Sales of Airsoft Guns are set to Increase at a CAGR of 7.7% Through 2033: Fact.MR Study


Airsoft Guns Market By Product (Handguns, Rifles, Shotguns, Muzzle Loading), By Mechanism (Spring-powered, Electric-powered, Gas-powered), By Price Range (Low (Below US$ 100), Medium (US$ 100 to 500), High (Above US$ 500)), By End User

The global airsoft guns market is forecasted to expand at a CAGR of 7.7% from 2023 to 2033. The market is valued at US$ 2 billion in 2023 and is thus expected to reach a valuation of US$ 4.2 billion by 2033-end.

Electric-powered airsoft guns are very popular since they are simple to operate, reliable, and accurate. As they require less maintenance than other types of airsoft guns, electric-powered airsoft guns are gaining popularity.

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What are the Key Growth Influencers of Airsoft Guns Market?

  • The unprecedented growth in the adoption of airsoft guns in the role of firearm trainers over the hard metallic air gun projectiles that cause fatal injuries in some instances have been pacing up gains in the market. As airsoft guns lack the potential to inflict death on human beings, they are witnessing wide traction for amateur-training applications.
  • Rising number of enthusiastic and adventurous high net worth individuals are increasingly spending on airsoft guns, in line with the growing trend of outdoor team sports. Growing fondness for real shooting simulation sports continue to appeal to a wider pool of Generation X and boomers, who are actively participating in airsoft sports.

Market Titans

  • ICS Airsoft, Inc.
  • APS Conception
  • Crosman Corporation
  • Valken, Inc.
  • Umarex
  • Classic Army
  • KRISS USA Inc.
  • G&G Armament
  • Systema Engineering
  • A&K Airsoft Ltd.

Leading companies are implementing a variety of tactics, including new developments in their product portfolios, supply chain management, collaborations, and pricing trends, to strengthen their position in the market. They are extending efforts in accurately replicating authentic gun models, which will be available on the market at competitive prices, to capture a broader customer base seeking a realistic live-fire experience.

Top airsoft gun manufacturers are focusing on quality control, product standards, and the simulation of the exact size, weight, and feel of popular gun models while following safety regulations. The development of effective relationships with third-party online stores and specialty stores that are primarily involved in sales and aftersales of airsoft guns will establish a compelling trend among competitors operating in the airsoft guns market.

For instance,

  • In 2022, the newest air archery firearm, the Air Javelin Pro Arrow Gun, was introduced by Umarex USA. The decision will make a significant contribution to product development and the expansion of the airsoft gun business.

Key Segments of Airsoft Guns Industry Research

  • By Product :
    • Handguns
    • Rifles
    • Shotguns
    • Muzzle Loading
  • By Mechanism :
    • Spring-powered
    • Electric-powered
    • Gas-powered
  • By Price Range :
    • Low (Below US$ 100)
    • Medium (US$ 100 to 500)
    • High (Above US$ 500)
  • By End User :
    • Individual
    • Institutional
    • Promotional
  • By Sales Channel :
    • Modern Trade Channels
    • Specialty Stores
    • Third-party Online
    • Direct-to-customer
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

How can Fact.MR Make Difference?

  • In-depth understanding of key industry trends shaping the present growth dynamics
  • Offers value chain analysis and price trend analysis of various offering of competitors
  • Offers data-drive decision to help companies decide strategies that need recalibration
  • Offers insights into areas in research and development that should attract
  • Identifies data outliers before your competitors

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Published in

Business

Published on

Jun 16, 2023

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