Los Angeles, CA -- (SBWIRE) -- 01/10/2019 -- This report focuses on the global Capsule Hotels status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Capsule Hotels development in United States, Europe and China.
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.
In 2017, the global Capsule Hotels market size was 160 million US$ and it is expected to reach 240 million US$ by the end of 2025, with a CAGR of 6.0% during 2018-2025
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Key Manufacturers Analysis :
One of the important factors in Global Capsule Hotels Market report is the 'competitive analysis' of major players of world Market. The Capsule Hotels report covers all the key parameters such as product innovation, market strategies of the key players, Capsule Hotels market share, revenue generation, latest research and development, and market expert views.
Market Key Players cited in the report:-
- The Prime Pod Ginza Tokyo
- Shinjuku Kuyakusho-mae Capsule Hotel
- ENAKA Asakusa Central Hostel
- Nihonbashi Muormachi Bay Hotel
- Tokyo Ginza Bay Hotel
- Oak Hostel Fuji
- Nadeshiko Hotel Shibuya
- Capsule Value Kanda
- Nine Hours Shinjuku-North
- Tokyo Ariake Bay Hotel
- Capsule Inn Kamata
- Vintage Inn
- Wink Hotel
Market Segment by Product Type
- Office Workers
- Tourists
- Others
Market Segment by Application
- Office Workers
- Tourists
- Others
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Key Regions split in this report:
- North America - United States, Canada, Mexico.
- Asia-Pacific - China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam.
- Europe - Germany, France, UK, Italy, Russia.
- Central & South America - Brazil, Rest of Central & South America.
- Middle East & Africa.
The study objectives are:
- To analyze and research the global Capsule Hotels status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
- To present the key Capsule Hotels manufacturers, capacity, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Capsule Hotels are as follows:
- History Year: 2013-2018
- Base Year: 2017
- Estimated Year: 2018
- Forecast Year 2018 to 2025
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