Global Capsule Hotels Market Analysis 2016-2018 and Forecast 2019-2026 - Segmented by Type, Number of Capsules and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 3, 2019--The “Global Capsule Hotels Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.
The capsule hotels market registered market value of US$ 167.07 Mn in 2017 and estimated to grow with a CAGR of 6.3% during the forecast period from 2018 to 2026.
Since its inception, capsule hotels came a long way and are gaining popularity not only in Japan and other Asia Pacific countries but all across the globe.
Modern-day travelers are becoming frugal in their spending on hotels and want only the basic amenities from their accommodation. Not only travelers but even corporates are preferring to board a capsule hotel compared to any other luxurious hotels in order to cut down on their business travel budgets. A growing trend of traveling on a shoestring budget certainly encouraged the demand for capsule hotels.
The hospitality industry is witnessing a rapid proliferation from the past few decades and the revolution is expected to proliferate even further in coming years. Listing of capsule hotels on travel and third party booking websites helped the capsule hotel market to grow at a considerable pace. The growth is primarily attributed to the Asia Pacific region especially in Japan, China, Singapore, and Taiwan.
However, growth is not limited to only the aforementioned countries. A significant rise in capsule hotels is observed in European countries such as the UK and Russia. Besides, new ventures in the United States are also encouraging the growth of capsule hotels market worldwide and expected to reach new highs of market value in the coming years.
The research analysis covers exhaustive analysis of leading capsule hotels manufacturing companies including Shinjuku Kuyakusho-mae Capsule Hotel, Enaka Asakusa Central Hostel, Nihonbashi Muromachi BAY HOTEL, Tokyo Ginza BAY HOTEL, Oak Hostel Fuji, NADESHIKO HOTEL SHIBUYA, Capsule Value Kanda, Nine Hours Shinjuku-north, The Wink Hotel, inBox Capsule Hotel, CityHub Amsterdam, Pengheng Space Capsules Hotel, The Skylodge Adventure Suites, Capsule Hotel Rumor Plaza, and Tubotel.
Capsule hotel companies and owners are revolutionizing overall hospitality industry by providing a cost-effective & flexible way in an experimental design to travelers. These companies are mushrooming new ventures all across the globe with innovative, comfortable, and practical capsules or sleeping pods. Attracting more and more guests to this relative novice concept is one of the prime objectives for hotel companies and their efforts have started to show colors of growth in the past few years.
The market is highly competitive in the Asia Pacific and especially in Southeast Asia. However, tremendous growth opportunities are waiting for these companies to expand their business in North America, Europe and Rest of the World. Hotel companies are sure to face stiff competition in coming years with new entrants buckling up to enter into the market.
Key Topics Covered
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation
2. Executive Summary
2.1. Global Capsule Hotels Market Snapshot
2.2. Global Capsule Hotels Market, by Type
2.3. Global Capsule Hotels Market, by Number of Capsules
2.4. Global Capsule Hotels Market, by Geography
3. Global Capsule Hotels Market Analysis
3.1. Global Capsule Hotels Market Overview
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. See-Saw Analysis
3.3.1. Impact Analysis
3.4. Attractive Investment Proposition
3.5. Competitive Landscape
3.5.1. Market Positioning of Key Industry Participants
3.5.2. Major Strategies Adopted by Key Industry Participants
4. Global Capsule Hotels Market Value, by Type, 2016 - 2026 (US$ Mn)
4.1.1. Global Capsule Hotels Market Value Share, by Type, 2017 & 2026 (Value %)
4.1.2. Global Capsule Hotels Market Value, by Type, 2016 - 2026 (US$ Mn)
4.2.1. Global Side-by-side Capsule Hotels Market, 2016 - 2026 (US$ Mn)
4.3. Separate Capsule
4.3.1. Global Separate Capsule Hotels Market, 2016 - 2026 (US$ Mn)
5. Global Capsule Hotels Market Value, by Number of Capsules, 2016 - 2026 (US$ Mn)
5.1.1. Global Capsule Hotels Market Value Share, by number of capsules, 2017 & 2026 (Value %)
5.1.2. Global Capsule Hotels Market Value, by number of capsule, 2016 - 2026 (US$ Mn)
6. North America Capsule Hotels Market Analysis, 2016 - 2026 (US$ Mn)
7. Europe Capsule Hotels Market Analysis, 2016 - 2026 (US$ Mn)
8. Asia Pacific Capsule Hotels Market Analysis, 2016 - 2026 (US$ Mn)
9. Rest of World (RoW) Capsule Hotels Market Analysis, 2016 - 2026 (US$ Mn)
10. Company Profiles
10.1. Shinjuku Kuyakusho-mae Capsule Hotel
10.2. Enaka Asakusa Central Hostel
10.3. Nihonbashi Muromachi BAY HOTEL
10.4. Tokyo Ginza BAY HOTEL
10.5. Oak Hostel Fuji
10.6. NADESHIKO HOTEL SHIBUYA
10.7. Capsule Value Kanda
10.8. Nine Hours Shinjuku-north
10.9. The Wink Hotel
10.10. inBox Capsule Hotel
10.11. CityHub Amsterdam
10.12. Pengheng Space Capsules Hotel
10.13. The Skylodge Adventure Suites
10.14. Capsule Hotel Rumor Plaza
For more information about this report visit https://www.researchandmarkets.com/research/7pljlx/global_capsule?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190403005436/en/
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Related Topics:Hotels and Travel Accomodation
INDUSTRY KEYWORD: TRAVEL LODGING
SOURCE: Research and Markets
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PUB: 04/03/2019 07:45 AM/DISC: 04/03/2019 07:45 AM