diff --git a/ci/conda_env_archery.txt b/ci/conda_env_archery.txt
index ace7a42acb026..40875e0a55039 100644
--- a/ci/conda_env_archery.txt
+++ b/ci/conda_env_archery.txt
@@ -25,7 +25,7 @@ jira
 pygit2
 pygithub
 ruamel.yaml
-setuptools_scm
+setuptools_scm<8.0.0
 toolz
 
 # benchmark
diff --git a/ci/conda_env_crossbow.txt b/ci/conda_env_crossbow.txt
index 347294650ca28..59b799720f12b 100644
--- a/ci/conda_env_crossbow.txt
+++ b/ci/conda_env_crossbow.txt
@@ -21,5 +21,5 @@ jinja2
 jira
 pygit2
 ruamel.yaml
-setuptools_scm
+setuptools_scm<8.0.0
 toolz
diff --git a/ci/conda_env_python.txt b/ci/conda_env_python.txt
index 4ae5c3614a1dc..d914229ec58c0 100644
--- a/ci/conda_env_python.txt
+++ b/ci/conda_env_python.txt
@@ -28,4 +28,4 @@ pytest-faulthandler
 pytest-lazy-fixture
 s3fs>=2021.8.0
 setuptools
-setuptools_scm
+setuptools_scm<8.0.0
diff --git a/dev/archery/setup.py b/dev/archery/setup.py
index 08e41225f673a..e2c89ae204bd6 100755
--- a/dev/archery/setup.py
+++ b/dev/archery/setup.py
@@ -30,7 +30,7 @@
 extras = {
     'benchmark': ['pandas'],
     'crossbow': ['github3.py', jinja_req, 'pygit2>=1.6.0', 'requests',
-                 'ruamel.yaml', 'setuptools_scm'],
+                 'ruamel.yaml', 'setuptools_scm<8.0.0'],
     'crossbow-upload': ['github3.py', jinja_req, 'ruamel.yaml',
                         'setuptools_scm'],
     'docker': ['ruamel.yaml', 'python-dotenv'],
diff --git a/dev/tasks/conda-recipes/arrow-cpp/meta.yaml b/dev/tasks/conda-recipes/arrow-cpp/meta.yaml
index ac4b29eb5ee7e..fbe40af3dae01 100644
--- a/dev/tasks/conda-recipes/arrow-cpp/meta.yaml
+++ b/dev/tasks/conda-recipes/arrow-cpp/meta.yaml
@@ -244,7 +244,7 @@ outputs:
         - numpy
         - python
         - setuptools
-        - setuptools_scm
+        - setuptools_scm <8.0.0
       run:
         # - {{ pin_subpackage('libarrow', exact=True) }}
         - libarrow ={{ version }}=*_{{ PKG_BUILDNUM }}_{{ build_ext }}
@@ -327,7 +327,7 @@ outputs:
         - numpy
         - python
         - setuptools
-        - setuptools_scm
+        - setuptools_scm <8.0.0
       run:
         - {{ pin_subpackage('pyarrow', exact=True) }}
         - python
diff --git a/python/pyproject.toml b/python/pyproject.toml
index 7e61304585809..a1de6ac4f1c7e 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -19,7 +19,7 @@
 requires = [
     "cython >= 0.29.31,<3",
     "oldest-supported-numpy>=0.14",
-    "setuptools_scm",
+    "setuptools_scm < 8.0.0",
     "setuptools >= 40.1.0",
     "wheel"
 ]
diff --git a/python/requirements-build.txt b/python/requirements-build.txt
index 6378d1b94e1bb..efd653ec470d5 100644
--- a/python/requirements-build.txt
+++ b/python/requirements-build.txt
@@ -1,4 +1,4 @@
 cython>=0.29.31,<3
 oldest-supported-numpy>=0.14
-setuptools_scm
+setuptools_scm<8.0.0
 setuptools>=38.6.0
diff --git a/python/requirements-wheel-build.txt b/python/requirements-wheel-build.txt
index e4f5243fbc2fe..00504b0c731a1 100644
--- a/python/requirements-wheel-build.txt
+++ b/python/requirements-wheel-build.txt
@@ -1,5 +1,5 @@
 cython>=0.29.31,<3
 oldest-supported-numpy>=0.14
-setuptools_scm
+setuptools_scm<8.0.0
 setuptools>=58
 wheel
diff --git a/python/setup.py b/python/setup.py
index abd9d03cfb17e..062aac307b1e4 100755
--- a/python/setup.py
+++ b/python/setup.py
@@ -492,7 +492,7 @@ def has_ext_modules(foo):
                                  'pyarrow/_generated_version.py'),
         'version_scheme': guess_next_dev_version
     },
-    setup_requires=['setuptools_scm', 'cython >= 0.29.31,<3'] + setup_requires,
+    setup_requires=['setuptools_scm < 8.0.0', 'cython >= 0.29.31,<3'] + setup_requires,
     install_requires=install_requires,
     tests_require=['pytest', 'pandas', 'hypothesis'],
     python_requires='>=3.8',