Market Research Future (MRFR) analyzed the global Nap Capsules Market 2020 across the assessment period 2019 to 2026. By 2026, the global nap capsule industry can rise at 6.04% CAGR in the forecast period. The nap capsule market value can reach about USD 255.4 Mn by 2026. The Covid-19 analysis for the nap capsule market offered along with the report. Data dispatched under Covid-19 nap capsule market analysis delivers valuable insights to investors that can assists in decision making. Enjoying good health aids to boost productivity at workspace.
Relaxation is crucial to increase performance threshold during office hours. Thus, increase in installation of nap pods by smart organization and start-ups can favor the expansion of the market through the review period. The introduction of compact nap capsules that offer benefits, such as; less space consumption, portability, and customization are gaining prominence among corporate offices. This can favor the nap capsule market through the study period.
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However, issues related to cost and company’s expenditure can hinder the rise of the nap capsule market in the analysis period.
GOSLEEP (Finland), The SNOOZECUBE (New Zealand), NAPCABS GmbH (Germany), MINUTESUITES (US), SLEEPBOX (US), 9 Hours (Japan) and METRONAPS (Denmark) are some reputed names in the Global Nap Capsule Market that are listed by MRFR.
The segment assessment for the global nap capsules market is done by industry, product type, and channel.
The product type-based segments of the Nap Capsules Market are multiple nap capsule, compact nap capsule, double nap capsule, and single nap capsule. The single nap capsule segment can earn revenue of about USD 122.4 Mn by 2026 from USD 79 Mn in 2020. Single nap capsules are highly adopted by individual users due to their advantages, such as built-in speakers, privacy, and comfort. The increase in sales of single nap capsules across airports can also favor the segment.
The industry-based segments of the Global Nap Capsules Market are corporate offices, hospitals, academic institutes, and airports. The airport segment can rise at 4.72% CAGR through the forecast period. The rise in air passenger traffic and gradual developments of smart workspace are observed as key growth indicators.
The platform-based segments of the global nap capsules market are distributor and direct sales. The distributor segment can rise at 5.61% CAGR through the forecast period. Across the retail sector, distributors are offer benefits, such as reduced transportation costs and enhanced customer service to expand customer base and widen reach. These benefits allow nap capsule manufacturers to trade their products across the sector that can favor the market.
Trends and factors that can influence the regional progress of the global nap capsules market is studied across Europe, North America, APAC, and the Middle East & Africa (EMEA), and South America.
In North America, the nap capsule market value can escalate from USD 70.1 million in 2020 to USD 105.3 Mn by 2026. The regional market can thrive at 5.20% CAGR during the analysis period. The increase in the adoption of nap capsules across airports and corporate areas, along with the presence of notable manufacturers, such as Minute Suites, LLC, and GOSLEEP can favor the market in the region.
In EMEA, the nap capsule market worth can increase from USD 50 Mn to USD 80.4 Mb by 2026. The EMEA nap capsule market can rise at 6.13% CAGR by 2026. The regional market can be driven by increase in the advancements of smart airports due to surge in air traffic.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.