Latin America Archery Equipment Market Size & Outlook
The archery equipment market in Latin America is expected to reach a projected revenue of US$ 293.4 million by 2030. A compound annual growth rate of 2.6% is expected of Latin America archery equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$244.4
Forecast, 2030 (US$M)
$293.4
CAGR, 2024 - 2030
2.6%
Report Coverage
Latin America
Latin America archery equipment market, 2018-2030 (US$M)
Latin America archery equipment market highlights
- The Latin America archery equipment market generated a revenue of USD 244.4 million in 2023.
- The market is expected to grow at a CAGR of 2.6% 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.
Latin America data book summary
| Market revenue in 2023 | USD 244.4 million |
| Market revenue in 2030 | USD 293.4 million |
| Growth rate | 2.6% (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, Latin America region accounted for 10.1% 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 |
|---|
Latin America archery equipment market
Related regional statistics
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