United States Archery Equipment Market Share, Size, Growth, Opportunity and Forecast 2024-2032

Name: United States Archery Equipment Market Report by Product (Bows and Bow Accessories, Arrows, and Others), End User (Individual Consumer, Clubs and Gaming Zones, Sports Organizers), Distribution Channel (Speciality and Sports Shops, Departmental and Discount Stores, Online Stores, and Others), and Region 2024-2032
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Keywords: United States Archery Equipment Market Report

United States Archery Equipment Market Report by Product (Bows and Bow Accessories, Arrows, and Others), End User (Individual Consumer, Clubs and Gaming Zones, Sports Organizers), Distribution Channel (Speciality and Sports Shops, Departmental and Discount Stores, Online Stores, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3250

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Market Overview:

The United States archery equipment market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 1.2 Billion
Market Forecast in 2032	US$ 1.8 Billion
Market Growth Rate 2024-2032	4.7%

Archery equipment refers to a set of tools and gears utilized while doing archery. It comprises arrows, bows, finger tabs, bracers, stingers, targets and bow stands. Amongst these, the bow is a flexible staff attached to a string at both ends, which is utilized for pulling the arrow. An arrow is a long stick with a pointed tip and stabilizer fins mounted against the bowstring.

The US Government is undertaking numerous initiatives to conduct archery programs for children in schools. It is organizing competitions that promote archery as a professional sport and encourage public participation. This represents one of the key factors creating a positive impact on the archery equipment market. Apart from this, the burgeoning e-commerce sector, in confluence with aggressive promotional campaigns initiated by leading players, is strengthening the market growth. However, the coronavirus disease (COVID-19) outbreak, imposition of lockdowns in the country and temporary halt in the operations of several manufacturing units have negatively influenced the market. It will subsequently witness growth once lockdown restrictions are uplifted.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States archery equipment market report, along with forecasts at the country and regional 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 Region:

Northeast
Midwest
South
West

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$ Billion
Segment Coverage	Product, End User, Distribution Channel, Region
Region Covered	Northeast, Midwest, South, West
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

The United States archery equipment market was valued at US$ 1.2 Billion in 2023.

We expect the United States archery equipment market to exhibit a CAGR of 4.7% during 2024-2032.

The rising popularity of archery as a recreational sport, particularly among the millennial population, is primarily driving the United States archery equipment market.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of archery equipment across the nation.

Based on the product, the United States archery equipment market can be divided into bows and bow accessories, arrows, and others. Currently, bows and bow accessories account for the majority of the total market share.

Based on the end user, the United States archery equipment market has been segregated into individual consumer, clubs and gaming zones, and sports organizers. Among these, individual consumer currently exhibits clear dominance in the market.

Based on the distribution channel, the United States archery equipment market can be bifurcated into speciality and sports shops, departmental and discount stores, online stores, and others. Currently, speciality and sports shops hold the largest market share.

On a regional level, the market has been classified into Northeast, Midwest, South, and West, where West currently dominates the United States archery equipment market.

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