+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Capsule Hotel Market Size, Share & Trends Analysis Report By Booking Mode (Offline Booking and Online Booking), By Age Group (Generation Y, Generation Z, and Generation X), By Traveler Type, By Regional Outlook and Forecast, 2024 - 2031

  • PDF Icon

    Report

  • 200 Pages
  • June 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5988778
The Global Capsule Hotel Market size is expected to reach $359.8 million by 2031, rising at a market growth of 7.7% CAGR during the forecast period.

Asia-Pacific cities are experiencing rapid urbanization, increasing population density, and a high demand for affordable, compact accommodations. Thus, the Asia-Pacific region acquired 52.4% revenue share in the market 2023. Capsule hotels optimize limited urban space by offering compact, functional rooms that cater to the needs of urban dwellers and travelers seeking convenient lodging options. Asia-Pacific countries attract many budget travelers, including backpackers and solo adventurers, who prefer affordable accommodations without compromising location or comfort.



Capsule hotels provide budget-friendly lodging options compared to traditional hotels. They typically offer lower nightly rates, making them attractive to budget-conscious travelers, especially in expensive urban areas with high hotel prices.

Additionally, urbanization leads to the expansion of cities and metropolitan areas, often resulting in a scarcity of available land for traditional hotels or large-scale developments. Capsule hotels offer a compact and space-efficient alternative that maximizes the use of limited urban space.

However, capsules in these are designed to be compact, typically measuring around 1 to 2 meters in length and width. This limited space confines guests to a small sleeping area with minimal room for movement or personal belongings. Thus, space and comfort limitations are hindering the growth of the market.

Driving and Restraining Factors

Drivers
  • Cost-effectiveness of capsule hotels
  • Increasing urbanization and population density
  • Increasing tourism and travel industry worldwide
Restraints
  • Space and comfort limitations
  • Target audience limitations of capsule hotels
Opportunities
  • Airport and transit hub expansion
  • Medical tourism support
Challenges
  • Lack of customization options
  • Seasonal and operational challenges

Booking Mode Outlook

Based on booking mode, the market is divided into offline and online booking. In 2023, the offline booking segment garnered 73.6% revenue share in the market. Some guests prefer the convenience of booking a capsule room on-site, especially when they arrive at the hotel without a prior reservation.

Age Group Outlook

On the basis of age group, the market is segmented into generation Y, generation Z, and generation X. In 2023, the generation Z segment attained 34.8% revenue share in the market. Capsule hotels often provide communal areas, co-working spaces, and social events that foster guest interaction.



Traveler Type Outlook

By traveler type, the market is divided into solo and group. In 2023, the solo segment registered 82% revenue share in the market. Capsule hotels are often situated in prime urban locations or near transportation hubs, providing solo travelers with convenient access to city attractions, public transit, and dining options.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region generated 23.2% revenue share in the market. Major cities in North America, such as New York City, San Francisco, and Toronto, experience high population density and urbanization trends.

List of Key Companies Profiled

  • The Bed KLCC
  • PANGEA POD HOTEL
  • Riccarton Capsule Hotel
  • De Bedstee Capsules Hotel B.V.
  • nine hours Inc.
  • Book & Bed Tokyo (Atelier Book and Bed Co., Ltd.)
  • NADESHIKO HOTEL
  • The Capsule Hotel

