India: Sleeping Bag Market 2025

Sleeping Bag Market Size in India

In 2021, the Indian sleeping bag market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Sleeping Bag Production in India

In value terms, sleeping bag production declined to $X in 2021 estimated in export price. Overall, production recorded a slight descent. The pace of growth was the most pronounced in 2018 with an increase of 5.7%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sleeping Bag Exports

Exports from India

In 2021, shipments abroad of sleeping bags increased by 26% to X units, rising for the fifth year in a row after two years of decline. In general, exports showed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of 71%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sleeping bag exports surged to $X in 2021. Over the period under review, exports recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

France (X units), the United States (X units) and the UK (X units) were the main destinations of sleeping bag exports from India, together comprising 59% of total exports. Germany, the Netherlands, Belgium, Poland, Australia, the United Arab Emirates and Spain lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +31.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sleeping bag exported from India were France ($X), the UK ($X) and Germany ($X), with a combined 62% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +29.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sleeping bag export price amounted to $X per unit, rising by 3.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Poland ($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 France (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sleeping Bag Imports

Imports into India

In 2021, after two years of decline, there was significant growth in purchases abroad of sleeping bags, when their volume increased by 351% to X units. Overall, imports showed a significant expansion. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, sleeping bag imports surged to $X in 2021. Over the period under review, imports saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 303% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main sleeping bag supplier to India, accounting for a approx. 95% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +22.8%.

In value terms, China ($X) constituted the largest supplier of sleeping bags to India.

From 2012 to 2021, the average annual growth rate of value from China stood at +14.2%.

Import Prices by Country

The average sleeping bag import price stood at $X per unit in 2021, with a decrease of -65.4% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -7.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :