Nap Capsules Market Analysis

Global Nap Capsules Market Overview

Nap Capsules Market Size was valued at USD 0.17 billion in 2022. The nap capsules market industry is projected to grow from USD 0.18 Billion in 2023 to USD 0.25 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.04% during the forecast period (2023 - 2030). The growing trend of using sleep pods reduces healthcare costs, boosts productivity, and decreases mistakes are the major market drivers enhancing the market growth. Reasons like rising living standards and a growing emphasis on wellness and health fuel the sector's rise.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Nap Capsules Market Trends

• Rising prevalence of sleep disorders is driving the market growth

Market CAGR for nap capsules is driven by the rising number of sleep disorders. The market for nap capsules is anticipated to develop in the future due to the rising prevalence of sleep disorders. Sleeping pods are frequently used as pharmaceuticals to lessen the cognitive impairment caused by sleep deprivation and improve sleep in the short term because sleep issues impact a person's general health. For example, National Center for Biotechnology Information, a US government agency, predicted in January 2022 that sleep issues would be present in 52.39% of COVID-19 patients, 45.96% of children and adolescents, 42.47% of healthcare professionals, 41.50% of special populations with healthcare needs, 41.16% of university students, and 36.73% of the general population. This suggests that the prevalence of sleep disorders is rising. The rising prevalence of sleep disorders, therefore, drives the market for nap capsules.

Figure 1 Most commonly identified sleep disorders in the American population in percentage

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Nap capsules are an office welcome gift that enables businesses to engage, empower, and retain their staff. A brief break during the workday has been shown to boost employees' creativity and productivity. Workers who get enough sleep take fewer sick days off from work. If employers see the benefits of napping at work, they will keep using sleeping pods. Nearly all companies frowned on workers taking naps at the office for a long time. But many businesses now encourage staff members to nap during the working day. Some businesses, such as Google LLC, have even gone so far as to offer their personnel a nap room or leisure area while they are at work. Over the projected period, these factors will support the expansion of the worldwide nap capsules market. Thus, driving the nap capsules Industry revenue.

Nap Capsules Market Segment Insights

Nap Capsules Type Insights

The nap capsule market segmentation, based on type, includes compact nap capsules, single nap capsules, double nap capsules and multiple nap capsules. The single nap capsules category will hold the biggest Nap Capsules Market share throughout the forecasted period. These devices make it simple and effective for workers, students, or travelers to take a quick 15–20 minute nap. They now have amazing characteristics like light effects and other things, which increase their effectiveness. However, the compact capsules also experienced significant growth. Little sleeping capsules known as "compact energy pods" offer all the necessities, including a bed, air conditioning, Wi-Fi, and a TV. High-end technology is used to produce goods to give customers the most comfort.

Figure 2  Nap Capsules Market by Product Type, 2022 & 2030 (USD billion)

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

 Nap Capsules Industry Insights

The  nap capsules market segmentation, based on industry, includes hospitals, corporate offices, airports and academic institutes. In 2022, the airport sector was the largest user of nap capsules. One of the primary elements projected to support the market is the rise of smart landing fields with passenger-friendly amenities and various air passengers and transit flights.

For instance, August 2022 The Airports Authority of India (AAI) inaugurated sleeping pods for transit travelers at Chennai airport. The sleeping pod, often known as the 'capsule hotel,' is located near luggage belt number one and features four bed-sized capsules. Sleepzo is offered by the hour and features reading lamps, a charging station, a USB charger, luggage space, ambient light and air control, and a soft bed. According to a press release, each capsule can accommodate one person (and a child if they are under the age of 12), providing complete repose to the fatigued passenger.

For instance, in 2022, the corporate sector witnessed the fastest growth rate due to increased knowledge of the advantages of power naps and their ability to increase productivity. Furthermore, increased demand for nap capsules from various businesses is anticipated due to the growing emphasis on human welfare.

Nap Capsules Regional Insights

By Region, the report provides market insights into Asia-Pacific, North America, Europe, and Rest of the World. The North American nap capsules market area will dominate this market. This can be linked to the region's early availability of cutting-edge technologies, growing awareness of nap pods, and high levels of consumer discretionary wealth. By 2035, almost 10,000 airplanes are anticipated to be in service in North America, presenting prospects for nap capsule businesses in the region. Several regional airlines are now investing in nap capsules to provide better services and comfort to passengers. With the rising acceptance of natural therapies like yoga and meditation, there is a significant demand for sleeping pod services in North America.

