| Product Code: ETC8834717 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines` archery equipment import market in 2024 continued to be dominated by top exporting countries such as China, South Korea, Germany, Hong Kong, and Poland. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a remarkable compound annual growth rate (CAGR) of 20.92% from 2020 to 2024, the industry demonstrates significant expansion. Particularly noteworthy is the impressive growth rate of 136.76% from 2023 to 2024, showcasing a rapid acceleration in demand for archery equipment in the Philippines.


1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Archery Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Archery Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Archery Equipment Market - Industry Life Cycle |
3.4 Philippines Archery Equipment Market - Porter's Five Forces |
3.5 Philippines Archery Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Philippines Archery Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Philippines Archery Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Archery Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in sports and recreational activities in the Philippines |
4.2.2 Rise in disposable income leading to increased spending on leisure activities |
4.2.3 Government initiatives promoting sports participation and infrastructure development |
4.3 Market Restraints |
4.3.1 Limited awareness about archery as a sport in the Philippines |
4.3.2 High import duties and taxes on archery equipment |
4.3.3 Availability of alternative sports and recreational activities competing for consumer attention |
5 Philippines Archery Equipment Market Trends |
6 Philippines Archery Equipment Market, By Types |
6.1 Philippines Archery Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Archery Equipment Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Philippines Archery Equipment Market Revenues & Volume, By Bowstyles, 2021- 2031F |
6.1.4 Philippines Archery Equipment Market Revenues & Volume, By Arrows, 2021- 2031F |
6.1.5 Philippines Archery Equipment Market Revenues & Volume, By Accessories, 2021- 2031F |
6.2 Philippines Archery Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Philippines Archery Equipment Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.3 Philippines Archery Equipment Market Revenues & Volume, By Offline Stores, 2021- 2031F |
6.2.4 Philippines Archery Equipment Market Revenues & Volume, By Specialty Sports Shops, 2021- 2031F |
6.2.5 Philippines Archery Equipment Market Revenues & Volume, By Department Stores, 2021- 2031F |
6.2.6 Philippines Archery Equipment Market Revenues & Volume, By Sporting Goods Stores, 2021- 2031F |
6.2.7 Philippines Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Philippines Archery Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Archery Equipment Market Revenues & Volume, By Recreational, 2021- 2031F |
6.3.3 Philippines Archery Equipment Market Revenues & Volume, By Sports/ Professional, 2021- 2031F |
6.3.4 Philippines Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Archery Equipment Market Import-Export Trade Statistics |
7.1 Philippines Archery Equipment Market Export to Major Countries |
7.2 Philippines Archery Equipment Market Imports from Major Countries |
8 Philippines Archery Equipment Market Key Performance Indicators |
8.1 Number of archery clubs and facilities in the Philippines |
8.2 Participation rates in archery competitions and events |
8.3 Investments in archery infrastructure and training programs |
9 Philippines Archery Equipment Market - Opportunity Assessment |
9.1 Philippines Archery Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Philippines Archery Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Philippines Archery Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Archery Equipment Market - Competitive Landscape |
10.1 Philippines Archery Equipment Market Revenue Share, By Companies, 2024 |
10.2 Philippines Archery Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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