Outlook of Sleep Aids in Saudi Arabia: Growth Opportunities

Posted by Masud Khan on January 7th, 2020

Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Sleep Aids in Saudi Arabia” under Healthcare category. The Sleep Aids Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.

Sleep Aids Market in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2014-2018, allowing you to identify the sectors driving growth. Forecasts to 2023 illustrate how the market is set to change.

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Value sales continue to decline in Saudi Arabia in 2019 as prices rise on the back of the introduction of VAT over 2017-2018. As a result, increasing price sensitivity meant that sales continued to suffer. Sleep aids comprise mostly of acetaminophen plus diphenhydramine drugs such as Panadol Night and Adol PM, which are listed under human drugs by the Saudi Food & Drug Authority (SFDA) and therefore do not incur the 5% VAT. However, since the remaining sleep aids are usually formulated from herb…

Data coverage:
Market sizes (historic and forecasts), company shares, brand shares and distribution data.

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Get a detailed picture of the Sleep Aids market;
Pinpoint growth sectors and identify factors driving change;
Understand the competitive environment, the market’s major players and leading brands;
Use five-year forecasts to assess how the market is predicted to develop.

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