Archery Equipment Market Size and Share
Archery Equipment Market Analysis by Mordor Intelligence
The archery equipment market size is expected to reach USD 2.35 billion in 2025, and grow to USD 3.04 billion by 2030, registering a CAGR of 5.28% during the forecast period of 2025-2030. This growth is driven by several key factors, including the increased visibility expected from compound archery's debut at the 2028 Los Angeles Olympics, sustained investments in youth-focused programs, and continuous advancements in product innovation. North America remains the dominant revenue contributor, while the Asia-Pacific region is emerging as the fastest-growing market, fueled by significant government investments in sports infrastructure development. To capitalize on these opportunities, companies are expanding their direct-to-consumer channels and enhancing their flagship models to target premium segments and improve profit margins. Despite this, price-sensitive consumers continue to favor mass-market kits, which are widely distributed through school and range programs. Additionally, the market is diversifying as therapeutic applications of archery, documented by rehabilitation researchers, gain traction. These applications are expanding the market's scope beyond traditional uses such as hunting, recreation, and competitive sports, further solidifying the market's growth potential.
Key Report Takeaways
- By product type, bows led with 43.33% revenue share in 2024; targets are projected to grow at 5.72% CAGR through 2030.
- By category, the mass segment held 71.44% of the archery equipment market share in 2024; the premium segment is poised for a 6.35% CAGR to 2030.
- By end user, adults accounted for 81.45% of 2024 demand; the children’s segment is set to expand at 6.13% CAGR through 2030.
- By distribution channel, offline retail captured 67.46% of 2024 turnover; online retail is advancing at 6.78% CAGR to 2030.
- By region, North America commanded 34.65% of 2024 revenue; Asia-Pacific is the fastest-growing region at 7.25% CAGR to 2030.
Global Archery Equipment Market Trends and Insights
Drivers Impact Analysis
| Drivers | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Resurgent interest in traditional sports and activities | +0.8% | Global, with stronger momentum in North America & Europe | Medium term (2-4 years) |
| Technological advancements in archery equipment | +1.2% | Global, led by North America innovation hubs | Long term (≥ 4 years) |
| Influence of high-profile sporting events and media exposure | +0.6% | Global, peak impact in Olympic host regions | Short term (≤ 2 years) |
| Expansion of archery training academies and school programs | +0.9% | North America and Asia-Pacific core, spill-over to Europe | Medium term (2-4 years) |
| Increasing popularity of archery as a competitive and recreational sport | +0.7% | Global, with early gains in urban centers | Medium term (2-4 years) |
| Growing health and fitness consciousness | +0.5% | Global, concentrated in developed markets | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Resurgent interest in traditional sports and activities
Traditional archery is witnessing a resurgence as communities increasingly seek meaningful cultural experiences and skill-based activities that foster a connection to historical heritage. The Hong Kong Archery Association's 2024 competition schedule, highlighted by the Hong Kong Cup Archery Competition in June, exemplifies the region's dedication to preserving traditional archery techniques while seamlessly incorporating modern competitive elements. On a global scale, traditional archery has evolved from its origins as an ancient hunting tool to a contemporary practice with therapeutic and recreational benefits. Structured training programs have demonstrated measurable improvements in performance, further enhancing its appeal. Facilities such as the Darrington Archery Range in Washington, established in 1979 and recognized for being the first handicapped-accessible outdoor range in the United States, play a pivotal role in supporting traditional archery across diverse populations. This renewed interest reflects broader societal trends emphasizing mindfulness, skill development, and activities that deliver tangible personal achievements, offering a refreshing alternative to the increasingly digital-centric lifestyle.
Technological advancements in archery equipment
Innovation in archery equipment design continues to progress, as highlighted by the U.S. Patent Office's records of advancements in bow limb configurations, cam systems, and materials engineering. These developments aim to enhance performance while simultaneously reducing user fatigue, showcasing the industry's focus on both functionality and user comfort. The 20th Asian Games Aichi-Nagoya 2026 master plan emphasizes the strategic procurement of sports equipment through advanced specifications, developed in collaboration with international federations. This approach reflects a growing institutional recognition of the critical role technological advancements play in modern sports. Vista Outdoor exemplifies the industry's dedication to innovation, with its extensive portfolio of over 1,700 patents. The company's FY23 annual report identifies innovation as a key driver of its competitive advantage, underlining the importance of intellectual property in maintaining market leadership. Furthermore, technological advancements extend beyond physical equipment to include electronic scoring systems and digital training aids. These innovations significantly enhance the user experience and improve performance measurement capabilities, demonstrating the industry's commitment to integrating technology into all aspects of archery.
