotel Market Size for the Forecast Period and Other Important Statistics

 

Capsule Hotel Market: Key Drivers, Trends, and Challenges

The growing disposable income of travelers is notably driving the capsule hotel market growth, although factors such as the negative impacts of the pandemic may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the capsule hotel industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Capsule Hotel Market Driver

  • The growing disposable income of travelers is one of the key drivers propelling the capsule hotel market growth.
  • For instance, from 2000 to 2020, the disposable per capita income in China increased by around 700%. In Japan, households, on average, spend 22% of their gross-adjusted disposable income on leisure activities.
  • The increasing disposable income improves the standard of living of people, which enables them to spend their income on travel activities.
  • The improving economic condition in Brazil is estimated to drive the growth of the capsule hotel market in the country during the forecast period.
  • For instance, according to The World Bank Group (WBG), Brazil's gross domestic product (GDP) was $1.45 trillion in 2020. With the estimated GDP growth of Brazil of 1.4% in 2022, the disposable income of travelers will rise, which will increase spending on travel activities and augment the growth of the global capsule hotel market during the forecast period. 

Key Capsule Hotel Market Trend

  • The growth of the global travel and tourism industry is one of the key capsule hotel market trends fueling the market growth.
  • In the last few decades, the tourism industry has witnessed significant growth, especially in regions such as Europe, Southeast Asia, and North America. While Brazil has traditionally been a country with the strongest tourism industry in South America
  • Air passenger traffic has increased due to the growth of the tourism industry. This growth in air passenger traffic is also expected to be fueled by the growing affluence of the middle-class population in emerging markets, such as China and India.
  • The global investments in airport infrastructure are expected to increase significantly during the forecast period. For instance, China currently plans to have 400 airports operational by 2035. The country plans to construct an additional 160 airports over the next 14 years. These factors will promote the growth of the tourism industry in the country, which, in turn, will have a positive impact on the capsule hotel market during the forecast period. 

Key Capsule Hotel Market Challenge

  • The negative impacts of the pandemic is one of the key factors challenging the capsule hotel market growth.
  • The governments of countries worldwide imposed pandemic-induced restrictions and nationwide lockdowns from early 2020 to contain the spread of the disease. There were cancelations of flights and a reduction in domestic and outbound tourists in H1 2020 globally.
  • As per the data provided by Eurostat, in April 2020, Europe witnessed a decline in domestic tourism by 93% as compared with the same month of the previous year.
  • In MEA, most domestic and international airlines were forced to cancel their flights due to strict quarantine measures and lack of passengers. Regional airlines such as Dubai-based Emirates Airlines, Abu Dhabi-based Etihad Airways, and Qatar Airways experienced significant losses in 2020.
  • According to the data provided by the Department of Tourism of Chile, in March 2020, tourist arrivals in Chile dropped by 63% compared with the same month the previous year. In Colombia, travel agencies witnessed a decline in sales of 70% in 2020. Such a decline in tourist arrivals will challenge the capsule hotel market growth during the forecast period.

This capsule hotel market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global capsule hotel market as a part of the global hotels, resorts, and cruise lines market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the capsule hotel market during the forecast period.

Who are the Major Capsule Hotel Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 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
  • Urban Pod Pvt. Ltd.

 

This statistical study of the capsule hotel market encompasses successful business strategies deployed by the key vendors. 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.

Product Insights and News

  • Bookandbedtokyo.com - The company operates a capsule hotel with concept rooms designed for book lovers.
  • First-cabin.jp - The company operates a capsule hotel that offers first-class cabins, business class cabins, economy class cabins, and premium cabins.
  • Nadeshiko-hotel.jp - The company operates a capsule hotel with disinfection sheets, alcohol sprays, and mattresses which is made by a specific fiber.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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.

Capsule Hotel Market Value Chain Analysis

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 end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Capsule Hotel Market?

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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. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the regional market. However, in H2 2020, the COVID-19 cases in the region were reduced due to the availability of vaccines. The governments of China, Japan, and India lifted travel restrictions, and the domestic and outbound tourism levels returned to normal. Thus, such factors will drive the capsule hotel market growth in APAC during the forecast period.

What are the Revenue-generating Mode of Booking Segments in the Capsule Hotel Market?

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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 of the offline booking segment will drive the capsule hotel market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the capsule hotel market size and actionable market insights on post COVID-19 impact on each segment.

 

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

Key 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 recovery analysis and future consumer dynamics, Market condition analysis for 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.

