The US Firearms and Ammunition Market: Trends and Opportunities (2013-2018)
Scope of the Report
The report titled “The U.S Firearms and Ammunition Market: Trends & Opportunities (2013-2018)” provides an in-depth analysis of the United States firearm and ammunition market (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers) with detailed analysis of market sizing and growth, market share and economic impact of the industry. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall firearm and ammunition industry has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Smith & Wesson, Olin Winchester, Alliant Techsystems Inc. and Ruger Corporation are profiled.
Company Coverage
The Firearms and Ammunition industry manufactures small arms (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), small arms ammunition, other ammunition and ordnance and accessories. Firearms and ammunition makers of the United States has benefited from conflicts abroad and domestic fears about rising crime rates. While continued conflict will support revenue growth in the near future, demand for the industry's products will slow down in the light of diminishing concerns. In the United States, majority of citizens owns a gun as the denial rate in background checks for the licensing of guns is very low, which is the main reason for growth of firearm industry in the country.
Firearm and ammunition industry have a huge economic impact on the US economy as it generates federal tax, state tax and excise tax for the country, employ people, and pays wages to the citizens, which have a positive economic impact on the country. As the shooting and hunting sports are gaining popularity and lots of people especially women are opting for it, the demand of shotguns and shooting rifles is anticipated to rise in the coming few years.
The report titled “The U.S Firearms and Ammunition Market: Trends & Opportunities (2013-2018)” provides an in-depth analysis of the United States firearm and ammunition market (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers) with detailed analysis of market sizing and growth, market share and economic impact of the industry. The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall firearm and ammunition industry has also been forecasted for the period 2013-18, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. Further, key players of the industry like Smith & Wesson, Olin Winchester, Alliant Techsystems Inc. and Ruger Corporation are profiled.
Company Coverage
- Smith & Wesson
- Olin Winchester
- Alliant Techsystems Inc.
- Ruger Corporation
The Firearms and Ammunition industry manufactures small arms (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), small arms ammunition, other ammunition and ordnance and accessories. Firearms and ammunition makers of the United States has benefited from conflicts abroad and domestic fears about rising crime rates. While continued conflict will support revenue growth in the near future, demand for the industry's products will slow down in the light of diminishing concerns. In the United States, majority of citizens owns a gun as the denial rate in background checks for the licensing of guns is very low, which is the main reason for growth of firearm industry in the country.
Firearm and ammunition industry have a huge economic impact on the US economy as it generates federal tax, state tax and excise tax for the country, employ people, and pays wages to the citizens, which have a positive economic impact on the country. As the shooting and hunting sports are gaining popularity and lots of people especially women are opting for it, the demand of shotguns and shooting rifles is anticipated to rise in the coming few years.
1. EXECUTIVE SUMMARY
2. INTRODUCTION OF FIREARMS AND AMMUNITION MARKET
2.1 Handgun
2.1.1 Pistol
2.1.2 Revolver
2.2 Rifle
2.3 Shotgun
3. UNITED STATES: FIREARMS LAWS AND REGULATIONS
3.1 National Firearm Act
3.2 Gun control Act
3.3 Arm Export Control Act
3.4 Brandy Law
3.5 Background Check