Influence of high-profile sporting events and media exposure
World Archery, representing over 160 member associations and approximately 30 million archers globally, serves as a cornerstone for the sport's growth by amplifying its visibility and driving demand for archery equipment. The 2025 Hyundai Archery World Cup, scheduled to take place in prominent cities such as Shanghai, Antalya, and Madrid, highlights the sport's global appeal and ensures consistent international exposure. Historical data from previous World Archery Championships underscores the sport's strong media presence, with broadcast partnerships expanding into key markets to engage broader audiences. Moreover, the inclusion of compound archery in the 2028 Los Angeles Olympics marks a transformative milestone, offering unparalleled mainstream exposure. This development is anticipated to significantly boost participation rates and catalyze a substantial increase in equipment demand, further solidifying archery's position as a globally recognized competitive sport.
Expansion of archery training academies and school programs
USA Archery's club resources program provides extensive support for the development of archery initiatives, offering essential tools such as club handbooks, event reference guides, and adaptive archery manuals. These resources are strategically designed to facilitate the seamless expansion of archery programs across educational institutions, ensuring accessibility and inclusivity. The organization's 2025-2028 Diversity, Equity & Inclusion Action Plan prioritizes increasing participation among underrepresented groups by implementing well-structured, tactical initiatives supported by dedicated budgets. This plan aims to diversify the sport's demographic reach and foster a more inclusive environment. At the state level, programs like Indiana NASP serve as a model for integrating archery into educational curricula, demonstrating measurable outcomes that emphasize the program's positive impact on students' personal and academic development. Furthermore, federal legislation allowing the allocation of education funds for archery programs has effectively removed financial barriers, creating sustainable funding mechanisms that ensure the long-term growth and widespread adoption of archery in schools.
Restraint Impact Analysis
| Restraints | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High equipment costs | -1.1% | Global, acute impact in emerging markets | Short term (≤ 2 years) |
| Seasonality and weather dependence | -0.6% | North America and Europe primarily | Short term (≤ 2 years) |
| Limited awareness in emerging markets | -0.4% | Asia-Pacific emerging, Middle East and Africa, Latin America | Medium term (2-4 years) |
| Limited accessibility to archery ranges | -0.7% | Global, concentrated in urban areas | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
High equipment costs
Entry-level archery instruction programs reveal significant financial challenges for new participants, which can deter sustained engagement. For example, 1UP Recreation in Seattle charges USD 55 per session, including equipment rental, making regular participation costly for beginners. Similarly, the Springfield-Greene County Park Board's fee structure, ranging from USD 3 to USD 40 for various classes and sessions, demonstrates how costs related to instruction, equipment rental, and facility access accumulate, restricting market penetration among price-sensitive groups. At the Texas Archery Club, participants pay USD 10 for range access with personal equipment or USD 20 for "discover archery" sessions that include loaner equipment. This pricing model highlights the recurring expenses that discourage casual participation. Beyond these initial costs, participants face ongoing financial commitments, such as equipment maintenance, arrow replacement, and advanced instruction fees, which collectively create substantial barriers to long-term involvement in the sport.
Seasonality and weather dependence
Infrastructure constraints continue to pose significant challenges to participation growth in archery. In Massachusetts, temporary seasonal archery ranges will operate at only four locations statewide from June to September 2024. These ranges require participants to bring their equipment and obtain range passes, limiting accessibility for many[1]Source: Massachusetts Division of Fisheries and Wildlife, "Archery ranges open for 2025", www.mass.gov. Similarly, the Minnehaha Archers facility in Sioux Falls offers a 30-lane indoor range but restricts public access to Wednesday evenings, charging a USD 5 fee. This limited availability underscores the lack of accessible facilities for casual participants. In Texas, Texas Archery's network addresses these gaps by fostering community involvement to establish new ranges. They actively encourage individuals to engage with local officials to advocate for new facilities, highlighting the grassroots efforts necessary to bridge infrastructure gaps. Urban areas face additional hurdles, such as space constraints, safety regulations, and zoning restrictions, which further limit the establishment of archery ranges and reduce accessibility for the largest potential participant base.
