Sleeping Bags Market was valued at US$ 1652.7 Mn. in 2022. Global Sleeping Bags Market size is expected to grow at a CAGR of 7 % through the forecast period.
Sleeping Bags Market Overview:
The Sleeping Bags Market research provides a full competition picture, including market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Sleeping Bags Market, as well as the causes for variances in the industry's growth in different areas.
Market Scope:
To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.
Dynamics:
The demand for sleeping bags is rising in both emerging and developed nations as people become more interested in outdoor adventure activities such as hiking, rafting, camping, and other activities. This is a significant factor that is anticipated to drive the global sleeping bag market throughout the anticipated time frame. Additionally, among the millennial generation, growing awareness of the multiple advantages of camping, including better mental health, reduced stress, and others, has contributed to an increase in demand for sleeping bags globally. These are the main factors that are anticipated to spur market expansion throughout the forecast period.
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Segmentation:
by Product
Rectangular Sleeping Bags
Mummy Sleeping Bags
by Insulation
Down Fill
Synthetic Fill
by Distribution Channel
Online
Offline
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Key Players: The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Sleeping Bags Market are
2. Johnson Outdoors
3. Oase Outdoors
4. Big Agnes
5. AMG Group
6. Columbia Sportswear
7. Exxel Outdoors
8. Gerlert, Jack Wolfskin
9. V F. Corp
10. Snugpak
11. Sleepingo
12. Wildhorn
13. Blackpine Sports
14. Hyke & Byke
15. Browning Camping
16. Sierra Designs
17. Cloeman
18. TETON SPORTS
19. Alpkit
20. Vango
Regional Analysis: The region portion of the Sleeping Bags Market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. Geographic market assessment is based on the existing scenario and predicted developments.
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COVID-19 Impact Analysis on Sleeping Bags Market:
Following the outbreak of the pandemic, end-user sectors where Sleeping Bags Market are used had a fall in growth from January to May in a variety of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a suspension in operations. This resulted in a major decrease in the revenues of firms operating in these industries and, as a consequence, in demand for Sleeping Bags Market manufacturers, influencing the growth of the Sleeping Bags Market in 2020. With lockdowns and a rising number of COVID-19 cases throughout the world, the demand for Sleeping Bags Market from end-user businesses has decreased significantly.
Key Questions answered in the Sleeping Bags Market Report are:
- Which are the major companies in the Sleeping Bags Market?
- Which is the potential market for Sleeping Bags Market in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the market in the next seven years?
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