Sleep Mask Market 2024-2028: Size and High trade tariffs and stringent regulations; growth driven by the Distribution Channel, Some of key Companies Positioned Strategically

The sleep mask market size by Distribution Channel (Offline and Online) and Geography (Europe, North America, APAC, Middle East and Africa, and South America), is forecast to increase by USD 1568 million. The market is expected to grow at a CAGR of   4.5% between 2024 and 2028.

• The global sleep mask market is significantly influenced by trade regulations and tariffs, particularly in the Beauty and Personal Care Products (BPC) sector. BPC manufacturers, including those producing sleep masks, heavily rely on open markets. The imposition of a 25% additional duty on BPC imports into the US has negatively impacted market growth. This tariff, imposed by countries like the US, Canada, and Turkey, has added to the challenges faced by the industry. Stringent trade regulations not only affect market revenues but also hinder the growth of the sleep mask market due to increased production costs and potential decreased demand. It is crucial for industry players to stay informed of regulatory changes and adapt accordingly to mitigate potential risks and maintain profitability.
• The sleep mask market represents a significant business opportunity, driven by the increasing prevalence of sleep disorders and the growing awareness of the importance of quality sleep. Key players in this market include 3M, Bedsure, and MZ Skin Care, who offer a range of innovative and effective sleep masks to cater to diverse consumer needs. Market growth is expected to continue, fueled by technological advancements and consumer demand for improved sleep quality.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Bedtime Bliss
• Bucky
• Earth Therapeutics
• EcoTools
• HappyLuxe
• HIBERMATE
• Jersey Slumber Eye Masks
• Lumos Sleep
• LUNYA
• Mavogel
• Nidra Sleep
• Pepkor Holdings Ltd.
• PrettyCare
• Slip Silk Pillowcase LLC.
• Sonoma Lavender
• Swanwick Sleep
• Tempur Sealy International Inc.
• Wild Essentials LLC.
• WUMINGLU
• ZimaSilk.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/