
Global Sporting Gun Market Size Study, By Type, Application, End User, and Regional Forecasts 2022-2032
Description
The Global Sporting Gun Market, valued at approximately USD 2.38 billion in 2023, is anticipated to witness a steady compound annual growth rate (CAGR) of 5.14% over the forecast period 2024-2032. Sporting guns, widely used for recreational shooting, hunting, and competitive sports, have experienced increasing demand due to the rising popularity of shooting sports and the expansion of hunting activities worldwide. Technological advancements, such as precision targeting systems, lightweight materials, and enhanced safety mechanisms, are reshaping the sporting gun industry, catering to enthusiasts and professional shooters alike.
The expansion of shooting ranges and hunting tourism, coupled with supportive regulations in many regions, has significantly driven market growth. In addition, increased consumer spending on outdoor recreational activities has fueled the demand for high-performance sporting guns. Competitive shooting events, including the Olympics and international championships, have further amplified the sales of precision rifles and shotguns. However, stringent government regulations concerning gun ownership and the potential risks associated with firearm usage pose challenges to the market's expansion. Additionally, fluctuations in raw material prices and growing anti-gun movements in certain countries may impact the market's trajectory.
From a regional standpoint, North America holds the dominant position in the global sporting gun market, primarily due to high participation in hunting and shooting sports, a well-established firearm culture, and favorable legislation. The U.S. remains a key contributor, with a vast number of licensed firearm owners and shooting ranges driving demand. Meanwhile, Europe has also emerged as a significant market, with countries such as Germany and the UK witnessing steady growth in sports shooting activities. The Asia-Pacific region is projected to experience the fastest growth, attributed to rising disposable income, increasing interest in adventure sports, and evolving hunting regulations in countries like China, India, and Australia.
Major Market Players Included in This Report
• Beretta Holding S.p.A
• Smith & Wesson Brands, Inc.
• Sturm, Ruger & Co., Inc.
• Remington Arms Company, LLC
• Browning Arms Company
• Heckler & Koch GmbH
• SIG Sauer, Inc.
• Savage Arms, Inc.
• Benelli Armi S.p.A
• FN Herstal
• Winchester Repeating Arms
• Weatherby, Inc.
• Krieghoff International
• Anschütz GmbH & Co. KG
• Merkel Jagd- und Sportwaffen GmbH
The Detailed Segments and Sub-Segments of the Market Are Explained Below:
By Type:
• Rifles
• Shotguns
• Handguns
By Application:
• Competitive Shooting
• Hunting
• Recreational Shooting
By End User:
• Individuals
• Shooting Ranges & Sports Clubs
• Defense & Law Enforcement
By Regional Outlook:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• UAE
• South Africa
• Rest of MEA
Key Takeaways from the Report:
• Market estimates and forecasts spanning 2022 to 2032.
• Annualized revenue analysis and insights into regional trends.
• In-depth study of geographical market distribution with country-level evaluations.
• Competitive landscape overview, including major industry players and market share analysis.
• Examination of key business strategies and future investment recommendations.
• Evaluation of market structure, including demand and supply dynamics.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order.
The expansion of shooting ranges and hunting tourism, coupled with supportive regulations in many regions, has significantly driven market growth. In addition, increased consumer spending on outdoor recreational activities has fueled the demand for high-performance sporting guns. Competitive shooting events, including the Olympics and international championships, have further amplified the sales of precision rifles and shotguns. However, stringent government regulations concerning gun ownership and the potential risks associated with firearm usage pose challenges to the market's expansion. Additionally, fluctuations in raw material prices and growing anti-gun movements in certain countries may impact the market's trajectory.
From a regional standpoint, North America holds the dominant position in the global sporting gun market, primarily due to high participation in hunting and shooting sports, a well-established firearm culture, and favorable legislation. The U.S. remains a key contributor, with a vast number of licensed firearm owners and shooting ranges driving demand. Meanwhile, Europe has also emerged as a significant market, with countries such as Germany and the UK witnessing steady growth in sports shooting activities. The Asia-Pacific region is projected to experience the fastest growth, attributed to rising disposable income, increasing interest in adventure sports, and evolving hunting regulations in countries like China, India, and Australia.
Major Market Players Included in This Report
• Beretta Holding S.p.A
• Smith & Wesson Brands, Inc.
• Sturm, Ruger & Co., Inc.
• Remington Arms Company, LLC
• Browning Arms Company
• Heckler & Koch GmbH
• SIG Sauer, Inc.
• Savage Arms, Inc.
• Benelli Armi S.p.A
• FN Herstal
• Winchester Repeating Arms
• Weatherby, Inc.
• Krieghoff International
• Anschütz GmbH & Co. KG
• Merkel Jagd- und Sportwaffen GmbH
The Detailed Segments and Sub-Segments of the Market Are Explained Below:
By Type:
• Rifles
• Shotguns
• Handguns
By Application:
• Competitive Shooting
• Hunting
• Recreational Shooting
By End User:
• Individuals
• Shooting Ranges & Sports Clubs
• Defense & Law Enforcement
By Regional Outlook:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• UAE
• South Africa
• Rest of MEA
Key Takeaways from the Report:
• Market estimates and forecasts spanning 2022 to 2032.
• Annualized revenue analysis and insights into regional trends.
• In-depth study of geographical market distribution with country-level evaluations.
• Competitive landscape overview, including major industry players and market share analysis.
