PUBLISHER: IMARC | PRODUCT CODE: 1451786
PUBLISHER: IMARC | PRODUCT CODE: 1451786
The global sleeping pods and cabin market size reached US$ 249.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 292.4 Million by 2032, exhibiting a growth rate (CAGR) of 1.71% during 2024-2032. The need for comfort and convenience during travel, the growing trend toward wellness and self-care, and the increasing popularity of compact and efficient living spaces represent some of the key factors driving the market.
Sleeping pods and cabins are compact, enclosed spaces designed for sleeping or resting. They are small, capsule-like units that usually contain a bed, lighting, ventilation, and sometimes a television or other entertainment system. They offer a quiet and private environment for sleeping or relaxing. Sleeping pods are often used in airports and other transportation hubs to provide passengers with a place to rest during long layovers or delays. Cabins, on the other hand, are slightly larger enclosed spaces that may include additional features such as a bathroom, kitchenette, and seating area. They are often used in hotels or other accommodations as separate living spaces or as standalone units. Cabins can also be used in transportation settings such as trains or cruise ships to provide passengers with a private sleeping or living area. Both sleeping pods and cabins offer several advantages such as privacy, comfort and convenience, and provide travelers with a place to rest and recharge during their journey. Additionally, they can help reduce the stress and discomfort associated with travel, allowing passengers to arrive at their destination feeling refreshed and energized.
One of the primary factors driving the market is the augmenting demand for comfortable and private spaces for travelers during their journey. Airports, train stations, and other transportation hubs can be noisy and crowded, making it difficult to rest or relax. As a result, sleeping pods and cabins are gaining popularity to provide passengers a quiet and comfortable space to rest, thereby reducing stress and improving the overall travel experience. Additionally, the growing trend toward wellness and self-care is creating a positive market outlook. Numerous travelers are seeking ways to maintain their physical and mental health while on the go. Other than this, the increasing popularity of compact and efficient living spaces is escalating the demand for sleeping pods and cabins due to rapid urbanization and growing population. Besides this, the growing need for affordable and flexible accommodations has accelerated the sales of sleeping pods and cabins as they are easily integrated into sharing economy platforms such as Airbnb, allowing property owners to offer private and comfortable spaces for travelers at a reasonable cost. In line with this, with the growing emphasis on sustainability and eco-friendliness several leading manufacturers are developing sleeping pods and cabins using sustainable materials, making them a more environment-friendly option than traditional accommodations. Furthermore, the outbreak of coronavirus disease (COVID-19) pandemic has also contributed to the demand for sleeping pods and cabins, as travelers seek out private and hygienic spaces that minimize the risk of exposure to the virus. Moreover, the growth of the global tourism industry is creating lucrative growth opportunities for the key players operating in the industry as more people travel domestically and internationally, thus increasing the need for comfortable and affordable accommodations in a variety of settings, from transportation hubs to remote destinations.
IMARC Group provides an analysis of the key trends in each segment of the global sleeping pods and cabin market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on the service type and end user.
Pods
Cabins
The report has provided a detailed breakup and analysis of the sleeping pods and cabin market based on the type. This includes pods and cabins. According to the report, cabins represented the largest segment.
Airports
Hotels
Others
A detailed breakup and analysis of the sleeping pods and cabin market based on the end user has also been provided in the report. This includes airports, hotels, and others. According to the report, airports accounted for the largest market share.