South-Eastern Asia: Sleeping Bag Market 2024

Sleeping Bag Market Size in South-Eastern Asia

In 2022, the Southeast Asian sleeping bag market decreased by X% to $X, falling for the third year in a row after four years of growth. In general, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sleeping Bag Production in South-Eastern Asia

In value terms, sleeping bag production stood at $X in 2022 estimated in export price. The total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sleeping Bag Exports

Exports in South-Eastern Asia

In 2022, approx. X units of sleeping bags were exported in South-Eastern Asia; with an increase of X% compared with 2021 figures. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, sleeping bag exports skyrocketed to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Vietnam was the largest exporter of sleeping bags in South-Eastern Asia, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Cambodia (X units) ranks second in terms of the total exports with a X% share, followed by Myanmar (X%). Thailand (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to sleeping bag exports from Vietnam stood at X%. At the same time, Myanmar (X%) and Cambodia (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Myanmar (X p.p.) and Cambodia (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) remains the largest sleeping bag supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Cambodia ($X), with an X% share of total exports. It was followed by Myanmar, with a X% share.

In Vietnam, sleeping bag exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (X% per year) and Myanmar (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, almost unchanged from the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then shrank modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the other leaders experienced more modest paces of growth.

Sleeping Bag Imports

Imports in South-Eastern Asia

After three years of decline, overseas purchases of sleeping bags increased by X% to X units in 2022. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sleeping bag imports surged to $X in 2022. Overall, imports saw temperate growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Myanmar represented the main importer of sleeping bags in South-Eastern Asia, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Thailand (X units), Malaysia (X units) and Cambodia (X units), together creating a X% share of total imports. Indonesia (X units), the Philippines (X units) and Singapore (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sleeping bag importing markets in South-Eastern Asia were Thailand ($X), Myanmar ($X) and Malaysia ($X), together comprising X% of total imports.

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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