4. SIZING - US FIREARMS AND AMMUNITION MARKET: ANALYSIS AND FORECAST
4.1 Sizing - US Firearms and Ammunition Market: By Volume
4.1.1 Pistol Production and Forecast
4.1.2 Revolver Production and Forecast
4.1.3 Shotgun Production and Forecast
4.1.4 Rifle Production and Forecast
4.2 Sizing - US Firearms and Ammunition Market: By Value
4.3 Number of Licensed Gun Shop in the US
4.4 Background Checks Conducted in the US
4.5 Gun Ownership in the US
4.6 Average Spent on Guns by Type
5. SHARE - US FIREARMS AND AMMUNITION MARKET: ANALYSIS AND FORECAST
5.1 Share of Firearms Market by Country
5.2 Share of Export of Firearms by Country
5.3 The US Share of Firearms Export to Different Countries
5.4 Share of Export Agreements of Different Countries
5.5 Firearm Import in the US by Type
5.6 Share of Total Gun Sale by Type
5.7 Share of the US Citizens Having Guns
5.8 Share of Firearms in the US by Production
5.9 Share of Background Checks that Resulted in Denial
5.10 Firearms Volume Market Share
6. FIREARMS AND AMMUNITION MARKET: IMPACT ON THE US ECONOMY
6.1 Jobs Created by Firearms and Ammunition Industry
6.2 Wages Earned from Firearms and Ammunition Industry
6.3 Taxes Generated from Firearm and Ammunition Industry
6.3.1 Business Taxes
6.3.2 Excise Tax
7. COMPETITIVE LANDSCAPE: FIREARMS AND AMMUNITION MARKET
8. MARKET DYNAMICS: FIREARM AND AMMUNITION MARKET
8.1 Growth Drivers
8.2 Challenges
8.3 Market Trends
9. COMPANY PROFILES
9.1 Smith and Wesson
9.1.1 Business Overview
9.1.2 Financial Overview
9.1.3 Business Strategy
9.2 Olin Winchester
9.2.1 Business Overview
9.2.2 Financial Overview
9.2.3 Business Strategy
9.3 Alliant Techsystems Inc. (ATK)
9.3.1 Business Overview
9.3.2 Financial Overview
9.3.3 Business Strategy
9.4 Ruger Corporation
9.4.1 Business Overview
9.4.2 Financial Overview
9.4.3 Business Strategy
2. INTRODUCTION OF FIREARMS AND AMMUNITION MARKET
2.1 Handgun
2.1.1 Pistol
2.1.2 Revolver
2.2 Rifle
2.3 Shotgun
3. UNITED STATES: FIREARMS LAWS AND REGULATIONS
3.1 National Firearm Act
3.2 Gun control Act
3.3 Arm Export Control Act
3.4 Brandy Law
3.5 Background Check
4. SIZING - US FIREARMS AND AMMUNITION MARKET: ANALYSIS AND FORECAST
4.1 Sizing - US Firearms and Ammunition Market: By Volume
4.1.1 Pistol Production and Forecast
4.1.2 Revolver Production and Forecast
4.1.3 Shotgun Production and Forecast
4.1.4 Rifle Production and Forecast
4.2 Sizing - US Firearms and Ammunition Market: By Value
4.3 Number of Licensed Gun Shop in the US
4.4 Background Checks Conducted in the US
4.5 Gun Ownership in the US
4.6 Average Spent on Guns by Type
5. SHARE - US FIREARMS AND AMMUNITION MARKET: ANALYSIS AND FORECAST
5.1 Share of Firearms Market by Country
5.2 Share of Export of Firearms by Country
5.3 The US Share of Firearms Export to Different Countries
5.4 Share of Export Agreements of Different Countries
5.5 Firearm Import in the US by Type
5.6 Share of Total Gun Sale by Type
5.7 Share of the US Citizens Having Guns
5.8 Share of Firearms in the US by Production
5.9 Share of Background Checks that Resulted in Denial
5.10 Firearms Volume Market Share
6. FIREARMS AND AMMUNITION MARKET: IMPACT ON THE US ECONOMY
6.1 Jobs Created by Firearms and Ammunition Industry
6.2 Wages Earned from Firearms and Ammunition Industry
6.3 Taxes Generated from Firearm and Ammunition Industry
6.3.1 Business Taxes
6.3.2 Excise Tax
7. COMPETITIVE LANDSCAPE: FIREARMS AND AMMUNITION MARKET
8. MARKET DYNAMICS: FIREARM AND AMMUNITION MARKET
8.1 Growth Drivers
8.2 Challenges
8.3 Market Trends
9. COMPANY PROFILES
9.1 Smith and Wesson
9.1.1 Business Overview
9.1.2 Financial Overview
9.1.3 Business Strategy
9.2 Olin Winchester
9.2.1 Business Overview
9.2.2 Financial Overview
9.2.3 Business Strategy
9.3 Alliant Techsystems Inc. (ATK)
9.3.1 Business Overview
9.3.2 Financial Overview
9.3.3 Business Strategy
9.4 Ruger Corporation
9.4.1 Business Overview
9.4.2 Financial Overview
9.4.3 Business Strategy
LIST OF FIGURES AND TABLES
Figure 1: Types of Firearms
Figure 2: Semi Automatic Pistol
Figure 3: Revolver Gun
