PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1501724
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1501724
US Shooting and Gun Accessories Market is valued approximately USD 1.95 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.68 % over the forecast period 2024-2032. Air rifles, air pistols, magazines, loaders, targets, and other accessories such as grips, shooting sticks, laser lights, and others are all included in the shooting and gun accessories. Gun manufacturers are creating and releasing new types of firearms to draw in more consumers and open up new revenue streams for the growing usage of firearms in the military, law enforcement, and commercial sectors during the forecast period 2024-2032. The shift towards online shopping has led to a significant increase in e-commerce sales for firearms and accessories. This trend is supported by detailed product descriptions, customer reviews, and the convenience of home delivery. Furthermore, the rise in the number of concealed carry permit holders has boosted the market for accessories such as holsters, gun belts, and compact, concealable firearms. Products aimed at personal defense, including compact pistols, tactical flashlights, and self-defense training programs, are seeing increased demand. Thus, these trends further drive demand for the US Shooting and Gun Accessories Market.
The demand for self-defense and personal protection significantly drives the U.S. Shooting and Gun Accessories Market. Rising concerns about personal safety and crime rates have led many individuals to seek reliable means of protection. This has resulted in increased sales of compact, easily concealable firearms suitable for everyday carry, along with a variety of accessories such as holsters, tactical flashlights, and personal defense training programs. Additionally, the popularity of home defense solutions has boosted the market for shotguns, handguns, and related safety equipment like gun safes and alarm systems. The proliferation of concealed carry permits and supportive legislation in many states further stimulates this demand, as more citizens legally carry firearms for self-defense. Overall, the emphasis on personal protection and the desire for safety in uncertain times continue to be pivotal factors driving the growth of the shooting and gun accessories market in the U.S. However, social and political climates such as negative media coverage of gun-related incidents and a growing public discourse on gun control stifle market growth between 2022 and 2032.