Key Takeaways
- The global sleep market was valued at USD 413.67 billion in 2021 and is expected to grow at a CAGR of 6.3% from 2022 to 2030.
- U.S. sleep aids market size was USD 39.6 billion in 2022, projected to reach USD 59.2 billion by 2030 at a CAGR of 5.2%.
- The mattress market worldwide is forecasted to grow from USD 41.3 billion in 2023 to USD 59.8 billion by 2030, at a CAGR of 5.4%.
- 35% of U.S. adults report using sleep aids occasionally in 2023 surveys.
- 62% of Americans say they need 7-9 hours but get less than 7 on weekdays.
- Women are 20% more likely than men to experience insomnia, per 2023 Gallup poll.
- U.S. mattress-in-a-box sales hit 35% market share in 2023.
- Tempur-Pedic brand holds 12% U.S. mattress market share 2023.
- Purple mattress revenue USD 550 million in 2022.
- Sleep Number adjustable beds sales up 18% YoY in 2023 Q1.
- 30% of U.S. adults suffer from sleep disorders like apnea.
- Insomnia affects 10-30% of global adult population annually.
- Poor sleep linked to 20% higher risk of heart disease.
- Global sleep tech devices market to reach USD 49.23 billion by 2030.
- AI-powered sleep coaches in apps used by 15 million users 2023.
The massive sleep industry is booming because people worldwide are struggling to get proper rest.
Consumer Behavior and Preferences
- 35% of U.S. adults report using sleep aids occasionally in 2023 surveys.
- 62% of Americans say they need 7-9 hours but get less than 7 on weekdays.
- Women are 20% more likely than men to experience insomnia, per 2023 Gallup poll.
- 45% of global consumers prioritize sleep tech in purchases, 2023 Deloitte survey.
- Millennials spend 25% more on sleep products than Boomers, per 2022 NPD data.
- 73% of parents report children's sleep issues affect family purchases.
- Online mattress shopping preference rose to 55% in U.S. post-2020.
- 40% of consumers trial sleep apps before buying wearables.
- Eco-friendly bedding preferred by 68% of European buyers in 2023.
- Night owls (25% of population) spend 30% more on sleep aids.
- 57% of remote workers report improved sleep hygiene habits.
- Gen Z invests 40% more time researching sleep products online.
- 51% of consumers influenced by social media sleep influencers.
- Side sleepers (60% of adults) prefer medium-firm mattresses 70% of time.
- 65% of insomniacs try OTC sleep aids before prescription.
- Pet owners lose average 1 hour sleep/night, 80% buy pet beds accordingly.
- 72% of travelers use sleep masks or earplugs regularly.
- Coffee drinkers (70% adults) report 15% higher sleep disruption.
- 48% prioritize cooling features in summer mattress buys.
Consumer Behavior and Preferences Interpretation
Health Impacts and Disorders
- 30% of U.S. adults suffer from sleep disorders like apnea.
- Insomnia affects 10-30% of global adult population annually.
- Poor sleep linked to 20% higher risk of heart disease.
- Sleep deprivation causes 7,500 deaths/year from drowsy driving U.S.
- 50-70 million U.S. adults have sleep or wakefulness disorder.
- Adults sleeping <6 hours/night have 12% higher mortality risk.
- Obstructive sleep apnea in 9% men, 4% women globally.
- Chronic insomnia doubles depression risk in adults.
- Shift workers 40% higher obesity risk due to sleep disruption.
- Poor sleep hygiene linked to 25% increase in diabetes risk.
- Narcolepsy prevalence 1 in 2,000 people worldwide.
- REM sleep behavior disorder precursor to Parkinson's in 80% cases.
- Sleep loss impairs cognitive function equivalent to 0.05% BAC.
- 37% children with ADHD have sleep problems comorbid.
- Elderly (65+) 50% prevalence of sleep complaints.
- Blue light exposure reduces melatonin by 23%.
- Restless legs syndrome affects 10% U.S. population.
- Poor sleep increases Alzheimer's amyloid plaques 20%.
- Snoring prevalence 40% men, 30% women adults.
- Fibromyalgia patients 90% report sleep disturbances.
Health Impacts and Disorders Interpretation
Innovations and Technology
- Global sleep tech devices market to reach USD 49.23 billion by 2030.
- AI-powered sleep coaches in apps used by 15 million users 2023.
- Contactless sleep trackers accuracy 95% vs. PSG in trials.
- Temperature-regulating mattresses with Pod tech cool by 55°F.
- Wearable EEG headbands for lucid dreaming launched 2023.
