According to a research report published by Spherical Insights & Consulting, the Global Sleeping Bag Market Size is Expected to Grow from USD 1,721 Million in 2023 to USD 3,150 Million by 2033, Growing at a CAGR of 6.23% during the forecast period 2023-2033.

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Sleeping bags are insulated, lightweight bags that are used for outdoor activities such as hiking and camping to be warm and cozy. In general, the inner lining is made of softer materials, while the outer shell is made of strong, water-repellent materials. They come in a variety of shapes, including rectangular, double, and mummy bags, and each has a unique temperature rating. Product innovations including lightweight and compressible materials, the growing interest of millennials in outdoor recreation and adventure travel, and the need for sleeping bags with many uses and customization options are the main factors propelling the market. The growing demand for sleeping bag variations and adventure seekers’ growing awareness of the various advantages of this bag, including its weightlessness, compactness, convenience, comfort, and affordability, are also expected to fuel the growth of the worldwide sleeping bag market. Additionally, it is projected that rising per capita income and the rise of the global e-commerce and travel and tourism sectors will be major additional drivers of global market expansion over the forecast period. However, the market for sleeping bags is highly competitive because there are so many domestic and foreign brands available.

Browse key industry insights spread across 295 pages with 124 Market data tables and figures & charts from the report on the Global Sleeping Bag Market Size, Share, and COVID-19 Impact Analysis, By Insulation Material (Down Fill, Synthetic Fill, and Others), By Product (Square Sleeping Bags, Mummy Sleeping Bags, Sleeping Pods, and Others), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The synthetic fill segment is anticipated to hold the largest market share of the global sleeping bag market through the forecast period.           

Based on the insulation material, the sleeping bag market is classified into down fill, synthetic fill, and others. Among these, the synthetic fill segment is anticipated to hold the largest market share of the global sleeping bag market through the forecast period. Globally, there is a steady rise in the demand for synthetic fill insulation for sleeping bag manufacturing since it is both reasonably priced and incredibly comfortable in damp environments. Even in rainy conditions, synthetic fiber keeps people warm because it is less susceptible to moisture. Furthermore, since synthetic sleeping bags are usually made of polyester, either raw or recycled, synthetic sleeping bags are also simpler to clean.

The square sleeping bags segment is predicted to grow at the fastest pace in the global sleeping bag market during the projected timeframe. 

Based on the product, the sleeping bag market is categorized into square sleeping bags, mummy sleeping bags, sleeping pods, and others. Among these, the square sleeping bags segment is predicted to grow at the fastest pace in the global sleeping bag market during the projected timeframe. This is due to several interconnected elements, such as their lightweight and compact design. It also provides a pleasant and easy-to-maneuver area for the body. The square sleeping bag design is hence frequently preferred by mountaineers and rock climbers.

The online segment is anticipated to grow at the fastest pace in the global sleeping bag market through the projected period.

Based on the distribution channel, the sleeping bag market is classified into online and offline. Among these, the online segment is anticipated to grow at the fastest pace in the global sleeping bag market through the projected period. Recognizing that more people have access to the Internet and the world is becoming more digitally connected, this is the result. Significant developments in the e-commerce sector have also been brought about over time by the expanding trend of cashless buying and selling.

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North America is estimated to hold the largest share of the sleeping bag market over the forecast period.

North America is estimated to hold the largest share of the sleeping bag market over the forecast period. The market is expanding in North America due to factors such as the rise in camping excursions, the number of experienced trekkers and mountain climbers, the rising rate of raw material imports, and the rise in outdoor and recreational activities. Regardless of the state of the economy or the climate, the outdoor retail industry in North America is growing continuously. Countries are therefore actively involved in approving plans for financing and growing the industry for outdoor leisure. Associated markets for backpacks, sleeping bags, and other necessities are expanding proportionately with the expansion of the outdoor industry.

Europe is predicted to grow at the fastest pace in the sleeping bag market over the forecast period. The diverse outdoor settings and landscapes of Europe attract adventure-seeking tourists from throughout the globe. This trend has likely increased the demand for sleeping bags among travelers. As environmental sustainability gains more attention, there is a growing need for eco-friendly outdoor gear. Additionally, companies may be able to outperform competitors in the European market if they manufacture sleeping bags using sustainable materials and production techniques. The growth of e-commerce has made it easier for customers throughout Europe to purchase outdoor goods. Online retailers have a wide selection of sleeping bags, making it easier for customers to surf around and find products that meet their needs.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global sleeping bag market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the sleeping bag market include Jarden Vaude, Hyke & Byke, Big Agnes, Sleepingo, AMG Group, Exxel Outdoors, Wildhorn, Gerlert, Jack Wolfskin, Johnson Outdoors, V F. Corp, Oase Outdoors, Snugpak, Columbia Sportswear, Blackpine Sports, and Others.

Recent Developments

• In March 2024, Sea to Summit prioritized innovation, sustainability, and outdoor culinary experiences in their 2024 product launch, which included sleeping bags, liners, and camp kitchen collections.
• In November 2023, Adairs and the ANZ Consumer Products team at Paramount Australia and New Zealand collaborated to create a Paw Patrol children’s line of bed linens, wall art, and sleeping bags for young children.

 Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the sleeping bag market based on the below-mentioned segments:

Global Sleeping Bag Market, By Insulation Material

• Down Fill
• Synthetic Fill
• Others

Global Sleeping Bag Market, By Product

• Square Sleeping Bags
• Mummy Sleeping Bags
• Sleeping Pods
• Others

Global Sleeping Bag Market, By Distribution Channel

• Online
• Offline

Global Sleeping Bag Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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