The airport sleeping pods market is expected to be worth US$ 67.70 million in 2023. Demand in the market is expected to reach US$ 108.19 million by 2033, registering an 4.8% CAGR over the forecast period (2023-2033).
The significant investment has been made by the government on airport sleeping pods due to the increase in international business travel. As the travelers are reserving smart sleeping places at airports that offer personnel and relaxing space.
Airport sleeping pods are also known as sleeping cabins, capsule hotels, nap pods or snooze pods, having sleeping spaces in airports where passengers can take rest in between flight halts.
There are different types of airport sleeping pods – starting from nap seats which provide passengers with personal and relaxing space, comprises of Wi-Fi, reading light, power connectors, and larger ones are like tiny hotel rooms, comprises of free shower facilities, workspace, and enhanced airport experience.
Moreover, rise in the concept of smart airports and increase in a number of air passengers are some of the primary factors which will boost the demand for airport sleeping pods in market.
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Reasons for Covering Airport Sleeping Pods
Airport operators are mainly focusing on the development of non-aeronautical facilities being provided to their passengers which will improve the revenue and help them to provide quality service facilities to their passengers.
Passengers traveling with their families may require/ prefer dress changing, baby crib facilities, and others. Further, passengers on business trips may prefer business lounge and other facilities which are free to use such as fax machines, scanning, and others which allow them to work freely. Further, the replacement of public utility models to commercial utility models will have a great impact on the global airport sleeping pods market.
Airport Sleeping Pods Market: Regional Outlook
The evolution of airport sleeping pods in developing countries is estimated to have further growth opportunities in global market. The airport sleeping pods market classified into seven key players: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa.
Countries in the Asia Pacific and Latin America, will play a crucial role in the growth of airport sleeping pods in global market. According to delta airlines survey they described sleep quality very important, respect to other features of airport sleeping pods.
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Regions and Countries Analyzed in the Report
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of LATAM)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
Airport Sleeping Pods Market: Key Players
The global market players of airport sleeping pods consists of some leading players which are as follows:
- Go sleep
- Nap cabs
- Snooze cube
- Minute suites
- Snooze at my place and many others.
KEY DEVELOPMENTS
- Airport sleeping pods present only in some of the leading airports like Charlotte Douglas International airport, as limited number of companies working on this model.
- The growth in aviation industry and with the concept of making smart airports from the last few years has expand the connectivity between the countries, which results in increased number of flights and new routes, this may lead to luxury travel and desire for comfort through special services like airport sleeping pods at affordable prices to passengers.
- The facility of airport sleeping pods has been avail by the Indira Gandhi International airport with the collaboration of snooze at my place.
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Airport Sleeping Pods: Market Segmentation
The global airport sleeping pods market can be categorized on the following basis:
On the Basis of Occupancy
- Single Occupancy
- Shared Occupancy
On the Basis of Product Type
- Single Chair
- Sleeping Beds
On the Basis of Airports
- International
- Domestic
On the Basis of Price Range
- Mass/ Economic
- Premium
On the Basis of End User
- Adults
- Kids
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