06-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Air Gun Market By Product (Pistol and Rifle), By Ammunition Type (Cleaning Pellets, Airgun Pellets, Hunting Pellets, Big Bore Pellets, Airgun BBs, and Others), By Accessories (Compressors, Sights, Scopes, Binoculars, Mounts, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global air gun market in 2019 was around USD 2,000 Million. The market is expected to grow at a CAGR of more than 7% and is anticipated to exceed USD 3,200 Million by 2026.
The key factors unlocking the business opportunities for the key players of the global air gun market are the persistent increase in the organization of a number of sporting events worldwide along with the rising curiosity of civilians for animal hunting. In addition, the air gun market is witnessing a gradual escalation through product innovation, strategic partnerships, mergers, acquisitions, and collaborations.
Browse the full “Air Gun Market By Product (Pistol and Rifle), By Ammunition Type (Cleaning Pellets, Airgun Pellets, Hunting Pellets, Big Bore Pellets, Airgun BBs, and Others), By Accessories (Compressors, Sights, Scopes, Binoculars, Mounts, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-air-gun-market-by-product-pistol-and-667
The pistols category of the product segment accounts for the major share of the global air gun market
Based on the product type, the global industry is divided into rifles and pistols. Between the two, pistols product type held the major part of the global share generated by the air gun market in 2019. Moreover, the category is likely to hold the leading position throughout the forecast period. However, the rifles segment seems to grow at a remarkable rate during 2020–2026 owing to the bulging craze among civilians for animal hunting. Rifles offer hunters to aim with high accuracy, thereby surging the demand for air rifles globally.
Airgun pellets under ammunition type witnesses leading position in the global market in the coming few years
By ammunition type, the air gun market is bifurcated into hunting pellets, airgun BBs, airgun pellets, cleaning pellets, big bore pellets, and others. The airgun pellets segment is likely to hold the overwhelming position in the global air gun market during the study timeframe from 2020 to 2026, as these pellets are majorly used in the hobby as well as competition shooting.
North America’s air gun market accounts the maximum revenue for the global market
The key factor that has been propelling North America’s air gun market to attain the dominating position is the introduction of new policies & regulations by the government with time to offer a firearm license. However, the regional market is likely to follow a decelerating growth trend owing to the ban on animal hunting games, which will impede the regional air gun market.
The global air gun market research report delivers an acute valuation and taxonomy of the global air gun industry by practically splitting the market on the basis of different products, accessories, ammunition types, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 2,000 Billion |
Projected Market Size in 2026 |
USD 3,200 Billion |
CAGR Growth Rate |
7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
velocity Outdoor Inc., Sport Manufacturing Group Inc., Ruger & Company Inc., Morini Competition Arm SA, Carl Walther GmbH., GAMO Outdoor S.L.U, Feinwerkbau GmbH, Air force Airguns, Smith & Wesson, Daisy Outdoor Products Inc., and Sturm, and Others |
Key Segment |
By Product, Accessories, Ammunition, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players driving the global air gun market velocity Outdoor Inc., Sport Manufacturing Group Inc., Ruger & Company Inc., Morini Competition Arm SA, Carl Walther GmbH., GAMO Outdoor S.L.U, Feinwerkbau GmbH, Air force Airguns, Smith & Wesson, Daisy Outdoor Products Inc., and Sturm, among others.
This report segments the global air gun market as follows:
Global Air Gun Market: Product Segmentation Analysis
Global Air Gun Market: Accessories Segmentation Analysis
- Compressors
- Sights
- Scopes
- Binoculars
- Mounts
- Others
Global Air Gun Market: Ammunition Type Segmentation Analysis
- Cleaning Pellets
- Airgun Pellets
- Hunting Pellets
- Big Bore Pellets
- Airgun BBs
- Others
Global Air Gun Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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