Press release
Global Sports Gun Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
The Sports Gun Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Sports Gun Market Size and Projected Growth Rate?
In the past few years, there has been a marked increase in the size of the sports gun market. The market, which was valued at $2.43 billion in 2024, is projected to grow to $2.57 billion in 2025, experiencing a compound annual growth rate (CAGR) of 5.8%. Factors such as cultural heritage, military influence, safety, reliability, global conflicts, the evolution of the sports industry, and an increased interest in shooting sports have largely contributed to this historic period of growth.
In the coming years, the size of the sports gun market is predicted to experience substantial growth, expanding to $3.33 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%. This growth within the predicted period can be attributed to factors such as increased participation of youth, focus on environmental and sustainability matters, shifts in culture and recreation, embracement of modular designs, and emphasis on training and skill enhancement. Significant trends noted for the forecast period encompass marketing and branding tactics, customization and personalization, the occurrence of competitive shooting events, the importance of modularity and versatility, as well as innovation in materials.
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What Are the Major Segments in the Sports Gun Market?
The sports gun market covered in this report is segmented -
1) By Type: Pistols, Revolvers, Rifles, Machine Guns, Shotguns, Carbines, Other Types
2) By Materials: Steel, Aluminum, Polymer, Other Materials
3) By Caliber Type: 0.38 Caliber, 0.38 Special, 12 Gauge, 9 mm
4) By Distribution: Gun Stores, Sport Goods Stores, Online, Other Distributions
5) By Application: Training And Demonstration, Recreational Sports
Subsegments:
1) By Pistols: Semi-Automatic Pistols, Single Action Pistols, Double Action Pistols
2) By Revolvers: Single Action Revolvers, Double Action Revolvers
3) By Rifles: Bolt-Action Rifles, Semi-Automatic Rifles, Lever-Action Rifles, Pump-Action Rifles
4) By Machine Guns: Light Machine Guns, Heavy Machine Guns
5) By Shotguns: Pump-Action Shotguns, Semi-Automatic Shotguns, Break-Action Shotguns
6) By Carbines: Semi-Automatic Carbines, Bolt-Action Carbines
7) By Other Types: Air Guns, Paintball Guns, BB Guns
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What Are The Driving Sports Gun Market Evolution?
The rising global interest in shooting sports is predicted to fuel the expansion of the sports gun market. Shooting sports, which test the shooter's accuracy, control, and speed in targeting with firearms like pistols and rifles, have risen in popularity. This boom is attributed to heightened consciousness around firearm safety, better access to training programs, and the emergence of competitive shooting events that encourage community involvement. The sports gun industry sees substantial growth due to these sports, as demand for firearms and accessories surge owing to promotional activities, improved accessibility, and community participation. This demand growth pressures manufacturers to innovate and broaden their product offering. For example, the Outdoor Industry Association's 2023 Special Report on Hunting, a management organisation based in the US reports that in 2022, around 14.7 million Americans hunted at least once with a bow or a gun, indicating a 1% increase from 2021. Consequently, the escalating participation in shooting sports worldwide is spurring the expansion of the sports gun market.
Which Firms Dominate The Sports Gun Market Segments?
Major companies operating in the sports gun market are 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., Herstal SA Ltd., Remington Arms Company LLC, Creedmoor Sports Inc., BRS Outdoor Sports Holdings LLC, Smith & Wesson Brands Inc., L&O Holding GmbH & Co. KG, Glock Inc., Savage Arms Inc., FN America LLC, Kimber Mfg Inc., Taurus International Manufacturing Inc., Kel Tec CNC Industries Inc., SCCY Industries LLC, Springfield Inc., Maverick Arms Inc., Diamondback Firearms LLC, Century International Arms, Hi-Point Firearms, Radical Firearms LLC, Mossberg & Sons Inc.
What Trends Are Expected to Dominate the Sports Gun Market in the Next 5 Years?
Key players in the sports gun market are emphasizing on the introduction of innovative items like the semi-automatic shotgun to amplify shooting ability and boost user experience. A semi-automatic shotgun is a shotgun variant that automatically chambers the next round following shooting, enabling the user to fire several rounds rapidly without needing to reload manually. For instance, in January 2022, Beretta, a firearm manufacturing company hailing from Italy, debuted the A400 Xcel Sporting, which incorporates Beretta's Steelium barrel technology. The A400 Xcel uses Beretta's ultrafast BLINK gas operating technology, with a cross-tube gas piston facilitating 36% quicker cycling as compared to competitors. This model also boasts a larger grip and Beretta's Kick-Off recoil reduction system enhancing stability, comfort, and control leading to faster target acquisition.
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Which Is The Largest Region In The Sports Gun Market?
North America was the largest region in the sports gun market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports gun market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Sports Gun Market?
2. What is the CAGR expected in the Sports Gun Market?
3. What Are the Key Innovations Transforming the Sports Gun Industry?
4. Which Region Is Leading the Sports Gun Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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