Capsule Hotels Market 2022-2027 Size, Share, Trends, Analysis, Top Key Players

According to the latest report by IMARC Group, titled “ Capsule Hotel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the global capsule hotel market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global capsule hotel market reached a value of US$ 78.41 Million in 2021 . Looking forward, IMARC Group expects the market to reach a value of US$ 274.18 Million by 2027 exhibiting a CAGR of 12.20% during 2022-2027 . A capsule hotel, alternatively known as a pod hotel, is a compact accommodation facility equipped with all basic amenities. It typically comprises of wood, metal, and other rigid materials, including plastic and fiberglass. Capsule hotels are generally arranged in rows and are furnished with single or double beds, common washrooms, a locker facility, alarm clock, charging sockets, etc. They prov...