Northern America: Sleeping Bag Market 2024

Sleeping Bag Market Size in Northern America

The North American sleeping bag market surged to $X in 2021, picking up by 35% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sleeping Bag Production in Northern America

In value terms, sleeping bag production fell slightly to $X in 2021 estimated in export price. In general, production recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the production volume increased by 139% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Sleeping Bag Exports

Exports in Northern America

In 2021, approx. X units of sleeping bags were exported in Northern America; shrinking by -2.3% against the year before. Overall, exports, however, showed a mild increase. The pace of growth appeared the most rapid in 2018 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, sleeping bag exports soared to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +53.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, finishing at X units, which was approx. 96% of total exports in 2021. Canada (X units) held a little share of total exports.

The United States was also the fastest-growing in terms of the sleeping bags exports, with a CAGR of +3.0% from 2012 to 2021. Canada (-16.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +16 percentage points.

In value terms, the United States ($X) remains the largest sleeping bag supplier in Northern America, comprising 98% of total exports. The second position in the ranking was taken by Canada ($X), with a 2.3% share of total exports.

In the United States, sleeping bag exports expanded at an average annual rate of +5.7% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, with an increase of 38% against the previous year. Export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sleeping bag export price increased by +23.5% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.7%).

Sleeping Bag Imports

Imports in Northern America

In 2021, approx. X units of sleeping bags were imported in Northern America; surging by 29% compared with the previous year. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, sleeping bag imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, accounting for X units, which was approx. 90% of total imports in 2021. It was distantly followed by Canada (X units), constituting a 9.7% share of total imports.

The United States was also the fastest-growing in terms of the sleeping bags imports, with a CAGR of +7.0% from 2012 to 2021. Canada experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United States increased by +6.5 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported sleeping bags in Northern America, comprising 88% of total imports. The second position in the ranking was held by Canada ($X), with a 12% share of total imports.

In the United States, sleeping bag imports expanded at an average annual rate of +5.7% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, growing by 15% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.9%).

Source: IndexBox Platform

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