DUBLIN--(BUSINESS WIRE)--The "Global Sports Gun Market - Segmented by Product Type (Rifle, Pistol, Shotgun), Distribution Channel (Offline, Online), and Geography (North America, South America, Asia Pacific, Europe, Others) - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The global sports gun market is expected to register a CAGR of 4.4% during the forecast period 2018 to 2023.
Shooting games are gaining popularity in Olympics and Commonwealth games which is encouraging sports participation across the globe.
The upcoming 2020 Summer Olympics is expected to drive the demand for sports guns. Additionally, the rising popularity of shooting sports among paralyzed persons and growing encouragement to participate in Paralympics gaming events is further creating a demand for sports gun from last few years.
However, the growing concern of misuse of any type of guns including sports gun from civilians especially in many states of the US and Canada is likely to restrain the sports gun market growth to certain extent.
Major Highlights
- Increasing Participation in Shooting Sports to Drive the Sports Gun Market Growth
- Rifle Guns to Witness Fastest Growth during the Forecast Period
- Asia-Pacific Region to Witness Fastest Growth Rate during the Forecast Period
Key Developments in the Market
- Sturm, Ruger & Company launched 3 new models Mark IV 22/45 Lite model, as well as Mark IV Hunter and Target models in the Ruger Mark IV family of rimfire pistols.
- American Outdoor Brands Corporation introduced new SW22 Victory Target Pistol, is a fully featured .22 LR pistol with a convertible design suitable for multiple sporting applications.
Key Topics Covered
1. Introduction
2. Market Insights
3. Market Dynamics
4. Market Segmentation
5. Regional Analysis
6. Competitive Landscape
7. Company Profiles
- Sturm, Ruger & Co. `
- Howa Machinery Company Ltd.
- American Outdoor Brands Corp.
- German Sport Guns GmbH
- Creedmoor Sports Inc.
- Dick's Sporting Goods Inc.
- J G. Anschutz & Co.
- Beretta Holding S.p.A.
- Browning Arms Company
- Miroku Corporation
- Olympic Arms
- Legacy Sports International
For more information about this report visit https://www.researchandmarkets.com/research/b7l7x6/global_sports_gun?w=4
