| Product Code: ETC8034407 | 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, Lithuania saw a steady increase in archery equipment imports, with top exporting countries being China, Poland, Other European countries, Latvia, and Metropolitan France. The market remained fairly competitive with low concentration levels, indicating a diverse range of suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 was a promising 10.11%, reflecting a growing demand for archery equipment in Lithuania. Additionally, the growth rate from 2023 to 2024 was a healthy 6.65%, suggesting a positive trajectory for the market in the coming years.

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 Lithuania Archery Equipment Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Archery Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Archery Equipment Market - Industry Life Cycle |
3.4 Lithuania Archery Equipment Market - Porter's Five Forces |
3.5 Lithuania Archery Equipment Market Revenues & Volume Share, By Equipment Type, 2021 & 2031F |
3.6 Lithuania Archery Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Lithuania Archery Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Archery Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of archery as a recreational sport in Lithuania |
4.2.2 Growing interest in outdoor activities and sports tourism |
4.2.3 Innovation and technological advancements in archery equipment manufacturing |
4.3 Market Restraints |
4.3.1 Limited awareness and promotion of archery as a sport in Lithuania |
4.3.2 High initial costs associated with purchasing archery equipment |
4.3.3 Seasonal nature of archery participation due to weather conditions |
5 Lithuania Archery Equipment Market Trends |
6 Lithuania Archery Equipment Market, By Types |
6.1 Lithuania Archery Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Archery Equipment Market Revenues & Volume, By Equipment Type, 2021- 2031F |
6.1.3 Lithuania Archery Equipment Market Revenues & Volume, By Bowstyles, 2021- 2031F |
6.1.4 Lithuania Archery Equipment Market Revenues & Volume, By Arrows, 2021- 2031F |
6.1.5 Lithuania Archery Equipment Market Revenues & Volume, By Accessories, 2021- 2031F |
6.2 Lithuania Archery Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Archery Equipment Market Revenues & Volume, By Online Stores, 2021- 2031F |
6.2.3 Lithuania Archery Equipment Market Revenues & Volume, By Offline Stores, 2021- 2031F |
6.2.4 Lithuania Archery Equipment Market Revenues & Volume, By Specialty Sports Shops, 2021- 2031F |
6.2.5 Lithuania Archery Equipment Market Revenues & Volume, By Department Stores, 2021- 2031F |
6.2.6 Lithuania Archery Equipment Market Revenues & Volume, By Sporting Goods Stores, 2021- 2031F |
6.2.7 Lithuania Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Lithuania Archery Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Archery Equipment Market Revenues & Volume, By Recreational, 2021- 2031F |
6.3.3 Lithuania Archery Equipment Market Revenues & Volume, By Sports/ Professional, 2021- 2031F |
6.3.4 Lithuania Archery Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Lithuania Archery Equipment Market Import-Export Trade Statistics |
7.1 Lithuania Archery Equipment Market Export to Major Countries |
7.2 Lithuania Archery Equipment Market Imports from Major Countries |
8 Lithuania Archery Equipment Market Key Performance Indicators |
8.1 Number of archery clubs and facilities in Lithuania |
8.2 Participation rates in archery competitions and events |
8.3 Adoption rate of new technologies in archery equipment manufacturing |
9 Lithuania Archery Equipment Market - Opportunity Assessment |
9.1 Lithuania Archery Equipment Market Opportunity Assessment, By Equipment Type, 2021 & 2031F |
9.2 Lithuania Archery Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Lithuania Archery Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Archery Equipment Market - Competitive Landscape |
10.1 Lithuania Archery Equipment Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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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