Title: Shooting and Gun Accessories Market Key Drivers & on-going Trends 2021 - 2030
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2Shooting 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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3Shooting 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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4Shooting 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. - Porters five forces analysis illustrates the
potency of the buyers and suppliers in the
industry.
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5Shooting and Gun Accessories Market
- Major Companies
- 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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6Shooting and Gun Accessories Market
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