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The archery equipment market size is forecast to increase by USD 1.52 billion at a CAGR of 7.5% between 2023 and 2028. The market is experiencing significant growth due to the increasing popularity of archery as a recreational and competitive sport among target archers and bowhunters. Modern materials and advanced technologies, such as the BOWdometer Open Platform, which provides real-time shooting data, are enhancing the user experience and making archery a more effective and efficient practice companion. However, the market faces challenges including the presence of counterfeit products and the need for durability, particularly in recurve and compound bows. To stay competitive, manufacturers must focus on producing high-quality, authentic equipment using innovative materials and design techniques to meet the evolving needs of consumers. By addressing these trends and challenges, the market is poised for continued growth and success.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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