The Latin America, Middle East and Africa Sleeping Bag Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1,597.41 thousand units, showcasing a growth of 8.7% (2024-2031).
Mid-priced sleeping bags cater to a broad range of outdoor enthusiasts who seek a balance between affordability, quality, and performance. These sleeping bags are typically priced between budget-friendly options and high-end premium products, making them accessible to casual campers, occasional hikers, and outdoor adventurers on a moderate budget. The primary uses of mid-priced sleeping bags include recreational camping, weekend trips, and moderate outdoor activities where comfort and reliability are essential but extreme conditions are not anticipated. Therefore, in Argentina, 36.63 thousand units of Mid-priced sleeping bags utilized in the year 2023.
The Brazil market dominated the LAMEA Sleeping Bag Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $41.3 million by 2031. The Argentina market is capturing a CAGR of 8.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7% during (2024 - 2031).
Durability has been another area of significant advancement. Modern sleeping bags are constructed using high-strength fabrics and reinforced stitching techniques that extend their lifespan, even under rigorous use. This durability makes them a worthwhile investment for consumers, knowing that their gear can withstand the demands of various outdoor activities.
In addition to material and design improvements, integrating advanced manufacturing technologies has played a crucial role in enhancing the quality of sleeping bags. Techniques such as seamless bonding and welded seams reduce the risk of insulation shifting and eliminate weak points where cold air can penetrate. These manufacturing advancements ensure that sleeping bags provide consistent warmth and performance over time.
In the United Arab Emirates (UAE), the rising demand for sleeping bags is linked to increasing disposable incomes and the development of outdoor recreational facilities. The UAE's robust economic growth has led to higher disposable incomes, allowing residents to invest more in leisure activities. According to the UAE National Bureau of Statistics, the average household income has been rising steadily, contributing to higher spending on outdoor gear. The country's efforts to promote outdoor tourism, such as desert camping and adventure sports, have also boosted the demand for camping equipment. Thus, the regional market is expected to expand rapidly throughout the forecast period.
Free Valuable Insights: The Worldwide Sleeping Bag Market is Projected to reach USD 2.1 Billion by 2031, at a CAGR of 5.7%
Based on Material, the market is segmented into Synthetic Fill (Polarguard, Thermolite, and Others), and Down Fill. Based on Type, the market is segmented into Rectangular, Mummy, and Others. Based on Price Point, the market is segmented into Luxury, Mid, and Low. Based on Sales Channel, the market is segmented into Specialty Stores, Supermarkets & Hypermarkets, E-commerce, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Material (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Price Point (Volume, Thousand Units, USD Billion, 2020-2031)
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
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