Archery Equipment Market in the US 2015-2019

Archery Equipment Market in the US 2015-2019

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USA – CANADA – UK – CHINA – INDIA


The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Archery Equipment Market in the US 2015-2019,

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Key Trends

Technavio’s Senior Analyst says, “The market shows immense growth potential because of increased interest in sports in the US and increased vendor focus on R&D. Therefore, manufacturers are increasingly investing in developing innovative equipment to attract sports enthusiasts and tap the high growth potential of the market. They are implementing the latest technologies to enhance the efficiency of archery equipment.”

• Archery is an outdoor sport, wherein bows are used to propel arrows. Although the art of archery has been practiced for a long time, it was introduced in the Olympic Games in 1990. Initially, archery was used for hunting and on battlefields.

•The archery equipment market in the US is expected to grow at a CAGR of 9.55% during 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:



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Vendors

To understand the vendor landscape and for a full list of vendors view our report:


Bear Archery

Gold Tip

Mathews

Bear Archery was founded in 1939 and is headquartered in Evansville, Indiana, US. It designs, manufactures, and markets bows and archery products. It offers compound bows, traditional bows, gear and apparel, youth bows, institutional equipment, and trophy ridge accessories.

Gold Tip was incorporated in 2011 and is headquartered in Orem, Utah, US. The company manufactures carbon arrows, using the finest aerospace-grade materials, according to the standard weight and straightness specifications.

Mathews was founded in 1992 and is headquartered in Sparta, Wisconsin, US. The company designs, develops, and manufacturers bows and archery accessories.




Market Landscape

• Archery is a popular sport among players in the 25-45 age group.

• It has started to influence many young individuals because of its ease of practice.

• The US government has introduced various youth programs that are also encouraging people in this age group to take up archery.

• These factors have in turn led to an increase in purchase of archery equipment.

• The growing influence of the media has also increased the popularity of this sport.

• Various newly released movies based on archery have helped to attract the masses to take up the sport.

• Associations such as the ASA, NFAA, and TSAA have also helped in the growth of the market by enrolling youths in their respective archery programs.


Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameters Details

AffordabilityArchery gear should comprise quality products at an affordable price that can cater to the needs of the end-users.

Efficacy Vendors should offer quality products that ensure precise targeting.

Availability

Products should be easily accessible to consumers through retail outlets, online portals, and specialty stores.

DurabilityAs the repurchase cycle time for archery equipment is high, customers seek durable products made from safe and strong raw materials.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Archery Equipment Market in the US 2015-2019