Global Airport Sleeping Pods Market, By Product Type (Single Occupancy, Shared Occupancy), By Stay Hours (Less than 2 hours, More than 2 hours), By Price Range (Economic, Premium), By Region, Competition, Forecast & Opportunities, 2018-2028F

Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization
Forecast Period2024-2028
Market Size (2022)USD60 Million
CAGR (2023-2028)5.05%
Fastest Growing SegmentPremium
Largest MarketNorth America

Global Airport Sleeping Pods market is witnessing rapid growth and is expected to grow at a significant growth rate in the coming years. This growth is attributed to the rising number of international tourists and business travelers across the globe. Moreover, many hotels do not offer hourly stay to their customers, and thus, this gap is now being filled by sleeping pod companies which are offering hourly stay for their customers. This not only helps the consumer to save money but also helps them relax themselves in the case of flight delay or long layovers.

Global Airport Sleeping Pods Market Scope

Airport sleeping pods are capsules-shaped beds that are installed in various airports around the globe. These pods offer a resting and sleeping environment for travelers and can accommodate one or multiple passengers. Common features of airport sleep pods include compartments for baggage, power sockets for the charging of electronic devices, and lamp lights for book-reading. Airport sleeping pods are found at in a wide range of sizes, some of which are so large that they can be sometimes called mini hotels.

Global Airport Sleeping Pods Market Overview

The average layover time for domestic flights is 60-90 minutes and around 2-3 hours for international flights. Hence, to counter with these high layover hours, many consumers prefer to spend their time in sleeping pods, which significantly contributes to the growth of sleeping pods market, globally.

Global Airport Sleeping Pods Market Drivers

Why are those airport sleeping pods suddenly so popular? Well, it seems like everyone's on the move! We're seeing a huge surge in both leisure and business travel. Think about itBack in 2022, there were around 460 million business travelers. And get this – according to data from a United States agency for tourism, over 900 million tourists took international trips that same year! Plus, now that things are opening up after the pandemic, about 235 million people traveled internationally in just the first three months – that's more than double what it was during the same period in 2022. So, with all this travel for fun and work, it makes sense that people want somewhere to crash and catch some Zzz's, right? That's where the sleeping pods come in handy – a nice little space to rest and recharge.

Let's face it, flight delays are a total pain! And that's a big reason why you see more and more people using those sleeping pods. I mean, Forbes reported just last June that around 30,000 flights are delayed every single day worldwide, with 7,000-9,000 of those happening right here in the United States. Plus, with flying becoming cheaper and more common, airports are just packed. So, if you're stuck with a long layover and really need to catch some Z's but don't have access to a comfy place to sleep, those sleeping pods start to sound pretty good, right? They give you a little private and safe space to chill out while you wait.

Global Airport Sleeping Pods Market Trends

The increased spending by governments to boost airport infrastructure is expected to contribute to the market growth of sleeping pods market, globally. For instance, in 2022, the United States government announced a funding of around USD1 billion to improve 85 airports across the country. The global market is projected to experience a significant increase in revenue due to the development of innovative products to enhance the quality of passenger services, globally. Additionally, the demand for high-end airport services among individuals, is expected to increase significantly.

The market for smart airports offering all sorts of cool services for passengers is set to boom over the next ten years, mainly because people everywhere are really liking and using what's already out there. Plus, with more and more people flying, we're expecting to see more demand for comfy waiting areas and even those capsule hotels right in the airport! And here's a thoughtif a company teams up with airlines or hotels, think of the cross-promotion they could do! Airlines could advertise these sleeping pods to their travelers, and hotels could boost their brand by offering pod services at the airport. Imagine offering travelers completely awesome customizable features like lighting, temperature, and privacy—all tailored to what they want. People love having things personalized, and that's what would really make a business stand out.

MIR Ghrap2

Global Airport Sleeping Pods Market Challenges

However, the main barriers to growth in the global market are high manufacturing and maintenance costs. Many airports have strict regulations regarding safety of electrical equipment inside the premises of airports, which further creates challenges for sleeping pods companies to set-up their pods inside the airport.

Furthermore, restricted airport space availability and limited number of pods are creating a significant barrier for the growth of sleeping pods market globally as there might be a situation that the company might be able to provide sleeping pods service for limited passengers only, during peak hours. Thus, it eventually reflects a negative image of the brand in front of the consumer and can further restrict the market growth in the coming years.

