Air Gun & Airsoft Gun Manufacturing
Over the past five years, general improvements in the economy such as rising disposable incomes and consumer sentiment have fueled industry growth. However, regulatory and political outcomes have led to industry declines. Over the five years to 2023, imports are forecast to become a lesser substitute for industry products, consistently declining as a share of domestic demand. In addition, the historical pressure to move operations abroad will continue to subside as the manufacturing sector trends toward domestic manufacturing. In all, rising incomes and progun sentiments are expected to lead to stabilized revenue growth.
This industry primarily manufactures air guns and airsoft guns, which are distinct from firearms. Air guns and airsoft guns use air or gas, while firearms burn a propellant. Air guns and airsoft guns are used for hunting, pest control, recreational shooting and competitive sports. Spring-loaded, pneumatic, gas-powered and electric guns are included, but guns designed specifically for paintball are excluded.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook