PUBLISHER: The Business Research Company | PRODUCT CODE: 1662346
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662346
A sports gun is a type of firearm specifically created for hunting and competitive shooting sports. These weapons emphasize precision engineering to guarantee accuracy and safety, addressing the distinct needs of sports enthusiasts. Sports guns frequently incorporate advanced materials and technologies that improve performance, reliability, and the overall shooting experience, making them appropriate for a range of shooting disciplines.
Different types of sports guns include pistols, revolvers, rifles, machine guns, shotguns, carbines, and other variations. Pistols, specifically handheld cannons fired from one hand, are frequently used in sports events to signal the start of a game. These guns are distributed through channels like gun stores, sports goods stores, online platforms, and other distribution networks. Manufacturing materials commonly used include steel, aluminum, polymer, and other similar materials. They are categorized by caliber types such as 0.38 caliber, 0.38 special, 12 gauge, and 9 mm. Sports guns find applications in various fields including training, demonstrations, and recreational sports. They are utilized for shooting practice and participate in sports activities.
The sports gun market research report is one of a series of new reports from The Business Research Company that provides sports gun market statistics, including sports gun industry global market size, regional shares, competitors with a sports gun market share, detailed sports gun market segments, market trends and opportunities, and any further data you may need to thrive in the sports gun industry. This sports gun market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The sports gun market size has grown strongly in recent years. It will grow from $2.43 billion in 2024 to $2.57 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to cultural heritage, military influence, safety and reliability, global conflicts, sports industry evolution, increased participation in shooting sports.
The sports gun market size is expected to see strong growth in the next few years. It will grow to $3.33 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to youth engagement and outreach, environmental and sustainability concerns, cultural and recreational shifts, adoption of modular designs, focus on training and skill development. Major trends in the forecast period include marketing and branding strategies, customization and personalization, competitive shooting events, modularity and versatility, innovation in materials,.
The growing participation in shooting sports worldwide is anticipated to drive the expansion of the sports gun market in the future. Shooting sports involve competitions that highlight a shooter's precision, control, and speed when aiming at targets with firearms like pistols and rifles. The increase in shooting sports is linked to a rising awareness of firearm safety, improved access to training programs, and the emergence of competitive shooting events that encourage community engagement and participation. These sports play a significant role in boosting the sports gun sector by generating higher demand for firearms and accessories through promotional activities, greater accessibility, and community involvement, which in turn motivates manufacturers to innovate and broaden their product offerings. For example, the 2023 Special Report on Hunting from the Outdoor Industry Association, a U.S.-based nonprofit organization, indicated that approximately 14.7 million Americans participated in hunting at least once using a bow or firearm in 2022, marking a 1% increase in participation compared to 2021. Thus, the rise in participation in shooting sports globally is driving the growth of the sports gun market.
The increasing interest in sports competition events is expected to further propel the growth of the sports gun market in the coming years. Sports competition events are organized contests where individuals or teams compete against each other to determine the top performer in a particular sport. Sports guns are specialized handguns crafted specifically for various shooting sports and competitions, tailored to meet the unique requirements and regulations of each shooting discipline. For instance, in August 2023, World Athletics, a Sweden-based international authority overseeing track and field, reported a 36.7% increase in spending on sports events, reaching $72 million for hosting four world athletics events, with competitions accounting for 58% of total expenditures. Therefore, the rising demand for sports competition events is driving the sports gun market.
Leading companies in the sports gun market are focusing on launching innovative products, such as semi-automatic shotguns, to enhance shooting performance and improve user experience. A semi-automatic shotgun is designed to automatically chamber the next round after firing, enabling the shooter to fire multiple rounds in rapid succession without needing to reload manually between shots. For example, in January 2022, Beretta, an Italy-based firearms manufacturer, introduced the A400 Xcel Sporting, featuring Beretta's Steelium barrel technology. With a cross-tube gas piston, Beretta's ultrafast BLINK gas operating technology on the A400 Xcel allows for cycling that is 36% faster than its competitors. The A400 Xcel Sporting includes a larger grip and Beretta's Kick-Off recoil reduction system, enhancing stability, comfort, and control for quicker target acquisition.
Key players in the sports gun market are pursuing strategic partnerships to develop advanced sports guns. Such partnerships enable sports gun companies to combine their resources and expertise, improve research and development capabilities, broaden their market reach, and expedite commercialization, ultimately fostering innovation and growth within the sports gun industry. For instance, in August 2022, ELEY Limited, a UK-based manufacturer of firearm cartridges, teamed up with USA Shooting Team, the U.S. national governing body for Olympic shooting sports. Through this collaboration, ELEY and USA Shooting aim to enhance athlete performance by providing access to top-quality ELEY ammunition. This partnership supports competitors in Olympic and Paralympic events by offering technically superior products and testing facilities to help athletes achieve their objectives.
In December 2023, Czechoslovak Group, a machinery manufacturing company based in the Czech Republic, acquired Perazzi for an undisclosed sum. This acquisition is intended to ensure Perazzi's long-term growth and bolster its position in the global luxury firearms market, while also enhancing CSG's international presence and reputation in the sport shooting and hunting sectors. Perazzi is an Italy-based manufacturing firm that specializes in producing sports guns.
Major companies operating in the sports gun market are American Outdoor Brands Corporation, J.G. Anschutz GmbH & Co. KG, Crosman Corporation, Sturm Ruger & Company Inc., Browning Arms Company, Beretta Holding S.A., Howa Machinery Ltd., Colt's Manufacturing Company LLC, Carl Walther GmbH S, Olympic Arms Inc., Herstal SA Ltd., Remington Arms Company LLC, Creedmoor Sports Inc., BRS Outdoor Sports Holdings LLC, Smith & Wesson Brands Inc., L&O Holding GmbH & Co. KG, Glock Inc., Savage Arms Inc., FN America LLC, Kimber Mfg Inc., Taurus International Manufacturing Inc., Kel Tec CNC Industries Inc., SCCY Industries LLC, Springfield Inc., Maverick Arms Inc., Diamondback Firearms LLC, Century International Arms, Hi-Point Firearms, Radical Firearms LLC, Mossberg & Sons Inc.
North America was the largest region in the sports gun market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sports gun market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the sports gun market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The sports gun market consists of sales of stun guns, teaser guns, blasters, peashooters, and more. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Sports Gun Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sports gun market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for sports gun ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The sports gun market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.