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The sleeping pods market share is expected to increase to USD 29.59 million from 2021 to 2026, at a CAGR of 5.34%.
This sleeping pods 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 sleeping pods market segmentation by end-user (airport, hospitals, corporate, and others) and geography (Europe, APAC, North America, Middle East and Africa, and South America). The sleeping pods market report also offers information on several market vendors, including Attrap Reves, Gosleep, Inbox Capsule Hotel, Jet Quay Pte. Ltd., KINN Capsule Hotel, KOTOBUKI SEATING CO. LTD., Metronaps, Minute Suites LLC, NapCabs GmbH, Natura Vive, NEW JAPAN CO. LTD., Nine hours Inc., Panda Pod Hotel, Pangea Pod Hotel, PODZONE, Poshtel, Sleepbox Inc., Snooze at my space, Yotel Ltd., and ZZZleepandGo Srl among others.
Download the Free Report Sample to Unlock the Sleeping Pods Market Size for the Forecast Period and Other Important Statistics
The increase in awareness of the benefits of sleeping pods at the workplace is notably driving the sleeping pods market growth, although factors such as the high cost of sleeping pods 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 sleeping pods industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Sleeping Pods Market Driver
Key Sleeping Pods Market Trend
Key Sleeping Pods Market Challenge
This sleeping pods 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.
Technavio categorizes the global sleeping pods market as a part of the global leisure facilities market within the overall hotels, restaurants, and leisure 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 sleeping pods market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the sleeping pods market encompasses successful business strategies deployed by the key vendors. The sleeping pods market is fragmented and the vendors are deploying growth strategies such as using efficient production techniques to minimize production costs and prevent cost overruns to compete in the market.
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 sleeping pods 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.
Our report provides extensive information on the value chain analysis for the sleeping pods 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.
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33% of the market's growth will originate from Europe during the forecast period. UK and Germany are the key markets for sleeping pods in Europe. Market growth in this region will be slower than the growth of the market in other regions.
The high disposable incomes of consumers, the increased awareness of sleeping pods, and quick access to advanced technologies in the region will facilitate the sleeping pods market growth in Europe 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 the COVID-19 pandemic in early 2020 negatively impacted the regional sleeping pods market. However, in 2021, the introduction of COVID-19 vaccines led to the resumption of activities in the region. Travel restrictions were removed, and airports resumed commercial flight services. This, in turn, increased the demand for sleeping pods. Thus, such factors are expected to drive the growth of the regional sleeping pods market during the forecast period.
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The sleeping pods market share growth by the airport segment will be significant during the forecast period. Some of the main drivers projected to accelerate the growth of the segment during the forecast period include the rise in the concept of smart airports with passenger-friendly amenities and an increase in the number of air passengers and transit flights. The emergence of the commercial business model in the aviation industry has increased the focus on non-inflight services, such as making sure that airline passengers are greeted warmly and that there is enough parking space at airports.
This report provides an accurate prediction of the contribution of all the segments to the growth of the sleeping pods market size and actionable market insights on post COVID-19 impact on each segment.
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Sleeping Pods Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 5.34% |
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Market growth 2022-2026 |
$ 29.59 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.94 |
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Regional analysis |
Europe, APAC, North America, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 33% |
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Key consumer countries |
US, China, Japan, UK, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Attrap Reves, Gosleep, Inbox Capsule Hotel, Jet Quay Pte. Ltd., KINN Capsule Hotel, KOTOBUKI SEATING CO. LTD., Metronaps, Minute Suites LLC, NapCabs GmbH, Natura Vive, NEW JAPAN CO. LTD., Nine hours Inc., Panda Pod Hotel, Pangea Pod Hotel, PODZONE, Poshtel, Sleepbox Inc., Snooze at my space, Yotel Ltd., and ZZZleepandGo Srl |
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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 the forecast period |
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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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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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