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Sleeping Bags Market Predicted to Reach US$ 3.46 Billion by 2032, Growing at 7.1% CAGR

04-22-2024 11:23 AM CET | Consumer Goods & Retail

Press release from: Fact.MR

Sleeping Bags Market Predicted to Reach US$ 3.46 Billion by 2032,

The global sleeping bag market is expected to grow at a notable compound annual growth rate (CAGR) of 7.1%, from a market valuation of US$ 1.74 billion in 2022 to US$ 3.46 billion by the end of 2032.

Sleeping bags with ample space to roll over and spread out are typically preferred by hikers and campers. Rectangular sleeping bags are therefore more common. It is also essential to select the appropriate type of insulation for sleeping bags in order to achieve optimal outcomes.

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The sleeping bag industry is changing as a result of consumers' growing preference for comfort and ease during outdoor activities. Demand for high-performance sleeping bags is rising among outdoor adventurers, trekkers, and camping aficionados. Let us explore the most recent developments and trends influencing this ever-changing sector.

Eco-Friendly Designs and Sustainable Materials:

As customers become more conscious of the environment, they are drawn to sleeping bags composed of eco-friendly materials like organic cotton, recycled polyester, and biodegradable insulation. In order to meet this demand and keep up with the growing trend of responsible consumption, manufacturers are implementing eco-friendly designs and production methods.

Key Companies Profiled:

• Johnson Outdoors
• Oase Outdoors
• Big Agnes
• AMG Group
• Columbia Sportswear
• Jarden Vaude
• Exxel Outdoors
• Gerlert
• Jack Wolfskin
• V F. Corp
• Snugpak

Lightweight and small Designs:

Advances in material science and construction methods have produced sleeping bags that are both lightweight and small, providing excellent warmth and insulation without adding bulk. In particular, ultralight thru-hikers and backpackers are pushing demand for sleeping bags that combine weight, warmth, and packability perfectly.

Flexibility and Multipurpose Use:

Modern customers look for adaptability in their equipment, and sleeping bags are no exception. Convertible designs are being introduced by manufacturers to accommodate different sleeping situations and weather conditions. Versatility is turning becoming a major selling factor in the market, with devices ranging from 3-in-1 systems to hybrid sleeping bag-quilt combos.

Technological Features:

With features like integrated insulation, textiles that wick away moisture, and temperature regulating systems that improve comfort and performance, sleeping bags are experiencing a revolution in the market. Smart sleeping bags are also becoming more and more popular. These bags have IoT sensors and connectivity built in, enabling users to monitor sleeping conditions and get the most out of their sleep.

Personalization and Customization:

As customers look for items that meet their unique requirements and tastes, sleeping bag customization and personalization choices are becoming more popular. Brands are providing unique solutions to meet a wide range of client requests, from temperature ratings and configurable sizes to customized color schemes and add-on functions.

Key Segments Covered in Sleeping Bags Industry Research:

• Sleeping Bags Market by Product :
o Rectangular Sleeping Bags
o Barrel-shaped Sleeping Bags
o Mummy Sleeping Bags
o Double Sleeping Bags
• Sleeping Bags Market by Distribution Channel :
o Specialty Retail Stores
o e-Commerce
• Sleeping Bags Market by Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

The market for sleeping bags is changing quickly due to a mix of rising customer demands, technology improvements, and environmental measures. For outdoor enthusiasts everywhere, the future of sleeping bags seems to be one of increased comfort, performance, and sustainability as producers keep up with technological advancements and fashion changes.

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

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