A capsule hotel, also known as a pod hotel, is a type of hotel developed in Japan that features a large number of extremely small "rooms" (capsules) intended to provide cheap, basic overnight accommodation for guests who do not require or who cannot afford the services offered by more conventional hotels.
Japan is the largest market with a market share of 81.13% in 2012 and 77.95% in 2016 with a decrease of 3.18%. Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing Southeast Asia regions.
The Capsule Hotels market has been increased in accordance with the development of whole economy, tourism and consumer awareness. However, with the macroeconomic is slowing down, the increase rate of Capsule Hotels is also slowing. But the emerging market is still the potential market of the industry, so some of the companies are laying-out their business in the emerging market. What more, there are some problem to be solved ahead, such as the homogenization of the fierce competition, the low price competition, the talents shortage in the process of the company’ expansion, the channel building through the internet and so on.
According to this study, over the next five years the Capsule Hotels market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 210 million by 2024, from US$ 160 million in 2019. In particular, this report presents the global revenue market share of key companies in Capsule Hotels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and grow ...
Table of Contents
2019-2024 Global Capsule Hotels Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Capsule Hotels Market Size 2014-2024
2.1.2 Capsule Hotels Market Size CAGR by Region
2.2 Capsule Hotels Segment by Type
2.2.1 Office Workers
2.3 Capsule Hotels Market Size by Type
2.3.1 Global Capsule Hotels Market Size Market Share by Type (2014-2019)
2.3.2 Global Capsule Hotels Market Size Growth Rate by Type (2014-2019)
2.4 Capsule Hotels Segment by Application
2.4.1 Office Workers
2.5 Capsule Hotels Market Size by Application
2.5.1 Global Capsule Hotels Market Size Market Share by Appl ...