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Sleeping Bag Market By Type, By Material, By Price Point, By Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

Sleeping Bag Market By Type, By Material, By Price Point, By Sales Channel : Global Opportunity Analysis and Industry Forecast, 2021-2031

  • August 2022
  • 350 pages
  • ID: 6352158
  • Format: PDF
  • Allied Market Research

Summary

Table of Contents

Sleeping Bag Market By Type (Mummy Sleeping Bag, Rectangular Sleeping Bag, Others), By Material (Down Fill, Synthetic Fill), By Price Point (Low, Mid, Luxury), By Sales Channel (Supermarkets and hypermarkets, Specialty stores, E commerce, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

The global sleeping bag market was valued at $1.43 billion in 2021, and is projected to reach $2.50 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.Sleeping bag is widely used in outdoor activities that is majorly consider for protection during bad weather. In addition, it is weather resistant as well as lightweight propel the demand in the sleeping bag market. North America holds the largest share in the market followed by Europe, Asia-Pacific and LAMEA region. Recent development of numerous sleeping bag and manufacturing technology is expected to further boost the market growth in North America region.
Europe holds second largest share in the sleeping bag market due to rise in disposable income and growing popularity of various sleeping bag has led to increase in demand for sleeping bag is expected to drive the Europe sleeping bag market. Furthermore, Asia-Pacific region is a fastest growing region attributed to increase in disposable income and high demand for comfortable and feasible sleeping bag are expected to increase the demand for sleeping bag over the forecast period. Furthermore, LAMEA region is at nascent/developing stage and is expected to have a decent growth accounting to rapid rise in middle class population.
The factors that are driving the market such as rising preference in recreational activities. In addition, there is a surge in number of professional mountaineers and climbers across the globe boosting the demand in sleeping bag market. However, growing availability of substitute products likely to restraint the growth of the market.
Sleeping bag market has expected to grow at moderate rate and has numerous opportunities to create the significant demand in forecast year. Moreover, demand for eco-friendly sleeping bags is one of the crucial factors in this market likely to boost the market. Material used in sleeping bags has found to be harmful for environment due to various factors such as cannot be recycled, it is not biodegradable. Also, it creates toxic microfibers in the manufacturing process affects the environment in the negative way.
The outbreak of COVID-19 pandemic had led to partial or complete shutdown of production facilities, which do not come under essential goods, owing to prolonged lockdown in major countries such as the U.S., China, Japan, India, and Germany. It has led to either closure or suspension of their production activities in most of the industrial units across the world. The increase in reported cases has caused a global lockdown and restricted supply chains. Consumer discretionary spending has decreased, and businesses have noticed a behavioural shift toward safer and more durable products. Furthermore, through engagement campaigns, manufacturers are strengthening their e-commerce channel and increasing consumer engagement on their websites.
The sleeping bag market is segmented on the basis of type, material, price point, sales channel, and region. On the basis of type, the market is categorized into mummy sleeping bag, rectangular sleeping bag, and others. Further, synthetic fill is bifurcated into polarguard, thermolite, and others. Based on material it divided into down fill and synthetic fill. Based on price point, the market is segregated into low, mid and luxury. According to sales channel, the sleeping bag market is fragmented into supermarkets and hypermarkets, specialty stores, e-commerce and others. Region-wise, the market is analysed across North America (the U.S., Canada, and Mexico), Europe (UK, France, Italy, Germany, Spain, Netherlands, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, United Arab Emirates and the rest of LAMEA).
The major players operating in the global sleeping bag market are AMG Group, The Coleman Company, Inc., Columbia Sportswear, Exxel Outdoors, Gerlert, Jack Wolfskin, Johnson Outdoors, Kefi Outdoors, Kelty, NEMO Equipment, Inc., Oase Outdoors, Recreational Equipment, Inc., Snugpak, TETON Sports and THE NORTH FACE. The market players have implemented strategies such as business expansion and product launch to increase the demand and sale of the sleeping bag in the market.

Key Benefits For Stakeholders
-This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the sleeping bag market analysis from 2021 to 2031 to identify the prevailing sleeping bag market opportunities.
-The market research is offered along with information related to key drivers, restraints, and opportunities.
-Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
-In-depth analysis of the sleeping bag market segmentation assists to determine the prevailing market opportunities.
-Major countries in each region are mapped according to their revenue contribution to the global market.
-Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
-The report includes the analysis of the regional as well as global sleeping bag market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Type
- Mummy Sleeping Bag
- Rectangular Sleeping Bag
- Others

By Material
- Down Fill
- Synthetic Fill
- Sub-type
- Polarguard
- Thermolite
- Others

By Price Point
- Low
- Mid
- Luxury

By Sales Channel
- Supermarkets and hypermarkets
- Specialty stores
- E commerce
- Others

By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Italy
- Germany
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- South Africa
- United Arab Emirates
- Rest of LAMEA
- Key Market Players
- amg group ltd
- Coleman Company Inc.
- .COLUMBIA SPORTSWEAR COMPANY
- Exxel Outdoors. LLC
- gelert limited
- Jack Wolfskin
- Johnson Outdoors Inc.
- Kefi Outdoors
- KELTY
- NEMO Equipment
- Oase Outdoors
- RECREATIONAL EQUIPMENT, INC
- Snugpak
- TETON Sports
- THE NORTH FACE

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