Us Shooting and Gun Accessories Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Shooting and Gun Accessories Market was valued at USD 15.2 Billion in 2022 and is projected to reach USD 23.5 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. shooting and gun accessories market has experienced significant growth in recent years, driven by factors such as increased interest in recreational shooting, hunting, and personal defense. As of 2023, the market was valued at approximately $6.45 billion and is projected to reach $12.94 billion by 2033, reflecting a compound annual growth rate (CAGR) of 7.21%. This expansion is attributed to rising consumer demand for firearms and related accessories, technological advancements, and a growing emphasis on personal safety.
Key segments within the market include firearms such as handguns, shotguns, and rifles, as well as accessories like ammunition, scopes, holsters, and cleaning kits. The demand for these products is influenced by various factors, including participation in shooting sports, hunting activities, and concerns over personal security. Notably, the air rifle segment holds a dominant position, accounting for more than 52% of the market share in 2023, driven by their popularity in recreational shooting and hunting.
North America, particularly the United States, holds a significant share of the global market, with the U.S. alone accounting for over 40% of the market revenue in 2023. This dominance is attributed to the strong culture of firearm ownership, extensive shooting ranges, and a well-established retail and distribution network. The U.S. has a high number of civilian-owned firearms, driven by personal defense, hunting, and sports shooting activities. The market in this region is supported by continuous technological advancements and innovations in firearm design and accessories. The presence of major industry players and the organization of shooting sports events further bolster market growth.
Recent developments in the industry include the introduction of smart firearms and accessories, such as biometric guns and advanced optics, enhancing safety and performance. Manufacturers are focusing on product innovation to meet the evolving needs of consumers. For instance, in April 2023, Biofire Technologies launched a 9mm smart handgun featuring unique biometric recognition technology, ensuring that only authorized users can operate the firearm. This innovation reflects a broader trend toward integrating technology into shooting and gun accessories, aiming to improve user experience and safety.
Despite the positive outlook, the market faces challenges such as stringent regulations, public perception issues, and economic factors that can impact consumer spending. Regulatory complexities surrounding firearms sales and ownership require industry participants to stay updated with the latest legal requirements and comply with all applicable regulations. Additionally, negative public perception of firearms can deter potential consumers from engaging with the market. Safety concerns and the potential for misuse of firearms also contribute to this restraint. Moreover, economic downturns can lead to reduced consumer spending on non-essential items, including firearms and their accessories.
In conclusion, the U.S. shooting and gun accessories market is poised for continued growth, driven by technological advancements, increasing consumer interest in shooting sports and personal defense, and a robust retail infrastructure. However, stakeholders must navigate regulatory challenges and public perception issues to sustain this growth trajectory. The integration of innovative technologies and a focus on customer experience will be crucial in shaping the future of the market.
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Crosman
Umarex
Gamo
Feinwerkbau
Shanghai Air Gun
Daisy
Baikal
Fujian Qingliu
Anschutz
Weihrauch
Webley & Scott
Daystate
Hatsan
Evanix
BSA Guns
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Shooting and Gun Accessories Market
Firearms
Ammunition
Optics
Gun Accessories
Holsters and Carrying Cases
Online Retail
Offline Retail
Wholesale Distributors
Recreational Shooters
Competitive Shooters
Law Enforcement Agencies
Military Organizations
Hunting Enthusiasts
Aluminum
Steel
Polymer
Wood
Composite Materials
Low-End (Under $100)
Mid-Range ($100 - $500)
High-End (Over $500)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Shooting and Gun Accessories Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Shooting and Gun Accessories Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Shooting and Gun Accessories Market, By Type
6. Global Shooting and Gun Accessories Market, By Application
7. Global Shooting and Gun Accessories Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Shooting and Gun Accessories Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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