Capsule Hotel Market to Reach USD 252.9 Million by 2033

The global capsule hotel market was valued at USD 117.4 million in 2024 and is projected to reach USD 252.9 million by 2033, growing at a CAGR of 8.46% from 2025 to 2033. This growth is driven by the increasing number of solo travelers, millennials, and digital nomads seeking unique and cost-effective lodging options. Factors such as the rising importance of affordability in travel choices and urbanization leading to high real estate costs are also contributing to the market's expansion.