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Sports Gun Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

October 2023 | 139 pages | ID: S1FF875B7824EN
IMARC Group

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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. Anschьtz 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?
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
9.2 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
9.3 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
9.4 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
9.5 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. Anschьtz 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

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

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


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