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Sports Guns - Global Market Trajectory & Analytics

  • ID: 5141370
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Beretta Holding SpA
  • Browning Arms Company
  • Creedmoor Sports, Inc.
  • German Sport Guns GmbH
  • Howa Machinery, Ltd.
  • Miroku Corporation
Global Sports Guns Market to Reach $2.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Sports Guns estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027. Competitive Shooting, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hunting segment is readjusted to a revised 2.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $486.1 Million, While China is Forecast to Grow at 4.7% CAGR

The Sports Guns market in the U.S. is estimated at US$486.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$423.8 Million by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.

Recreation Segment to Record 2.8% CAGR

In the global Recreation segment, USA, Canada, Japan, China and Europe will drive the 2.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$419.7 Million in the year 2020 will reach a projected size of US$495.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$291.5 Million by the year 2027, while Latin America will expand at a 3.7% CAGR through the analysis period.

Select Competitors (Total 31 Featured):
  • Beretta Holding SpA
  • Browning Arms Company
  • Creedmoor Sports, Inc.
  • Dick's Sporting Goods, Inc.
  • German Sport Guns GmbH
  • Howa Machinery, Ltd.
  • J. G. Anschutz GmbH & Co. KG
  • Miroku Corporation
  • Smith & Wesson
  • Sturm, Ruger & Co., Inc.
Frequently Asked Questions about the Global Market for Sports Guns

What is the estimated value of the Global Market for Sports Guns?

The Global Market for Sports Guns was estimated to be valued at $1.8 Billion in 2020.

What is the growth rate of the Global Market for Sports Guns?

The growth rate of the Global Market for Sports Guns is 2.2%, with an estimated value of $2.1 Billion by 2027.

What is the forecasted size of the Global Market for Sports Guns?

The Global Market for Sports Guns is estimated to be worth $2.1 Billion by 2027.

Who are the key companies in the Global Market for Sports Guns?

Key companies in the Global Market for Sports Guns include Beretta Holding SpA, Browning Arms Company, Creedmoor Sports, Inc., Dick's Sporting Goods, Inc., German Sport Guns GmbH, Howa Machinery, Ltd., J. G. Anschutz GmbH & Co. KG, Miroku Corporation and Sturm, Ruger & Co. Inc..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Beretta Holding SpA
  • Browning Arms Company
  • Creedmoor Sports, Inc.
  • German Sport Guns GmbH
  • Howa Machinery, Ltd.
  • Miroku Corporation
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 31
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Beretta Holding SpA
  • Browning Arms Company
  • Creedmoor Sports, Inc.
  • Dick's Sporting Goods, Inc.
  • German Sport Guns GmbH
  • Howa Machinery, Ltd.
  • J. G. Anschutz GmbH & Co. KG
  • Miroku Corporation
  • Smith & Wesson
  • Sturm, Ruger & Co. Inc.
Note: Product cover images may vary from those shown
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