Market Overview:

The United States archery equipment market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.

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 2023-2028. 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:

Key Questions Answered in This Report:

• How has the United States 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 United States 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 United States archery equipment market and who are the key players?
• What is the degree of competition in the industry?