What is Sleeping Pads Market?
Sleeping pads are the pads that play very important roles in getting a solid night's sleep in the great outdoors. These pads deliver comfort and security on all types of adventures mountaineering, thru-hiking, or camping. The factors such as Increased Disposable Income of the People and High Benefits of Sleeping Pads are driving the global sleeping pads market.
The market study is being classified by Type (Foam pad, Inflatable pad and Others), by Application (Climbing, Camping and Others) and major geographies with country level break-up.
Sea to Summit (Australia), Cascade Designs, Inc. (Ireland), Recreational Equipment, Inc. (United States), Klymit (United States), NEMO Equipment (United States), Exped (United States), Decathlon Group (France), Outdoorgearlab (United States) and Mammut Sports Group (Switzerland) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Sleeping Pads market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sleeping Pads market by Type, Application and Region.
On the basis of geography, the market of Sleeping Pads has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Disposable Income of the People
- High Benefits of Sleeping Pads
Market Trend
- Rise in the Distribution Channels
- Increased Number of Online Customers
Restraints
- Fluctuations in the Raw Material Prices
Opportunities
- Growth in the E-commerce Industry Worldwide
- Increasing Demand from End-users
Challenges
- Availability of Low Quality Products in Cheaper Rates
Key Target Audience
Sleeping Pads Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users