World Sleeping Aids Demand to Reach US$122 B by 2027 | Market Research Report 2022-2027 by Industry Experts, Inc.
Industry Experts, Inc. released the market research report on Sleeping Aids. The report entitled " Sleeping Aids – A Global Market Overview " reveals that the sleep disorder Insomnia will lead the global Sleeping Aids market with a projected CAGR of almost 9% between the period 2022 and 2027. While North America is the largest market for Sleeping Aids, Asia-Pacific is expected to grow faster with over 9% CAGR during the aforementioned period. The COVID-19 pandemic that struck the world towards end-2019 and beginning-2020 left a telling adverse impact on several sectors, though the Sleeping Aids market was able to maintain some semblance of equanimity. One of the most critical outcomes of the pandemic was the widespread announcement of lockdowns across the globe, due to which people were compelled to work from home and several individuals also lost their jobs, as companies resorted to cost-cutting measures to maintain some level of profitability in business. These factors hav...