Segment Analysis
By Product Type: Bows Segment Leadership
In 2024, bows capture a commanding 43.33% share of the market, underscoring their pivotal role as the primary value driver in archery equipment and the epicenter of industry technological advancements. This segment thrives on ongoing patent innovations, with the U.S. Patent Office highlighting advancements in bow limb configurations and cam systems that not only boost performance but also prioritize user convenience. Vista Outdoor, boasting an impressive portfolio of over 1,700 patents, underscores the industry's deep commitment to bow technology evolution. Notably, about 43% of Vista Outdoor Inc.'s external sales stem from its outdoor products segment, predominantly in bow and related equipment manufacturing. The bow segment's preeminence is evident, as it significantly influences shooting accuracy, user comfort, and the overall archery experience, making it the top choice for both recreational and competitive archers.
Growing at a brisk 5.72% CAGR through 2030, the targets segment outpaces equipment replacement cycles, driven by expanding facilities catering to rising participation. Infrastructure investments, like the Darrington Archery Range's four permanent courses with 28 targets each, exemplify the momentum in the targets segment. Similarly, the Springfield-Greene County Park Board's archery complex, featuring both indoor and outdoor ranges with specialized 3D targets, highlights the diverse needs across various archery disciplines. As archery ranges, educational programs, and competitive venues proliferate, the targets segment's growth is further fueled by the necessity for regular target replacements, worn from the barrage of repeated arrow impacts.
Note: Segment shares of all individual segments available upon report purchase
By Category: Mass Market Dominance
In 2024, mass market products dominate with a 71.44% market share, acting as the gateway for newcomers and bolstering widespread adoption via educational initiatives and recreational venues. The National Archery in Schools Program, with its standardized equipment mandates across 39 states, underscores the mass market's pivotal role in implementing programs systematically. These programs utilize cost-effective, dependable equipment tailored for educational settings. Similarly, government initiatives like the Springfield-Greene County Park Board's archery program harness mass market tools, ensuring accessible training for varied age groups and skill levels, all while upholding program sustainability. The mass market's supremacy highlights a crucial need: affordable, standardized equipment that democratizes participation without hefty financial strains.
Meanwhile, premium segments are on an upswing, boasting a 6.35% CAGR. This growth mirrors the journey of dedicated archers, who, as their skills sharpen and competitive goals heighten, naturally gravitate towards upgraded equipment. Escalade Inc.'s Bear Archery brand is at the forefront, channeling efforts into product innovation and strategic acquisitions to bolster its premium segment growth. Notably, the company's 2023 SEC filing spotlights archery equipment as a cornerstone of its sporting goods lineup. Furthermore, while the premium segment reaps the rewards of cutting-edge innovations, these advancements eventually trickle down to the mass market. This ensures a dynamic product evolution across price brackets, with premium offerings standing out due to superior materials, meticulous engineering, and optimized performance features.
By End User: Adult Market Leadership
In 2024, adults command a dominant 81.45% share of the archery market, underscoring their robust purchasing power and commitment to both competitive and recreational pursuits. USA Archery's adult program highlights benefits like social interaction and fitness, catering to mature participants who value long-term engagement. Data from the U.S. Fish and Wildlife Service reveals 19 million adult archery target shooters, showcasing a market depth that extends beyond traditional hunting and highlighting diverse motivations[2]Source: The U.S. Fish and Wildlife Service, "2022 Target Shooting in the United States Participation, Demographics, and Relationship with Hunting and Fishing", www.fws.gov. The adult segment's dominance is evident in its consistent investment in equipment, active participation in competitions, and commitment to advanced training, all of which drive higher-value purchases.
Meanwhile, the children's segment is on a growth trajectory, expanding at a 6.13% CAGR. This surge is fueled by a broadening of educational programs and a growing acknowledgment of archery's developmental advantages. Federal backing, notably through the "Protecting Hunting Heritage and Education Act," has alleviated financial constraints, paving the way for schools to adopt archery programs. Clinical studies, including those from Shanghai, underscore archery's role in enhancing core executive functions in children, with notable gains in inhibition control and cognitive flexibility post-training. The children's segment's expansion is bolstered by therapeutic applications and institutional endorsements, positioning archery as both a recreational pursuit and a valuable educational tool.