Market Report Segmentation

By Booking Mode
  • Offline Booking
  • Online Booking
By Age Group
  • Generation Y
  • Generation Z
  • Generation X
By Traveler Type
  • Solo
  • Group
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Capsule Hotel Market, by Booking Mode
1.4.2 Global Capsule Hotel Market, by Age Group
1.4.3 Global Capsule Hotel Market, by Traveler Type
1.4.4 Global Capsule Hotel Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Capsule Hotel Market by Booking Mode
4.1 Global Offline Booking Market by Region
4.2 Global Online Booking Market by Region
Chapter 5. Global Capsule Hotel Market by Age Group
5.1 Global Generation Y Market by Region
5.2 Global Generation Z Market by Region
5.3 Global Generation X Market by Region
Chapter 6. Global Capsule Hotel Market by Traveler Type
6.1 Global Solo Market by Region
6.2 Global Group Market by Region
Chapter 7. Global Capsule Hotel Market by Region
7.1 North America Capsule Hotel Market
7.1.1 North America Capsule Hotel Market by Booking Mode
7.1.1.1 North America Offline Booking Market by Region
7.1.1.2 North America Online Booking Market by Region
7.1.2 North America Capsule Hotel Market by Age Group
7.1.2.1 North America Generation Y Market by Country
7.1.2.2 North America Generation Z Market by Country
7.1.2.3 North America Generation X Market by Country
7.1.3 North America Capsule Hotel Market by Traveler Type
7.1.3.1 North America Solo Market by Country
7.1.3.2 North America Group Market by Country
7.1.4 North America Capsule Hotel Market by Country
7.1.4.1 US Capsule Hotel Market
7.1.4.1.1 US Capsule Hotel Market by Booking Mode
7.1.4.1.2 US Capsule Hotel Market by Age Group
7.1.4.1.3 US Capsule Hotel Market by Traveler Type
7.1.4.2 Canada Capsule Hotel Market
7.1.4.2.1 Canada Capsule Hotel Market by Booking Mode
7.1.4.2.2 Canada Capsule Hotel Market by Age Group
7.1.4.2.3 Canada Capsule Hotel Market by Traveler Type
7.1.4.3 Mexico Capsule Hotel Market
7.1.4.3.1 Mexico Capsule Hotel Market by Booking Mode
7.1.4.3.2 Mexico Capsule Hotel Market by Age Group
7.1.4.3.3 Mexico Capsule Hotel Market by Traveler Type
7.1.4.4 Rest of North America Capsule Hotel Market
7.1.4.4.1 Rest of North America Capsule Hotel Market by Booking Mode
7.1.4.4.2 Rest of North America Capsule Hotel Market by Age Group
7.1.4.4.3 Rest of North America Capsule Hotel Market by Traveler Type
7.2 Europe Capsule Hotel Market
7.2.1 Europe Capsule Hotel Market by Booking Mode
7.2.1.1 Europe Offline Booking Market by Country
7.2.1.2 Europe Online Booking Market by Country
7.2.2 Europe Capsule Hotel Market by Age Group
7.2.2.1 Europe Generation Y Market by Country
7.2.2.2 Europe Generation Z Market by Country
7.2.2.3 Europe Generation X Market by Country
7.2.3 Europe Capsule Hotel Market by Traveler Type
7.2.3.1 Europe Solo Market by Country
7.2.3.2 Europe Group Market by Country
7.2.4 Europe Capsule Hotel Market by Country
7.2.4.1 Germany Capsule Hotel Market
7.2.4.1.1 Germany Capsule Hotel Market by Booking Mode
7.2.4.1.2 Germany Capsule Hotel Market by Age Group
7.2.4.1.3 Germany Capsule Hotel Market by Traveler Type
7.2.4.2 UK Capsule Hotel Market
7.2.4.2.1 UK Capsule Hotel Market by Booking Mode
7.2.4.2.2 UK Capsule Hotel Market by Age Group
7.2.4.2.3 UK Capsule Hotel Market by Traveler Type
7.2.4.3 France Capsule Hotel Market
7.2.4.3.1 France Capsule Hotel Market by Booking Mode
7.2.4.3.2 France Capsule Hotel Market by Age Group
7.2.4.3.3 France Capsule Hotel Market by Traveler Type
7.2.4.4 Russia Capsule Hotel Market
7.2.4.4.1 Russia Capsule Hotel Market by Booking Mode
7.2.4.4.2 Russia Capsule Hotel Market by Age Group
7.2.4.4.3 Russia Capsule Hotel Market by Traveler Type
7.2.4.5 Spain Capsule Hotel Market
7.2.4.5.1 Spain Capsule Hotel Market by Booking Mode
7.2.4.5.2 Spain Capsule Hotel Market by Age Group
7.2.4.5.3 Spain Capsule Hotel Market by Traveler Type
7.2.4.6 Netherlands Capsule Hotel Market
7.2.4.6.1 Netherlands Capsule Hotel Market by Booking Mode
7.2.4.6.2 Netherlands Capsule Hotel Market by Age Group
7.2.4.6.3 Netherlands Capsule Hotel Market by Traveler Type
7.2.4.7 Rest of Europe Capsule Hotel Market
7.2.4.7.1 Rest of Europe Capsule Hotel Market by Booking Mode
7.2.4.7.2 Rest of Europe Capsule Hotel Market by Age Group
7.2.4.7.3 Rest of Europe Capsule Hotel Market by Traveler Type
7.3 Asia Pacific Capsule Hotel Market
7.3.1 Asia Pacific Capsule Hotel Market by Booking Mode
7.3.1.1 Asia Pacific Offline Booking Market by Country
7.3.1.2 Asia Pacific Online Booking Market by Country
7.3.2 Asia Pacific Capsule Hotel Market by Age Group
7.3.2.1 Asia Pacific Generation Y Market by Country
7.3.2.2 Asia Pacific Generation Z Market by Country