Further, the leading countries studied in the market report are Canada, U.S., France, German, Italy, UK, China, Spain, Japan, India, Australia, South Korea, and Brazil.

Figure 3  NAP CAPSULES MARKET SHARE BY REGION 2022 (%)

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Europe’s nap capsules market accounts for the second-largest market share. The market for nap capsules is steadily growing in Europe, one of the continents with the most developed airport infrastructure, the most international airports, and the biggest tourist destinations. The aging population in this area greatly impacts the expansion of the European nap capsules Industry. In 2022, 21.1% of EU citizens were 65 years of age or older. Further, the German nap capsules market held the largest market share, and the UK market was the rapidly-growing market in the region.

The Asia-Pacific Nap Capsules Market is expected to grow at the fastest CAGR from 2023 to 2030. Growing smart city initiatives and increased air travel in emerging economies are two key drivers propelling the Asia Pacific market's expansion. For the fiscal year 2022, more than 105 million people flew into and out of India. Compared to the prior year, there was a significant increase. Moreover, China’s nap capsules Industry held the largest market share, and the Indian nap capsules market was the fastest-growing market in the region.

Nap Capsules Key Market Players & Competitive Insights

Leading market players are investing largely in research and development to expand their product lines, which will help the nap capsules market grow even more. Market participants are also undertaking various strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the nap capsules industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  nap capsules industry to benefit clients and increase the market sector. In recent years, the nap capsules industry has offered some of the most significant advantages to medicine. Major players in the nap capsules market, including Sleepbox (US), The Snooze Cube (New Zealand), MinuteSuites (US), GoSleep (Finland), and others, are attempting to increase market demand by investing in research and development operations.

Eight Sleep is a sleep fitness device maker and retailer that aims to improve sleep through tailored temperature, smarter data, and patented technologies. The company's solutions use innovation, technology, and personal biometrics to help people regain their peak energy levels in the morning while allowing users to monitor and track their sleep. In 

For instance,July 2022, Eight Sleep, the world's first sleep fitness firm, released Pod 3, a new iteration of its award-winning sleep technology. Pod 3 has a new quad-core Processor and sensor system enhancements, allowing for more precise biometric and health tracking with double the number of sensors and 4000x higher resolution. The novel sensor system achieves 99% heart rate detection accuracy compared to the clinical reference.

Airport Dimensions, also known as Airport Lounge Development, operates passenger lounges and airport experiences. It operates a network of airport lounges across Europe, United States, and the Middle East. Collinson, a  leader in consumer rewards and loyalty, owns Airport Dimensions. Collinson provides great travel, insurance, and assistance products that offer value propositions and loyalty solutions that help customers build deeper, more valued relationships. 

For instance,In July 2020, Airport Dimensions announced the acquisition of Onground Hospitality and the sleep 'n fly trademark. The transaction would broaden Airport Dimensions' portfolio of dedicated airport products and services, boosting the passenger experience through lounge areas and expanding the company's position in the Middle East.

Key Companies in the nap capsules market include

• GoSleep (Finland)


• napcabs GmbH (Germany)


• The Snooze Cube (New Zealand)


• MinuteSuites (US)


• 9 Hours (Japan)


• Sleepbox (US)


• MetroNaps (Denmark).

Nap Capsules Market Segmentation

Nap Capsules Product Type Outlook

• Compact Nap Capsule


• Single Nap Capsule


• Double Nap Capsule


• Multiple Nap Capsule

Nap Capsules Industry Outlook

• Hospitals


• Corporate Offices


• Airport


• Academic Institutes

Nap Capsules Channel Outlook

• Direct Sales


• Distributor

Nap Capsules Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

Nap Capsules Industry Developments

For instance, July 2022 The Indian Railways has opened a sleeping pod hotel at Mumbai's Chhatrapati Shivaji Maharaj Terminal (CSMT). There are 40 pods, including 30 singles, 6 doubles, and four family pods. The Pod Hotel offers full privacy, mobile charging, a locker room, a fire alarm, an intercom, and superior toilet and bathroom facilities.

For instance, October 2020 Minute Suites announced the opening of a new location in Terminal D of Nashville International Airport (BNA). Minute Suites has been providing customers with a hospital-grade clean retreat from the noise and activity of huge airport terminals for many years. Although the epidemic has slowed development and openings, Minute Suites remains on target to open numerous new locations in the coming months.