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The increased stress levels of many Peruvian consumers as a result of COVID-19 will cause sales of sleep aids to rise in Peru in 2020, as consumers face increased uncertainty and financial difficulties. As anxiety over the impact of the virus has grown, more consumers are likely to turn to sleep aids in order to alleviate stress and the growing problem of insomnia. The combination of not being able to see friends as a result of the strict lockdown measures in force in Peru from March to May,…Continue
Although COVID-19 led to an increase in stress levels throughout the country, sleep aids are not set to record a spike in growth for the year, with value growth aligning to growth recorded in 2019. Therefore, sales are supported by ongoing trends in the landscape. Many Norwegians suffer from insomnia, and stress-related problems are relatively common amongst the adult population, especially due to increasingly busy lifestyles. The growing use of smartphones is also creating a feeling of…Continue
The 2020 COVID-19 pandemic has caused considerable turmoil and uncertainty for consumers in Morocco, with health and financial worries putting added pressure on many consumers. As a result, many consumers are suffering from more anxiety and mental health issues caused by the stress and uncertainty of COVID-19. This is expected to increase the demand for sleep aids in 2020 as many who suffer from anxiety or mental health problems struggle to sleep.
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In 2020, sleep aids is expected to maintain a similar current value growth rate to that seen in previous years of the review period. COVID-19 is expected to make a minor contribution to demand due to stress, anxiety and depression about the virus and the economic fallout from measures taken to control it in the country. However, growth is also expected to continue be due to factors such as increasing coffee consumption, which can lead to sleep disorders. Coffee is becoming increasingly…Continue