Archery Equipment - Global Strategic Business Report

The global market for Archery Equipment was estimated at US$3.6 Billion in 2024 and is projected to reach US$4.9 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Archery Equipment market.

Archery Equipment - Key Trends and Drivers

Archery equipment has evolved significantly over the centuries, transitioning from essential hunting tools and weapons of war to sophisticated sporting gear. Modern archery equipment encompasses a wide range of products, including bows, arrows, targets, and various accessories designed to enhance performance and accuracy. Bows are typically categorized into types such as recurve, compound, and traditional longbows, each offering distinct advantages for different styles of shooting. Recurve bows, used in Olympic archery, are known for their simplicity and power, while compound bows feature a system of pulleys and cables that provide a mechanical advantage, making them popular in hunting and competitive archery. Longbows, with their historic design, appeal to traditionalists and enthusiasts of historical archery. Arrows, constructed from materials like carbon fiber, aluminum, and wood, are engineered for precision and consistency, with variations in shaft stiffness, fletching, and tips tailored to specific uses.

Technological advancements have profoundly influenced the design and manufacturing of archery equipment, leading to increased accuracy, durability, and customization. Innovations in materials science have resulted in lighter and stronger bows and arrows, enhancing performance while reducing physical strain on the archer. High-tech carbon and aluminum composites are now standard in arrow construction, providing consistent flight characteristics and improved durability. Additionally, advanced manufacturing techniques, such as CNC machining and 3D printing, allow for precise and customizable components, including arrow rests, sights, and stabilizers. Modern compound bows feature adjustable draw weights and lengths, making them versatile for different users and conditions. Electronic accessories, such as digital range finders and bow-mounted cameras, further augment the archery experience by providing real-time feedback and enhancing training capabilities.

The growth in the archery equipment market is driven by several factors. The increasing popularity of archery as a recreational activity and competitive sport has significantly boosted demand for high-quality equipment. Television and film portrayals of archery, along with high-profile competitions like the Olympics, have heightened interest and participation in the sport. The expansion of archery clubs and ranges has made the sport more accessible to a wider audience, encouraging new enthusiasts to invest in their own gear. Technological advancements that improve the functionality and user experience of archery equipment are attracting a broader range of consumers, from beginners to seasoned professionals. Additionally, the rise of e-commerce platforms has facilitated access to a diverse array of archery products, often accompanied by detailed reviews and competitive pricing, further driving market growth. These factors collectively ensure robust expansion in the archery equipment market, catering to the evolving needs and interests of archers around the world.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Archery Bows segment, which is expected to reach US$2.5 Billion by 2030 with a CAGR of a 5.3%. The Archery Arrows segment is also set to grow at 5.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $969.9 Million in 2024, and China, forecasted to grow at an impressive 8.7% CAGR to reach $1.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Archery Equipment Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Archery Equipment Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Archery Equipment Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Alpine Archery, Axion Archery, Bear Archery, Inc., Carbon Tech Arrows, Daisy Outdoor Products and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 54 companies featured in this Archery Equipment market report include:

• Alpine Archery
• Axion Archery
• Bear Archery, Inc.
• Carbon Tech Arrows
• Daisy Outdoor Products
• Darton Archery LLC
• Easton Archery
• Escalade, Inc
• GOLDTIP
• Martin Archery
• Mathews Archery Inc.
• New Archery Products, Inc.
• Outdoor Group LLC
• PSE Archery, Inc.
• Samick Sports
• The Bohning Co. Ltd.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.