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Shooting and Gun Accessories Market
The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social
distancing mandatory to contain the spread of the virus. Factories were shut down, and only a fraction of the
total workforce was allowed to work. As a result, the supply and demand for professional-grade guns and gun
accessories was disrupted significantly. The private gun manufacturing units were one of the most severely
affected industries by the pandemic and observed a decline of investments initially. However, amid the
coronavirus pandemic, several riots and conflicts with the government were witnessed across various parts of the
world and the law enforcement agencies made use of guns and other equipment to control the situations. With
the significant rise in vaccination across the world, the demand for advanced shooting and gun accessories is
expected to revive soon.
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Shooting and Gun Accessories Market
The global shooting and gun accessories market was valued at $5,136.5 million in 2020, and is projected to reach
$10,548.2 million in 2030, registering a CAGR of 7.7%.
Shooting and gun accessories comprise air rifles, air pistols, magazines & loaders, and targets, and accessories such
as grips, shooting sticks, laser light, and others. In recent years, increased use of firearms has been observed for
military, law enforcement, and commercial applications, and firearms manufactures are developing and launching
different types of firearms to attract more customers and generate new revenue pockets.
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Shooting and Gun Accessories Market
Key Benefits For Stakeholders
• This study presents analytical depiction of the global shooting and gun accessories market analysis along with
the current trends and future estimations to depict imminent investment pockets.
• The overall shooting and gun accessories market opportunity is determined by understanding profitable trends
to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities of the global shooting and
gun accessories market with a detailed impact analysis.
• The current shooting and gun accessories market is quantitatively analyzed from 2020 to 2030 to benchmark the
financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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Shooting and Gun Accessories Market
Major Companies:
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American Outdoor Brands Inc.
Fabbrica D'Armi Pietro Beretta S.p.A.
FN Herstal
Heckler & Koch
Remington Ammunition
Savage
Sturm, Ruger & Co., Inc.
Taurus International Manufacturing, Inc.
Webley & Scott
Weihrauch & Weihrauch Sport GmbH & Co.
KG
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Shooting and Gun Accessories Market
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