By Distribution Channel: Offline Retail Dominance
In 2024, offline retail stores command a dominant 67.46% market share, capitalizing on their unique advantages: hands-on equipment testing, expert fitting services, and the immediacy of product availability. Academy Sports and Outdoors, a key player in the sector, is set to bolster its retail footprint with plans to inaugurate 20-25 new stores in 2025, underscoring its commitment to serving archery and outdoor sports aficionados. Highlighting the strength of traditional retailers, Academy's fiscal 2024 report boasts net sales of USD 5.93 billion, underscoring their pivotal role in archery equipment distribution. The offline retail sector's supremacy is largely attributed to the intricate nature of archery equipment selection, where expert guidance and hands-on evaluation play a crucial role in influencing buyer decisions.
Online channels, on the other hand, are witnessing a robust expansion at a 6.78% CAGR. This growth is fueled by savvy digital marketing tactics and direct-to-consumer models, effectively reaching archery enthusiasts spread across vast geographies. Vista Outdoor, a notable player, is amplifying its direct-to-consumer capabilities through its GEAR Up initiative, emphasizing both operational efficiency and heightened customer engagement. The surge of online channels can be traced back to improved shipping solutions for bulky archery gear and a concerted effort by manufacturers in digital product education, tackling the age-old challenges of online archery purchases. This digital shift not only allows manufacturers to enjoy better profit margins but also empowers them to offer in-depth product details and customization features, elevating customer satisfaction beyond what traditional retail can provide.
Geography Analysis
In 2024, North America commands a dominant 34.65% share of the global archery equipment market. This stronghold is bolstered by deep-rooted hunting traditions, robust competitive programs, and a well-established institutional framework that nurtures growing participation. Data from the Sports and Fitness Industry Association highlights that bow hunting, a key segment of archery in the U.S., saw its participant numbers swell to roughly five million in 2024, up from 4.9 million the year prior[3]Source: Sports and Fitness Industry Association, "Number of participants in bow hunting in the United States from 2011 to 2024", www.sfia.org. USA Archery, based in Colorado Springs since 1879, plays a pivotal role in this landscape, sanctioning over 350 events annually, including national championships, thereby championing competitive excellence and the sport's domestic growth. The region's advantage is further amplified by the presence of major equipment manufacturers and well-entrenched distribution networks. However, signs of industry consolidation hint at a maturing market, with players striving for enhanced efficiency.
Asia-Pacific is on a rapid ascent, projected to grow at a 7.25% CAGR through 2030. This surge is fueled by targeted government investments in sports infrastructure and a burgeoning middle class increasingly engaging in recreational activities. China's government is actively bolstering the sports industry, emphasizing the need for enhanced facilities for both athletes and spectators. Such initiatives lay a robust foundation for archery's infrastructure and a surge in equipment demand. The 2025 Hyundai Archery World Cup, set to unfold in Shanghai, not only underscores China's rising stature in the competitive archery arena but also amplifies local equipment demand. Meanwhile, Japan is gearing up for the 20th Asian Games in Aichi-Nagoya in 2026, where archery will be spotlighted among 41 sports, drawing an anticipated 15,000 delegates. This underscores the region's commitment to advancing archery and meticulously planning equipment procurement.
Europe enjoys consistent growth, anchored by the stability provided by World Archery's Lausanne headquarters in Switzerland and the continent's rich Olympic traditions. Major international events, like the 2025 World Cup stage in Antalya, Turkey, bolster the region's visibility and competitive infrastructure, fueling equipment demand. Furthermore, European clinical research underscores archery's therapeutic benefits, especially in rehabilitation medicine, unveiling fresh market avenues for specialized healthcare equipment. While South America, the Middle East, and Africa showcase burgeoning potential, their growth is tempered by infrastructural challenges and the high costs of equipment. Yet, with rising sports participation and governmental investments in recreational facilities, these regions eye promising long-term expansion.
