Global Airsoft Guns Market; By Product (Handgun, Rifle, Shotgun and Muzzle Loading); By Distribution Channel (Online and Offline); and By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast: 2023-2032
- Published date: May 2023
- Report ID: 48957
- Number of Pages: 239
- Format:
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Report Overview
The Airsoft Guns Market size is expected to be worth around USD 2,937.36 million by 2032 from USD 1,594.50 million in 2022, growing at a CAGR of 6.30% during the market forecast period from 2022 to 2032.
This industry’s growth factors can be attributed to the increasing popularity of target shooting and shooting sports as well as the inclusion of these activities in several venues like family entertainment centers. Over the past few years, there have been increasing numbers of shooting clubs and organizations in developed countries like the U.K., Germany, and Germany that have played a crucial role in encouraging airsoft gun use and practice. These organizations host several airsoft gun events to encourage people to join teams. A growing interest in real shooting simulation sports is drawing a large number of baby boomers as well as Gen Xers to this sport.
Global Airsoft Guns Market Scope:
Product Analysis:
Handguns accounted for 42.3% market share in 2021. Handgun is very popular with children. The fastest-growing segment is expected to be rifles, with a CAGR of 8.3% between 2023-2032. This is a powerful and convenient product that attracts the popularity of adventure sports enthusiasts. This airsoft sports gun offers a better wide range and accuracy for target shooting and in-depth analysis. A majority of game experts recommend these rifles to major players as they improve total shooting precision.
Distribution Channel Analysis:
In 2021, offline channels generated US$1,396 million in revenues. This is due to increased interest in leisure activities in North America. ‘Online’ is expected to be the fastest-growing distribution channel with a 10.2% CAGR from 2023 to 2032. The key factors of this segment’s rapid growth prospects are largely due to promotional offers that are made available to buyers. Key manufacturers offer discounts, member welfare, cashback, and other remunerations through their online gateways. It appears that a major factor in the market size for airsoft guns market share is their accessibility among young people who are more interested in following current trends. Millennials from developing countries like Brazil, India, Brazil, and Mexico are embracing airsoft shooting sports. This is despite the high implementation rate of smartphones. In the coming years, there will be more social media drives promoting these events.
Key Market Segments
By Product
- Handguns
- Rifles
- Shotguns
- Muzzle Loading
By Mechanism
- Spring
- Electric
- Gas-powered
By Distribution Channel
- Online portals
- Offline Stores
Market Dynamics
Over the past few years, there have been numerous shooting clubs in developed nations, such as the U.K., Germany, and the U.S., that have promoted the use of airsoft guns’ major market share. There is a growing factor, interest in shooting simulations, which has attracted numerous baby boomers, as well as those in Gen X. Companies, who have a unique opportunity to upsurge their respective revenues.
Numerous colleges and schools in North America and Europe have adopted this sports activity and allowed their teams to participate in inter-school recreational activities. Consumer demand safety is being raised by the increasing number of airsoft gun eye injuries. Airsoft pellets can cause serious injuries to the eyes, including blood pooling, dislocation of the lens, as well as scratches to the cornea or the eye in general. Safety concerns are expected to satiate by the growing importance of advanced safety glasses on a global level.
Regional Market Analysis
North America was the most user-populous country in 2021, with 38.9% market insights. Most people in this country enjoy spending their leisure time on adventurous sports events such as hunting and target shooting. While practicing, an airsoft gun is a better option than an air gun. Airsoft guns are preferred by many people to avoid any fatalities during practice shootings.
To increase their purchaser reach, key manufacturers organize various sporting events. Few companies offer field and airsoft guns to rent so that everyone can have fun with this activity. AirsoftC3 LLC is an American company overview that rents out outdoor and indoor airsoft guns, protective gear, and BB guns. Between 2023 and 2032, the Middle East, Africa, and the UAE are the fastest-growing regions for this market demand. A growing number of airsoft events in South Africa, Saudi Arabia, and the UAE are contributing to this.
Key Regions and Countries Covered іn this Rероrt:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of the Middle East & Africa
This market is highly competitive due to the presence of private-level companies. Industry participants are expected to launch attractive products through cross-border e-Commerce platforms to meet the growing demand from millennials in the Middle East and the Asia Pacific. The high product type and application concentration of recreational users in North America, Europe, and Asia is anticipated to play a key role in keeping strategic business units within these regions over the next few years.
Key Market Players
- Valken Inc.
- Colt’s Manufacturing Company LLC
- Ballistic Breakthru Gunnery Corporation
- ARMAMENT TAIWAN LTD
- ICS Airsoft, Inc.
- Crosman Corporation
- Kriss USA
- Lancer Tactical
- LEGO Group
- G&G ARMAMENT TAIWAN LTD.
- AirsoftTokyo Marui Margarete
- A&K Airsoft
- Ace Group
- Umarex GmbH
- Umarex USA
- Tokyo Marui Co. Ltd.
- Budk
- Jing Gong
- Taser
- Nova Security Group
- Oberon-Alpha
- Systema
- Tanaka
- Inokatsu
- UHC
Other Key Players
For the Airsoft Guns Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Market Size in 2022
USD 1,594.50 million
Growth Rate
6.30%
Forecast Value in 2032
USD 2,937.36 million
Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
- Valken Inc.
- Colt's Manufacturing Company LLC
- Ballistic Breakthru Gunnery Corporation
- ARMAMENT TAIWAN LTD
- ICS Airsoft, Inc.
- Crosman Corporation
- Kriss USA
- Lancer Tactical
- LEGO Group
- G&G ARMAMENT TAIWAN LTD.
- AirsoftTokyo Marui Margarete
- A&K Airsoft
- Ace Group
- Umarex GmbH
- Umarex USA
- Tokyo Marui Co. Ltd.
- Budk
- Jing Gong
- Taser
- Nova Security Group
- Oberon-Alpha
- Systema
- Tanaka
- Inokatsu
- UHC
- settingsSettings
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