Airsoft Guns Market Is Set To Increase At A CAGR Of 7.7% Through 2033, Fact.MR

The global airsoft guns market is expected to grow at a compound annual growth rate (CAGR) of 7.7% from 2023 to 2033. Valued at US$ 2 billion in 2023, the market is projected to reach US$ 4.2 billion by the end of 2033.

Electric-powered airsoft guns are gaining popularity due to their ease of use, reliability, and accuracy. Their low maintenance needs compared to other types of airsoft guns are further driving their increasing adoption.

Airsoft guns, which replicate real firearms, are safe for recreational and action sports. They operate using an electric motor, spring force, or gas tank to discharge pellets.

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Airsoft guns are frequently used as props in movies and TV productions and for indoor photography. Compared to traditional air guns, airsoft guns offer a longer range, lower muzzle energy, and pellets with reduced penetrating and stopping power. There is high demand worldwide for automatic electric guns (AEGs), gas blowback guns (GBBs), and spring-powered airsoft guns.

The growing popularity of airsoft guns is due to their numerous features and benefits, such as realistic shooting simulation and lighter weight compared to metal firearms. The global market for airsoft guns is being driven by an increasing number of sporting organizations promoting airsoft shooting in various developed countries.

Rising interest in adventurous activities and realistic shooting simulations is encouraging more people to purchase airsoft guns, which is expected to boost the global market during the forecast period. Additionally, lifestyle changes and increasing disposable income are further driving the demand for airsoft guns.

Key Market Players
• ICS Airsoft, Inc.
• APS Conception
• Crosman Corporation
• Valken, Inc.
• Umarex
• Classic Army
• KRISS USA Inc.
• G&G Armament
• Systema Engineering
• A&K Airsoft Ltd.

Rise in Airsoft Events Organized by Shooting Associations
Market growth is being driven by an increase in shooting organizations in developed countries that host sporting leagues, contests, and tournaments. These initiatives by the rifle industry are also motivating market participants to introduce innovative, cost-effective models made from biodegradable materials.
Key industry players are focusing on expanding their market reach by improving the design, size, and weight of airsoft guns. The growing consumer demand for airsoft sports is leading to the organization of airsoft leagues worldwide.

The International Practical Shooting Confederation (IPSC) hosts a global airsoft shooting tournament, drawing participants from over 105 countries each year. With approximately 200,000 members worldwide, IPSC actively promotes this event, thereby stimulating the market for airsoft guns.

Competitive Landscape:
Leading companies are implementing a variety of tactics, including new developments in their product portfolios, supply chain management, collaborations, and pricing trends, to strengthen their position in the market. They are extending efforts in accurately replicating authentic gun models, which will be available on the market at competitive prices, to capture a broader customer base seeking a realistic live-fire experience.

Top airsoft gun manufacturers are focusing on quality control, product standards, and the simulation of the exact size, weight, and feel of popular gun models while following safety regulations. The development of effective relationships with third-party online stores and specialty stores that are primarily involved in sales and aftersales of airsoft guns will establish a compelling trend among competitors operating in the airsoft guns market.

For instance,
• In 2022, the newest air archery firearm, the Air Javelin Pro Arrow Gun, was introduced by Umarex USA. The decision will make a significant contribution to product development and the expansion of the airsoft gun business.

Key Segments of Airsoft Guns Industry Research
• By Product :
o Handguns
o Rifles
o Shotguns
o Muzzle Loading

• By Mechanism :
o Spring-powered
o Electric-powered
o Gas-powered

• By Price Range :
o Low (Below US$ 100)
o Medium (US$ 100 to 500)
o High (Above US$ 500)

• By End User :
o Individual
o Institutional
o Promotional

• By Sales Channel :
o Modern Trade Channels
o Specialty Stores
o Third-party Online
o Direct-to-customer

• By Region :
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East & Africa

Read More: https://www.factmr.com/report/1429/airsoft-guns-market

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This release was published on openPR.