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Key regions: United States, Germany, Australia, India, United Kingdom
Sleep aids have become increasingly popular in Poland in recent years, as more and more people are seeking solutions for their sleep problems. This trend can be attributed to several factors, including changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.
Customer preferences: Customers in Poland are increasingly prioritizing their sleep and recognizing the importance of a good night's rest for their overall health and well-being. As a result, there is a growing demand for sleep aids that can help individuals fall asleep faster, stay asleep longer, and wake up feeling refreshed. Customers are also looking for natural and non-habit forming options, as they are becoming more conscious of the potential side effects and risks associated with traditional sleep medications.
Trends in the market: One of the key trends in the sleep aids market in Poland is the rising popularity of herbal and natural remedies. Customers are gravitating towards products that contain ingredients such as chamomile, valerian root, and lavender, which are believed to promote relaxation and improve sleep quality. This trend is driven by the increasing interest in holistic and alternative approaches to health and wellness. Another trend in the market is the growing availability of sleep aids in pharmacies. Pharmacies in Poland are expanding their product offerings to cater to the rising demand for sleep aids. This allows customers to conveniently access a wide range of options and seek professional advice from pharmacists who can recommend the most suitable products based on individual needs and preferences.
Local special circumstances: Poland has a high prevalence of sleep disorders, with a significant portion of the population experiencing insomnia or other sleep-related issues. This has created a strong market demand for sleep aids, as individuals seek effective solutions to improve their sleep quality. The aging population in Poland is also contributing to the growth of the sleep aids market, as older adults are more likely to experience sleep disturbances and are actively seeking remedies.
Underlying macroeconomic factors: The growing sleep aids market in Poland can be attributed to the country's improving economic conditions. As disposable incomes increase, individuals have more purchasing power to invest in products that can enhance their quality of life, including sleep aids. Additionally, the increasing awareness and understanding of the importance of sleep in maintaining good health have also contributed to the market growth. In conclusion, the sleep aids market in Poland is experiencing significant growth due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. As more individuals prioritize their sleep and seek effective solutions for sleep-related issues, the demand for sleep aids is expected to continue to rise. Pharmacies play a crucial role in meeting this demand by offering a wide range of products and professional advice to customers.
Data coverage:
The data encompasses B2C enterprises. Figures are based on offline and online spending by consumers, including VAT. Not included are B2B and B2G sales, or other pharmaceutical sales through hospitals or retail stores such as supermarkets.Modeling approach:
Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market market. As a basis for evaluating markets, we use industry associations, third-party studies and reports and survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per country, consumer healthcare spending, GDP and internet penetration. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. For forecasting digital trends such as the online-pharmacy sales share we use exponential trend smoothing and the s-curve method. The main drivers are healthcare expenditure per country and consumer healthcare spending.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. GCS data is reweighted for representativeness.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)