Global Archery Equipment Market Size & Outlook, 2023-2030
The archery equipment industry worldwide is expected to reach a projected revenue of US$ 3,138.0 million by 2030. A compound annual growth rate of 3.8% is expected of the worldwide archery equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,417.8
Forecast, 2030 (US$M)
$3,138.0
CAGR, 2024 - 2030
3.8%
Report Coverage
Worldwide
Global archery equipment market, 2018-2030 (US$M)
Global archery equipment market highlights
- The global archery equipment market generated a revenue of USD 2,417.8 million in 2023 and is expected to reach USD 3,138.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.8% by 2030.
- In terms of segment, bows accounted for a revenue of USD 2,417.8 million in 2023.
- Bows is the most lucrative equipment segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,417.8 million |
| Market revenue in 2030 | USD 3,138.0 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Bows |
| Fastest growing segment | Bows |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bows |
Other key industry trends
- In terms of revenue, the North America accounted for 36.4% of the global archery equipment market in 2023.
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Archery Equipment Market Scope
Archery equipment market segmentation & scope
Distribution Channel
Online
Sporting Goods Retailers
Supermarkets & Hypermarkets
Exclusive Brand Outlets
Others
Archery Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global archery equipment market size, by regions, 2018-2030 (US$M)
Related regional statistics
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