Air Gun & Airsoft Gun Manufacturing in the US - Industry Market Research Report

Air Gun & Airsoft Gun Manufacturing in the US - Industry Market Research Report

Air Gun & Airsoft Gun Manufacturing

Operators in the Air Gun and Airsoft Gun Manufacturing industry experienced volatility over the five years to 2019. Industry companies manufacture and develop guns that shoot various projectiles, like pellets, using compressed air instead of ignited gunpowder. Industry products are used for various recreational, hunting and sporting activities, including target shooting. After benefiting from years of pent-up demand, the industry began to normalize during the early part of the five-year period as demand leveled out. The industry's link to the traditional Guns and Ammunition Manufacturing industry (IBISWorld report 33299a) also played a role in the industry's volatility during the current period. Over the five years to 2024, industry revenue is forecast to climb.

This industry primarily manufactures air guns and airsoft guns, which are distinct from firearms. Air guns and airsoft guns use air or gas, while firearms burn a propellant. Air guns and airsoft guns are used for hunting, pest control, recreational shooting and competitive sports. Spring-loaded, pneumatic, gas-powered and electric guns are included in this industry, but guns designed specifically for paintball are excluded.

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.

MAJOR COMPANIES

Velocity Outdoor Inc.