PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1296959
PUBLISHER: Aviation & Defense Market Reports (A&D) | PRODUCT CODE: 1296959
Global Hunting and Sporting Arms & Ammunition Market
Sports and hunting-related weapons and ammunition are made for recreational purposes. Comparing these weapons to guns used in military armaments reveals that they have different characteristics. Hunting expeditions typically employ rifles with a minimum caliber or muzzle energy. The type of activity for which the weapon is employed varies for a region and it is heavily reliant on a specific timeframe that governs the design of hunting and sporting munitions. However, it is illegal to use rifles in places with dense populations and little topographic relief. These regulations have generally been put in place to prevent accidents or misfires. For hunting on bodies of water where there is a risk of ricochet, the rules for the game category are also strict.
Major factors driving Hunting and Sporting Arms & Ammunition Market Growth:
APAC is identified as a significant demography for the hunting and sports ammunition market after a comprehensive analysis of the geographical landscape for the global markets. The population's rising purchasing power is the key factor that is anticipated to drive the growth associated with this market However, in certain nations, such as India, hunting is seen as being illegal. Another important domestic market for the trade of hunting and sporting weapons, as well as ammunition, is North America. Within North America, the US and Canada make up important regional sectors. Another aspect prepared to improve the market growth dynamics for recreational weapons is the emergence of pursuits like trophy hunting.
According to the regional landscaping for North America, around 1 million North American visitors spend the night hunting in Canada. It's expected that Canadians will dominate the North American hunting market. As a result, they represent a crucial consumer group for hunting firearms and ammunition. Nine out of ten tourists from North America who go overnight hunting are from Canada. According to research, a significant element influencing the sale of firearms used in leisure activities like hunting is seasonal duration. For instance, South Carolina has the longest deer season, which in some zones extends from the middle of August until January. The growing reliance on hunting as a result of the weather and ecosystem is mostly to blame.
Trends influencing the Hunting Sporting Arms & Ammunition Market Size:
On examining the hunting market in Canada further examined for competitiveness, it is discovered that Ontario holds a significant portion of this industry. According to estimates, some 275,000 hunters from North America travel to Ontario for hunting trips, giving the province a crucial market for the hunting arms and ammunition industry. 10% of tourist expenditure and 42% of hunter spending in North America are each accounted for by the RTO13 region of Ontario. Quebec, Manitoba, Saskatchewan, Alberta, and British Columbia are just a few of the other important regional markets that help to drive the North American hunting business.
Another important market for hunting expeditions in the US. For the hunting and sports ammunition market, important hunting destinations and customer segments are found in states like Minnesota, Illinois, Wisconsin, and Michigan. The top destinations for US Trophy Hunters are Namibia, South Africa, and Canada. According to the tourism review, Tanzania, Mozambique, South Africa, and Namibia are some of the top hunting locations in the world because of their diverse wildlife and large amounts of land.
Hunting Sporting Arms & Ammunition Market Forecast & Dynamics:
The instating of norms is of grave importance when it comes to hunting as a recreational activity. For instance, the country Quebec requires the firearm's operand to have to take required training. Moreover, the possession of hunting and sports arms, as well as ammunition, is guarded by licensing practices. Thus, illicit possession of these weapons could result in a penalty.
However, the PAL (Possession and acquisition license for firearms in Quebec) is waived in case the firearm presently used by the operand is borrowed. Consecutively, the end-user of a borrowed firearm is allowed to operate the same under strict guidance and monitoring. Apart from regulations laid for interpersonal safety, several hunting norms are guidelines that are also imposed to maintain ecological balance. Species are on the verge of extinction and several rare breeds of animals cannot be hunted across various countries. For instance, the hunting of tigers is considered to be illegal across several regions. This is predominantly due to extensive poaching of this species which took place historically.
Hunting and Sporting Arms & Ammunition Market Analysis for Recent Developments:
According to the price comparison of firearms sold on international marketplaces, South Africa is a highly profitable place to buy weapons. In comparison to international standards, the cost of guns is substantially lower in Kenya's black market. As a result, purchasing guns are comparatively simpler in these nations. Furthermore, regions like Libya are well renowned for selling assault guns and combat rifles for incredibly low prices. Outside of South Africa, nations like Brazil and the United States have relatively higher pricing for weapons and ammunition. However, low-cost pistols can be purchased in Latin America and the Caribbean's underground marketplaces.
According to the United Nations, hunting guns are the most expensive on the black markets based on the benchmarked price per piece of various weapons. The current assessment points to rising illegal demand for weapons in emerging countries as well as hoarding. The market growth dynamics for hunting and sporting rifles and ammunition are expected to be constrained by norms to prevent the same.
Table of Contents
Hunting and Sporting Arms & Ammunition Market Report Definition
Hunting and Sporting Arms & Ammunition Market Segmentation
- By Region
- By Type
- By Action
Hunting and Sporting Arms & Ammunition Market Analysis for next 10 Years
- The 10-year hunting and sporting arms & ammunition market analysis would give a detailed overview of hunting and sporting arms & ammunition market growth, changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter.
Market Technologies of Hunting and Sporting Arms & Ammunition Market
- This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market.
Global Hunting and Sporting Arms & Ammunition Market Forecast
- The 10-year hunting and sporting arms & ammunition market forecast of this market is covered in detailed across the segments which are mentioned above.
Regional Hunting and Sporting Arms & Ammunition Market Trends & Forecast
- The regional hunting and sporting arms & ammunition market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. The current market size is estimated based on the normal scenario.
