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Global Sleeping Bags Market Size, Status, Type, Revenue, Share, Growth rate and Future Forecast till 2027, Key Player: - L.L. Bean, NEIGHBORHOOD and Helinox

09-25-2018 02:06 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Sleeping Bags Market Size, Status, Type, Revenue, Share,

A sleeping bag is an insulated covering for a person, essentially a lightweight quilt that can be closed with a zipper or any similar means to form a tube. This product functions as lightweight, portable bedding, mostly applicable for situations, wherein a person is sleeping outdoors. This commodity is especially useful for people during activities such as camping, hiking, mountaineering, and other similar events. With increasing outdoor activities occurring all over the globe owing, the demand for sleeping bags is increasing by the day, thus giving rise to a distinct Sleeping Bags Market.

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Most sleeping bags typically have a water-resistant or water-repellent cover that protects users against winds, rains, and snow, up to a certain extent. Usually, a tent is used in addition to a sleeping bag, in order to provide better protection. The global sleeping bags market depicts the presence of a highly competitive and fragmented vendor landscape. This is mainly due to the existence of innumerable players, which are heavily competing with each other in terms of achieving product sales.

Most sleeping bags have a bottom surface that also provides cushioning. The bottom surface of a sleeping bag may be moderately water repellent, but a plastic tarp or groundsheet is often used to protect the user against moist ground.

Rising Preference for Recreational Activities and Growth of the Outdoor Industry to Drive the Sleeping Bags Market

The outdoor industry is significantly driven by increased consumer spending in recreational activities. Recovering economy, low inflation rates, and growing disposable incomes are factors supporting consumer preferences for health, wellness, and recreation activities. On account of this, outdoor apparels and accessories market is growing steadily. As sleeping bags are an important asset of outdoor recreation activities, growth of the outdoor industry is likely to translate into the growth of the sleeping bags market. Introduction of innovative and effective sleeping bag designs through online as well as offline sales channel are the prominent retail trends operating in the sleeping bags market.

Emphasis on Outdoor Activities Fuelling the Demand

Recreation, sports, and leisure activities have been studied to contribute to the development of communities across the globe. Strong evidences support the relationship between health benefits and physical outdoor activities. The global health and wellness trend is clearly driven by consumer preference for natural and healthier products. The pool of consumers involved in exercising and sports to maintain a healthy life has increased. Trends as such have increased preference for different recreational activities that cater to the expectations of all age groups. Consumers are actively spending in purchasing outdoor apparels and accessories including sleeping bags to improve their outdoor experience. Increased importance on outdoor recreational activities is likely to fuel the adoption of sleeping bags in the review period.

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Innovative Sleeping Bag Designs to Gain Consumer Traction

Manufacturers thrive to make the outdoorsman’s experience comfortable by introducing innovative camping essentials. Consumers usually perform intense online search before purchasing the sleeping bags. As a result, a variety of sleeping bags in terms of shape, type of insulation fill, weight and temperature ratings are available in the market.

As the weight of the sleeping bags is an important factor in determining the weight of an entire backpack, the competitive landscape of the sleeping bags market is revolving around introducing ultra-light sleeping bags with novel fill material.

L.L. Bean, an American retail company that manufactures clothing and outdoor recreation equipment, has introduced its Ultralight Sleeping Bag with aerogel insulator. Aerogel is an ultra-light material with extremely low density and thermal conductivity. PrimaLoft Gold Insulation has combined aerogel with fiber technology which is used in L.L. Bean’s Ultralight sleeping bag.
NEIGHBORHOOD and Helinox have collaborated for their latest joint launch of a range of camping essentials which included sleeping bags. All of the launch collection featured the inclusion of an ultra light-weight aluminium alloy in camping essentials making them compact and portable.
Apart from these new material entrants, existing sleeping bags in the market consists of two types of fill including down or natural fill and synthetic fill. While down fill is considered expensive yet warm, synthetic fill provides better performance in wet conditions.

Popular shapes of the sleeping bags are rectangular, barrel-shaped, mummy, quilt, elephant’s foot and also double sleeping bags.

Based on temperature rating, three types of sleeping bags are available in the market including winter, summer, and 3 season.

Although the sleeping bags market is driven by the growth of the outdoor industry and innovative product introductions, cost and intense competitive landscape are likely to influence the market in the forecast period.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on

Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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