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Global Nap Pod Market to Witness a Steady Growth During 2021-2026, Aided by the Growing Airport Sleeping Pods Industry

According to a new report by EMR titled, ‘Global Nap Pod Market Report and Forecast 2021-2026’, the market is being aided by the growing airport sleeping pods market, which is expected to grow at a CAGR of 5.5% between 2021 and 2026.

The global nap pod industry is expected to register a significant growth in the forecast period. The increasing awareness about the benefits of power naps at the workplace, such as improved productivity and health and talent retention of employees, is expected to increase the demand for nap pods in the corporate sector and lead to the growth of the global nap pod industry. Moreover, the increasing use of nap pods at the airport to create a resting space for passengers is expected to enhance the demand for the product over the forecast period. In addition, the advantages offered by nap pods over other standard techniques, such as ergonomic perfection, privacy visor, interface console, timed waking facility, and built-in speakers, are also expected to improve their sales and drive the global nap pod industry.

The growing R&D activities by the manufacturers and their increasing collaboration with airport authorities and corporate offices are expected to enhance the market growth. For instance, JetBlue Airways Corporation (NASDAQ: JBLU) revealed JetNap energy pods in New York City’s JFK airport terminal, which looks like a high-tech reclining chair that decreases distractions and brings relaxation. In another case, Charlotte Douglas International Airport announced the introduction of nap pods, including a shower, a computer, a TV, and a sofa bed, for travellers who wish to take a relaxing nap. Such developments are expected to significantly aid the market growth in the forecast period.

Market Analysis by Product Type, End Use, and Region:

  • The market on the basis of product type can be divided into single, double, multiple, compact, and others.
  • Based on end use, the industry can be divided into hospital, airport, corporate office, academics, and others.
  • The regional markets for nap pod include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The growing technological advancements and the benefits offered by these nap pods are expected to drive the market growth.
  • The growing investments to deploy nap pods at airports as the ‘pay-as-you-go’ sleeping spaces are likely to propel the industry. 
  • The increasing need for capsule hotels is anticipated to have a positive impact on the progress of the industry.
  • North America, due to the presence of advanced technology and ongoing infrastructural development in the region, is expected to provide the industry with immense growth opportunities.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for nap pod for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the product types, end uses, and regions of nap pod.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global nap pod market are GoSleep, MetroNaps, Minute Suites LLC, Sleepbox, and SAMS Snooze at My Space, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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