Shotguns: A Leading Driver Behind Increasing Demand For Hunting Fueling The Growth Of The Market Due To Rising Interest In Outdoor Recreational Activities And Self-Sufficiency Market Expansion in 2025

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What Will the Shotguns Industry Market Size Be by 2025?
In recent times, the shotguns market has witnessed remarkable growth. The market valuation, which was $3.04 billion in 2024, is projected to ascend to $3.24 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. The growth experienced during the historic period is credited to factors such as the growing interest of civilians in shooting sports, increased demand for home defense weapons, a surge in procurement by military and law enforcement, heightened availability of tailor-made shotgun models, and the escalating popularity of hunting activities.

What's the Long-Term Growth Forecast for the Shotguns Market Size Through 2029?
The market size for shotguns is predicted to experience robust expansion in the upcoming years. It is projected to reach a value of $4.14 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%. The surge during the forecast period can be ascribed to heightened emphasis on personal protection, escalated involvement in recreational shooting, broadening law enforcement modernization initiatives, and escalating demand in burgeoning markets. Key trends for the forecast period encompass advancements in durable, lightweight materials, cutting-edge systems for recoil reduction, innovations in modular shotgun blueprints, incorporation of optics and intelligent sights, and state-of-the-art manufacturing techniques for superior precision.

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What Are the Key Growth Drivers Fueling the Shotguns Market Expansion?
The shotguns market is projected to expand due to the escalating demand for hunting. Hunting, defined as the pursuit, capture, or killing of wild creatures for food, sport, or population control, is seeing increased interest. The allure of outdoor recreational activities that offer relaxation and a connection with nature is prompting this heightened demand. Shotguns, which are known for their versatile and dependable performance, are suitable for different games and environments, thus enhancing the overall hunting experience. They boost accuracy and efficiency, thereby increasing the prospects of a productive hunt. For example, Ely Echo, a newspaper company in the US, reported that hunters bagged over 170,000 deer in 2024 alone, marking a 7% rise from 2023. Consequently, the growing demand for hunting is spurring the shotguns market's advancement.

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What Are the Key Trends Driving Shotguns Market Growth?
Leading entities in the shotgun markets are channeling their efforts towards creating groundbreaking products, such as semi-automatic shotguns, to boost accuracy, mitigate recoil, and upgrade the overall performance of shooting. A semi-automatic shotgun refers to a firearm that reloads automatically after every shot, either through gas pressure or energy recoil from the fired shell in order to cycle the action and chamber for the next round. As an illustration, Beretta, a firearms manufacturer based in Italy, in February 2022, unveiled the A400 Xcel Sporting, an advanced semi-automatic shotgun specifically built for competitive clay shooting. The A400 Xcel Sporting is integrated with Beretta's Blink gas-operating system along with a sophisticated choke and barrel design for accelerated cycling and reduced recoil.

How Is the Shotguns Market Segmented?
The shotguns market covered in this report is segmented -

1) By Type: Pump-Action Shotguns, Semi-Automatic Shotguns, Break-Action Shotguns, Bolt-Action Shotguns, Single-Shot Shotguns
2) By Psychographics: Lifestyle, Values And Beliefs, Personality, Social Status
3) By Demographics: Age, Gender, Income Level, Education, Family Size
4) By End User: Military, Law Enforcement, Hunting, Sport Shooting, Home Defense

Subsegments:
1) By Pump-Action Shotguns: Tactical Pump-Action Shotguns, Hunting Pump-Action Shotguns, Home Defense Pump-Action Shotguns, Youth Pump-Action Shotguns.
2) By Semi-Automatic Shotguns: Gas-Operated Semi-Automatic Shotguns, Inertia-Driven Semi-Automatic Shotguns, Competition Semi-Automatic Shotguns, Hunting Semi-Automatic Shotguns.
3) By Break-Action Shotguns: Over-and-Under Shotguns, Side-by-Side Shotguns, Sporting Break-Action Shotguns, Compact Break-Action Shotguns.
4) By Bolt-Action Shotguns: Tactical Bolt-Action Shotguns, Precision Bolt-Action Shotguns, Hunting Bolt-Action Shotguns, Slug Bolt-Action Shotguns.
5) By Single-Shot Shotguns: Folding Single-Shot Shotguns, Compact Single-Shot Shotguns, Youth Single-Shot Shotguns, Survival Single-Shot Shotguns.

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Which Companies Are Leading the Charge in Shotguns Market Innovation?
Major Companies operating in the shotguns market are Beretta Holding S.A., Remington Arms Company LLC, FN Herstal S.A., Taurus International Manufacturing Inc., Heckler & Koch GmbH, Hatsan Arms Company, Israel Weapon Industries (IWI) Ltd., Browning Arms Company, Stoeger Industries Inc., Savage Arms Inc., O.F. Mossberg & Sons Inc., Benelli USA Corporation, Ceská zbrojovka a.s., Weatherby Inc., Kalashnikov Concern JSC, Verney-Carron S.A., Charles Daly, TriStar Arms Inc., Caesar Guerini S.r.l., Franchi Firearms, Winchester Repeating Arms Company, Zoli Antonio S.r.l., Fabarm S.p.A.

Which Regions Are Leading the Global Shotguns Market in Revenue?
North America was the largest region in the shotguns market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the shotguns market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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