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    Sleep Mask Market Growth & Forecast

    Sleep Mask Market Growth & Forecast
    Report code - SRCG181 Delivery - 2 Weeks
    Sleep Mask Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028
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    Market Insights

    The Sleep Mask Market is estimated to grow from USD 15.12 million in 2021 to USD 20.49 million by 2028 at a healthy CAGR of 4.42 % during the forecast period.

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    What is a sleep mask?

    Sleep masks, also known as eye masks, help a person to sleep faster. Sleep masks cover both eyes and block incoming light, thus creating complete darkness which helps the users to sleep comfortably. A sleep mask is an affordable and easy-to-use product and can help to avoid using sleeping pills or medication to fall asleep.

    These masks are typically made of soft fabric and cushion material and are designed with the intention to blindfold both eyes. Sleep masks are widely used during air travel and are popular among persons who want to nap during daylight hours.

    Sleep Mask Market Features

    Market Size in 2028

    USD 20.49 Million

    Market Size in 2021

    USD 15.12 Million

    Market Growth (2022-2028)

    CAGR of 4.42%

    Base Year of Study

    2021

    Trend Period

    2017-2020

    Forecast Period

    2022-2028

    Segments Covered

    By Product Type (Regular, Contoured, Wrap Around, and Others)

    By Distribution Channel Type (Offline, Online)

    By Region (North America, Europe, Asia-Pacific, and Rest of the World)

    Dominant Region

    North America holds a share of more than 58% in 2021.

     

    Drivers

    The sleep mask market is mainly driven by:

    • Growing travel and tourism industry along with the increasing number of people having sleeping disorders because of fluctuating climate patterns and hectic lifestyles.
    • An increasing number of travelers opting for long tours, require sleep while flying during daylight hours due to differing time zones.
    • The growth in industrialization and rise in economic activity that provides workers work in night shifts, such as business process outsourcing (BPO) professionals, nurses, engineers, and security guards also require sleep masks which have been gaining traction among different regions of the world.

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    Key Players

    Some of the major manufacturers are-

    Segment Analysis

    Product Trends

    The market is segmented as regular, contoured, wrap-around, and others. Regular sleep masks share more than 58.8% in 2021. Regular sleep masks create a perfectly dark environment and shield eyes from all sources of light such as lamps, television, laptop, and natural lights, along with providing sound sleep to consumers.

    The popularity of regular sleep masks is mainly because it is convenient to carry, owing to which it is expected to lead the market during the forecast period.

    Distribution Channel Trends

    The market is segmented as offline and online. The offline distribution channel share more than 73.7% in 2021. The dominance of the segment is mainly due to an increasing number of supermarkets and hypermarkets offering more options for consumers to make a perfect purchase decision.

    Regional Analysis

    North America holds a share of more than 58% in 2021 with the USA, Canada, and Mexico being the countries with lucrative growth opportunities.

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    The growth of the region’s market is mainly driven by an increasing number of individuals suffering from sleep disorders such as insomnia and sleep apnea in the region.

    Segmentation

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market. 

    The market is segmented into the following categories. 

    By Product Type:

    • Regular 
    • Contoured 
    • Wrap Around 
    • Others 

    By Distribution Channel Type:

    • Offline 
    • Online 

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and the Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and the Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    Report – Features

    Market Segmentation

    3

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

    The following are the key features of the report:

    • Overview, industry life cycle analysis, supply chain analysis.
    • Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Trend and forecast analysis.
    • Segment trend and forecast.
    • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

    Research Methodology

    This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2022 to 2028. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.

    More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

    We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

    Target Audience

    The target audience of Sleep Mask Market includes-

    • Vendors
    • Manufacturers
    • Distributors
    • Organizations
    • Government Bodies.

    Critical Questions Answered in the Report

    This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global market. The historic years considered for the study are 2017-2020, the base year is 2021, the estimated year is 2021, and the forecast period is 2022-2028. The following are the critical questions answered in the report.

    • What are the key trends in the global market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global market?
    • What are the key strategies adopted by the major vendors to lead in the global market?
    • What is the market share of the top vendors?

    Customization Options

    Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the product types & by distribution channel type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    Sleep masks, also known as eye masks, help a person to sleep faster. Sleep masks cover both eyes and block incoming light, thus creating complete darkness which helps the users to sleep comfortably. A sleep mask is an affordable and easy-to-use product and can help to avoid using sleeping pills or medication to fall asleep. These masks are typically made of soft fabric and cushion material and are designed with the intention to blindfold both eyes. Sleep masks are widely used during air travel and are popular among persons who want to nap during daylight hours.

    Dream Essentials, LLC, Sleep Master, LC Industries, Inc., Alaska Bear, HappyLuxe, Sonoma Lavender Co., Earth Therapeutics, LumosTech, Inc., PrettyCare, and Nidra Goods are among the key players in the market.

    Growing travel and tourism industry along with the increasing number of people having sleeping disorders because of fluctuating climate patterns and hectic lifestyles. An increasing number of travelers opting for long tours, require sleep while flying during daylight hours due to differing time zones. The growth in industrialization and rise in economic activity that provides workers work in night shifts, such as business process outsourcing (BPO) professionals, nurses, engineers, and security guards also require sleep masks which have been gaining traction among different regions of the world.

    The Sleep Mask Market is estimated to grow from USD 15.12 million in 2021 to USD 20.49 Million by 2028 during the forecast period.

    The Market is estimated to grow at a healthy CAGR of 4.42 % during the forecast period.

    The North American market accounted for a significant share of more than 55%% in 2021 and is expected to grow at a robust CAGR during the review period.

    The target audience of Market includes- Vendors Manufacturers Distributors Organizations Government Bodies.