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What are the Key Data Covered in this Capsule Hotel Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive capsule hotel market growth during the next five years
  • Precise estimation of the capsule hotel market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the capsule hotel industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of capsule hotel market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Booking
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Mode of Booking

    • 5.1 Market segments
      • Exhibit 24: Chart on Mode of Booking - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Mode of Booking - Market share 2021-2026 (%)
    • 5.2 Comparison by Mode of Booking
      • Exhibit 26: Chart on Comparison by Mode of Booking
      • Exhibit 27: Data Table on Comparison by Mode of Booking
    • 5.3 Offline booking - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Offline booking - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Offline booking - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Offline booking - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Offline booking - Year-over-year growth 2021-2026 (%)
    • 5.4 Online booking - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Online booking - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Online booking - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Online booking - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Online booking - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Mode of Booking
      • Exhibit 36: Market opportunity by Mode of Booking ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Japan - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Book and Bed Tokyo
              • Exhibit 89: Book and Bed Tokyo - Overview
              • Exhibit 90: Book and Bed Tokyo - Product / Service
              • Exhibit 91: Book and Bed Tokyo - Key offerings
            • 10.4 First Cabin HD Co. Ltd.
              • Exhibit 92: First Cabin HD Co. Ltd. - Overview
              • Exhibit 93: First Cabin HD Co. Ltd. - Product / Service
              • Exhibit 94: First Cabin HD Co. Ltd. - Key offerings
            • 10.5 Nadeshiko Hotel
              • Exhibit 95: Nadeshiko Hotel - Overview
              • Exhibit 96: Nadeshiko Hotel - Product / Service
              • Exhibit 97: Nadeshiko Hotel - Key offerings
            • 10.6 Nonze Hostel
              • Exhibit 98: Nonze Hostel - Overview
              • Exhibit 99: Nonze Hostel - Product / Service
              • Exhibit 100: Nonze Hostel - Key offerings
            • 10.7 Pangea Pod Hotel
              • Exhibit 101: Pangea Pod Hotel - Overview
              • Exhibit 102: Pangea Pod Hotel - Product / Service
              • Exhibit 103: Pangea Pod Hotel - Key offerings
            • 10.8 RB Hospitality Pte Ltd.
              • Exhibit 104: RB Hospitality Pte Ltd. - Overview
              • Exhibit 105: RB Hospitality Pte Ltd. - Product / Service
              • Exhibit 106: RB Hospitality Pte Ltd. - Key offerings
            • 10.9 Riccarton Capsule Hotel
              • Exhibit 107: Riccarton Capsule Hotel - Overview
              • Exhibit 108: Riccarton Capsule Hotel - Product / Service
              • Exhibit 109: Riccarton Capsule Hotel - Key offerings
            • 10.10 The Bed KLCC
              • Exhibit 110: The Bed KLCC - Overview
              • Exhibit 111: The Bed KLCC - Product / Service
              • Exhibit 112: The Bed KLCC - Key offerings
            • 10.11 The Capsule Hotel
              • Exhibit 113: The Capsule Hotel - Overview
              • Exhibit 114: The Capsule Hotel - Product / Service
              • Exhibit 115: The Capsule Hotel - Key offerings
            • 10.12 Urban Pod Pvt. Ltd.
              • Exhibit 116: Urban Pod Pvt. Ltd. - Overview
              • Exhibit 117: Urban Pod Pvt. Ltd. - Product / Service
              • Exhibit 118: Urban Pod Pvt. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 119: Inclusions checklist
                • Exhibit 120: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 121: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 122: Research methodology
                • Exhibit 123: Validation techniques employed for market sizing
                • Exhibit 124: Information sources
              • 11.5 List of abbreviations
                • Exhibit 125: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The capsule hotel market market growth will increase by $$ 49.14 mn during 2023-2026.
              The capsule hotel market market is expected to grow at a CAGR of 9.86% during 2023-2026.
              Technavio has segmented the capsule hotel market market by other 1 (Offline booking and Online booking) and geography (APAC, North America, Europe, South America, and Middle East and Africa).
              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, Urban Pod Pvt. Ltd. are a few of the key vendors in the capsule hotel market market.
              APAC will register the highest growth rate of 41% among the other regions. Therefore, the capsule hotel market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the capsule hotel market market growth are:
              • Growing disposable income of travelers
              • Growth of the global travel and tourism industry
              The capsule hotel market market vendors should focus on grabbing business opportunities from the offline booking segment as it accounted for the largest market share in the base year.
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