Market Research Future (MRFR) has published on the “Global Airsoft Guns Market”.
The Market is estimated to register a CAGR of 8.20% during the forecast period of 2024 to 2032.
MRFR recognizes the following companies as the key players in the global Airsoft Guns Market— Umarex USA, Ballistic Breakthru Gunnery Corporation, Lancer Tactical, VALKEN SPORTS, APS Airgun Ltd, Angry Gun, Kriss USA, ICS Airsoft Inc, A and K Airsoft, Cyma International Limited, Cybergun, Crosman Corporation, Tokyo Marui, Colts Manufacturing Company, G and G ARMAMENT TAIWAN LTD
Airsoft Guns Market Highlights
The global Airsoft Guns Market is accounted to register a CAGR of 8.20% during the forecast period and is estimated to reach USD 3.9 billion by 2032.
The growing interest of millennials in risky sports as a means of reducing stress from demanding work is predicted to continue to be a key factor in market growth. In addition, the growing popularity of leisure activities such as target shooting or shooting sports, as a result of their increased inclusion in a variety of settings, including family entertainment centers, is expected to drive market expansion in the coming years. However, people are becoming more aware of the harm caused by the abuse of these devices, which is limiting market growth.
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Segmental Analysis
The global Airsoft Guns Market has been segmented based on Product, Mechanism, Price Range, and Distribution channel.
Based on the Product segment, the market is divided into Handgun, Rifle, Shotgun, and Muzzle Loading. The handgun segment accounted for the largest share of the global airsoft gun market. Because of the numerous benefits, the conversion of airsoft pistols into legitimate firearms is growing rapidly around the world. As a result, low-cost converted handguns play an important role in meeting the increased demand for handguns. Airsoft handguns are in higher demand than other forms of airsoft weapons since they can be converted for less money than actual pistols.
Based on the Mechanism segmented, the market is divided into Spring Powered, Electric Powered, And Gas Powered. The gas-powered segment held a dominant market share in 2023 and is expected to continue to do so throughout the forecast period for airsoft guns. Airsoft weapons with gas power offer a realistic experience, functioning quite similarly to real guns.
Based on the Price Range the worldwide Airsoft Guns Market into Price Range: Low (Below USD 100), Medium (USD 100 to 500), And High (Above USD 500). The majority of the market is held by the low (below USD100) sector. Customers may readily obtain high-tech, high-quality air soft guns in this price range with a range of power sources, such as gas, spring, and battery. Players can choose the product kind and size that best fits their needs and preferences from a range of options.
Based on Distribution channels, the global Airsoft Guns Market is divided into two segments hypermarkets and Supermarkets, Specialty stores, Convenience stores, And Online sales channels. The hypermarket and supermarket segments dominate the market because they offer a wide variety of consumer items under one roof, as well as plenty of parking and convenient operating hours. Customers prefer products that are on sale. Additionally, things are put close together to make it easier for customers to compare similar products and make purchasing decisions.
Regional Analysis
The global Airsoft Guns Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Airsoft Guns Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Airsoft Guns Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Airsoft Guns Market comprises the Middle East, Africa, and Latin America.
North America dominates the global airsoft gun market, led by the United States and Canada. The region's strong presence is due to the broad popularity of airsoft as a recreational sport, as well as the proliferation of competitive airsoft leagues and events. The United States, in particular, has a sizable and active airsoft community with multiple airsoft fields, clubs, and stores. The North American market is distinguished by a varied variety of airsoft gun enthusiasts, from casual players to devoted competitors, resulting in sustained demand for high-quality airsoft items.
Moreover, Europe is another important region in the global airsoft gun industry, with nations such as the United Kingdom, Germany, and France playing major roles. The European market consists of both recreational gamers and a burgeoning competitive airsoft scene. Strict gun prohibitions in many European nations have helped to increase the appeal of airsoft as a safe option for firearm enthusiasts. The region also sees a demand for a wide range of airsoft gun types, including historical replicas and modern tactical versions.
Additionally, the airsoft gun market in Asia-Pacific is expanding rapidly, fueled mostly by countries such as Japan, South Korea, and Taiwan. Because of its severe gun prohibitions, Japan has a robust airsoft culture and a large market presence. In Japan, airsoft is both a recreational sport and a collector hobby, with enthusiasts looking for highly accurate and detailed airsoft reproductions. The Asia-Pacific market has a big player base and a growing interest in competitive airsoft tournaments.
The rest of the world Airsoft Guns Market is segmented into three regions: the Middle East, Africa, and Latin America. Airsoft is gaining popularity, especially among military and law enforcement professionals looking for alternate training methods. The market in these regions has the potential for progressive increase as awareness and infrastructure expand.
Key Findings of the Study
- The global Airsoft Guns Market is expected to reach USD 3.9 billion by 2032, at a CAGR of 8.20% during the forecast period.
- The airsoft gun market in Asia-Pacific is expanding rapidly, fueled mostly by countries such as Japan, South Korea, and Taiwan. Because of its severe gun prohibitions, Japan has a robust airsoft culture and a large market presence.
- Based on Distribution channels, hypermarket and supermarket segments dominate the market.
- Umarex USA, Ballistic Breakthru Gunnery Corporation, Lancer Tactical, VALKEN SPORTS, APS Airgun Ltd, Angry Gun, Kriss USA, ICS Airsoft Inc, A and K Airsoft, Cyma International Limited, Cybergun, Crosman Corporation, Tokyo Marui, Colts Manufacturing Company, G and G ARMAMENT TAIWAN LTD are the key market players.
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Companies Covered | 15 |
Pages | 128 |
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