Crossbow Market Size
According to Deep Market Insights, the global crossbow market size was valued at USD 1.8 billion in 2024 and is projected to grow from USD 1.9 billion in 2025 to USD 2.8 billion by 2030, registering a CAGR of 7.0% during the forecast period (2025–2030). The crossbow market growth is driven by increasing interest in competitive archery, adoption of smart crossbow technologies, and expanding participation in outdoor recreational activities such as hunting and sports shooting.
Key Market Insights
- Recurve and compound crossbows dominate the segment, offering precision and versatility for both hunting and sport applications.
- North America leads demand, while Asia-Pacific represents the fastest-growing region due to rising outdoor activity participation.
- Integration of digital sighting systems and performance-tracking apps is creating new product subcategories appealing to tech-savvy users.
- Women-focused crossbows with lighter builds and ergonomic designs are gaining traction.
- Direct-to-consumer and e-commerce channels are accelerating sales, supported by online tutorials and performance metrics.
Market Size and Forecast
- 2024: USD 1.8 billion
- 2030: USD 2.8 billion
- CAGR: 7.0% (2025–2030)
- North America: Largest Market
- Asia-Pacific: Fastest Growing Market
Latest Market Trends
- Smart crossbows with digital integration: Advanced sighting systems, Bluetooth connectivity, and performance apps enhance accuracy and tracking for hunters and competitive archers.
- Competitive crossbow segment growth: Inclusion of crossbows in archery tournaments and leagues is creating a niche market distinct from traditional bow sports.
- Hybrid hunting and sport designs: Multi-purpose crossbows optimized for both hunting and target shooting are expanding the addressable user base.
Crossbow Market Drivers
- Technological advancements: Enhanced precision, lightweight materials, and ergonomic builds are increasing adoption among hobbyists, professional hunters, and sports enthusiasts.
- Rising outdoor recreational interest: Post-pandemic trends show higher participation in archery, hunting, and adventure sports, boosting crossbow demand.
- Women-first product development: Lighter, ergonomically designed crossbows are catering to female consumers, broadening market reach and encouraging inclusive participation.
Market Restraints
- Regulatory restrictions: Strict laws governing crossbow ownership and use in certain regions limit market expansion.
- Environmental concerns: Manufacturing materials such as synthetic composites raise sustainability issues, driving calls for eco-friendly alternatives.
- High entry cost: Premium crossbow models with advanced technology remain expensive, restricting access for casual or beginner users.
Crossbow Market Opportunities
- Eco-friendly material development: Use of biodegradable composites and recycled metals can attract environmentally conscious consumers.
- Expansion into emerging markets: Targeting Asia-Pacific and Latin American regions with rising outdoor activity participation presents significant growth potential.
- Modular and customizable designs: Offering adjustable draw weights, interchangeable components, and smart add-ons can differentiate brands and drive premium sales.
Segmental Insights
- By Type: Compound and recurve crossbows dominate, while bullpup and modular designs are gaining traction as niche products.
- By End-User: Hunters lead overall adoption, but recreational archery and competitive shooters are emerging as high-growth segments.
- By Distribution Channel: E-commerce is the fastest-growing channel, supported by online tutorials, digital marketing, and product configurators. Specialty stores remain critical for in-person demonstrations and fittings.
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Regional Insights
- North America: Largest market, supported by a mature hunting culture, competitive archery events, and advanced specialty retail networks.
- Europe: Strong adoption in Germany, France, and the UK, with high participation in sport shooting and regulated hunting.
- Asia-Pacific: Fastest-growing region, led by China, India, and Japan, driven by outdoor sports initiatives and increasing disposable income.
- Latin America: Brazil and Mexico show rising demand, supported by growing outdoor recreation and hunting communities.
- Middle East & Africa: UAE, South Africa, and select North African countries are witnessing gradual adoption, fueled by adventure tourism and sports clubs.
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Note: The above countries are part of our standard off-the-shelf report, we can add countries of your interest
Regional Growth Insights Download Free Sample
Leading Companies in the Crossbow Industry
- TenPoint Crossbow Technologies
- Excalibur Crossbow
- Barnett Crossbows
- Ravin Crossbows
- Horton Archery
- Parker Bows
- CenterPoint Archery
- Scorpyd Crossbows
- EK Archery
- Mission Crossbows
Latest Developments
- March 2025: TenPoint Crossbow Technologies launched a smart crossbow model with an integrated digital tracking and Bluetooth-enabled sighting system.
- April 2025: Ravin Crossbows introduced a lightweight, ergonomic bullpup design targeting female archers and new users.
- June 2025: Barnett Crossbows expanded its hybrid hunting-sport lineup, combining target accuracy with field-ready power for recreational and competitive users.
Frequently Asked Questions
How big is the global crossbow market?
According to Deep Market Insights, the global crossbow market size was valued at USD 1.8 billion in 2024 and is projected to reach USD 2.8 billion by 2030, expanding at a CAGR of 7.0% during 2025–2030.
What are the key opportunities in the crossbow market?
Eco-friendly material development, modular/customizable designs, and expansion into emerging markets are the key opportunities.
Who are the leading players in the crossbow market?
TenPoint Crossbow Technologies, Excalibur Crossbow, Barnett Crossbows, Ravin Crossbows, Horton Archery, Parker Bows, CenterPoint Archery, Scorpyd Crossbows, EK Archery, Mission Crossbows.
What are the factors driving the growth of market?
Technological advancements, rising interest in competitive archery, and increasing outdoor recreational participation are the factors driving growth.
Which are the various segmentation that the market report covers?
The market report is segmented as follows: By Product Type, By End-User, By Distribution Channel.