Sleep Tech

Sleep Tech is Booming

Sleep Tech is Booming

Sleep Tech

By Sara Tormena

According to WGSN Consumer Tech, the demand for effective devices that can help people combat sleep-related issues including insomnia and apnea has increased significantly since 2016. In the last few years, sleep technology has gained popularity, dominating the floor at events like CES 2020, where it took first place in the Home & Lifestyle Trends category. Moreover, the growing awareness regarding benefits of quality sleep on health and well-being has also played a significant role in the desire for smart tech devices that promote a deeper sleep.

EMERGING TREND IN THE CONSUMER ELECTRONICS MARKET

The wearable and non-wearable devices market for sleep technology offers a significant variety of products. The range of products keeps increasing from smart watches, sleep-tracking products, sleep-friendly sensorial devices, sleep masks, audio equipment, noise cancelling earbuds and other technologies that can help people relax and fight tension. Smaller manufacturers have been pioneering in this new branch of the industry, but some major players entered the market in response to the high level of consumer demand.

MARKET SIZE AND FUTURE PROJECTIONS

The sleep tech market represents incredible opportunities of future growth. In 2021, the industry was valued around 15 billion US dollars and is expected to increase by 18.1% CAGR from 2022 to 2030. The global market research and consulting company, Global Market Insights, projects that by 2030 the market will reach 67.7 billion US dollars. Consumer awareness of the wide range of sleep technology products in developing and underdeveloped nations are beginning to drive market expansion. Given the recent numbers, it has become clear that this sector has an enormous economic potential and that it will continue to grow.

Tradesnest is constantly keeping an eye on the latest trends in an effort to find interesting and original innovations for distributors on the platform with the goal to support the innovative brands find a way to have their products in the market. Our unique all-in-one platform provides a variety of consumer electronics products from which many sleep tech devices have found their way into the spotlight.

We take pride on having some of the most cutting-edge companies that provides products assisting individuals enhance their sleep quality as business partners. One great example is Moonbird, a Belgian firm whose little portable device improves sleep and lower stress levels by promoting respiratory regulation. This has been proven by studies and their numerous satisfied clients that do no longer rely on their phones or applications waking up feeling tense in the middle of the night are there to testify. QuietOn is another great example of an innovative company playing in this space with their noise-cancelling earbuds brings its users into a state of tranquility and calm. These are only two of the many outstanding brands that can be found on our platform. 

Are you intrigued by the possibilities the sleep technology market might offer and looking for innovative products to expand your portfolio? Perhaps are you a manufacturer in the sleep technology sector looking for an efficient and affordable way to introduce your amazing and ground-breaking products to a larger audience? In both cases, Tradesnest is the solution that will accelerate and simplify your search for the ideal business partner.

Register on Tradesnest.com today and start growing your business today!

UN Development Goals

How Tradesnest is Committed to Sustainability

Tradesnest commission in sustainability
Founders: Nancy Shenouda & Pierre Ouellette

How Tradesnest is Committed to Sustainability

Nowadays, consumers prioritizing the ethical implications of the products they buy and companies support it with every purchase. Now more than ever, valuing sustainability is of the utmost importance in the business industry. From the inception of the company, Tradesnest has always considered its impact on the world. Subsequently, we have made purposeful decisions to ensure that company is aligned with the best sustainability processes.  

Tradesnest’s industry disruption helps to reduce damaging carbon emissions

Tradesnest originated from the pitfalls of trades shows where hundreds to thousands of companies have to travel far and wide and often ship their products across the world to the exhibition. This costly transportation of people and goods for short events leads to high emissions of CO2 from planes, trains, cars, and trucks. Also, these events are also significant generators of waste. You can simply think of all the flyers and other marketing material being thrown away during and after the shows.

At Tradesnest, we seek to offer a much more sustainable alternative to the un-environmentally friendly aspects of trade shows. By disrupting this traditional way of doing business and reducing unnecessary emissions, Tradesnest leads the charge in B2B sustainable efforts. All while providing businesses around the world with an innovative platform that functions as a trade show and more.

