The import value of sleeping bags to India was not provided for 2023, but from 2024 onward, forecasts show a continuous upward trend. The import value increases from $9.778 million in 2024 to $11.767 million in 2028, reflecting a consistent year-on-year growth. Specifically, the annual growth rate increases from 2024 through 2028, suggesting positive momentum in this market segment.

The year-on-year percentage increases are as follows: from 2024 to 2025, there is a growth of approximately 5.23%, from 2025 to 2026 about 4.88%, from 2026 to 2027 around 4.56%, and from 2027 to 2028 roughly 4.28%. The five-year CAGR would reflect a steady growth trajectory.

Future trends to watch for include:

Changing consumer preferences towards outdoor recreation and increased domestic travel may amplify import demands.
Potential advancements in textile technology could either boost competition or drive down costs, impacting import volumes.
Geopolitical factors and trade policies may affect import dynamics favorably or unfavorably.