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Global Sports Gun Market: By Gun Type: Rifle, Pistol, Shotgun, Others; By Distribution Channels: Gun Stores, Sporting Goods Stores, Online, Others; By Application: Competitive Shooting, Recreational Sports; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Sports Gun Market Outlook
The global sports gun market is estimated to grow in the forecast period of 2023-2028 at a CAGR of 9.2% to reach about USD 2.86 billion by 2027.
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North America Holding a Significant Share in the Market for Sports Gun
The North American region has witnessed a significant share in the market of sports gun on account of the increasing interest of consumers in trying new sports across the region. The rising participation of the population in sporting events, along with rising investments in training students for shooting events in countries like the United States and the expansion strategies of strong market players in the region are driving the market growth of sports gun in North America. Moreover, the Asia Pacific region is anticipated to register market growth in sports gun during the forecast period due to the surging involvement in Asian sports games. For instance, ISSF increases Olympic shooting quotas for Asian countries which are further expected to bolster the market growth of sports gun in the region. The evolving economies like India, and China, among others, are attracting more consumers due to surging government initiatives like Khelo India Youth Games and increasing investment in the National Sports Development Fund is likely to fuel the market growth of sports gun over the upcoming years.
Market Segmentation
Sports guns are primarily used in sporting events like target shooting, rifle shooting, and handgun shooting for recreational or competitive purposes. These guns are non-lethal weapons that utilise metal tubes to fire bullets, artillery shells, pellets, arrows or darts with explosive force or compressed air.
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The market for sports gun, by gun type, is divided into:
- Rifle
- Pistol
- Shotgun
- Others
The market can be broadly categorised on the basis of distribution channel segments into:
- Gun Stores
- Sporting Goods Stores
- Online
- Others
The market is further segregated on the basis of application into:
- Competitive Shooting
- Recreational Sports
The EMR report looks into the regional markets of sports gun like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
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Rising Participation in Shooting Sports to Boost the Market Demand for Sports Gun
The global market for sports gun is driven by the increasing involvement of people in shooting sports such as target shooting, which enhances mental as well as physical discipline. The surging advancements in the firearms industry along with the rising popularity of Olympic games, availability of shooting sports facilities and others and growing awareness about the advantages of shooting sports like developing self-discipline, improved self-confidence, increased eye-hand coordination, and mental processing, among others, are driving the market growth of sports gun across the globe. The growing advanced technology in guns like modular weapons, and smart guns, among others, is further fuelling the market growth of sports gun. Moreover, the rising interest among the young population in various sports like Olympic and Commonwealth Games is likely to gain momentum in the market growth of sports gun during the forecast period.
Key Players in the Global Sports Gun Market
The report presents a detailed analysis of the following key players in the global sports gun market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- American Tactical Inc.
- Crosman Corporation
- J.G. ANSCHÜTZ GmbH & Co.KG
- Howa Machinery, Ltd.
- Sturm, Ruger & Co., Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Gun Type |
|
| Breakup by Distribution Channels |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Opportunities and Challenges in the Market
8 Global Sports Gun Market Analysis
8.1 Key Industry Highlights
8.2 Global Sports Gun Historical Market (2018-2022)
8.3 Global Sports Gun Market Forecast (2023-2028)
8.4 Global Sports Gun Market by Gun Type
8.4.1 Rifle
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Pistol
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Shotgun
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Sports Gun Market by Distribution Channels
8.5.1 Gun Stores
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Sporting Goods Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Online
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Sports Gun Market by Application
8.6.1 Competitive Shooting
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Recreational Sports
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Sports Gun Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Sports Gun Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Sports Gun Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Sports Gun Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Sports Gun Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Sports Gun Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 American Tactical Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Crosman Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 J.G. ANSCHÜTZ GmbH & Co.KG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Howa Machinery, Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Sturm, Ruger & Co., Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sports Gun Market: Key Industry Highlights, 2018 and 2028
2. Global Sports Gun Historical Market: Breakup by Gun Type (USD Million), 2018-2022
3. Global Sports Gun Market Forecast: Breakup by Gun Type (USD Million), 2023-2028
4. Global Sports Gun Historical Market: Breakup by Distribution Channels (USD Million), 2018-2022
5. Global Sports Gun Market Forecast: Breakup by Distribution Channels (USD Million), 2023-2028
6. Global Sports Gun Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Sports Gun Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Sports Gun Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Sports Gun Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Sports Gun Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Sports Gun Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Sports Gun Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Sports Gun Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Sports Gun Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Sports Gun Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Sports Gun Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Sports Gun Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Sports Gun Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Sports Gun Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Sports Gun Market Structure.
Key Questions Answered in the Report
The global sports gun market is assessed to grow at a CAGR of 9.2% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach almost USD 2.86 billion by 2027.
The major market drivers are increasing interest in new sports among the younger population, rapid urbanisation, changing lifestyles, and innovative marketing strategies by branded market players.
The key market trends guiding the growth of the market include the evolving technology and surging involvement in Asian sports games.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types that are available in the market include rifle, pistol, and shotgun, among others.
The different distribution channels available in the market are gun stores, sporting goods stores, and online, among others.
The various applications of sports gun are competitive shooting and recreational sports.
The major players in the market are American Tactical Inc., Crosman Corporation, J.G. ANSCHÜTZ GmbH & Co.KG, Howa Machinery, Ltd., and Sturm, Ruger & Co., Inc., among others.
Analyst Review
The global sports gun market is driven by the increasing disposable income and surging government investment in sports. Aided by the rising participation of young population in sporting events, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 9.2%. The market is estimated to reach about USD 2.86 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. The market for sports gun, by type, is divided into rifle, pistol, and shotgun, among others. By distribution channels, the market is segmented into gun stores, sporting goods stores, and online, among others. On the basis of applications, the market is classified as competitive shooting and recreational sports. The major regional markets for sports gun are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include American Tactical Inc., Crosman Corporation, J.G. ANSCHÜTZ GmbH & Co.KG, Howa Machinery, Ltd., and Sturm, Ruger & Co., Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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