Sporting Guns Market Report 2025 (Global Edition)

Global Sporting Guns Market Report 2025 Market Size Split by Type Outlook: (Rifles, Shotguns, Handguns, Air rifles), by Application Outlook: (Competitive shooting, Recreational shooting, Hunting and s...

Sporting Guns Market Report Description

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Competitive Landscape of the Sporting Guns Market

In the Sporting Guns market's competitive landscape, numerous key competitors are driving innovation and growth. The shooting sports equipment market exhibits dynamic competition influenced by product innovation, regional manufacturing capabilities, and changing customer preferences. Prominent manufacturers allocate resources to research and development as well as technical innovations to provide economical and high-quality products.

In May 2024, The Army Girls Sports Company (AGSC) for the shooting discipline was inaugurated at the Army Marksmanship Unit (AMU) in Mhow, India. This initiative aims to empower female shooters by providing rigorous training and development within a military framework. The first batch of 11 girl sports cadets was introduced during the ceremony, which was attended by distinguished guests including Lt Gen Gajendra Joshi and Olympian Anjali Bhagwat. The program focuses on enhancing technical skills, mental conditioning, and physical fitness to prepare cadets for competitive shooting. This initiative marks a significant step towards gender inclusivity in sports and reflects the Indian Army's commitment to nurturing talent. (Source: https://www.ssbcrack.com/2024/05/army-girls-sports-company-agsc-for-shooting-discipline-inaugurated-at-army-marksmanship-unit-mhow.html) In December 2022, The Ruger® Security-380®, the most recent member of the Lite Rack™ family of pistols, was recently introduced by Sturm, Ruger & Company, Inc. Featuring a precision-machined aluminum chassis, full-length guide rails, and a lightweight slide with refined serrations for easy manipulation, the Security-380 is chambered in.380 Auto. It is equipped with a flush-fit magazine that holds 10 rounds and an extended 15-round magazine that is designed for easy handling. Ruger's Secure Action™ fire-control system is integrated with numerous safety features in the Security-380, which is specifically designed for novice shooters and those who find it challenging to rack conventional slides. Ideal for all-day carry and range training, the pistol is compact and lightweight, with user-friendly features and reduced recoil. (Source: https://ruger.com/news/2022-12-12.html) In November 2022, Beretta Holding S.A. has disclosed its intention to allocate $60 million toward the establishment of a new ammunition manufacturing and distribution facility in Savannah, Georgia. The objective of this investment is to broaden Beretta's presence in the United States, following the acquisition of Norma Precision. The company will be able to provide the US market with locally manufactured premium ammunition, which will result in the creation of hundreds of new jobs, thanks to the new 300,000-square-foot facility. This initiative represents a substantial dedication to providing assistance to customers in the United States who are involved in the hunting, sport shooting, outdoor, military, and law enforcement sectors. Dott. Pietro Gussalli Beretta, the CEO of Beretta Holding, is maintaining its commitment to innovation and growth by capitalizing on its global strategy and heritage. (Source: https://www.beretta.com/en/company/news/announcements/beretta-holding-continuos-growth)

Top Companies Market Share in Sporting Guns Industry: (In no particular order of Rank)

• Beretta
• Benelli
• Smith & Wesson
• Remington Arms Company
• CZ
• Steyr Mannlicher
• Browning
• Ruger
• SIG Sauer Inc.
• Heckler & Koch
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Sporting Guns Market

Which Region Dominates the Sporting Guns Market in 2024?

According to Cognitive Market Research, North America currently dominates the Sporting Guns market, and the region is expected to have significant growth during the projected period. The market demand and engagement in sports shooting are driven by the region's extensive network of shooting ranges, clubs, and competitive events.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The market is experiencing growth due to rapid urbanisation, government initiatives to promote sports culture, and increasing investments in military training and e-commerce platforms.

The current report Scope analyzes Sporting Guns Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Sporting Guns Market Analysis

According to Cognitive Market Research, the global Sporting Guns market size was estimated at USD 37514.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 15005.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Sporting Guns market with a market size of USD 11839.58 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. In the United States, shooting sports are of great cultural importance and are subject to favorable regulations.
• The Canada Sporting Guns market had a market share of USD 1800.70 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada is experiencing an increase in the popularity of recreational hunting and shooting activities.
• The Mexico Sporting Guns market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 1365.53 million in 2024.

Europe Sporting Guns Market Analysis

According to Cognitive Market Research, the global Sporting Guns market size was estimated at USD 37514.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 11254.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom Sporting Guns market had a market share of USD 1890.73 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Sporting Guns sales witness an upswing due to the Historical significance reinforces robust traditions in marksmanship and hunting.
• The France Sporting Guns market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 1035.40 million in 2024.
• According to Cognitive Market Research, the German Sporting Guns market size was valued at USD 2228.36 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, Robust club networks and innovation in shooting sports equipment.
• The Italy Sporting Guns market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 967.87 million in 2024.
• The Russia Sporting Guns market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 1744.42 million in 2024.
• The Spain Sporting Guns market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 922.86 million in 2024
• The Luxembourg Sporting Guns market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 348.88 million in 2024.
• The Portugal Sporting Guns market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 236.34 million in 2024.
• The Greece Sporting Guns market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 135.05 million in 2024.
• The Rest of Europe's Sporting Guns market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 1744.42 million in 2024.

