by Sleeping bags are essential outdoor gear used for camping and other outdoor recreational activities. Traditionally made from materials like cotton and wool, modern sleeping bags use synthetic insulating materials like goose down and proprietary synthetic blends to provide insulation and maximize warmth-to-weight ratio. Common sleeping bag shapes include mummy bags, rectangular bags, and semi-rectangular bags. Features like adjustable hoods, zippers, and internal pocket allow for varying climate conditions and user needs. The global sleeping bag market caters to outdoor enthusiasts, hikers, campers, backpackers, and those engaging in other recreational activities. The market offers sleeping bags in varied temperature ratings, sizes, and designs to accommodate users’ unique needs.
The global sleeping bag Market was valued at US$ 1.64 Bn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023-2030, as highlighted in a new report published by CoherentMI.
Market Dynamics:
Increased participation in outdoor recreational activities: Growing health awareness and work-life balance trends have boosted participation in outdoor activities like hiking, camping, trekking, and backpacking. This is a key driver propelling demand for essential outdoor gear including sleeping bags.
Rising disposable incomes: Improving global economic conditions have elevated disposable incomes allowing consumers to spend more on recreational activities and gear. Especially in developing economies, higher spending capacities support the uptake of specialized and technically advanced outdoor products.
Segment Analysis:
The sleeping bag market can be segmented into shape, filling material, end use, and distribution channel. Based on shape, mummy bags dominate the market as they are compact, lightweight and provide maximum insulation for less filling material. Since mummy bags fit the body shape closely, they are the most popular choice among campers and outdoor enthusiasts.
Sleeping Bags Market Segmentation:
- By Product Type
- Rectangular
- Mummy
- Double
- 3-season
- 4-season
- Kids
- Others (blankets, quilts)
- By End User
- Individual
- Institutional (military, scouts)
- Commercial (rentals)
- By Distribution Channel
- Offline (specialty stores, department stores)
- Online
- By Insulation Material
- Down
- Synthetic (polyester)
- Wool
- Cotton
- Others (silk)
- By Temperature Rating
- Summer (+35°F to +50°F)
- 3-season (+15°F to +35°F)
- Winter (0°F to +15°F)
- Extreme (-10°F and below)
- By Size
- Kids
- Single
- Double
- Queen/King
- Others (oversized)
PEST Analysis:
Political: Regulations around production standards and materials used ensure safety and sustainability.
Economic: Growing outdoor activities and popularity of camping/trekking drives demand. Rising disposable incomes in developing nations boost purchases.
Social: Increasing health awareness fuels participation in outdoor sports. Need for convenience during travel expands market scope.
Technological: Advanced fabrics and filling materials provide better insulation, moisture management and durability. Compression techniques help minimize storage space.
Key Takeaways:
The global Sleeping Bag Market Size is expected to witness high growth. The global sleeping bag market is estimated to be valued at US$ 1.64 Bn in 2023 and is expected to exhibit a CAGR of 7.9% over the forecast period 2023-2030.
North America holds the largest share currently due to strong outdoor participation in the US and Canada. Asia Pacific is poised to grow at the fastest pace with increasing youth interest in adventure sports in China, India and other developing countries.
Key players related content comprises: Key players operating in the sleeping bag market are The Coleman Company Inc., Johnson Outdoors Inc., Oase Outdoors ApS, AMG Group, VF Corporation, Kelty, Marmot, Mountain Equipment, NEMO Equipment Inc., Sierra Designs, Snugpak Ltd., Blackpine Sports, Hyke & Byke LLC, Exxel Outdoors LLC, ALPS Mountaineering, Naturehike, Teton Sports, MalloMe, Western Mountaineering, and Mountain Hardwear. Coleman and Johnson Outdoors have the strongest foothold with wide portfolio catering various user segments.
*Note:
1. Source: CoherentMI, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
