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The global capsule hotel market was valued at US$ 97.8 Million in 2022.
We expect the global capsule hotel market to exhibit a CAGR of 10.2% during 2023-2028.
The growing travel and tourism industry, along with the rising popularity of capsule hotels based on
their budget-friendly and enhanced privacy, safety, and comfort properties, is primarily driving the
global capsule hotel market.
The sudden outbreak of the COVID-19 pandemic has led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of numerous hotels. However, in the
post-COVID-19 scenario, there is a growing inclination towards online-booking for capsule hotels, owing
to the emerging trend of staycations, especially due to the rising adoption of remote working model.
Based on the traveler type, the global capsule hotel market can be segmented into solo and group.
Currently, solo travelers hold the majority of the total market share.
Based on the booking mode, the global capsule hotel market has been divided into online booking and
offline booking, where offline booking exhibits a clear dominance in the market.
Based on the age group, the global capsule hotel market can be categorized into generation X,
generation Y, and generation Z. Among these, generation Z accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global capsule hotel market include 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.
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