Global Airsoft Guns Market Size Was roughly $1,803 mn in 2021 and Is Expected To Reach $3,523 million in Consumer Goods Sector by 2030 With a CAGR of 7.9%

Tulsa, OK, Jan. 10, 2023 (GLOBE NEWSWIRE) -- According to Zion Market Research has published a new research report titled “Airsoft Guns Market By Product (Handgun, Rifle, Shotgun, And Muzzle Loading), By Distribution Channel (Offline And Online), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030” in its research database.

“According to the latest research study, the demand of global Airsoft Guns Market size & share in terms of revenue was valued at USD 1,803 million in 2021 and it is expected to surpass around USD 3,523 million mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.9% during the forecast period 2022 to 2030.”

What is Airsoft Guns? How big is the Airsoft Guns Industry?

Airsoft Guns Market Coverage & Overview:

Airsoft guns are simulations of the original firearm produced for the discharge of non-metallic projectiles. These projectiles make use of one of the products including spring force, electric motor, or gas tank. A large number of generation X population prefer purchase of airsoft guns as shooting is a popular sport for generation X and as a leisure activity. Airsoft guns are utilized by generation X for hunting, target shooting, and adventure sports. Industry players are creating airsoft fields in order to improve end-user participation in adventure sports events.

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Global Airsoft Guns Market: Growth Factors/Dynamics

The growth of the global airsoft guns market over the forecast timeline can be subject to the surging popularity of adventure sports and the rise in leisure activities such as shooting. In addition to this, a mammoth surge in airsoft sports activities has paved a way for the humungous growth of the global airsoft guns industry. Rise in the number of new product launches will contribute majorly towards the massive expansion of the airsoft guns industry globally. Massive demand for airsoft guns from the millennial population in Asia-Pacific and the Middle East & Africa will elevate the expansion of the global airsoft guns industry. An increase in spending on airsoft guns will provide impetus to the airsoft guns market in the years to come.

However, awareness regarding the damage caused as a result of misuse of these products can restrain the growth of the global market. Nonetheless, an increase in the number of rifle manufacturing firms across the globe due to massive product demand in leisure and sports activities is likely to provide new opportunities for growth for the global airsoft guns market.

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Report Scope

Airsoft Guns Market: Segmentation Analysis

On the basis of product, the global airsoft guns industry is sectored into handgun, rifle, shotgun, and muzzle-loading segments. Furthermore, the handgun segment is expected to dominate the segmental surge over the forecast period. The expansion of this segment from 2022 to 2030 can be attributed to the large-scale purchase of handguns as a result of their lightweight features along with the ability of users to fire from a single hand.

Based on the distribution channel, the global airsoft guns market is segmented into offline and online segments. Furthermore, the online segment is predicted to register the fastest CAGR of 8.3% in the next eight years. The growth of the segment over the forecast timeline can be owing to the rise in online purchases of airsoft guns.

The global Airsoft Guns market is segmented as follows:

By Product

• Handgun
• Rifle
• Shotgun
• Muzzle Loading

By Distribution Channel

• Offline
• Online

Browse the full “Airsoft Guns Market By Product (Handgun, Rifle, Shotgun, And Muzzle Loading), By Distribution Channel (Offline And Online), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2030” Report at https://www.zionmarketresearch.com/report/airsoft-guns-market

Competitive Landscape

Some of the main competitors dominating the global Airsoft Guns market include - 

• VALKEN SPORTS
• Tokyo Marui
• G&G ARMAMENT TAIWAN LTD
• Kriss USA
• Crosman Corporation
• Colt's Manufacturing Company
• ICS Airsoft Inc.
• A&K Airsoft
• Lancer Tactical
• Ballistic Breakthru Gunnery Corporation.

 Key Insights from Primary Research:

• As per the analysis shared by our research analyst, the global airsoft guns market is projected to expand annually at the annual growth rate of around 7.9% over the forecast timespan (2022-2030)
• In terms of revenue, the global airsoft guns market was evaluated at nearly $1,803 million in 2021 and is anticipated to hit $3,523 million by 2030
• The global market is anticipated to surge at a remarkable rate over the forecast period due to rise in the number of airsoft sports events held in Europe and America
• Based on product, the rifle segment is set to record the fastest CAGR of 8.5% over 2022-2030
• On basis of distribution channel, the online segment is set to dominate the segmental expansion over 2022-2030
• On the basis of region, the North American region is predicted to be a key revenue generator for the global market over the projected timespan

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Key questions answered in this report:

• What is the market size and growth rate forecast for Airsoft Guns industry?
• What are the main driving factors propelling the Airsoft Guns Market forward?
• What are the leading companies in the Airsoft Guns Industry?
• What segments does the Airsoft Guns Market cover?
• How can I receive a free copy of the Airsoft Guns Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2022−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Product, By Distribution Channel And By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

The Middle East and African airsoft guns industry is projected to record the highest CAGR of nearly 8.7% over the forecast timeline subject to changing consumer purchasing behavior towards adventure sports. Apart from this, surging disposable income and the popularity of shooting sports activities especially among the youth in countries such as Saudi Arabia and UAE are likely to boost the global market trends in the region. Moreover, North America, which accounted for nearly 41% of the global market share, is anticipated to lead the regional market growth over the forecast timespan. The expansion of the airsoft guns industry in North America can be attributed to the growing popularity of adventure sports in the countries such as the U.S.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

• In January 2022, Umarex USA declared the latest air archery rifle Air Javelin Pro Arrow Gun. The move will contribute notably towards the product innovations and growth of the airsoft guns market in the U.S. as well as across the globe.
• In June 2022, Thales declared the launching of AI-driven tactical training and shooting simulation at Eurosatory 2022, an innovative solution bringing new value to instructors & trainees. Integration of shooting activities with AI will help in expanding the scope of growth of the global airsoft guns market in the ensuing years.

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FREQUENTLY ASKED QUESTIONS

• Which key factors will influence global Airsoft Guns market growth over 2022-2030?
• What will be the value of the global Airsoft Guns market during 2022-2030?
• Which region will contribute notably towards the global Airsoft Guns market value?
• Which are the major players leveraging the global Airsoft Guns market growth?

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