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Shooting And Gun Accessories Global Market Research 2025: Market Trends, Size, Value, Growth and Key Players
What Is The Projected Market Size Of The Global Shooting And Gun Accessories Market And Its Growth Rate?The global shooting and gun accessories market exhibits strong growth potential with estimated market values of:
• $8.29 billion in 2024
• $8.8 billion in 2025, growing at a compound annual growth rate (CAGR) of 6.1%
• Projected to reach $12.13 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%
The driving factors for this growth range from military and law enforcement demands, sports shooting trends, media influences, online retail expansion, educational initiatives to global security threats, climate and environmental concerns, e-commerce expansion, increased urbanization and social media influence.
What Is Driving The Growth In The Shooting And Gun Accessories Market?
The shooting and gun accessories market is experiencing significant progress due to the rise in territorial activities globally. Shooting and gun accessories are essential for a myriad of pursuits like self-defense, law enforcement, hunting, sports shooting, and more. The escalating territorial activities worldwide are expected to propel the demand for these accessories. For instance, in 2022, all Canadian provinces and territories observed an increase in sport GDP, with significant growth recorded in Ontario, British Columbia, and Alberta. Thus, this surge in territorial activities is expected to fuel the shooting and gun accessories market growth.
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Who Are The Key Players Driving The Shooting And Gun Accessories Market Growth?
Key players in the shooting and gun accessories market include:
• Beretta Holding S.p.A.
• Remington Arms Company LLC
• Smith & Wesson Brands Inc.
• SIG SAUER Inc.
• Sturm Ruger & Co Inc.
• Taurus International Manufacturing Inc.
• Fabrique Nationale Herstal
• Fabbrica d'Armi Pietro Beretta SpA
• Heckler & Koch GmbH
• Colt's Manufacturing Company, and many others.
What Are The Key Trends In The Shooting And Gun Accessories Market?
Key trends in the shooting and gun accessories market include:
• The rise of smart accessories
• The emergence of subscription-based models
• Innovations in materials
• Integration of augmented reality (AR)
• Health and fitness integration
What Are The Segments Of The Global Shooting And Gun Accessories Market?
The shooting and gun accessories market is segmented into:
1) By Type: Air Rifle, Air Pistol, Other Types
2) By Distribution: Online, Offline
3) By End-Use: Law Enforcement, Competitive Sports
Which Region Leads The Shooting And Gun Accessories Market?
North America was the largest region in the shooting and gun accessories market in 2024. Other regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Shooting And Gun Accessories Global Market Report?
•Major areas of market size analysis, including key regions, countries, product types, and applications
•In-depth market segmentation analysis to effectively categorize the market
•Emphasis on key players to define their market value, share, and competitive landscape
•Analysis of individual growth trends and prospects in the market
•Evaluation of the contributions of different segments to the overall market growth
•Detailed explanation of key factors influencing market growth, including opportunities and drivers
•Thorough analysis of industry challenges and risks impacting the market
•Examination of competitive developments, such as expansions, agreements, and new product launches in the market
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