Sleep Mask Market to Witness Huge R&D Investment in the Coming Years


Posted April 30, 2020 by factmr

The global sleep mask market is expected to grow at a stable CAGR of up to 4% from 2019 to 2029.
 
The sleep mask industry is projected to rise at a moderate CAGR of 4% between 2019 and 2029. Rising concerns over diseases associated to sleep issues, and the resultant dependency on medication are the primary factors driving sales. Awareness about the importance of zero light sleep practices will continue to aid the growth of the sleep mask market. This promising growth outlook can also be attributed to substantial investments in product development and digital marketing, reveals Fact.MR in its new study.

“Sleep masks are gaining popularity among long distance travelers. Rising numbers of affordable flights and the expansion of the travel industry is propelling growth,” concludes the Fact.MR report.

Request PDF Sample of the 170-page report on the sleep mask market – https://www.factmr.com/connectus/sample?flag=S&rep_id=4523

sleep mask market analysis by region and product type

Sleep Mask Market – Key Takeaways

Regular sleep masks remain bestsellers, followed closely by contour sleep masks.
Offline channels of distribution will account for 75% of the market share, while online alternatives gain rapid traction.
Wrap-around sleep masks are set to offer lucrative opportunities to leading players through the end of the forecast period.
North America continues to hold a major market share, followed by Europe and East Asia.
Innovative products such as IoT (or connected) and REM sleep masks will gain substantial traction in the near future.
Sleep Mask Market – Key Driving Factors

Rising cases of sleep related diseases and conventional medical dependencies is driving adoption.
The prevalence of alternative treatments against pharmaceutical products have sustained market growth.
Strategic collaborations by manufacturers with sleep science professionals and travel service businesses are pushing the sleep mask market.
New tech features such as skin friendly material, and the integration of smart technologies contribute to sales.
Sleep Mask Market – Key Constraints

Difficulties associated with claustrophobia and consumer comfort is still a challenge facing manufacturers.
For More Detailed Information about Methodology @ https://www.factmr.com/connectus/sample?flag=RM&rep_id=4523

Competition Landscape

The global sleep mask market is moderately fragmented. The leading players profiled in the report include, but are not limited to Nidra, Royal Philips, EcoTools, Dream Essentials, LumosTech Inc., LC Industries Inc., Earth Therapeutics, Happy Luxe, Sonoma Lavender Co, Sleep Master, and Alaska Bear. Market leaders are investing in online distribution channels to leverage the benefits of ecommerce platforms. Market players are also channeling their efforts towards building partnerships with complementary businesses, as indicated by the Fact.MR report.

About the Report

This 170-page study offers readers a comprehensive market forecast of the sleep mask market. Global, regional and country level analysis of the latest industry trends impacting the sleep mask market are covered in this Fact.MR study. The report offers compelling insights on the sleep mask market on the basis of product type (regular, contoured, wrap-around and others), distribution channel (offline and online), across six regions (Middle East and Africa, South Asia & Oceania, East Asia, Europe, Latin America, North America).

Press Release- https://www.factmr.com/media-release/1299/global-sleep-mask-market
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Ram S
Phone 016111593
Business Address Unit No: AU-01-H Gold Tower (AU),Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai
Country United Arab Emirates
Categories Business
Tags sleep mask , sleep mask market
Last Updated April 30, 2020