Sports Gun Market by Product Type (Rifle, Pistol, Shotgun), Application (Competitive Shooting, Recreational Sports), Distribution Channel, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2029

Sports Gun Market Size

The Sports Gun market size was valued at $2.30 billion in 2023 and is projected to reach $3.42 billion by 2029, growing at a CAGR of 6.8% during the forecast period.

Sports Gun Market Overview

A sports gun, also known as a sporting firearm or recreational firearm, is a type of firearm specifically designed and used for sporting or recreational purposes rather than for self-defense or military use. Sports guns are commonly used in various shooting sports and recreational activities, including target shooting, clay pigeon shooting, hunting, and competitive shooting competitions. These firearms are available in a wide range of types, styles, and calibers to suit different shooting disciplines and preferences. Some common types of sports guns include rifles, shotguns, and handguns, each with its own specific features and characteristics tailored to its intended use. Sports guns are typically designed with ergonomic grips, adjustable sights, and smooth trigger pulls to enhance accuracy and shooting comfort. They may also feature specialized components such as interchangeable barrels, chokes, and stocks to accommodate different shooting environments and preferences. Safety is paramount when handling sports guns, and proper training, supervision, and adherence to firearm safety rules and regulations are essential for safe and responsible use. Overall, sports guns provide enthusiasts with a rewarding and challenging recreational activity while promoting skill development, camaraderie, and respect for firearms.

Sports Gun Market Dynamics

The market dynamics analyzed in this market research report encapsulate a multifaceted interplay of drivers and constraints that significantly shape the landscape of the Sports Gun Market. The comprehensive analysis of both drivers and constraints enables a nuanced understanding of the market's dynamics, empowering businesses and stakeholders to make informed decisions in navigating the complexities of the market.

Sports Gun Market Scope

The report “Global Sports Gun Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Global Sports Gun Market by, Product Type

·        Rifle

·        Pistol

·        Shotgun

Global Sports Gun Market by, Application

·        Competitive Shooting

·        Recreational Sports

Global Sports Gun Market by, Distribution Channel

·        Offline Retail Stores

·        Online Retail Stores

Global Sports Gun Market by, Geography

·        North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis.

·        Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

·        Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

·        South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

·        Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.

Key Players Profiled in this Research Report include:

·        Sturm Ruger & Company Inc.

·        Smith & Wesson Brands Inc

·        Remington Arms Company LLC (Remington Outdoor Company)

·        J. G. Anschütz GmbH & Co. KG

·        Howa Machinery Ltd

·        German Sport Guns GmbH (L&O Hunting Group GmbH)

·        Dick's Sporting Goods Inc

·        Colt's Manufacturing Company LLC (Colt Defense)

·        Carl Walther GmbH

·        Browning Arms Company (Herstal Group)

·        Beretta Holding S.p.A

·        American Outdoor Brands Inc

What can be explored with this research report?

·        Understand global Sports Gun Market analysis, trends, and forecast to 2029.

·        Understand analysis of the Sports Gun Market structure by identifying various segments and sub-segments of the market.

·        Understand revenue forecast and strategic analysis concerning industry trends and contribution to the overall Sports Gun Market.

·        Understand the revenue forecast of the Sports Gun Market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

·        Identification of major market trends, and factors driving, restraining, threatening, and providing opportunities for the Sports Gun Market growth.

·        Analyzing opportunities by identification of high-growth segments/revenue pockets in the Sports Gun Market.

·        Understand major player profiles in the Sports Gun Market and analyze their business strategies.

·        Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the Sports Gun Market.

Table Of Content

1 Market Introduction 
 1.1 Market Definition 
 1.2 Research Scope and Segmentation 
 1.3 Stakeholders 
 1.4 List of Abbreviations 
 
2 Executive Summary 
 
3 Research Methodology 
 3.1 Identification of Data 
 3.2 Evaluation of Market Dynamics 
 3.3 Collaboration of Data 
 3.4 Verification and Analysis 
 3.5 Research Approach 
 3.6 Data Sources and Assumptions 
 
4 Market Dynamics 
 4.1 Market Drivers 
 4.2 Market Restraints 
 4.3 Market Opportunities 
 4.4 Market Challenges 
 4.5 Impact of COVID-19 on the Sports Gun Market 
 
5 Porter's Five Force Analysis 
 5.1 Bargaining Power of Suppliers 
 5.2 Bargaining Power of Buyers 
 5.3 Threat of New Entrants 
 5.4 Threat of Substitutes 
 5.5 Competitive Rivalry in the Market 
 
6 Global Sports Gun Market by, Product Type 
 6.1 Overview 
 6.2 Rifle 
 6.3 Pistol 
 6.4 Shotgun 
 
7 Global Sports Gun Market by, Application 
 7.1 Overview 
 7.2 Competitive Shooting 
 7.3 Recreational Sports 
 
8 Global Sports Gun Market by, Distribution Channel 
 8.1 Overview 
 8.2 Offline Retail Stores 
 8.3 Online Retail Stores 
 
9 Global Sports Gun Market by, Geography 
 9.1 Overview 
 9.2 North America 
 9.2.1 US
 9.2.2 Canada
 9.2.3 Mexico
 9.3 Europe 
 9.3.1 Germany
 9.3.2 France
 9.3.3 UK
 9.3.4 Italy
 9.3.5 Spain
 9.3.6 Rest of Europe
 9.4 Asia Pacific 
 9.4.1 China
 9.4.2 Japan
 9.4.3 India
 9.4.4 South Korea
 9.4.5 Australia
 9.4.6 New Zealand
 9.4.7 Rest of Asia Pacific
 9.5 South America 
 9.5.1 Brazil
 9.5.2 Argentina
 9.5.3 Chile
 9.5.4 Rest of South America
 9.6 Middle East & Africa 
 9.6.1 UAE
 9.6.2 Saudi Arabia
 9.6.3 Qatar
 9.6.4 Iran
 9.6.5 South Africa
 9.6.6 Rest of Middle East & Africa
 
10 Key Developments 
 
11 Company Profiling 
 11.1 Sturm Ruger & Company Inc. 
 11.1.1 Business Overview
 11.1.2 Product/Service Offering
 11.1.3 Financial Overview
 11.1.4 SWOT Analysis
 11.1.5 Key Activities
 11.2 Smith & Wesson Brands Inc 
 11.3 Remington Arms Company LLC (Remington Outdoor Company) 
 11.4 J. G. Anschütz GmbH & Co. KG 
 11.5 Howa Machinery Ltd 
 11.6 German Sport Guns GmbH (L&O Hunting Group GmbH) 
 11.7 Dick's Sporting Goods Inc  
 11.8 Colt's Manufacturing Company LLC (Colt Defense) 
 11.9 Carl Walther GmbH 
 11.10 Browning Arms Company (Herstal Group)  
 11.11 Beretta Holding S.p.A 
 11.12 American Outdoor Brands Inc