Hunting Equipment & Accessories Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030

Online is the fastest growing segment, North America is the largest market globally

The Global Hunting Equipment & Accessories Market, valued at USD 25.34 Billion in 2024, is projected to experience a CAGR of 7.98% to reach USD 40.16 Billion by 2030. The global hunting equipment and accessories market comprises a broad spectrum of products, including firearms, ammunition, optics, specialized apparel, and various field tools utilized for hunting and associated outdoor recreational pursuits.

Key Market Drivers

The global hunting equipment and accessories market is significantly influenced by increasing participation in outdoor recreational activities and hunting. A growing number of individuals are engaging in these pursuits, driving demand for a wide range of gear from firearms and ammunition to apparel and optics. This trend indicates a sustained interest in traditional outdoor sports, prompting new entrants and re-engaged participants to invest in necessary equipment. For instance, according to the National Shooting Sports Foundation, in 2024, over 52.7 million Americans participated in sport and target shooting activities. This broad engagement directly translates into a larger consumer base for hunting equipment.

Key Market Challenges

Increasingly stringent governmental regulations concerning firearms and hunting practices pose a significant impediment to the growth of the global hunting equipment and accessories market. These regulations, varying across jurisdictions, frequently result in more restrictive firearm ownership laws, limitations on ammunition sales, and complexities in obtaining hunting licenses and permits. Such measures directly constrain consumer access to essential hunting gear and participation in hunting activities, thereby suppressing demand across the product spectrum.

Key Market Trends

The diversification of hunter demographics, particularly the increasing participation of women and youth, is driving a notable shift in product development and marketing strategies. Manufacturers are now designing gear that caters specifically to the fit, comfort, and preferences of these emerging segments. According to the Association of Fish & Wildlife Agencies, in 2022, females represented 33 percent of new entrants to hunting, a notable increase compared to their 17 percent share of all active hunters. This demographic expansion is compelling brands to expand their offerings; for instance, Bowhunter reported in January 2025 on the exciting lineup of dedicated gear, noting that KUIU and DSG Outerwear launched new apparel lines specifically for women hunters, demonstrating a direct market response to this evolving consumer base.

Key Market Players Profiled:

• American Outdoor Brands, Inc.
• Beretta Holding S.A.
• BPS Direct LLC
• Buck Knives, Inc.
• Dick’s Sporting Goods, Inc.
• SPYPOINT
• Under Armour, Inc.
• Spyderco, Inc.
• Sturm Ruger and Co. Inc.
• Vista Outdoor Inc.

Report Scope:

In this report, the Global Hunting Equipment & Accessories Market has been segmented into the following categories:

By Product Type:

• Guns & Rifles
• Ammunition

By End User:

• Individual
• Commercial

By Distribution Channel:

• Online
• Offline

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Hunting Equipment & Accessories Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.