What is the global market size of Sleeping Pods Market?

Global Sleeping Pods Market was valued at USD 65.30 million in 2021, and it is expected to reach a value of USD 84.07 million by 2028, at a CAGR of 4.3% over the forecast period (2022-2028). Read More

What is the key driver of Global Sleeping Pods Market?

The higher price of the sleeping pod, as well as the limited number of manufacturing players, may stifle demand and limit the global market growth. Today, the average cost of sleeping is between $8,000 and $12,000. The price is exorbitant and out of reach for most people and potential buyers. As a result, the majority of the demand for sleeping pods comes from businesses, corporate offices, luxury hotels, airports, and recreational facilities. Read More

Sleeping Pods Market Size, Share, Growth Analysis, By Module(Compact Sleeping Pod, Single Sleeping Pod, Double Sleeping Pod, Multiple Sleeping Pod), By Application(Hospitals, Corporate offices, Airport, Academics), By End User(Children, Adults), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35A2847 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 92 | Figures: 76

Sleeping Pods Market Regional Insights

In 2021, North America dominated the global sleeping pods market and is expected to do so during the forecast period. This is due to the region's early access to advanced technologies, increased awareness of nap pods, and high consumer disposable incomes. In 2021, US airlines carried 674 million passengers (not seasonally adjusted), an increase of 82.5% over 2020. (369 million, unadjusted). In the US, the cost of a one-hour stay is $42. (Which is the minimum). If guests need more sleep (more than eight hours), they can rent a pod for around $155.

Due to rising product demand from various industries, Europe also has a significant share of the industry. Meanwhile, the Asia Pacific region is expected to provide lucrative growth opportunities for the sleeping pods market during the forecast period as a result of increased awareness about the benefits of nap pods and increased technological acceptance in the region, especially in India, China, and Japan.

Sleeping Pods Market Report Snapshots

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Global Sleeping Pods Market size was valued at USD 1.83 Billion in 2019 and is poised to grow from USD 2.02 billion in 2023 to USD 4.49 billion by 2031, at a CAGR of 10.50% during the forecast period (2024-2031).

Global sleeping pods market is at the nascent stage, but becoming increasingly competitive as more and more companies enter the market. This is because their benefits are becoming more widely known and they are seen as a valuable addition to any workplace. 'GoSleep', 'NapCabs GmbH ', 'AirPods Sleeping Pod', 'SnoozeCube Sleeping Pods', 'Sleepbox Sleeping Pods', 'Minute Suites Sleeping Pods', 'Yotel Sleeping Pods', 'Podtime Sleeping Pods', 'Jetquay Sleeping Pods', 'MetroNaps Sleeping Pods', 'Dream and Fly Sleeping Pods', 'SNOOZE at Hotel Jen Sleeping Pods', 'Sleep'nFly Sleeping Pods', 'Snooze KLIA Sleeping Pods', 'Sleep Lounge Sleeping Pods', 'Sleepy Panda Sleeping Pods', 'Cabinpod Sleeping Pods', 'ZZZleepandGo Sleeping Pods', 'Sleep Green Certified Sleeping Pods', 'Zzzleepy Sleeping Pods'

Technology is advancing at an increasing pace and there are more people than ever encouraging these advancements. Sleep science has become increasingly popular the last decade and nowadays people are waking up to the idea of power naps as a way to refresh their minds and bodies. It's no surprise that sleeping pods have become so popular for taking powernap, because they offer workers a break from the rigors of their daily schedule. This, in turn, is benefiting the employers in terms of higher productivity, lower attrition rate, and more happy faces.

Innovative product launches with new features such as oxygen therapy, meditation music, ventilated seat, and zero gravity seat to spur growth of the market.

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Sleeping Pods Market Size, Share, Growth Analysis, By Module(Compact Sleeping Pod, Single Sleeping Pod, Double Sleeping Pod, Multiple Sleeping Pod), By Application(Hospitals, Corporate offices, Airport, Academics), By End User(Children, Adults), By Region - Industry Forecast 2024-2031

Sleeping Pods Market Regional Insights

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