Asia Pacific Sporting Guns Market Analysis

According to Cognitive Market Research, the global Sporting Guns market size was estimated at USD 37514.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 8628.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Sporting Guns market size was valued at USD 3882.75 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Sporting Guns surged in China due to Rising participation in shooting sports and increased investment in military training.
• The Japan Sporting Guns market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1190.71 million in 2024.
• The India Sporting Guns market had a market share of USD 1035.40 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's increasing popularity of shooting sports and government initiatives to promote sports.
• The South Korean Sporting Guns market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 862.83 million in 2024.
• The Australian Sporting Guns market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 448.67 million in 2024.
• The South East Asia Sporting Guns market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 595.36 million in 2024.
• The Rest of Asia Pacific Sporting Guns market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 612.61 million in 2024.

South America Sporting Guns Market Analysis

According to Cognitive Market Research, the global Sporting Guns market size was estimated at USD 37514.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 1875.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Sporting Guns market size was valued at USD 802.81 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Sporting Guns flourished in Brazil due to Enhancing security training and expanding recreational activities.
• Argentina's Sporting Guns market had a market share of USD 315.12 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's Increasing popularity of hunting and sports shooting.
• Colombia Sporting Guns market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 166.94 million in 2024.
• Peru Sporting Guns market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 153.81 million in 2024.
• Chile Sporting Guns market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 135.05 million in 2024.
• The Rest of Latin America's Sporting Guns market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 301.99 million in 2024.

Middle East Sporting Guns Market Analysis

According to Cognitive Market Research, the global Sporting Guns market size was estimated at USD 37514.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 750.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries Sporting Guns market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 321.12 million in 2024. Sporting Guns sales flourish due to the Modernization of military training and investment in sports infrastructure.
• The Egypt Sporting Guns market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 78.78 million in 2024.
• The South Africa Sporting Guns market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 118.55 million in 2024. Sporting Gun sales flourished in South Africa due to a growing emphasis on law enforcement training and recreational shooting.
• The Turkey Sporting Guns market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 64.52 million in 2024.
• The Nigeria Sporting Guns market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 78.78 million in 2024.
• The Rest of the MEA Sporting Guns market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 88.53 million in 2024.

Sporting Guns Market Analysis

How are Segments Performing in the Global Sporting Guns Market?

Sporting Guns Market Type Segment Analysis

According to Cognitive Market Research, Rifles are likely to dominate the Sporting Guns Market over the forecast period. Rifles are extensively used for competitive shooting activities and leisure hunting owing to their precision, range, and adaptability. Their prominence in shooting sports and hunting renders them the most coveted category in the market.

The Air Rifles is the fastest-growing segment in the Sporting Guns Market. The rising demand for air guns for recreational shooting, training, and pest management is propelling their rapid expansion. Air rifles are favoured because of their reduced loudness, user-friendliness, and cost-effectiveness, making them appealing to both novices and seasoned shooters.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sporting Guns Industry. Request a Free Sample PDF!

Sporting Guns Market Application Segment Analysis

According to Cognitive Market Research, the Competitive Shooting segment holds the largest share of the market. This results from the increased involvement in shooting sports across several tiers, including national and international events. The rising popularity of shooting sports, along with the formation of shooting ranges and clubs, has facilitated the preeminence of competitive shooting in the market.

In the Sporting Guns Market, the Recreational Shooting sector has been expanding at a rapid pace. The growing enthusiasm for outdoor pursuits and adventure sports has resulted in a rise in recreational shooting. A growing number of persons are adopting shooting as a pastime, contributing to the expansion of this category. The COVID-19 epidemic has prompted an increase in outdoor recreational activities, hence enhancing the market for sporting firearms.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Sporting Guns End User Outlook: Segment Analysis

Sporting Guns Market End User Segment Analysis

According to Cognitive Market Research, The Recreational Shooters segment holds the largest market share. Recreational shooting is a prevalent pursuit among a diverse array of people, spanning from novices to seasoned marksmen. The presence of shooting ranges, clubs, and events has facilitated increased participation rates in recreational shooting.

In the Sporting Guns market, the rapidly growing sector is the Sports Organizations category. The escalating endorsement and advocacy of shooting sports by diverse entities, such as educational institutions, universities, and national sports federations, are propelling the expansion of this sector. These organisations are allocating resources to training programs, tournaments, and events to promote more participation in shooting sports.

• Recreational shooters
• Professional shooters
• Hunting enthusiasts
• Sports organizations

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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