7.3.2.3 Asia Pacific Generation X Market by Country
7.3.3 Asia Pacific Capsule Hotel Market by Traveler Type
7.3.3.1 Asia Pacific Solo Market by Country
7.3.3.2 Asia Pacific Group Market by Country
7.3.4 Asia Pacific Capsule Hotel Market by Country
7.3.4.1 Japan Capsule Hotel Market
7.3.4.1.1 Japan Capsule Hotel Market by Booking Mode
7.3.4.1.2 Japan Capsule Hotel Market by Age Group
7.3.4.1.3 Japan Capsule Hotel Market by Traveler Type
7.3.4.2 China Capsule Hotel Market
7.3.4.2.1 China Capsule Hotel Market by Booking Mode
7.3.4.2.2 China Capsule Hotel Market by Age Group
7.3.4.2.3 China Capsule Hotel Market by Traveler Type
7.3.4.3 India Capsule Hotel Market
7.3.4.3.1 India Capsule Hotel Market by Booking Mode
7.3.4.3.2 India Capsule Hotel Market by Age Group
7.3.4.3.3 India Capsule Hotel Market by Traveler Type
7.3.4.4 South Korea Capsule Hotel Market
7.3.4.4.1 South Korea Capsule Hotel Market by Booking Mode
7.3.4.4.2 South Korea Capsule Hotel Market by Age Group
7.3.4.4.3 South Korea Capsule Hotel Market by Traveler Type
7.3.4.5 Singapore Capsule Hotel Market
7.3.4.5.1 Singapore Capsule Hotel Market by Booking Mode
7.3.4.5.2 Singapore Capsule Hotel Market by Age Group
7.3.4.5.3 Singapore Capsule Hotel Market by Traveler Type
7.3.4.6 Australia Capsule Hotel Market
7.3.4.6.1 Australia Capsule Hotel Market by Booking Mode
7.3.4.6.2 Australia Capsule Hotel Market by Age Group
7.3.4.6.3 Australia Capsule Hotel Market by Traveler Type
7.3.4.7 Rest of Asia Pacific Capsule Hotel Market
7.3.4.8 Rest of Asia Pacific Capsule Hotel Market by Booking Mode
7.3.4.9 Rest of Asia Pacific Capsule Hotel Market by Age Group
7.3.4.10 Rest of Asia Pacific Capsule Hotel Market by Traveler Type
7.4 LAMEA Capsule Hotel Market
7.4.1 LAMEA Capsule Hotel Market by Booking Mode
7.4.1.1 LAMEA Offline Booking Market by Country
7.4.1.2 LAMEA Online Booking Market by Country
7.4.2 LAMEA Capsule Hotel Market by Age Group
7.4.2.1 LAMEA Generation Y Market by Country
7.4.2.2 LAMEA Generation Z Market by Country
7.4.2.3 LAMEA Generation X Market by Country
7.4.3 LAMEA Capsule Hotel Market by Traveler Type
7.4.3.1 LAMEA Solo Market by Country
7.4.3.2 LAMEA Group Market by Country
7.4.4 LAMEA Capsule Hotel Market by Country
7.4.4.1 Brazil Capsule Hotel Market
7.4.4.1.1 Brazil Capsule Hotel Market by Booking Mode
7.4.4.1.2 Brazil Capsule Hotel Market by Age Group
7.4.4.1.3 Brazil Capsule Hotel Market by Traveler Type
7.4.4.2 Argentina Capsule Hotel Market
7.4.4.2.1 Argentina Capsule Hotel Market by Booking Mode
7.4.4.2.2 Argentina Capsule Hotel Market by Age Group
7.4.4.2.3 Argentina Capsule Hotel Market by Traveler Type
7.4.4.3 UAE Capsule Hotel Market
7.4.4.3.1 UAE Capsule Hotel Market by Booking Mode
7.4.4.3.2 UAE Capsule Hotel Market by Age Group
7.4.4.3.3 UAE Capsule Hotel Market by Traveler Type
7.4.4.4 Saudi Arabia Capsule Hotel Market
7.4.4.4.1 Saudi Arabia Capsule Hotel Market by Booking Mode
7.4.4.4.2 Saudi Arabia Capsule Hotel Market by Age Group
7.4.4.4.3 Saudi Arabia Capsule Hotel Market by Traveler Type
7.4.4.5 South Africa Capsule Hotel Market
7.4.4.5.1 South Africa Capsule Hotel Market by Booking Mode
7.4.4.5.2 South Africa Capsule Hotel Market by Age Group
7.4.4.5.3 South Africa Capsule Hotel Market by Traveler Type
7.4.4.6 Nigeria Capsule Hotel Market
7.4.4.6.1 Nigeria Capsule Hotel Market by Booking Mode
7.4.4.6.2 Nigeria Capsule Hotel Market by Age Group
7.4.4.6.3 Nigeria Capsule Hotel Market by Traveler Type
7.4.4.7 Rest of LAMEA Capsule Hotel Market
7.4.4.7.1 Rest of LAMEA Capsule Hotel Market by Booking Mode
7.4.4.7.2 Rest of LAMEA Capsule Hotel Market by Age Group
7.4.4.7.3 Rest of LAMEA Capsule Hotel Market by Traveler Type
Chapter 8. Company Profiles
8.1 The Bed KLCC
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 PANGEA POD HOTEL
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Riccarton Capsule Hotel
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 De Bedstee Capsules Hotel B.V.
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Nine Hours Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Book & Bed Tokyo (Atelier Book and Bed Co., Ltd.)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 NADESHIKO HOTEL
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 The Capsule Hotel
8.8.1 Company Overview
8.8.2 SWOT Analysis
Chapter 9. Winning Imperatives for Capsule Hotel Market

Companies Mentioned

  • The Bed KLCC
  • PANGEA POD HOTEL
  • Riccarton Capsule Hotel
  • De Bedstee Capsules Hotel B.V.
  • nine hours Inc.
  • Book & Bed Tokyo (Atelier Book and Bed Co., Ltd.)
  • NADESHIKO HOTEL
  • The Capsule Hotel

Methodology

Loading
LOADING...