市場調查報告書
商品編碼
1603482
射箭設備市場規模、佔有率、成長分析,按設備類型、分銷管道、地區分類 - 產業預測,2024-2031 年Archery Equipment Market Size, Share, Growth Analysis, By Equipment Type (Bows, Arrows), By Distribution Channel (Online Retail Stores, Other Distribution Channels), By Region - Industry Forecast 2024-2031 |
2022年全球射箭用品市場規模為39.7億美元,從2023年的42.1億美元成長到2031年的67.6億美元,在預測期內(2024-2031年)預計複合年成長率為6.1%。
全球射箭市場在不同年齡層和性別中迅速普及,人們將射箭視為有趣的消遣和競技運動。這種受歡迎程度的增加是因為人們認知到射箭對身心健康有顯著貢獻,包括提高肌肉力量、手眼協調能力、改善姿勢和增強認知能力是射箭用品市場的主要促進因素。然而,射箭器材的高價成為突出挑戰,為中階低收入消費者造成障礙,限制了市場拓展。為了因應不斷變化的消費者偏好,轉向永續性和環保產品是該行業的新興趨勢。製造商擴大在產品開發中優先考慮使用環保材料,以滿足具有環保意識的客戶對永續選擇不斷成長的需求。這個策略支點不僅符合更廣泛的社會趨勢,也為射箭品牌提供了在競爭格局中脫穎而出的機會。總體而言,市場即將成長,但解決與成本相關的障礙並納入永續實踐對於接觸更廣泛的受眾並促進射箭用品領域的長期成功至關重要。
Global Archery Equipment Market size was valued at USD 3.97 billion in 2022 and is poised to grow from USD 4.21 billion in 2023 to USD 6.76 billion by 2031, growing at a CAGR of 6.1% during the forecast period (2024-2031).
The global archery market is witnessing a surge in popularity across diverse age groups and genders, as individuals embrace it as both an enjoyable pastime and a competitive sport. This rise in engagement is underscored by the recognition of archery's significant mental and physical health benefits, such as improved muscle strength, hand-eye coordination, enhanced posture, and bolstered cognitive abilities, which collectively act as key drivers for the archery equipment market. However, the high cost of archery gear poses a notable challenge, creating barriers for middle-class and low-income consumers, thereby limiting market expansion. In response to evolving consumer preferences, an emerging trend within the industry is the concerted shift towards sustainability and eco-friendliness. Manufacturers are increasingly prioritizing the use of eco-friendly materials in their product development, catering to the growing demand for sustainable options among environmentally conscious customers. This strategic pivot not only aligns with broader societal trends but also provides archery brands with an opportunity to differentiate themselves in a competitive landscape. Overall, while the market is poised for growth, addressing cost-related barriers and embracing sustainable practices will be crucial for capturing a wider audience and fostering long-term success in the archery equipment sector.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Archery Equipment market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Archery Equipment Market Segmental Analysis
Global Archery Equipment Market is segmented by equipment type, distribution channel and region. Based on equipment type, the market is segmented into bows (compound bows, recurve bows, traditional bows, crossbows), arrows (target arrows, hunting arrows, recreational arrows), accessories (stabilizers, sights, armguards, quivers, bowstrings, broad heads) and targets (foam targets, 3d targets, paper targets). Based on distribution channel, the market is segmented into supermarkets, specialty stores, online retail stores and other distribution channels. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Archery Equipment Market
A significant driver of the global archery equipment market is the increasing awareness of the physical and mental benefits associated with the sport. People across the globe are recognizing that archery not only enhances physical fitness but also promotes mental well-being. Engaging in archery can alleviate mental stress, while simultaneously improving muscular strength, posture, and hand-eye coordination. These holistic benefits encourage individuals to participate more actively in archery, fostering a sense of self-improvement and health enhancement. As a result, this growing awareness is propelling the demand for archery equipment in various regions, contributing to the overall expansion of the market.
Restraints in the Global Archery Equipment Market
One significant limitation impacting the global archery equipment market is the high cost associated with these products. The expensive nature of archery gear poses financial barriers, particularly for individuals from low-income backgrounds, making it challenging for them to participate in the sport. Although archery has gained popularity as a rewarding hobby, the escalating prices of necessary equipment deter many potential enthusiasts from taking up the activity. This, in turn, affects the overall adoption rates and hampers collaborations with professional athletes, ultimately hindering the growth and expansion of the market as a whole.
Market Trends of the Global Archery Equipment Market
The Global Archery Equipment market is experiencing a significant trend towards sustainability and eco-friendliness, reflecting a broader consumer shift towards environmental consciousness. Manufacturers are increasingly prioritizing the development of archery products made from renewable materials and implementing sustainable practices to reduce ecological impact. This change aligns with the growing demand for biodegradable and recyclable components among environmentally-aware consumers. As a result, brands are innovating and adapting their product lines to cater to this market segment, positioning themselves competitively by emphasizing their commitment to sustainability, thereby enhancing brand loyalty and consumer trust in an evolving marketplace.