The North America Capsule Hotel Market would witness market growth of 7.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Capsule Hotel Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $54,733.1 Thousands by 2031. The Canada market is experiencing a CAGR of 9.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.7% during (2024 - 2031).
A capsule hotel is an accommodation characterized by compact, pod-like sleeping quarters designed to provide affordable and efficient lodging for travellers. Emerging from Japan in the late 1970s, capsule hotels were initially designed to provide affordable overnight accommodations for business travellers and solo tourists.
Moreover, capsule hotels, with their unique design and compact accommodations, find diverse applications across several hospitality and travel industry segments. Capsule hotels are particularly popular in densely populated urban centers with limited space, and traditional hotels may be expensive or fully booked.
Expanding travel arrangements and reservation services in Canada can significantly impact the market, enhancing accessibility and visibility for this unique lodging concept. According to Statistics Canada, the travel arrangement and reservation services industry group saw a significant surge in operating revenue, soaring by 182.2% to reach $9.7 billion in 2022. Tour operators experienced the largest increase in their sectors, with operating revenue rising sharply by 475.2% to $5.4 billion.
Free Valuable Insights: The 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 U.S., Mexico, Canada, and Rest of North America.
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
North America Capsule Hotel Market Report Segmentation
By Booking Mode
- Offline Booking
- Online Booking
By Age Group
- Generation Y
- Generation Z
- Generation X
By Traveler Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Capsule Hotel Market, by Booking Mode
1.4.2 North America Capsule Hotel Market, by Age Group
1.4.3 North America Capsule Hotel Market, by Traveler Type
1.4.4 North America Capsule Hotel Market, by Country
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. North America Capsule Hotel Market by Booking Mode
4.1 North America Offline Booking Market by Region
4.2 North America Online Booking Market by Region
Chapter 5. North America Capsule Hotel Market by Age Group
5.1 North America Generation Y Market by Country
5.2 North America Generation Z Market by Country
5.3 North America Generation X Market by Country
Chapter 6. North America Capsule Hotel Market by Traveler Type
6.1 North America Solo Market by Country
6.2 North America Group Market by Country
Chapter 7. North America Capsule Hotel Market by Country
7.1 US Capsule Hotel Market
7.1.1 US Capsule Hotel Market by Booking Mode
7.1.2 US Capsule Hotel Market by Age Group
7.1.3 US Capsule Hotel Market by Traveler Type
7.2 Canada Capsule Hotel Market
7.2.1 Canada Capsule Hotel Market by Booking Mode
7.2.2 Canada Capsule Hotel Market by Age Group
7.2.3 Canada Capsule Hotel Market by Traveler Type
7.3 Mexico Capsule Hotel Market
7.3.1 Mexico Capsule Hotel Market by Booking Mode
7.3.2 Mexico Capsule Hotel Market by Age Group
7.3.3 Mexico Capsule Hotel Market by Traveler Type
7.4 Rest of North America Capsule Hotel Market
7.4.1 Rest of North America Capsule Hotel Market by Booking Mode
7.4.2 Rest of North America Capsule Hotel Market by Age Group
7.4.3 Rest of North America 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
TABLE 1 North America Capsule Hotel Market, 2020 - 2023, USD Thousands
TABLE 2 North America Capsule Hotel Market, 2024 - 2031, USD Thousands
TABLE 3 North America Capsule Hotel Market by Booking Mode, 2020 - 2023, USD Thousands
TABLE 4 North America Capsule Hotel Market by Booking Mode, 2024 - 2031, USD Thousands
TABLE 5 North America Offline Booking Market by Region, 2020 - 2023, USD Thousands
TABLE 6 North America Offline Booking Market by Region, 2024 - 2031, USD Thousands
TABLE 7 North America Online Booking Market by Region, 2020 - 2023, USD Thousands
TABLE 8 North America Online Booking Market by Region, 2024 - 2031, USD Thousands
TABLE 9 North America Capsule Hotel Market by Age Group, 2020 - 2023, USD Thousands
TABLE 10 North America Capsule Hotel Market by Age Group, 2024 - 2031, USD Thousands
TABLE 11 North America Generation Y Market by Country, 2020 - 2023, USD Thousands
TABLE 12 North America Generation Y Market by Country, 2024 - 2031, USD Thousands
TABLE 13 North America Generation Z Market by Country, 2020 - 2023, USD Thousands
TABLE 14 North America Generation Z Market by Country, 2024 - 2031, USD Thousands
TABLE 15 North America Generation X Market by Country, 2020 - 2023, USD Thousands
TABLE 16 North America Generation X Market by Country, 2024 - 2031, USD Thousands
TABLE 17 North America Capsule Hotel Market by Traveler Type, 2020 - 2023, USD Thousands