Competitive Landscape
The archery equipment market is moderately concentrated, with a combination of global and regional players shaping its competitive dynamics. Leading companies in this market include Easton Technical Products, Inc., Mathews Archery Inc., Pure Archery Group, and Escalade, Inc. These key players are actively implementing strategies such as regional expansion, innovative product launches, technological advancements, and mergers and acquisitions to strengthen their market presence and drive sustainable growth.
Technological innovation serves as a cornerstone for competitive differentiation in the market. Manufacturers are significantly investing in research and development (R&D) and expanding their patent portfolios to maintain a premium positioning. Mathews Archery's introduction of Limb Shift™ Technology and Bridge-Lock sight systems demonstrates an innovation focus on user convenience and performance optimization.
The market also presents untapped opportunities in segments such as therapeutic archery equipment, entry-level products designed for educational programs, and smart archery technologies that integrate digital performance tracking. Emerging disruptors are capitalizing on direct-to-consumer models and focusing on niche product offerings, while established players leverage their extensive dealer networks and decades of brand recognition to maintain a competitive edge. These dynamics are expected to shape the market's growth trajectory during the forecast period.
Archery Equipment Industry Leaders
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Escalade, Inc.
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Pure Archery Group
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Easton Technical Products, Inc.
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Heritage Outdoor Group (PSE Archery)
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Mathews Archery Inc.
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- March 2025: Victory Archery launched a new HLR hunting arrow, featuring a small .204 diameter shaft for reduced wind drift and enhanced penetration, combined with a high-modulus carbon weave for exceptional speed, durability, and long-range accuracy. According to the company, the new HLR arrows offer advanced features like a 50-grain SHOK insert for customizable front-of-center balance, hand fletching for optimal vane alignment, and digital spine alignment for increased shot consistency, available in multiple straightness grades and spine options.
- February 2025: Easton expanded its product line with its new FMJ Max and 5.0 arrows for 2025 are engineered to elevate archery performance by combining a lighter-weight design for faster speeds with the renowned ruggedness and deep penetration of the Full Metal Jacket series, making them ideal for both hunting and target shooting.
- December 2024: Delta McKenzie Targets, LLC unveiled its latest additions to the ASA target lineup. Set to debut in 2025, the "Big Horn Sheep" and "Bedded Buck" will take the place of the "Aoudad" and "Brown Bear," which featured in the 2024 ASA Pro/Am tour.
- April 2024: The GlenDel introduced its new 3D Bear Target, which is an anatomically accurate archery target simulating a 250-pound black bear and features GlenDel’s PolyFusion 4-sided core technology for extended durability and easy arrow removal. According to the brand, it is constructed from ultra-durable, self-healing polyfoam with blow-molded legs and a replaceable 12"x12"x12" core. It accommodates field points, broadheads, and expandable broadheads, making it ideal for realistic bowhunting practice.
Global Archery Equipment Market Report Scope
Archery equipment refers to a range of products such as bows, arrows, targets, and other accessories used while playing archery sport. The archery equipment market is segmented by type, distribution channel, and geography. By type, the market is segmented into bows, arrows, targets, and other accessories. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, online retail stores, and other distribution channels. It provides an analysis of emerging and established economies across the world, comprising North America, Europe, South America, Asia-Pacific, and Middle-East and Africa. For each segment, the market sizing and forecasts have been done based on value (in USD million).
| Bows |
| Arrows |
| Targets |
| Accessories |
| Adult |
| Kids |
| Mass |
| Premium |
| Offline Retail Stores |
| Online Retail Stores |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Product Type | Bows | |
| Arrows | ||
| Targets | ||
| Accessories | ||
| By End User | Adult | |
| Kids | ||
| By Category | Mass | |
| Premium | ||
| By Distribution Channel | Offline Retail Stores | |
| Online Retail Stores | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Belgium | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current size of the archery equipment market?
The market stands at USD 2.35 billion in 2025.
How fast is the market expected to grow?
It is forecast to register a 5.32% CAGR between 2025 and 2030.
Which region offers the strongest growth outlook?
Asia-Pacific leads with a projected 7.25% CAGR through 2030.
How are sales channels evolving?
Brick-and-mortar stores still account for 67.46% of revenue, but online channels are rising quickly at a 6.78% CAGR.
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