Press release
Global Sports Gun Market Report 2025: Rise to $2.57 Billion with a CAGR of 5.8%, Driven by Increased Participation in Shooting Sports
Sports Gun Market Size
What Is The Projected Market Size Of The Global Sports Gun Global Market Report 2025 And Its Growth Rate?
• 2024 Market Size: $2.43 billion
• 2025 Market Size: $2.57 billion (5.8% CAGR)
• 2029 Projected Market Size: $3.33 billion (6.7% CAGR)
This healthy growth can be attributed to factors like cultural heritage, military influence, safety and reliability, global conflicts, evolution of the sports industry, and increased participation in shooting sports.
What Is Driving The Growth In The Sports Gun Global Market Report 2025?
The growth of the Sports Gun Market has been predominantly driven by increasing participation in shooting sports worldwide. The precision, control, and speed showcased by shooters while aiming at targets lead to a growing awareness of firearm safety and enhance the access to training programs. Furthermore, competitive shooting events that promote community engagement and participation have contributed significantly to this increase. In 2022, for instance, about 14.7 million Americans participated in hunting at least once by using a bow or a firearm as reported by the 2023 Special Report on Hunting of Outdoor Industry Association, marking a year-on-year increase of 1%.
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Who Are the Key Players Driving Sports Gun Global Market Report 2025 Growth?
Prominent companies in the sports gun market include:
• American Outdoor Brands Corporation
• J.G. Anschütz GmbH & Co. KG
• Crosman Corporation
• Sturm Ruger & Company Inc.
• Browning Arms Company
• Beretta Holding S.A.
• Howa Machinery Ltd.
• Colt's Manufacturing Company LLC
• Carl Walther GmbH S
• Olympic Arms Inc.
What Are The Key Trends In The Sports Gun Global Market Report 2025?
Key trends shaping the market include:
• Marketing and branding strategies
• Customization and personalization
• Competitive shooting events
• Modularity and versatility
• Innovation in materials
What Are The Segments Of The Global Sports Gun Global Market Report 2025?
The sports gun market report includes the following segments:
• By Type: Pistols, Revolvers, Rifles, Machine Guns, Shotguns, Carbines, Other Types
• By Materials: Steel, Aluminum, Polymer, Other Materials
• By Caliber Type: 0.38 Caliber, 0.38 Special, 12 Gauge, 9mm
• By Distribution: Gun Stores, Sport Goods Stores, Online, Other Distributions
• By Application: Training And Demonstration, Recreational Sports
Which Region Leads The Sports Gun Global Market Report 2025?
In 2024, North America was the largest region in the sports gun market, while the Asia-Pacific is expected to register the fastest growth during the forecast period. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Sports Gun Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Sports Gun Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sports Gun Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sports Gun Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sports Gun Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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