• Examination of key business strategies and future investment recommendations.
• Evaluation of market structure, including demand and supply dynamics.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order.
Table of Contents
285 Pages
- Chapter 1. Global Sporting Gun Market Executive Summary
- 1.1. Global Sporting Gun Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.3.3. By End User
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Sporting Gun Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Sporting Gun Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Popularity of Shooting Sports and Hunting
- 3.1.2. Technological Advancements in Firearm Design and Safety
- 3.1.3. Expanding Recreational and Competitive Shooting Activities
- 3.2. Market Challenges
- 3.2.1. Stringent Government Regulations and Ownership Restrictions
- 3.2.2. Fluctuating Raw Material Prices and Production Costs
- 3.3. Market Opportunities
- 3.3.1. Growth in Shooting Range Infrastructure and Hunting Tourism
- 3.3.2. Innovations in Precision Targeting and Lightweight Materials
- 3.3.3. Strategic Collaborations and Emerging Markets Expansion
- Chapter 4. Global Sporting Gun Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Sporting Gun Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Sporting Gun Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 6. Global Sporting Gun Market Size & Forecasts by Application 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Sporting Gun Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 7. Global Sporting Gun Market Size & Forecasts by End User 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Sporting Gun Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- Chapter 8. Global Sporting Gun Market Size & Forecasts by Region 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Sporting Gun Market: Regional Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 8.2.1. North America
- 8.2.1.1. U.S. Market
- 8.2.1.2. Canada Market
- 8.2.2. Europe
- 8.2.2.1. UK Market
- 8.2.2.2. Germany Market
- 8.2.2.3. France Market
- 8.2.2.4. Spain Market
- 8.2.2.5. Italy Market
- 8.2.2.6. Rest of Europe
- 8.2.3. Asia-Pacific
- 8.2.3.1. China Market
- 8.2.3.2. India Market
- 8.2.3.3. Japan Market
- 8.2.3.4. Australia Market
- 8.2.3.5. South Korea Market
- 8.2.3.6. Rest of Asia-Pacific
- 8.2.4. Latin America
- 8.2.4.1. Brazil Market
- 8.2.4.2. Mexico Market
- 8.2.4.3. Rest of Latin America
- 8.2.5. Middle East & Africa
- 8.2.5.1. Saudi Arabia Market
- 8.2.5.2. UAE Market
- 8.2.5.3. South Africa Market
- 8.2.5.4. Rest of MEA
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Beretta Holding S.p.A
- 9.1.2. Smith & Wesson Brands, Inc.
- 9.1.3. Sturm, Ruger & Co., Inc.
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Beretta Holding S.p.A
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Smith & Wesson Brands, Inc.
- 9.3.3. Sturm, Ruger & Co., Inc.
- 9.3.4. Remington Arms Company, LLC
- 9.3.5. Browning Arms Company
- 9.3.6. Heckler & Koch GmbH
- 9.3.7. SIG Sauer, Inc.
- 9.3.8. Savage Arms, Inc.
- 9.3.9. Benelli Armi S.p.A
- 9.3.10. FN Herstal
- 9.3.11. Winchester Repeating Arms
- 9.3.12. Weatherby, Inc.
- 9.3.13. Krieghoff International
- 9.3.14. Anschütz GmbH & Co. KG
- 9.3.15. Merkel Jagd- und Sportwaffen GmbH
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- TABLE 1. Global Sporting Gun Market, Report Scope
- TABLE 2. Global Sporting Gun Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Sporting Gun Market Estimates & Forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Sporting Gun Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
- TABLE 5. Global Sporting Gun Market Estimates & Forecasts by End User 2022-2032 (USD Million/Billion)
- TABLE 6. Global Sporting Gun Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 7. Global Sporting Gun Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. U.S. Sporting Gun Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. U.S. Sporting Gun Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- TABLE 10. Canada Sporting Gun Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Canada Sporting Gun Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
- This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Sporting Gun Market, Research Methodology
- FIGURE 2. Global Sporting Gun Market, Market Estimation Techniques
- FIGURE 3. Global Market Size Estimates & Forecast Methods
- FIGURE 4. Global Sporting Gun Market, Key Trends 2023
- FIGURE 5. Global Sporting Gun Market, Growth Prospects 2022-2032
- FIGURE 6. Global Sporting Gun Market, Porter’s 5 Force Model
- FIGURE 7. Global Sporting Gun Market, PESTEL Analysis
- FIGURE 8. Global Sporting Gun Market, Value Chain Analysis
- FIGURE 9. Global Sporting Gun Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 10. Global Sporting Gun Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 11. Global Sporting Gun Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 12. Global Sporting Gun Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 13. Global Sporting Gun Market by Segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 14. Global Sporting Gun Market, Regional Snapshot 2022 & 2032
- FIGURE 15. North America Sporting Gun Market 2022 & 2032 (USD Million/Billion)
- FIGURE 16. Europe Sporting Gun Market 2022 & 2032 (USD Million/Billion)
- FIGURE 17. Asia-Pacific Sporting Gun Market 2022 & 2032 (USD Million/Billion)
- FIGURE 18. Latin America Sporting Gun Market 2022 & 2032 (USD Million/Billion)
- FIGURE 19. Middle East & Africa Sporting Gun Market 2022 & 2032 (USD Million/Billion)
- FIGURE 20. Global Sporting Gun Market, Company Market Share Analysis (2023)
- This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
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