TABLE 18 North America Capsule Hotel Market by Traveler Type, 2024 - 2031, USD Thousands
TABLE 19 North America Solo Market by Country, 2020 - 2023, USD Thousands
TABLE 20 North America Solo Market by Country, 2024 - 2031, USD Thousands
TABLE 21 North America Group Market by Country, 2020 - 2023, USD Thousands
TABLE 22 North America Group Market by Country, 2024 - 2031, USD Thousands
TABLE 23 North America Capsule Hotel Market by Country, 2020 - 2023, USD Thousands
TABLE 24 North America Capsule Hotel Market by Country, 2024 - 2031, USD Thousands
TABLE 25 US Capsule Hotel Market, 2020 - 2023, USD Thousands
TABLE 26 US Capsule Hotel Market, 2024 - 2031, USD Thousands
TABLE 27 US Capsule Hotel Market by Booking Mode, 2020 - 2023, USD Thousands
TABLE 28 US Capsule Hotel Market by Booking Mode, 2024 - 2031, USD Thousands
TABLE 29 US Capsule Hotel Market by Age Group, 2020 - 2023, USD Thousands
TABLE 30 US Capsule Hotel Market by Age Group, 2024 - 2031, USD Thousands
TABLE 31 US Capsule Hotel Market by Traveler Type, 2020 - 2023, USD Thousands
TABLE 32 US Capsule Hotel Market by Traveler Type, 2024 - 2031, USD Thousands
TABLE 33 Canada Capsule Hotel Market, 2020 - 2023, USD Thousands
TABLE 34 Canada Capsule Hotel Market, 2024 - 2031, USD Thousands
TABLE 35 Canada Capsule Hotel Market by Booking Mode, 2020 - 2023, USD Thousands
TABLE 36 Canada Capsule Hotel Market by Booking Mode, 2024 - 2031, USD Thousands
TABLE 37 Canada Capsule Hotel Market by Age Group, 2020 - 2023, USD Thousands
TABLE 38 Canada Capsule Hotel Market by Age Group, 2024 - 2031, USD Thousands
TABLE 39 Canada Capsule Hotel Market by Traveler Type, 2020 - 2023, USD Thousands
TABLE 40 Canada Capsule Hotel Market by Traveler Type, 2024 - 2031, USD Thousands
TABLE 41 Mexico Capsule Hotel Market, 2020 - 2023, USD Thousands
TABLE 42 Mexico Capsule Hotel Market, 2024 - 2031, USD Thousands
TABLE 43 Mexico Capsule Hotel Market by Booking Mode, 2020 - 2023, USD Thousands
TABLE 44 Mexico Capsule Hotel Market by Booking Mode, 2024 - 2031, USD Thousands
TABLE 45 Mexico Capsule Hotel Market by Age Group, 2020 - 2023, USD Thousands
TABLE 46 Mexico Capsule Hotel Market by Age Group, 2024 - 2031, USD Thousands
TABLE 47 Mexico Capsule Hotel Market by Traveler Type, 2020 - 2023, USD Thousands
TABLE 48 Mexico Capsule Hotel Market by Traveler Type, 2024 - 2031, USD Thousands
TABLE 49 Rest of North America Capsule Hotel Market, 2020 - 2023, USD Thousands
TABLE 50 Rest of North America Capsule Hotel Market, 2024 - 2031, USD Thousands
TABLE 51 Rest of North America Capsule Hotel Market by Booking Mode, 2020 - 2023, USD Thousands
TABLE 52 Rest of North America Capsule Hotel Market by Booking Mode, 2024 - 2031, USD Thousands
TABLE 53 Rest of North America Capsule Hotel Market by Age Group, 2020 - 2023, USD Thousands
TABLE 54 Rest of North America Capsule Hotel Market by Age Group, 2024 - 2031, USD Thousands
TABLE 55 Rest of North America Capsule Hotel Market by Traveler Type, 2020 - 2023, USD Thousands
TABLE 56 Rest of North America Capsule Hotel Market by Traveler Type, 2024 - 2031, USD Thousands
TABLE 57 Key Information – The Bed KLCC
TABLE 58 Key Information – Pangea Pod Hotel
TABLE 59 Key Information – Riccarton Capsule Hotel
TABLE 60 Key Information – De Bedstee Capsules Hotel B.V.
TABLE 61 Key Information – Nine Hours Inc.
TABLE 62 Key Information – Book & Bed Tokyo
TABLE 63 Key Information – Nadeshiko Hotel
TABLE 64 Key Information – The Capsule Hotel
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Capsule Hotel Market, 2020 - 2031, USD Thousands
FIG 3 Key Factors Impacting the Capsule Hotel Market
FIG 4 Porter’s Five Forces Analysis – Capsule Hotel Market
FIG 5 North America Capsule Hotel Market Share by Booking Mode, 2023
FIG 6 North America Capsule Hotel Market Share by Booking Mode, 2031
FIG 7 North America Capsule Hotel Market by Booking Mode, 2020 - 2031, USD Thousands
FIG 8 North America Capsule Hotel Market Share by Age Group, 2023
FIG 9 North America Capsule Hotel Market Share by Age Group, 2031
FIG 10 North America Capsule Hotel Market by Age Group, 2020 - 2031, USD Thousands
FIG 11 North America Capsule Hotel Market Share by Traveler Type, 2023
FIG 12 North America Capsule Hotel Market Share by Traveler Type, 2031
FIG 13 North America Capsule Hotel Market by Traveler Type, 2020 - 2031, USD Thousands
FIG 14 North America Capsule Hotel Market Share by Country, 2023
FIG 15 North America Capsule Hotel Market Share by Country, 2031
FIG 16 North America Capsule Hotel Market by Country, 2020 - 2031, USD Thousands
FIG 17 SWOT analysis: The Bed KLCC
FIG 18 SWOT analysis: Pangea Pod Hotel
FIG 19 SWOT analysis: Riccarton Capsule Hotel
FIG 20 SWOT analysis: De Bedstee Capsules Hotel B.V.
FIG 21 SWOT analysis: Nine Hours Inc.
FIG 22 SWOT analysis: Book & Bed Tokyo
FIG 23 SWOT analysis: Nadeshiko Hotel
FIG 24 SWOT analysis: The Capsule Hotel