- Smart beds adjust firmness automatically 92% user satisfaction.
- Under-mattress sensors detect apnea events 98% accuracy.
- Sleep robots like Somnox sold 50,000 units by 2023.
- VR sleep therapy apps reduce insomnia 40% in studies.
- Biofeedback wearables improve sleep score 25% average.
- Nanotech fabrics wick moisture 300% faster in sleepwear.
- Acoustic zoning earbuds block noise 99.8 dB for sleep.
- Haptic feedback alarms wake in light sleep phase 70% faster.
- Circadian lighting bulbs sync melatonin 30% better.
- Genetic sleep testing kits sales up 50% in 2023.
- Ultrasound sleep aids non-invasive, FDA cleared 2023.
- Blockchain for sleep data privacy in apps adopted by 10% users.
- 5G enabled remote CPAP monitoring latency <10ms.
- Plant-based latex foams recyclable 100% in new mattresses.
- Mattress recycling rate reached 80% in Europe 2023.
Innovations and Technology Interpretation
Market Size and Growth
- The global sleep market was valued at USD 413.67 billion in 2021 and is expected to grow at a CAGR of 6.3% from 2022 to 2030.
- U.S. sleep aids market size was USD 39.6 billion in 2022, projected to reach USD 59.2 billion by 2030 at a CAGR of 5.2%.
- The mattress market worldwide is forecasted to grow from USD 41.3 billion in 2023 to USD 59.8 billion by 2030, at a CAGR of 5.4%.
- Sleep tech market valued at USD 18.99 billion in 2023, expected to expand to USD 49.23 billion by 2030 at CAGR 14.5%.
- Global sleep apnea devices market size was USD 4.5 billion in 2022, projected to hit USD 8.1 billion by 2030, CAGR 7.7%.
- U.S. mattress market revenue reached USD 15.2 billion in 2022, with online sales growing 12% YoY.
- Europe sleep market estimated at EUR 50 billion in 2023, driven by wellness trends.
- Asia-Pacific sleep aids market to grow at CAGR 7.1% from 2023-2030, reaching USD 12.5 billion.
- Global pillow market size was USD 15.4 billion in 2022, expected CAGR 6.2% to 2030.
- Sleepwear market globally valued at USD 14.7 billion in 2023, projected CAGR 5.8%.
- U.S. sleep tracking apps downloads surged 25% in 2023 to over 50 million.
- Luxury mattress segment grew 8.2% in 2022, valued at USD 5.6 billion globally.
- CPAP devices market in North America holds 45% global share in 2023.
- Smart pillow market to reach USD 2.1 billion by 2028 at CAGR 12.3%.
- Global sleep mask market size USD 1.2 billion in 2023, CAGR 7.5% forecast.
- Bedding market in China valued at CNY 150 billion in 2022, growing 9% annually.
- White noise machine market USD 0.45 billion in 2023, CAGR 6.8% to 2030.
- Sleep supplements market globally USD 8.9 billion in 2022, CAGR 7.4%.
- Hybrid mattress sales increased 15% YoY in U.S. 2023.
- Global sleep economy valued at $585 billion in 2023 per McKinsey report.
Market Size and Growth Interpretation
Products and Eight Data
- Sleep Number adjustable beds sales up 18% YoY in 2023 Q1.
Products and Eight Data Interpretation
Products and Sales Data
- U.S. mattress-in-a-box sales hit 35% market share in 2023.
- Tempur-Pedic brand holds 12% U.S. mattress market share 2023.
- Purple mattress revenue USD 550 million in 2022.
- Casper Sleep annual revenue USD 581 million in 2022.
- Beautyrest brand top seller with 15 million units sold since 2010.
- Gel-infused foam mattresses captured 22% sales in 2023 U.S.
- Weighted blankets sales USD 500 million globally 2023.
- Philips DreamWear CPAP mask top seller, 25% market share.
- Oura Ring Gen3 sold over 1 million units by mid-2023.
- Fitbit sleep tracking devices 40 million active users 2023.
- Brookstone adjustable bases 20% sales growth in 2023.
- Silk pillowcases sales up 30% in premium segment 2023.
- ResMed AirSense 11 CPAP units shipped 2 million in 2023.
- Tuft & Needle mattresses 500,000+ sold since 2012 launch.
- Eight Sleep Pod sales exceeded 100,000 units by 2023.
- Bamboo bedding products 15% market penetration in organic sales.
- Whoop strap 500,000 subscribers for sleep recovery features.
- Serta iComfort hybrid line 1.2 million units 2022.
Products and Sales Data Interpretation
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