Asia Pacific Capsule Hotel Market

Asia Pacific 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 Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23391 Publication Date: July-2024 Number of Pages: 96
Special Offering:
Industry Insights | Market Trends
Highest number of Tables | 24/7 Analyst Support

Market Report Description

The Asia Pacific Capsule Hotel Market would witness market growth of 7.9% CAGR during the forecast period (2024-2031).

The Japan market dominated the Asia Pacific Capsule Hotel Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $53,349.9 Thousands by 2031. The China market is showcasing a CAGR of 7.5% during (2024 - 2031). Additionally, The India market would register a CAGR of 9.5% during (2024 - 2031).

Asia Pacific Capsule Hotel Market

Business travelers often choose capsule hotels for convenience and efficiency, especially during short business trips or one-night stays. Capsule hotels provide essential amenities such as Wi-Fi, workspace, and comfortable sleeping quarters, which are ideal for travelers focused on work commitments.

Additionally, capsule hotels appeal to tourists and backpackers seeking affordable and centrally located accommodations while exploring new destinations. They offer a unique cultural experience and the opportunity to meet other travelers in shared communal spaces.

India’s hospitality industry is shifting towards innovative and unique accommodation concepts. With their minimalist yet functional design, Capsule hotels cater to the changing preferences of millennial travelers who value experience over luxury. According to the National Investment Promotion & Facilitation Agency, India's tourism and hospitality sector is expected to generate more than $59 billion by 2028. Foreign Tourist Arrivals (FTAs) are also forecasted to reach 30.5 million by 2028.

Free Valuable Insights: The Global Capsule Hotel Market is Predict to reach USD 359.8 Million by 2031, at a CAGR of 7.7%

Based on Booking Mode, the market is segmented into Offline Booking and Online Booking. Based on Age Group, the market is segmented into Generation Y, Generation Z, and Generation X. Based on Traveler Type, the market is segmented into Solo and Group. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.

Need a report that reflects how COVID-19 has impacted this market and its growth? Download Free Sample Now

List of Key Companies Profiled

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
  • Rest of Asia Pacific

Asia Pacific 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 Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Australia
  • Rest of Asia Pacific
HAVE A QUESTION?

HAVE A QUESTION?

Call: +1(646) 600-5072

SPECIAL PRICING & DISCOUNTS


  • Buy Sections of This Report
  • Buy Country Level Reports
  • Request for Historical Data
  • Discounts Available for Start-Ups & Universities

Unique Offerings Unique Offerings


  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Support with 10% customization free after sale

Trusted by over
5000+ clients

Our team of dedicated experts can provide you with attractive expansion opportunities for your business.

Client Logo