Key Trends Reshaping the Shooting And Gun Accessories Market: LIQUI MOLY Launches GUNTEC Line In U.S. To Enhance Firearm Maintenance Solution Industry Transformation

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Shooting And Gun Accessories Market Size Growth Forecast: What to Expect by 2025?
The market size for firearms and related accessories has seen robust growth in recent times. The market is projected to expand from its $8.29 billion value in 2024 to an estimated $8.8 billion in 2025, signifying a compound annual growth rate (CAGR) of 6.1%. The significant expansion during the previous period is largely due to factors such as demands from the military and law enforcement sectors, popular trends in sports shooting, influences from media, the rise of online retail, and various educational initiatives.

How Will the Shooting And Gun Accessories Market Size Evolve and Grow by 2029?
The market for firearms and related accessories is forecasted to experience robust expansion in the upcoming years. It is predicted to rise to a value of $12.13 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. The increase during this projection period is due to multiple factors such as environmental and climate worries, global safety hazards, online shopping growth, rise in city living, and the impact of social media. Notable emerging trends for this period are the emergence of intelligent accessories, implementation of subscription-type models, innovations in material technology, the incorporation of augmented reality (AR), as well as health and fitness integrations.

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What Drivers Are Propelling the Growth of Shooting And Gun Accessories Market Forward?
The surge in territorial actions around the globe will stimulate the shooting and gun accessories market's growth in the future. These items find use in numerous circumstances, like self-protection, enforcement of law, hunting, and sports shooting among others. A global increase in territorial activities will boost the demand for shooting and gun accessories that align with these activities. Statistics Canada, a government agency in Canada, reports that in 2022, all provinces and territories experienced a sport GDP growth, with the most significant increases noticed in Ontario (+$349.5 million; +10.3%), British Columbia (+$135.9 million; +12.5%), and Alberta (+$67.5 million; +9.6%) in June 2024. Consequently, the global uptick in territorial actions will continue to push the shooting and gun accessories market's growth.

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Which Emerging Trends Are Transforming the Shooting And Gun Accessories Market in 2025?
Top businesses in the firearms and gun accessories market are turning towards the creation of technologically superior solutions such as the GUNTEC line, in response to several significant industry needs. The GUNTEC line includes gun accessories like sights, grips, and stocks, all designed to boost performance and allow for customization by enthusiasts and professionals. Take for instance, LIQUI MOLY - a Germany-based company dealing with automotive chemicals, which in May 2024, rolled out its GUNTEC line in the US. This was the company's entry into the gun maintenance market, introducing a variety of products specifically designed for firearm cleaning, lubrication, and protection. This fresh product line seeks to live up to the high expectations of American gun owners and professionals, while addressing routine maintenance issues often observed in automotive upkeep. GUNTEC products can be purchased via the LIQUI MOLY Team Store and multiple online channels, demonstrating the company's dedication to providing prime-quality solutions, reinforced by exhaustive R&D.

What Are the Key Segments in the Shooting And Gun Accessories Market?
The shooting and gun accessories market covered in this report is segmented -

1) By Type: Air Rifle, Air Pistol, Other Types
2) By Distribution: Online, Offline
3) By End-Use: Law Enforcement, Competitive Sports

Subsegments:
1) By Air Rifle: Break Barrel Air Rifle, Pre-Charged Pneumatic (PCP) Air Rifle, Multi-Pump Air Rifle
2) By Air Pistol: CO2 Air Pistol, Spring-Piston Air Pistol, Pre-Charged Pneumatic (PCP) Air Pistol
3) By Other Types: Targets, Shooting Rests, Cleaning Kits, Safety Gear

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Who Are the Key Players Shaping the Shooting And Gun Accessories Market's Competitive Landscape?
Major companies operating 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, AMERICAN OUTDOOR BRANDS INC., O.F. Mossberg & Sons lnc., Hatsan Arms Company, Browning Arms Company, Kimber Mfg. Inc., Umarex USA, Savage Arms lnc., Glock Ges.m.b.H., Barrett Firearms Manufacturing Inc., Daisy Outdoor Products lnc., Feinwerkbau GmbH, Daniel Defense Inc., Gamo Outdoor S.L.U, H-S Precision Inc., Benelli Armi SpA, ahg-Anschütz Handels GmbH, ArmaLite Inc., Weihrauch & Weihrauch Sport GmbH & Co KG, Webley & Scott, Les Baer Custom Inc., LWRC International LLC, Nighthawk Custom, Wilson Combat, Ed Brown Products Inc., STI International Inc., Magnum Research Inc.

What Geographic Markets Are Powering Growth in the Shooting And Gun Accessories Market?
North America was the largest region in the shooting and gun accessories market in 2024. The regions covered in the shooting and gun accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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