About Capsule Hotels
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. The market of capsule hotel is growing due to the factor like rising travel and tourism sector, while some of the factor like talents shortage in the process of expansion is hampering the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
A competitor's details are provided in the competitive landscape for the capsule hotel market. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance are all included. The data points presented above are solely relevant to the companies' concentration on the capsule hotel sector. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Capsule Hotels market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shinjuku Kuyakusho-mae Capsule Hotel (Japan), ENAKA Asakusa Central Hostel (Japan), Nihonbashi Muormachi Bay Hotel (Japan), Vintage Inn (Singapore), Wink Hotel (United States), Tokyo Ginza Bay Hotel (Japan), Oak Hostel Fuji (Japan), Nadeshiko Hotel Shibuya (Japan), Capsule Value Kanda (Japan) and Nine Hours Shinjuku-North (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Tokyo Ariake Bay Hotel (Japan) and Capsule Inn Kamata (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Capsule Hotels market by Type (Side-by-side Capsules and Separate Capsules), Application (Office Workers, Tourists and Others) and Region.
On the basis of geography, the market of Capsule Hotels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Number of Capsules, the sub-segment i.e. Up to 50 will boost the Capsule Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Way of Booking, the sub-segment i.e. Online will boost the Capsule Hotels market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in hospitality sector
Market Growth Drivers:
Growing demand in hotel availability at economic price and Increase in travel & tourism factor
Challenges:
Slowing down of macroeconomic
Restraints:
Talents shortage in the process of expansion
Opportunities:
Most of the travelers focusing on simple accommodation
Key Target Audience
Hotels, Service providers, Government Organization and End users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.