The white noise machine global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
White Noise Machine Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The white noise machine market size has grown strongly in recent years. It will grow from $1.35 billion in 2023 to $1.45 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to increase in disposable income, growing awareness of sleep health, rising stress levels, technological advancements in the industry, rising venture capital funding and investments.
The white noise machine market size is expected to see strong growth in the next few years. It will grow to $1.87 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing demand for sleep-enhancing, increasing stress levels leading to a need for stress-relief solutions, rising birth rates contributing to the demand for baby sleep aids, growing emphasis on senior care, age-related sleep disruptions. Major trends in the forecast period include expansion of target audiences, innovative product offerings, stress relief solutions, smart home integration, combination noise machines.
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Scope Of White Noise Machine Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
White Noise Machine Market Overview
Market Drivers –
The rising prevalence of sleep disorders is expected to propel the growth of the white noise machine market going forward. The prevalence of sleep disorders refers to the proportion of individuals within a given population who are affected by one or more sleep-related conditions at a particular point in time or over a specified period. Sleep disorders are increasing due to several factors, including the increased prevalence of obesity, increased stress levels, and the widespread use of electronic devices. White noise machines contribute to improved sleep in individuals with sleep disorders by creating a consistent, soothing sound environment that masks disruptive noises and promotes relaxation. For instance, in September 2023, according to Sleep Doctor Holdings LLC, a US-based sleep wellness company, over 70 million men, over 50 million women, and almost 20 million children snore. Up to 70% of snorers have been diagnosed with sleep apnea. Additionally, obstructive sleep apnea (OSA) affects around one billion adults worldwide, with 80–90% of cases. Therefore, the rising prevalence of sleep disorders is driving the growth of the white noise machine market.
Increasing Elderly Population Fuels Growth In The White Noise Machine Market
The rising number of elderly individuals in the population is expected to propel the growth of the white noise machine market going forward. Individuals aged 65 years or older are considered part of the elderly population. The increase in the elderly population is a global phenomenon driven by several factors, including improved healthcare, declining fertility rates, and increased life expectancy. White noise machines help promote better sleep and reduce anxiety in the geriatric population by masking disruptive sounds and creating a soothing environment. It can be valuable tool for geriatric population as it offers a non-pharmacological approach to enhancing sleep and overall well-being. For instance, in October 2022, according to the World Health Organization, a Switzerland-based health agency, by 2030, one in six individuals worldwide will be 60 years of age or older. This number is expected to reach 2.1 billion elderly people by 2050. Therefore, the rising number of elderly individuals is driving the growth of the white noise machine market.
Market Trends –
Major companies operating in the white noise machine market are developing innovative technological solutions, such as premium white noise machines, to increase their profitability in this market. A premium white noise machine is a high-quality device designed to produce various types of soothing sounds, including white noise, pink noise, brown noise, and other ambient sounds. They may also be used for sound masking, which involves using white noise to block out unwanted sounds and create a more peaceful atmosphere. For instance, in June 2021, Mintal Inc., a US-based wellness company, launched a premium white noise machine. Premium machines with a better combination of technology have better sound quality, with richer, clearer, and more immersive soundscapes. High-end devices are made to provide immersive, clear, and crisp sound. It incorporates 360-degree Reality Audio technology to enhance traditional stereo music into immersive audio, providing a room-filling and relaxing sound experience. This device includes an auto-off timer for convenience and frequently employs cutting edge sound equipment to produce a realistic and natural acoustic environment.
The white noise machine market covered in this report is segmented –
1) By Product Type: Combination Noise Machines, Portable Noise Machines, Stuffed Animal Noise Machines, Plug-In Noise Machines
2) By Distribution Channel: Offline, Online
3) By Application: Adults, Combination Noise Machines
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Regional Insights –
North America was the largest region in the white noise machine market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the white noise machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the white noise machine market are Honeywell International Inc., Bose Corporation, Hatch Ltd., Graco Inc., HoMedics USA, Munchkin Inc., FKA Distributing Co. LLC, Snooz Inc., Zadro Inc., Marpac LLC, Verilux Inc., Yogasleep, Cloud B Inc., Sleepow LLC, Sweet Zzz, Sound+Sleep, Adaptive Sound Technologies Inc., Easysleep, Conair Corporation, ColourNoise, ihomeaudio, Dreamegg D3 Pro, Magicteam, Big Red Rooster
Table of Contents
1. Executive Summary
2. White Noise Machine Market Report Structure
3. White Noise Machine Market Trends And Strategies
4. White Noise Machine Market – Macro Economic Scenario
5. White Noise Machine Market Size And Growth
…..
27. White Noise Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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