| Product Code: ETC6758237 | 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 |
In 2024, Colombia continued to heavily rely on imports for archery equipment, with top exporting countries being China, Spain, Pakistan, France, and Italy. Despite a moderate Compound Annual Growth Rate (CAGR) of 1.58% from 2020 to 2024, the industry experienced a slight decline in growth rate from 2023 to 2024. The High Herfindahl-Hirschman Index (HHI) indicates a market structure with very high concentration, suggesting potential challenges for market competition and diversification in the archery equipment sector in Colombia.

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 Colombia Archery Equipment Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Archery Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Archery Equipment Market - Industry Life Cycle |
3.4 Colombia Archery Equipment Market - Porter's Five Forces |
3.5 Colombia Archery Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Colombia Archery Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Colombia Archery Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Archery Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in outdoor recreational activities |
4.2.2 Growing popularity of archery as a sport in Colombia |
4.2.3 Rise in disposable income leading to higher spending on leisure activities |
4.3 Market Restraints |
4.3.1 Limited awareness about archery as a sport in Colombia |
4.3.2 Lack of infrastructure and facilities for archery training and competitions |
4.3.3 High import tariffs on archery equipment affecting affordability |
5 Colombia Archery Equipment Market Trends |
6 Colombia Archery Equipment Market, By Types |
6.1 Colombia Archery Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Archery Equipment Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Colombia Archery Equipment Market Revenues & Volume, By Bowstyles, 2021- 2031F |
6.1.4 Colombia Archery Equipment Market Revenues & Volume, By Arrows, 2021- 2031F |
6.1.5 Colombia Archery Equipment Market Revenues & Volume, By Accessories, 2021- 2031F |
6.2 Colombia Archery Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Colombia Archery Equipment Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.3 Colombia Archery Equipment Market Revenues & Volume, By Offline Stores, 2021- 2031F |
6.2.4 Colombia Archery Equipment Market Revenues & Volume, By Specialty Sports Shops, 2021- 2031F |
6.2.5 Colombia Archery Equipment Market Revenues & Volume, By Department Stores, 2021- 2031F |
6.2.6 Colombia Archery Equipment Market Revenues & Volume, By Sporting Goods Stores, 2021- 2031F |
6.2.7 Colombia Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Colombia Archery Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Colombia Archery Equipment Market Revenues & Volume, By Recreational, 2021- 2031F |
6.3.3 Colombia Archery Equipment Market Revenues & Volume, By Sports/ Professional, 2021- 2031F |
6.3.4 Colombia Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Archery Equipment Market Import-Export Trade Statistics |
7.1 Colombia Archery Equipment Market Export to Major Countries |
7.2 Colombia Archery Equipment Market Imports from Major Countries |
8 Colombia Archery Equipment Market Key Performance Indicators |
8.1 Number of archery clubs and associations in Colombia |
8.2 Participation rates in archery competitions and events |
8.3 Number of archery equipment retailers and distributors in the market |
8.4 Percentage of population engaged in archery-related activities |
8.5 Government initiatives and funding for promoting archery sports |
9 Colombia Archery Equipment Market - Opportunity Assessment |
9.1 Colombia Archery Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Colombia Archery Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Colombia Archery Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Archery Equipment Market - Competitive Landscape |
10.1 Colombia Archery Equipment Market Revenue Share, By Companies, 2024 |
10.2 Colombia 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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