China: Sleeping Bag Market 2025

Sleeping Bag Market Size in China

In 2021, after three years of growth, there was significant decline in the Chinese sleeping bag market, when its value decreased by -50.5% to $X. Over the period under review, consumption showed a abrupt descent. Sleeping bag consumption peaked at $X in 2020, and then fell rapidly in the following year.

Sleeping Bag Production in China

In value terms, sleeping bag production stood at $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Sleeping Bag Exports

Exports from China

After two years of decline, overseas shipments of sleeping bags increased by 28% to X units in 2021. In general, total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 37%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, sleeping bag exports surged to $X in 2021. The total export value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for sleeping bag exports from China, accounting for a 33% share of total exports. Moreover, sleeping bag exports to the United States exceeded the volume sent to the second major destination, the UK (X units), fourfold. Germany (X units) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.4% per year) and Germany (+1.7% per year).

In value terms, the United States ($X) remains the key foreign market for sleeping bags exports from China, comprising 33% of total exports. The second position in the ranking was taken by the UK ($X), with an 8.4% share of total exports. It was followed by Japan, with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+2.2% per year) and Japan (+8.1% per year).

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2021, increasing by 11% against the previous year. Overall, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sleeping bag export price increased by +13.4% against 2018 indices. The pace of growth was the most pronounced in 2016 an increase of 49%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sleeping Bag Imports

Imports into China

In 2021, the amount of sleeping bags imported into China skyrocketed to X units, growing by 24% against the previous year's figure. In general, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2019 when imports increased by 76% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, sleeping bag imports dropped modestly to $X in 2021. Over the period under review, imports, however, saw a slight contraction. The pace of growth appeared the most rapid in 2014 with an increase of 95% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Cambodia (X units) constituted the largest sleeping bag supplier to China, accounting for a 56% share of total imports. Moreover, sleeping bag imports from Cambodia exceeded the figures recorded by the second-largest supplier, Myanmar (X units), fivefold. Latvia (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from Cambodia amounted to +109.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+343.2% per year) and Latvia (+175.9% per year).

In value terms, the largest sleeping bag suppliers to China were Latvia ($X), Cambodia ($X) and Bangladesh ($X), with a combined 33% share of total imports. These countries were followed by Myanmar, India, Vietnam, Poland and Indonesia, which together accounted for a further 22%.

Myanmar, with a CAGR of +287.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sleeping bag import price amounted to $X per unit, dropping by -19.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 51%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per unit), while the price for Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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