Global Sporting Gun Market Size Study, By Type, Application, End User, and Regional Forecasts 2022-2032

The Global Sporting Gun Market, valued at approximately USD 2.38 billion in 2023, is anticipated to witness a steady compound annual growth rate (CAGR) of 5.14% over the forecast period 2024-2032. Sporting guns, widely used for recreational shooting, hunting, and competitive sports, have experienced increasing demand due to the rising popularity of shooting sports and the expansion of hunting activities worldwide. Technological advancements, such as precision targeting systems, lightweight materials, and enhanced safety mechanisms, are reshaping the sporting gun industry, catering to enthusiasts and professional shooters alike.

The expansion of shooting ranges and hunting tourism, coupled with supportive regulations in many regions, has significantly driven market growth. In addition, increased consumer spending on outdoor recreational activities has fueled the demand for high-performance sporting guns. Competitive shooting events, including the Olympics and international championships, have further amplified the sales of precision rifles and shotguns. However, stringent government regulations concerning gun ownership and the potential risks associated with firearm usage pose challenges to the market's expansion. Additionally, fluctuations in raw material prices and growing anti-gun movements in certain countries may impact the market's trajectory.

From a regional standpoint, North America holds the dominant position in the global sporting gun market, primarily due to high participation in hunting and shooting sports, a well-established firearm culture, and favorable legislation. The U.S. remains a key contributor, with a vast number of licensed firearm owners and shooting ranges driving demand. Meanwhile, Europe has also emerged as a significant market, with countries such as Germany and the UK witnessing steady growth in sports shooting activities. The Asia-Pacific region is projected to experience the fastest growth, attributed to rising disposable income, increasing interest in adventure sports, and evolving hunting regulations in countries like China, India, and Australia.

Major Market Players Included in This Report
• Beretta Holding S.p.A
• Smith & Wesson Brands, Inc.
• Sturm, Ruger & Co., Inc.
• Remington Arms Company, LLC
• Browning Arms Company
• Heckler & Koch GmbH
• SIG Sauer, Inc.
• Savage Arms, Inc.
• Benelli Armi S.p.A
• FN Herstal
• Winchester Repeating Arms
• Weatherby, Inc.
• Krieghoff International
• Anschütz GmbH & Co. KG
• Merkel Jagd- und Sportwaffen GmbH

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Type:
• Rifles
• Shotguns
• Handguns

By Application:
• Competitive Shooting
• Hunting
• Recreational Shooting

By End User:
• Individuals
• Shooting Ranges & Sports Clubs
• Defense & Law Enforcement

By Regional Outlook:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America:
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:
• Saudi Arabia
• UAE
• South Africa
• Rest of MEA

Key Takeaways from the Report:
• Market estimates and forecasts spanning 2022 to 2032.
• Annualized revenue analysis and insights into regional trends.
• In-depth study of geographical market distribution with country-level evaluations.
• Competitive landscape overview, including major industry players and market share analysis.
• Examination of key business strategies and future investment recommendations.
• Evaluation of market structure, including demand and supply dynamics.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Please note: This publisher does offer titles that are created upon receipt of order.