
Sri Lanka - Sleeping Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Sleeping Bag Market 2025
Sleeping Bag Market Size in Sri Lanka
In 2021, the Sri Lankan sleeping bag market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Sleeping bag consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.
Sleeping Bag Production in Sri Lanka
In value terms, sleeping bag production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 29%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.
Sleeping Bag Exports
Exports from Sri Lanka
In 2021, shipments abroad of sleeping bags increased by 11% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 58% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, sleeping bag exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 82% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Norway (X units), India (X units) and Sweden (X units) were the main destinations of sleeping bag exports from Sri Lanka, with a combined 72% share of total exports. Maldives, Egypt, China, Seychelles, Poland and Slovakia lagged somewhat behind, together comprising a further 15%.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of +66.6%), while the other leaders experienced more modest paces of growth.
In value terms, Norway ($X) remains the key foreign market for sleeping bags exports from Sri Lanka, comprising 64% of total exports. The second position in the ranking was held by Sweden ($X), with a 12% share of total exports. It was followed by India, with a 4.9% share.
From 2012 to 2021, the average annual growth rate of value to Norway stood at -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+20.0% per year) and India (+18.0% per year).
Export Prices by Country
The average sleeping bag export price stood at $X per unit in 2021, jumping by 42% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to China ($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 Slovakia (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sleeping Bag Imports
Imports into Sri Lanka
In 2021, approx. X units of sleeping bags were imported into Sri Lanka; shrinking by -87.3% compared with the year before. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 when imports increased by 1,100% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, sleeping bag imports fell remarkably to $X in 2021. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2015 with an increase of 550% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest sleeping bag supplier to Sri Lanka, accounting for a 67% share of total imports. Moreover, sleeping bag imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), sevenfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 9.8% share.
From 2012 to 2021, the average annual growth rate of volume from China totaled +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+19.6% per year) and Hong Kong SAR (-2.6% per year).
In value terms, Indonesia ($X) constituted the largest supplier of sleeping bags to Sri Lanka, comprising 69% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 9.6% share of total imports. It was followed by China, with a 7.5% share.
From 2012 to 2021, the average annual growth rate of value from Indonesia amounted to +40.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+26.6% per year) and China (+9.0% per year).
Import Prices by Country
The average sleeping bag import price stood at $X per unit in 2021, surging by 36% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 88% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sleeping bag market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13922430 - Sleeping bags
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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