Figure 4: Semi Auto Battle Rifle
Figure 5: Tactical Pump Shotgun
Figure 6: The U.S Firearm and Ammunition Market size by Volume: 2008 to 2012 (Million)
Figure 7: The U.S Firearm and Ammunition Market size by Volume Forecast: 2013 to 2018 (Million)
Figure 8: The U.S Pistol Production: 2008 to 2012 (Million)
Figure 9: The U.S Pistol Production Forecast: 2013 to 2018 (Million)
Figure 10: Production of Pistol by Type: 2011 (Thousand)
Figure 11: The U.S Revolver Production: 2008 to 2012 (Thousand)
Figure 12: The U.S Revolver Production Forecast: 2013 to 2018 (Thousand)
Figure 13: Production of Revolver by Type: 2011 (Thousand)
Figure 14: The U.S Shotgun Production: 2008 to 2012 (Thousand)
Figure 15: The U.S Shotgun Production Forecast: 2013 to 2018 (Thousand)
Figure 16: The U.S Rifle Production: 2008 to 2012 (Million)
Figure 17: The U.S Rifle Production Forecast: 2013 to 2018 (million)
Figure 18: The U.S Firearm and Ammunition Market size by Value: 2007 to 2012 (US$ Billion)
Figure 19: The U.S Firearm and Ammunition Market size by Value Forecast: 2013 to 2018 (US$ Billion)
Figure 20: Number of Licensed Gun Shop in U.S (2012)
Figure 21: Number of Gun Licenses Denied and Given: 2012 (Thousand)
Figure 22: Change in FBI Background Check: July 2011 to September 2012 (Percentage)
Figure 23: Share of the U.S Citizens Having Guns: 2005 to 2012 (percentage)
Figure 24: Share of People Having Firearm in their Home by Type of Firearm and Income (Percentage)
Figure 25: Average spent on Guns by Type (US$)
Figure 26: Market Share of Countries by Sales in Firearms Market (2012)
Figure 27: Share of Export of Firearms by Country (2012)
Figure 28: The U.S Share of Firearms Export to Different Countries (2012)
Figure 29: Share by Export Agreements of Different Countries (2012)
Figure 30: Firearm Import in the U.S by Type (2012)
Figure 31: Share of Total Gun Sale by Type (2013)
Figure 32: Share of the U.S Citizens Having Guns (2012)
Figure 33: Share of Firearms in the U.S by Production (2012)
Figure 34: Share of Background Checks that Resulted in Denial: 2005 to 2012 (Percentage)
Figure 35: Firearms Volume Market Share (2011)
Figure 36: Institutional Market Share by Volume (2011)
Figure 37: Direct Economic Impact of Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 38: Total Economic Impact of Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 39: Direct Jobs Created in Arms and Ammunition Industry: 2008, 09 and
Figure 40: Total Jobs Created in Arms and Ammunition Industry: 2008, 09 and
Figure 41: Direct Wages Paid in Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 42: Total Wages Paid in Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 43: Federal Taxes Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 44: State Tax Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 45: Excise Tax Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Million)
Figure 46: Sales Growth Trends of Different Companies for Guns and Ammunition Suppliers: 1Q10-1Q13 (Percentage)
Figure 47: Reason for Ownership of Guns in the U.S (2012)
Figure 48: Number of Background Checks Conducted in the U.S: 2008- Feb 2013 (Thousands)
Figure 49: Share of Gun Ownership by Women in the U.S: 2002 to 2011
Figure 50: Smith and Wesson’s Net Revenue: 2009 to 2013 (US$ Million)
Figure 51: Olin Corporation Net Revenue: 2008 to 2012 (US$ Million)
Figure 52: ATK’s Net Revenue: 2009 to 2013 (US$ Million)
Figure 53: Ruger’s Net Revenue: 2008 to 2012 (US$ Million)
Table 1: Type of Rifles
Table 2: Laws/Acts Enforced on Firearms and their Enactment Date
Table 3: Gun Ownership in the U.S (Percentage)
Table 4: Economic Impact of the Sporting Arms and Ammunition Industry in the U.S (2011)
Table 5: Taxes Generated from firearms and Ammunition in the U.S (2011)
Table 6: Name of Companies and Product produced
Table 7: Number of Background Checks Conducted in the U.S: 2008- Feb 2013 (Thousands)
Table 8: Purchasing, Possession and Registration Laws in Different States in U.S (2013)
Figure 1: Types of Firearms
Figure 2: Semi Automatic Pistol
