PUBLISHER: IMARC | PRODUCT CODE: 1370576
PUBLISHER: IMARC | PRODUCT CODE: 1370576
Sports Gun Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global sports gun market size reached US$ 2.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
A sports gun represents a subdivision of a non-lethal firearm or pistol that is specially designed to be used in specific and sanctioned sporting events, including amateur or commercial hunting and target shooting. It includes rifle, pistols, and shotguns as some of the standard guns, which differ from each other based on propellant, barrel technology, projectile, cutting type, and caliber. These guns are manufactured from aluminum, plastic, copper, tin, zinc, and wood materials. As compared to lethal guns, such as AK-47, Rheinmetall MG 3, Uzi, and M4 carbine, sports gun are lighter, more comfortable, and easy to use. On account of these properties, they are utilized in competitive shooting games and recreational sports to boost physical strength, enhance competence and eye coordination, upsurge mental discipline, and improve endurance or stamina.
Sports Gun Market Trends:
The increasing commercialization of sports guns as a recreational gaming tool and the extensive participation in various skeet shooting, high power rifle, popinjay, skirmish, and cowboy action shooting games by kids and youngsters are some factors primarily driving the market growth. In line with this, the ongoing investments in prominent sporting events, such as the Olympics, Commonwealth, and Asia games consisting of shooting games, are further supplying the demand for shotguns. Such firearms are used in diverse academies that provide proper training to individuals interested in national-level shooting games, which, in turn, is acting as another growth-inducing factor. Additionally, the escalating usage of the pistol as a preferred non-lethal tool over rifles and shotguns, owing to their convenience and easy-to-fire solution, is supporting the market growth. Apart from this, major mergers and acquisitions (M&A) amongst key players to innovate sport guns with enhanced efficacy and their availability across different distribution channels are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global sports gun market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on gun type, application and distribution channel.
Breakup by Gun Type:
Rifle
Pistol
Shotgun
Breakup by Application:
Competitive Shooting
Recreational Sports
Breakup by Distribution Channel:
Gun Stores
Sporting Goods Stores
Online
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Outdoor Brands Inc., Beretta Holding S.p.A., Browning Arms Company (Herstal Group), Carl Walther GmbH, Colt's Manufacturing Company LLC (Colt Defense), Dick's Sporting Goods Inc., German Sport Guns GmbH (L&O Hunting Group GmbH), Howa Machinery Ltd., J. G. Anschutz GmbH & Co. KG, Remington Arms Company LLC (Remington Outdoor Company), Smith & Wesson Brands Inc. and Sturm Ruger & Company Inc.
Key Questions Answered in This Report
- 1. How big is the global sports gun market?
- 2. What is the expected growth rate of the global sports gun market during 2023-2028?
- 3. What are the key factors driving the global sports gun market?
- 4. What has been the impact of COVID-19 on the global sports gun market?
- 5. What is the breakup of the global sports gun market based on the gun type?
- 6. What is the breakup of the global sports gun market based on the application?
- 7. What is the breakup of the global sports gun market based on the distribution channel?
- 8. What are the key regions in the global sports gun market?
- 9. Who are the key players/companies in the global sports gun market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Sports Gun Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Gun Type
- 6.1 Rifle
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Pistol
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Shotgun
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Competitive Shooting
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Recreational Sports
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Gun Stores
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Sporting Goods Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Online
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 American Outdoor Brands Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.2 Beretta Holding S.p.A.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Browning Arms Company (Herstal Group)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Carl Walther GmbH
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Colt's Manufacturing Company LLC (Colt Defense)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Dick's Sporting Goods Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 German Sport Guns GmbH (L&O Hunting Group GmbH)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Howa Machinery Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 J. G. Anschutz GmbH & Co. KG
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Remington Arms Company LLC (Remington Outdoor Company)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Smith & Wesson Brands Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Sturm Ruger & Company Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.1 American Outdoor Brands Inc.
List of Figures
- Figure 1: Global: Sports Gun Market: Major Drivers and Challenges
- Figure 2: Global: Sports Gun Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Sports Gun Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Sports Gun Market: Breakup by Gun Type (in %), 2022
- Figure 5: Global: Sports Gun Market: Breakup by Application (in %), 2022
- Figure 6: Global: Sports Gun Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Sports Gun Market: Breakup by Region (in %), 2022
- Figure 8: Global: Sports Gun (Rifle) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Sports Gun (Rifle) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Sports Gun (Pistol) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Sports Gun (Pistol) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Sports Gun (Shotgun) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Sports Gun (Shotgun) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Sports Gun (Competitive Shooting) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Sports Gun (Competitive Shooting) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Sports Gun (Recreational Sports) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Sports Gun (Recreational Sports) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Sports Gun (Gun Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Sports Gun (Gun Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Sports Gun (Sporting Goods Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Sports Gun (Sporting Goods Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Sports Gun (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Sports Gun (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Sports Gun (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Sports Gun (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: North America: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: North America: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: United States: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: United States: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Canada: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Canada: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Asia-Pacific: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Asia-Pacific: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: China: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: China: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Japan: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Japan: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: India: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: India: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: South Korea: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: South Korea: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Australia: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Australia: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Indonesia: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Indonesia: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Others: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Others: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Europe: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Europe: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Germany: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Germany: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: France: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: France: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: United Kingdom: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: United Kingdom: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Italy: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Italy: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Spain: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Spain: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Russia: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Russia: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Others: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Others: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Latin America: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Latin America: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Brazil: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Brazil: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Mexico: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Mexico: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Middle East and Africa: Sports Gun Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Middle East and Africa: Sports Gun Market: Breakup by Country (in %), 2022
- Figure 74: Middle East and Africa: Sports Gun Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Global: Sports Gun Industry: SWOT Analysis
- Figure 76: Global: Sports Gun Industry: Value Chain Analysis
- Figure 77: Global: Sports Gun Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Sports Gun Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Sports Gun Market Forecast: Breakup by Gun Type (in Million US$), 2023-2028
- Table 3: Global: Sports Gun Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Sports Gun Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Sports Gun Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Sports Gun Market: Competitive Structure
- Table 7: Global: Sports Gun Market: Key Players
