Market Overview

The Global Sports Gun Market was valued at USD 3,510.3 million in 2023 and is expected to reach USD 7,579.6 million by 2031 while growing at a CAGR of 10.1% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global sports gun market growth. A sports gun, also referred to as a sporting firearm, is designed for recreational and competitive use in activities like target shooting, skeet shooting, trap shooting, and practical shooting. These firearms are distinct from military or law enforcement weapons, serving specific sporting purposes.

Growing participation in shooting sports and innovation in firearm technology propel the sports gun market forward. Nonetheless, stringent regulations, licensing requirements, and safety concerns pose challenges to market expansion.

Furthermore, the global sports gun industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Sports Gun Market is segmented among Rifle, Pistol, and Shotgun, based on product type. In 2023, Pistol accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Sports Gun Market is segmented among Offline Retail Stores, and Online Retail Stores, based on Distribution Channel. In 2023, Offline Retail Stores accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Sports Gun Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Sturm, Ruger & Co. Inc., American Outdoor Brands Inc., J.G. ANSCHUTZ GmbH & Co. KG, Remington Arms Company LLC, Carl Walther GmbH, BRS Outdoor Sports Holdings LLC (Daisy Outdoor Products), Beretta Holding, Cannae Holdings Inc. (Colt's Manufacturing Company LLC), Compass Diversified Holdings, and Olympic Arms Inc.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Sports Gun Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Sports Gun Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Sports Gun Market Segmentation, By Product Type

• Global Sports Gun Market Share Analysis, By Product Type

• Global Sports Gun Market Growth Analysis, By Product Type

• Global Sports Gun Market Trends, By Product Type

o Rifle

o Pistol

o Shotgun

6. Global Sports Gun Market Segmentation, By Distribution Channel

• Global Sports Gun Market Share Analysis, By Distribution Channel

• Global Sports Gun Market Growth Analysis, By Distribution Channel

• Global Sports Gun Market Trends, By Distribution Channel

o Offline Retail Stores

o Online Retail Stores

7. Global Sports Gun Market Segmentation, By Region

• Global Sports Gun Market Share Analysis, By Region

• Global Sports Gun Market Growth Analysis, By Region

• Global Sports Gun Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Sturm*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Ruger & Co. Inc.

• American Outdoor Brands Inc.

• J.G. ANSCHUTZ GmbH & Co. KG

• Remington Arms Company LLC

• Carl Walther GmbH

• BRS Outdoor Sports Holdings LLC (Daisy Outdoor Products)

• Beretta Holding

• Cannae Holdings Inc. (Colt's Manufacturing Company LLC)

• Compass Diversified Holdings

• Olympic Arms Inc   

 *Similar analysis will be provided for each company listed above.