I have predicted a coming "boom", for lack of a better word, in traditional archery for a couple years.
My reasoning follows my experience.
There's millions of compound shooters out there. Many have been shooting them for years and killing a pile of deer with them. Compound hunting, for good experienced bowhunters is just easy with todays compound gear and gadgets. Draw, hold, put glowing pin on deer, squeeze trigger...dead deer.
But as like me, it gets to the point where there's hardly any challenge left to compounds other than extending range. I got to the point where I was practicing, for hunting, out to 60 yards. The last buck I shot with a compound was 47 yards. It was also my best bow buck. A nice northern Michigan 8pt. But oddly enough, "that feeling" just wasn't there for me. It was more of an "empty/lacking" feeling than one of accomplishment.
I gave up the compound after that season.
I know have several of my hunting buddies, all compound hunters, who are watching the fun I'm having, and that I'm killing deer and are now expressing serious interest in going to traditional bows.
What may be different, as we me, is many new folks to trad probably won't be into "the trad lifestyle", for lack of a better term.
I am not, for example. I'm a bowhunter with 32 seasons under my belt, who happens to now hunt with traditional bows. But I don't want to wear plaid, I like my ASAT wool and I don't prefer to make my own things. I don't care to camp with a bunch of trad-gangers. There's nothing wrong with it, of course, but I'm very serious about my deer hunting and I'm scouting, building blinds, doing habitat work, etc, when others are at trad shoots. All cool, but we have different goals.
I owned a fly fishing store and I'm a huge supporter of supporting local sport shops. And I'm lucky to have a great one nearby, in Traditional Outdoor Supply, in Sand Lake Michigan. If we don't buy things at these shops, they go out of business and only the big box stores survive. So I like buying compared to DIY.
Anyhow, I'd suspect to see a lot of new trad bowhunters nosing around, because there's a ton of compound shooters who are or will become bored with the ease of hunting with a compound in the next decade.
And ultimately, I contend that that is a good thing. Especially when you consider the alternative.
If we consider that hunter numbers are falling all across the country as the baby boomers age and the youth isn't replacing them, having growth in traditional archery is a net plus, no matter how you slice it.