Valuing the United Nations Development Goals of Responsible Consumption and Production

Tradenest is an online platform that can be accessed anywhere over the globe. Our services connect brands with reputable distributors. In this way, distributors can have access to every innovative product from anywhere in the world. This lowers the barriers to entry for companies founded in regions with less accessibility to key resources. 

Our CEO, Nancy Shenouda, considers this responsibility to equally provide international growth avenues when managing the direction of Tradesnest. In discussing Tradesnest’s view on world-wide sustainability, Nancy stated, “We, at Tradesnest, are aware of these global problems and we believe that providing the right technology that gives access to the same distribution channels whether the innovation comes from a developed or a developing country will help alleviate these problems and support economic growth. Ultimately, Tradesnest has made it part of its mission to contribute to the UN development goals by providing access to distribution channels to products from the developing world.”

Sustainable & Innovative brands

At the heart of Tradesnest’s commitment to sustainability is the most innovative eco-friendly and socially responsible products that our brand partners have created to better the world. Whether it be electric chargers made from responsibly sourced bamboo or portable water purifying devices, Tradesnest hosts many brands that are constantly solving the world’s problems with sustainability on the forefront of their products. Additionally, assisting these products become distributed into new markets around the globe to expand their international footprint and bring more innovation to more people is an immense point of pride to everyone on the Tradesnest team. 

 

Are you ready to grow internationally? Sign up now for free as brand on Tradesnest or book a consultancy call with one of our experts here.

 

How to grow your business

How to grow your business during the pandemic?

How to grow your business during the pandemic?

How to grow your business

Growing your business during the pandemic is not an easy task!

The current global situation took us all by surprise. COVID-19 virus did not only cause serious health concerns, but it also still significantly impacted businesses and the economy in general. Nobody could have predicted that traditional ways of working and doing business would be so radically transformed and all or most of our business activities would now have to happen online. Prior to the pandemic small, medium and large companies used to attend trade shows and corporate events to find the next innovative products or trusted distributors. Deals were done and contracts were signed in person, now, online is the new normal.

How can you grow your business?

Trade shows and corporate events have been canceled. Business travel is restricted and entering in most countries requires a certificate showing a Covid-19 negative test result that is usually expensive and is an additional inconvenience. To make things even more difficult, some European countries require exemption certificates and justification to enter or to travel within the country. If that did not stop you from traveling, a curfew just might. As the rules are changing every day, most of us do not even dare to travel abroad or even within our country. Let’s face it, working from home is the new normal and for small and medium companies, this situation makes it even more difficult to find new business partners or simply to do business. 

As there is still no clear end in sight globally and as the pandemic continues, there has never been a more pressing need for companies to re-think and re-design their businesses to face a changed world. Now is the time for companies to focus their efforts on digitalizing and transforming the ways they do business.

At Tradesnest, we can get you in front of your target customers and help your business grow despite the challenging times. The business and technologies have evolved, there is no need for long introductory emails and countless phone calls. You can now meet your ideal business partner directly on our curated platform, where we make sure only the best companies are accepted and can really grow your sales in new markets.

For the Distributors:

With Tradesnest, there is no need for travel, our platform is accessible anytime and from anywhere. You can easily discover innovative products from your laptop or mobile.

We understand it can be hard to trust companies online and start doing business when you have not met in person or never saw their products other than in pictures. At Tradesnest, we stand by a meticulous qualification process, we qualify each company and ensure the quality of products; our prequalification process is set up to ensure that every member is a verified potential business partner.

For the Brands:

Explore new markets for your products with Tradesnest while staying at home or in your office. There is no need to travel to find new business partners in your target market, you can easily connect with distributors around the world in a few easy steps on our platform. It’s not only keeping you safe, but also saves you time and money.

The pandemic may be far from over and doing business online is the new normal. Tradesnest will provide you with a list of potential connections in your target market to whom you can introduce your company and products and in the end, make a deal.

If you have any questions about how Tradesnest can help you find trusted distributors and retailers, get in touch here and learn more how to do business safe from your home or office!