Asia Pacific Archery Equipment Market Size & Outlook
The archery equipment market in Asia Pacific is expected to reach a projected revenue of US$ 649.0 million by 2030. A compound annual growth rate of 4.5% is expected of Asia Pacific archery equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$476.3
Forecast, 2030 (US$M)
$649.0
CAGR, 2024 - 2030
4.5%
Report Coverage
Asia Pacific
Asia Pacific archery equipment market, 2018-2030 (US$M)
Asia Pacific archery equipment market highlights
- The Asia Pacific archery equipment market generated a revenue of USD 476.3 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, bows was the largest revenue generating equipment in 2023.
- Bows is the most lucrative equipment segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 476.3 million |
| Market revenue in 2030 | USD 649.0 million |
| Growth rate | 4.5% (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, Asia Pacific region accounted for 19.7% of the global archery equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 649.0 million by 2030.
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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 |
|---|
Asia Pacific archery equipment market
Related regional statistics
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