Global Sleeping Bag Market 2024

Sleeping Bag Market Size

The global sleeping bag market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2018 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level in 2022 and is expected to retain growth in years to come.

Sleeping Bag Production

In value terms, sleeping bag production contracted slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Sleeping Bag Exports

Exports

In 2022, overseas shipments of sleeping bags increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, sleeping bag exports skyrocketed to $X in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Bangladesh (X units) ranks second in terms of the total exports with a X% share, followed by India (X%). Turkey (X units), Belgium (X units), Vietnam (X units), the Netherlands (X units), Greece (X units) and France (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sleeping bag exports from China stood at X%. At the same time, Greece (X%), Turkey (X%), Vietnam (X%), Bangladesh (X%), India (X%), the Netherlands (X%), France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Bangladesh (X p.p.), Turkey (X p.p.), India (X p.p.), Vietnam (X p.p.) and Greece (X p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest sleeping bag supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Vietnam (X% per year).

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other global leaders experienced more modest paces of growth.

Sleeping Bag Imports

Imports

In 2022, overseas purchases of sleeping bags increased by X% to X units, rising for the second year in a row after four years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, sleeping bag imports surged to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, the United States (X units) was the main importer of sleeping bags, creating X% of total imports. It was distantly followed by the UK (X units), the Netherlands (X units), France (X units), Ukraine (X units) and India (X units), together making up a X% share of total imports. Japan (X units), Germany (X units), Belgium (X units), Australia (X units), Canada (X units), Greece (X units) and Russia (X units) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Ukraine (X%), India (X%), Greece (X%), the Netherlands (X%), Russia (X%), Canada (X%), Australia (X%) and Japan (X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Belgium, Germany and the UK experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ukraine, India, the United States, the Netherlands and Greece increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported sleeping bags worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with an X% share of global imports. It was followed by France, with a X% share.

In the United States, sleeping bag imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average sleeping bag import price amounted to $X per unit, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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