Sleeping Bag Market Size, Share, Growth Analysis, By Distribution channel(The online segment will account for a considerable share of the sleeping bag market over the estimated timeline. This is a result of rapid digitalization and the growing number of people with Internet access. The e-commerce sector has also made significant strides over the years due to the increasing preference for cashless buying and selling. Furthermore, the rising awareness about the availability of novel and innovative solutions will create an extensive consumer pool and consequently propel the sales of sleeping bags from online portals. North America sleeping bag industry value will observe an upsurge over 2023-2032) - Industry Forecast 2024-2031

Segmentation Analysis:

The Sleeping Bag Market is segmented by Distribution channel. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

• Based on Distribution channel the market is segmented as, The online segment will account for a considerable share of the sleeping bag market over the estimated timeline. This is a result of rapid digitalization and the growing number of people with Internet access. The e-commerce sector has also made significant strides over the years due to the increasing preference for cashless buying and selling. Furthermore, the rising awareness about the availability of novel and innovative solutions will create an extensive consumer pool and consequently propel the sales of sleeping bags from online portals. North America sleeping bag industry value will observe an upsurge over 2023-2032, considering the escalating acceptance of outdoor recreation programs, especially among adults in the U.S. Additionally, travel and tourism activities are gradually recovering from the effects of the coronavirus pandemic. As per the World Travel & Tourism Council, in 2022, travel and tourism were predicted to outpace pre-pandemic levels in the U.S. and generate over USD 2 trillion, or 6% more than the value recorded in 2019. Moreover, the growing population of adventure travelers such as rock climbers will also boost the popularity of sleeping bags in the region. Some of the key sleeping bag market players include Jarden, Gelert (Frasers Group), Jack Wolfskin, Exxel Outdoors, Columbia Sportswear, Vaude, Johnson Outdoors, Snugpak, AMG Group, Big Agnes, and Oase Outdoors, among others. These companies are focusing on new product launches, collaborations, and other initiatives to boost their footprint in the global industry. To cite an instance, in March 2022, Big Agnes launched a new 3N1 Sleeping Bag series to revolutionize its signature sleep system. The 3N1 series was designed with three sleeping bag configurations in one system, providing greater temperature control and versatility. Inflation has risen at a tremendous rate across industry verticals, including travel, across the U.S. Airline fares are also climbing on a monthly basis due to growing fuel costs. Despite these challenges, the number of travelers continues to rise. Based on data from the Transportation Security Administration, passenger traffic in the United States reached around 89% of the pre-pandemic levels since February 2022, thereby supporting the growth of sleeping bag developers over the forecast period.