Market Overview:
The Europe archery equipment market size reached US$ 893.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,320.0 Million by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 893.0 Million |
Market Forecast in 2032
|
US$ 1,320.0 Million |
Market Growth Rate 2024-2032 |
4.3% |
Archery equipment refers to tools and gears that are utilized while doing archery. It comprises a bow, string, bracer, quiver, finger tab, bow stand, bow stringer, target and arrows. The string finds application in aligning and pulling the arrow, while the finger tab is used to protect the fingers.
The market is presently experiencing growth on account of the increasing trade shows by the Archery Trade Association (ATA) in Europe. Apart from this, the leading players in the region are investing significantly in advertising campaigns to boost their sales and consequently expand their consumer base. Furthermore, the thriving e-commerce sector, along with the increasing number of sports clubs and gaming zone, is bolstering the market growth. However, the outbreak of the coronavirus disease (COVID-19) and the imposition of lockdown restrictions by several countries have resulted in temporary closures of operations at various manufacturing units. This has disrupted the supply chain and negatively impacted the overall market growth. It is anticipated to recover once government authorities in the region introduce lockdown relaxations.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe archery equipment market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product, end user and distribution channel.
Breakup by Product:
- Bows and Bow Accessories
- Arrows
- Others
Breakup by End User:
- Individual Consumer
- Clubs and Gaming Zones
- Sports Organizers
Breakup by Distribution Channel:
- Speciality and Sports Shops
- Departmental and Discount Stores
- Online Stores
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Segment Coverage |
Product, End User, Distribution Channel, Country |
Countries Covered |
Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Europe archery equipment market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe archery equipment market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the end user?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe archery equipment market and who are the key players?
- What is the degree of competition in the industry?