Over the past five years, the Shooting Ranges industry underwent expansion. Industry players operate ranges for firing weapons, which include handguns, shotguns, rifles and other arms. The industry was able to grow over the past five years due to enthusiasm caused by increased fears over stricter gun control laws, fears of terrorism and political rhetoric. Moreover, economic growth bolstered demand for industry services, leading to revenue expansion over the five years to 2018. Over the five years to 2023, industry revenue is forecast to continue to climb, albeit at a more normalized rate. Firearms enthusiasm in the United States is still anticipated to remain high. As a result, demand for industry services will remain strong. Moreover, continued economic growth will increase consumer wages, enabling more people to visit shooting ranges.
This industry provides indoor and outdoor targets for firing weapons, which may include handguns, shotguns, rifles and other arms. Handgun ranges typically have their own indoor stations, while rifles can be shot at disks and a variety of other targets.
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