Sports Gun Market Trends That Will Shape the Next Decade: Insights from Tech Advancements Drive Evolution In The Sports Gun Market

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How Large Will the Sports Gun Market Size By 2025?
The size of the sports gun market has exhibited robust growth in the recent past. The market, which is projected to inflate from $2.43 billion in 2024 to $2.57 billion in 2025, is expected to achieve a compound annual growth rate (CAGR) of 5.8%. Factors such as cultural heritage, military impact, safety and reliability, global disputes, development in the sports sector, and a rise in participation in shooting sports have all contributed to the growth experienced during the historical period.

How Big Is the Sports Gun Market Size Expected to Grow by 2029?
The market size of sports guns is predicted to experience robust growth in the upcoming years, reaching $3.33 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. The growth during the forecast period can be credited to factors such as young people's involvement and outreach, focus on environmental sustainability, shifts in culture and recreation, the acceptance of modular designs, and emphasis on training and skill enhancement. Noteworthy trends projected for the forecast period are promotional strategies and branding, customisation and personalisation, competitive shooting events, versatility in modularity, and innovative material use.

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Which Key Market Drivers Powering Sports Gun Market Expansion and Growth?
The global sports gun market is projected to grow due to the escalating participation in shooting sports worldwide. Shooting sports, involving the use of firearms like pistols and rifles to demonstrate the shooter's aiming precision, control, and speed, have been growing in popularity. This can be attributed to the increased awareness of firearm safety, easy access to training programs, and the emergence of competitive shooting events that encourage community participation and engagement. Promotional activities, advanced accessibility, and active community involvement play a significant role in driving the demand for firearms and accessories, thereby advancing the growth of the sports gun industry. This demand stimulates manufacturers to introduce new products and broaden their range. For example, the 2023 Special Report on Hunting by the Outdoor Industry Association, a non-profit organization based in the US, noted that around 14.7 million Americans used a bow or a firearm for hunting at least once in 2022. This represented a 1% rise in hunting participation compared to 2021. Consequently, the mounting participation in shooting sports globally is propelling the expansion of the sports gun market.

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Which Fast-Growing Trends Are Poised to Disrupt the Sports Gun Market?
Leading businesses in the sports gun market are prioritizing the launch of cutting-edge products like semi-automatic shotguns to boost shooting efficiency and enhance user satisfaction. Semi-automatic shotguns are firearms that automatically prepare the next round after one has been fired, allowing rapid firing without the need for manual reloading. For instance, Beretta, a firearm manufacturer based in Italy, introduced the A400 Xcel Sporting furnished with Beretta's Steelium barrel technology in January 2022. The A400 Xcel, equipped with a cross-tube gas piston and Beretta's superfast BLINK gas operation technology, boasts a cycling speed that's 36% faster as compared to its competitors. Notably, the A400 Xcel Sporting spotlights a bigger grip and Beretta's Kick-Off recoil reduction system, augmenting stability, comfort, and control, thereby facilitating faster target acquisition.

What Are the Emerging 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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Who Are the Global Leaders in the Sports Gun Market?
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.

Which are the Top Profitable Regional Markets for the Sports Gun Industry?
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.

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