- North America
- Drivers, Restraints and Challenges
- PEST
- Market Forecast & Scenario Analysis
- Key Companies
- Supplier Tier Landscape
- Company Benchmarking
- Europe
- Middle East
- APAC
- South America
Country Analysis of Hunting and Sporting Arms & Ammunition Market
- This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter.
- US
- Defense Programs
- Latest News
- Patents
- Current levels of technology maturation in this market
- Market Forecast & Scenario Analysis
- Canada
- Italy
- France
- Germany
- Netherlands
- Belgium
- Spain
- Sweden
- Greece
- Australia
- South Africa
- India
- China
- Russia
- South Korea
- Japan
- Malaysia
- Singapore
- Brazil
Opportunity Matrix for Hunting and Sporting Arms & Ammunition Market
The opportunity matrix helps the readers understand the high opportunity segments in this market.
Expert Opinions on Hunting and Sporting Arms & Ammunition Market Report
Hear from our experts their opinion of the possible analysis for this market.
Conclusions
About Aviation and Defense Market Reports
List of Tables
- Table 1: 10 Year Market Outlook, 2023-2033
- Table 2: Drivers, Impact Analysis, North America
- Table 3: Restraints, Impact Analysis, North America
- Table 4: Challenges, Impact Analysis, North America
- Table 5: Drivers, Impact Analysis, Europe
- Table 6: Restraints, Impact Analysis, Europe
- Table 7: Challenges, Impact Analysis, Europe
- Table 8: Drivers, Impact Analysis, Middle East
- Table 9: Restraints, Impact Analysis, Middle East
- Table 10: Challenges, Impact Analysis, Middle East
- Table 11: Drivers, Impact Analysis, APAC
- Table 12: Restraints, Impact Analysis, APAC
- Table 13: Challenges, Impact Analysis, APAC
- Table 14: Drivers, Impact Analysis, South America
- Table 15: Restraints, Impact Analysis, South America
- Table 16: Challenges, Impact Analysis, South America
- Table 17: Scenario Analysis, Scenario 1, By Region, 2023-2033
- Table 18: Scenario Analysis, Scenario 1, By Type, 2023-2033
- Table 19: Scenario Analysis, Scenario 1, By Action, 2023-2033
- Table 20: Scenario Analysis, Scenario 2, By Region, 2023-2033
- Table 21: Scenario Analysis, Scenario 2, By Type, 2023-2033
- Table 22: Scenario Analysis, Scenario 2, By Action, 2023-2033
List of Figures
- Figure 1: Global Hunting and Sporting Arms & Ammunition Market Forecast, 2023-2033
- Figure 2: Global Hunting and Sporting Arms & Ammunition Market Forecast, By Region, 2023-2033
- Figure 3: Global Hunting and Sporting Arms & Ammunition Market Forecast, By Type, 2023-2033
- Figure 4: Global Hunting and Sporting Arms & Ammunition Market Forecast, By Action, 2023-2033
- Figure 5: North America, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 6: Europe, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 7: Middle East, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 8: APAC, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 9: South America, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 10: United States, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 11: United States, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 12: Canada, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 13: Canada, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 14: Italy, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 15: Italy, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 16: France, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 17: France, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 18: Germany, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 19: Germany, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 20: Netherlands, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 21: Netherlands, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 22: Belgium, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 23: Belgium, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 24: Spain, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 25: Spain, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 26: Sweden, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 27: Sweden, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 28: Brazil, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 29: Brazil, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 30: Australia, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 31: Australia, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 32: India, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 33: India, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 34: China, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 35: China, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 36: Saudi Arabia, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 37: Saudi Arabia, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 38: South Korea, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 39: South Korea, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 40: Japan, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 41: Japan, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 42: Malaysia, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 43: Malaysia, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 44: Singapore, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 45: Singapore, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 46: United Kingdom, Hunting and Sporting Arms & Ammunition Market, Technology Maturation, 2023-2033
- Figure 47: United Kingdom, Hunting and Sporting Arms & Ammunition Market, Market Forecast, 2023-2033
- Figure 48: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Region (Cumulative Market), 2023-2033
- Figure 49: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Region (CAGR), 2023-2033
- Figure 50: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Type (Cumulative Market), 2023-2033
- Figure 51: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Type (CAGR), 2023-2033
- Figure 52: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Action (Cumulative Market), 2023-2033
- Figure 53: Opportunity Analysis, Hunting and Sporting Arms & Ammunition Market, By Action (CAGR), 2023-2033
- Figure 54: Scenario Analysis, Hunting and Sporting Arms & Ammunition Market, Cumulative Market, 2023-2033
- Figure 55: Scenario Analysis, Hunting and Sporting Arms & Ammunition Market, Global Market, 2023-2033
- Figure 56: Scenario 1, Hunting and Sporting Arms & Ammunition Market, Total Market, 2023-2033
- Figure 57: Scenario 1, Hunting and Sporting Arms & Ammunition Market, By Region, 2023-2033
- Figure 58: Scenario 1, Hunting and Sporting Arms & Ammunition Market, By Type, 2023-2033
- Figure 59: Scenario 1, Hunting and Sporting Arms & Ammunition Market, By Action, 2023-2033
- Figure 60: Scenario 2, Hunting and Sporting Arms & Ammunition Market, Total Market, 2023-2033
- Figure 61: Scenario 2, Hunting and Sporting Arms & Ammunition Market, By Region, 2023-2033
- Figure 62: Scenario 2, Hunting and Sporting Arms & Ammunition Market, By Type, 2023-2033
- Figure 63: Scenario 2, Hunting and Sporting Arms & Ammunition Market, By Action, 2023-2033
- Figure 64: Company Benchmark, Hunting and Sporting Arms & Ammunition Market, 2023-2033
