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A10164 | Pages: 230 | Charts: 56 | Tables: 114 |
The global crossbows market size was valued at $0.8 billion in 2023, and is projected to reach $1.1 billion by 2033, growing at a CAGR of 3.2% from 2024 to 2033. Crossbows are a ranged weapon for hunting, target shooting, and leisure activities. These tools are bows with stocks that launch projectiles, usually bolts or arrows. Crossbows that cater to both recreational and professional users are widely available in the market, including recurve, compound, and pistol crossbows. Sports shooters, hunters, and archery contests are the main sources of demand, especially in North America and Europe. Furthermore, advancements in design and materials and a rise in interest in leisure activities support the crossbows market growth. Safety concerns and regulatory actions also affect product offerings and market dynamics.
The crossbows market study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period.
More than 1, 500 product literature, industry releases, annual reports, and other such documents of major crossbows industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
Key Market Players