The sleeping bag market is anticipated to be valued at USD 1.91 billion in 2024 and register a CAGR of 6.40% from 2024 to 2034. The market is foreseen to reach USD 3.55 billion by 2034. The climb in outdoor activities, camping, and adventure tourism, guided by online promotion of camping sites, boosts the demand for camping bags.
Attributes | Details |
---|---|
Market Value for 2024 | USD 1.91 billion |
Market Value for 2034 | USD 3.55 billion |
Market Forecast CAGR for 2024 to 2034 | 6.40% |
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The global demand historically developed at a CAGR of 5.60%. However, sales are slated to advance at a brighter pace, displaying a CAGR of 6.40% from 2024 to 2034.
Attributes | Details |
---|---|
Market Historical CAGR for 2019 to 2023 | 5.60% |
Start-ups are exploring new materials like aerogel insulators, which offer superior thermal conductivity, to enhance customer comfort by reducing camping bag weight and increasing warmth.
New companies aim to enhance outdoor comfort by introducing innovative camping equipment. Consumers often conduct extensive online searches before purchasing camping gear, leading to demand propagating for various shapes, insulation types, weights, and temperature ratings.
The adventure tourism industry is experiencing rapid growth due to increased demand for authentic local experiences, with collaborations with operators and online booking platforms promoting essential gear.
Educational institutions and adventure learning programs are beneficial to the demand for these bags. Camping operators can develop their market through strategic partnerships, promotional strategies, bulk purchasing options, and renting opportunities for camping enterprises and trail associations.
Widespread Demand for Outdoor Recreational Activities
Over the past decade, outdoor recreational activities like camping, hiking, trekking, and adventure sports have risen significantly. This is due to consumer shifts towards active lifestyles and nature-based experiences, leading to a growing demand for camping gear, especially sleeping bags.
To illustrate, the Outdoor Industry Association reported that in 2020, over 50 million Americans participated in camping, a rise of over 7 million from the previous year.
The trend toward outdoor recreation is envisioned to persist, leading to elevated demand for camping gear.
The eCommerce Sector Influences the Sales of Adventure Sleeping Gears
eCommerce is rapidly gaining popularity due to companies' omnichannel presence and brand websites providing convenient access to product information, user reviews, and discounted prices.
One example of the digital trading trend is the launch of rental subscription models by online retailers such as Tentrr, Decathlon, Wildcraft, etc. These models allow consumers to access sleeping bags and tents at affordable prices, making camping more accessible.
Social media marketing campaigns are gaining popularity for companies to boost brand visibility and reach customers. Market leaders can capitalize on the eCommerce boom by partnering with eRetailers and launching online stores. The eCommerce sector is promising as companies innovate and adapt to consumer needs.
Campers Favor Improvements in Temperature Monitoring
Contemporary investments in temperature regulating and heating technologies have developed electronic heating pads and liners with rechargeable batteries. These pads provide on-demand warmth inside sleeping bags without layering clothes, making it easier for people to stay warm and comfortable even in freezing temperatures.
The introduction of waterproof and stretchable quilted electric blankets for sleeping bags is gaining popularity due to their ability to provide extra warmth and comfort.
The development of temperature-monitoring mobile applications, paired with Bluetooth-connected smart sensors integrated into camping bags, has improved user experience by enabling users to adjust temperatures for a good night's sleep effortlessly.
Specialized improvements in camping gear are envisioned to increase the use of 3-season and winter camping bags for sub-zero conditions, offering a more comfortable and convenient way to stay warm and cozy outdoors.
The following part offers an in-depth analysis of segments of the market. The demand for camping bags for males is significant, whereas the need for down insulation of bags is anticipated to increase in 2024.
Attributes | Details |
---|---|
Top Demography | Male |
Market Share in 2024 | 78.4% |
The demand for sleep bags for men is set to experience a 78.4% market share in 2024 due to the augmented requirement for specialized bags.
Women's camping bags are heavier than unisex or men's bags because they need more insulation for a given length of time and tend to get cold more easily than men's.
Men's sleeping bags come in taller lengths, with the men's regular size fitting men between 6 feet and 6 feet 5 inches tall and the men's long size accommodating men between 6 feet 5 inches and 7 feet tall. Proper fitting is paramount for warmth and comfort.
Attributes | Details |
---|---|
Top Insulation Type | Down |
Market Share in 2024 | 41.5% |
The demand for down insulation of sleeping bags is significant, with a market share of 41.5% anticipated in 2024. These bags are essential outdoor gear, with down insulation being the most popular choice due to its lightweight, compressible, and excellent warmth-to-weight ratio.