Figure 3: Revolver Gun
Figure 4: Semi Auto Battle Rifle
Figure 5: Tactical Pump Shotgun
Figure 6: The U.S Firearm and Ammunition Market size by Volume: 2008 to 2012 (Million)
Figure 7: The U.S Firearm and Ammunition Market size by Volume Forecast: 2013 to 2018 (Million)
Figure 8: The U.S Pistol Production: 2008 to 2012 (Million)
Figure 9: The U.S Pistol Production Forecast: 2013 to 2018 (Million)
Figure 10: Production of Pistol by Type: 2011 (Thousand)
Figure 11: The U.S Revolver Production: 2008 to 2012 (Thousand)
Figure 12: The U.S Revolver Production Forecast: 2013 to 2018 (Thousand)
Figure 13: Production of Revolver by Type: 2011 (Thousand)
Figure 14: The U.S Shotgun Production: 2008 to 2012 (Thousand)
Figure 15: The U.S Shotgun Production Forecast: 2013 to 2018 (Thousand)
Figure 16: The U.S Rifle Production: 2008 to 2012 (Million)
Figure 17: The U.S Rifle Production Forecast: 2013 to 2018 (million)
Figure 18: The U.S Firearm and Ammunition Market size by Value: 2007 to 2012 (US$ Billion)
Figure 19: The U.S Firearm and Ammunition Market size by Value Forecast: 2013 to 2018 (US$ Billion)
Figure 20: Number of Licensed Gun Shop in U.S (2012)
Figure 21: Number of Gun Licenses Denied and Given: 2012 (Thousand)
Figure 22: Change in FBI Background Check: July 2011 to September 2012 (Percentage)
Figure 23: Share of the U.S Citizens Having Guns: 2005 to 2012 (percentage)
Figure 24: Share of People Having Firearm in their Home by Type of Firearm and Income (Percentage)
Figure 25: Average spent on Guns by Type (US$)
Figure 26: Market Share of Countries by Sales in Firearms Market (2012)
Figure 27: Share of Export of Firearms by Country (2012)
Figure 28: The U.S Share of Firearms Export to Different Countries (2012)
Figure 29: Share by Export Agreements of Different Countries (2012)
Figure 30: Firearm Import in the U.S by Type (2012)
Figure 31: Share of Total Gun Sale by Type (2013)
Figure 32: Share of the U.S Citizens Having Guns (2012)
Figure 33: Share of Firearms in the U.S by Production (2012)
Figure 34: Share of Background Checks that Resulted in Denial: 2005 to 2012 (Percentage)
Figure 35: Firearms Volume Market Share (2011)
Figure 36: Institutional Market Share by Volume (2011)
Figure 37: Direct Economic Impact of Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 38: Total Economic Impact of Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 39: Direct Jobs Created in Arms and Ammunition Industry: 2008, 09 and
Figure 40: Total Jobs Created in Arms and Ammunition Industry: 2008, 09 and
Figure 41: Direct Wages Paid in Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 42: Total Wages Paid in Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 43: Federal Taxes Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 44: State Tax Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Billion)
Figure 45: Excise Tax Generated by Arms and Ammunition Industry: 2008, 09 and 11 (US$ Million)
Figure 46: Sales Growth Trends of Different Companies for Guns and Ammunition Suppliers: 1Q10-1Q13 (Percentage)
Figure 47: Reason for Ownership of Guns in the U.S (2012)
Figure 48: Number of Background Checks Conducted in the U.S: 2008- Feb 2013 (Thousands)
Figure 49: Share of Gun Ownership by Women in the U.S: 2002 to 2011
Figure 50: Smith and Wesson’s Net Revenue: 2009 to 2013 (US$ Million)
Figure 51: Olin Corporation Net Revenue: 2008 to 2012 (US$ Million)
Figure 52: ATK’s Net Revenue: 2009 to 2013 (US$ Million)
Figure 53: Ruger’s Net Revenue: 2008 to 2012 (US$ Million)
Table 1: Type of Rifles
Table 2: Laws/Acts Enforced on Firearms and their Enactment Date
Table 3: Gun Ownership in the U.S (Percentage)
Table 4: Economic Impact of the Sporting Arms and Ammunition Industry in the U.S (2011)
Table 5: Taxes Generated from firearms and Ammunition in the U.S (2011)
Table 6: Name of Companies and Product produced
Table 7: Number of Background Checks Conducted in the U.S: 2008- Feb 2013 (Thousands)
Table 8: Purchasing, Possession and Registration Laws in Different States in U.S (2013)