Company Insights

  • In 2023, sleep n’ fly launched their sleeping pod service at Hamad International Airport, Doha, after their successful run in Dubai.
  • In 2022, the Chennai Airport, India gets sleeping pod facility “Sleepzo” which is equipped with four bed sized capsules and has amenities like reading lights, charging station, USB charger, luggage space, ambient light & blower control, and can accommodate one adult and a kid.
  • In 2022, an Italian startup namely “Zzzleepandgo” started rentable sleeping pods facility at Vienna airport. The sleeping pods are equipped with USB ports, free W-Lan as well as shelves and a foldable table. The pods also feature a multimedia entertainment system to stream films and music as well as to control ventilation, lighting, and to darken the room.

Market Opportunities

  • As air travel continues to grow, there’s a growing need for comfortable resting places at airports. Many travelers experience extended layovers, late flights, or even overnight stays, making sleeping pods as a convenient solution. By providing sleeping pods at airports, the company can significantly enhance the passenger experience. Passengers will be able to relax, rest or sleep in private while on the go. This will lead to improved customer experience and loyalty. By partnering with airports, the company can create a win-win situation as the airport amenities and services can be improved by providing sleeping pods. Businesses can benefit from a large client base and prime location within airports.  Furthermore, advanced sleeping pod systems are the result of cutting-edge technology. Smart controls, entertainment, wireless charging and personalization are just a few features out of many, that can improve the overall user experience.
  • As air travel continues to grow around the world, there is a potential to expand the use of sleeping pods to new and developing markets. For instance, airports in developing countries or areas with a high level of tourist activity could be potential markets for expansion. Although sleeping pods are the main focus of the airport pod market, there is scope for diversification. For instance, workspaces, meeting areas, or relaxation areas can be incorporated into the pod designs to meet the needs of a wider range of passengers. Additionally, incorporating sustainable features into sleeping pod designs can draw in environmentally conscious travelers. Utilizing eco-friendly materials and energy-efficient systems as well as implementing recycling programs can help to improve the environmental impact of the airport. Furthermore, providing additional services such as luggage storage, showers, and food and beverage options near the sleeping pods can improve the convenience of passengers and provide additional revenue streams.

Market Segmentation

The global airport sleeping pods market is segmented based on product type, stay hours and price range. Based on product type, the market is divided into single occupancy, shared occupancy. On the basis of stay hours, the market is fragmented into less than 2 hours and more than 2 hours. Furthermore, on the basis of price range, the market is divided into economic, premium.

Company Profiles

SleepCare Investment, Inc., Minute Suites, LLC, Napcabs GmbH, Urban Pod Private Limited, Nine Hours Inc., Sleep 'n fly, i20 LLC (Metronaps), SAMS Snooze At My Space Private Limited., are some of the major companies operating in the global airport sleeping pods market.

AttributeDetails
Base Year2022
Historic Data2018 – 2021
Estimated Year2023
Forecast Period2024 – 2028
Quantitative UnitsValue in USD Million, CAGR for 2018-2022 and 2023-2028
Report CoverageRevenue forecast, company share, competitive landscape, growth factors, and trends
Segments CoveredProduct TypeStay HoursPrice RangeRegion
Regional scopeNorth America, Asia-Pacific, Europe, South America, Middle East & Africa
Key Companies ProfiledSleepCare Investment, Inc., Minute Suites, LLC, Napcabs GmbH, Urban Pod Private Limited, Nine Hours Inc., Sleep 'n fly, i20 LLC (Metronaps), SAMS Snooze At My Space Private Limited
Customization scope10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase optionsAvail customized purchase options to meet your exact research needs. Explore purchase options
Delivery FormatPDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
MIR Regional

Report Scope

In this report, global airport sleeping pods market has been segmented into the following categories, in addition to the industry trends which have also been detailed below

  • Global Airport Sleeping Pods Market, By Product Type
    • Single Occupancy
    • Shared Occupancy
  • Global Airport Sleeping Pods Market, By Stay Hours
    • Less than 2 Hours
    • More than 2 hours
  • Global Airport Sleeping Pods Market, By Price Range
    • Economic
    • Premium
  • Global Airport Sleeping Pods Market, By Region
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
    • Middle East & Africa
      • Saudi Arabia
      • UAE
      • Turkey
    • South America
      • Brazil
      • Colombia

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.