Down insulation in bags provides warmth and safety, making them ideal for cold-weather camping. High-quality sleeping bags with down insulation are portable, making them easy to carry on long hikes or camping trips.
The camping bag industry is anticipated to advance as producers focus on improving these bags with high-quality insulation materials and increased research and development. As the sector advances, more research and development investments are envisioned to enhance camping bag quality.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The sleeping bag industry in the United States and India is hitting the roof due to several factors. The camping bags sector in Australia is anticipated to climb gradually in the upcoming decade.
Countries | CAGR from 2024 to 2034 |
---|---|
United States | 4.00% |
Germany | 2.60% |
China | 10.60% |
India | 12.10% |
Australia | 7.80% |
The United States camping bag industry is foreseen to grow due to the increasing number of professional rock climbers and mountaineers. The market is projected to register a 4% CAGR between 2024 and 2034, urged by an increase in outdoor activities, leading to a rise in demand for high-quality sleeping bags.
The rising import rate of camping bag raw materials is boosting market growth as United States manufacturers continuously seek innovative materials to improve efficiency and comfort.
The United States camping gear industry is divined to experience substantial growth due to the rise in professional rock climbers and mountaineers and the surge in recreational activities.
The market in Germany is anticipated to experience steady growth at a CAGR of 2.6% from 2024 to 2034. Germany is home to various historical locations that often attract visitors who prefer to camp.
Many of these locations have been transformed into heritage camping grounds to further promote tourism and the camping industry in recent years. This development has increased focus on innovation and advanced product improvements. These innovations are predicted to be key themes driving the growth of the camping bag sector in Germany in the forthcoming decade.
The tourism industry in Asia, particularly in China, is witnessing a surge in government support, which is anticipated to boost the need for camping bags. The forecasted CAGR of the demand in China is divined to be 10.6% from 2024 to 2034.
China's sports and fitness industry is rapidly expanding, which has led to many investments in the sector, further complementing the growth of the physical activity industry. The digital commerce sector is thriving in China, creating a favorable environment for product development.
Australia's camping and outdoor equipment industry is predicted to see significant growth between 2024 and 2034, with a projected CAGR of 7.8%. The increase can be attributed to the country's rising popularity as a destination for camping and outdoor activities.
Australia's diverse camping and safari experiences, including beachside camping, bushwalking, and hiking, have significantly increased camping equipment sales.
The growth of the adventure furnishings sector is attributed to the trend towards glamping and outdoor camping. Tourists are willing to pay a premium for a comfortable and enjoyable camping experience, leading to a surge in demand for high-quality camping gear.
The demand in India is foreseen to experience a CAGR of 12.1% from 2024 to 2034.
Indian government’s initiatives promoting adventure tourism boost employment and economic growth in the region. India's camping sector is anticipated to experience a rapid increase in intra-regional visitor arrivals in the coming years, offering numerous leisure and adventure activities for all age groups.
Economic growth, travel restrictions relaxation, increased competition, and aggressive promotion techniques by sector players and regional governments have significantly accelerated the Indian group travel business.
The industry is competitive, with many companies making similar products. These companies try to stand out by creating high-quality products, offering good prices, and developing new ideas.
Some companies try to grow their business by creating new products, getting their approval, and getting patents. Others may buy other companies, partner, or work together to grow their business.
Because people are using the internet more to buy things, it is changing how this industry works. Now, people can purchase camping furniture online and compare prices easily. This means companies have to work harder to ensure they have competitive prices and products.
Recent Developments in the Sleeping Bag Market
The market is in line to be valued at USD 1.91 billion in 2024.
The market is estimated to be valued at USD 3.55 billion by 2034.
In the United States, demand is anticipated to develop at a CAGR of 4.0% by 2034.
The market is set to register a CAGR of 6.40% from 2024 to 2034.
Down insulation is anticipated to acquire a 41.5% market share in 2024.
Expected Base Year Value (2024) | USD 264.2 million |
---|---|
Anticipated Forecast Value (2034) | USD 422.2 million |
Estimated CAGR (2024 to 2034) | 4.80% |
Market Share (2023) | USD 115.1 million |
---|---|
Market Share (2033) | USD 187.4 million |
Market CAGR (2023 to 2033) | 5.0% |
Explore Health & Wellness Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.