Airsoft Guns Market Research, 2031
The global airsoft guns market size was valued at $1.89 billion in 2021, and is projected to reach $4.13 billion by 2031, growing at a CAGR of 8.3% from 2022 to 2031. In airsoft sports, replica toy weapons are called airsoft guns. They are a particular kind of low-power smoothbore air cannon with a unique barrel for shooting "BBs," which are round projectiles that aren't made of metal and are frequently made of plastic or biodegradable resin.
Airsoft guns are generally safe for competitive sporting and recreational activities if the proper protective gear is worn because the airsoft guns powerplants are designed to have low muzzle energy ratings (typically less than 1.5 J, or 1.1 ftlb), and the pellets have significantly less penetrative and stopping powers than conventional airguns. These Airsoft Guns are generally used in sports, police and military trainings. Airsoft guns owners and enthusiasts in several countries are required to belong to an official group or federation.
Increasing women participants in various sports such as Tennis, boxing, cricket, shooting and others, is likely to augment the airsoft guns market value during the forecast period. Gender equality and increased social status of women, especially in emerging economies such as China, India, and others, are likely to propel the growth of the sports gun market.
For instance, according to International Olympic Committee, in 1992, women's events were 86 and are increased to 145 in 2016 and women participants reached 47,00 in 2016 from 2,704 in 1992.Increasing participation of school in shooting is encouraging the students for shooting, which is expected to propel the growth of the market.
For instance, in the U.S. most of the schools are sanctioning shooting squads as an extracurricular activity. In 2015, 9,245 students for 317 schools across three states were participated in the USA High School Clay Target League. Since then participation has increased by 137%. In 2018, the number of students participated was 21,917, from 804 schools across 20 states (including New York and California and Texas).
One major aspect driving the rise in airsoft guns market share usage is the growing popularity and involvement of adventure sports. They are a great tool for practice because they are simple to use. These are some of the key elements that are anticipated to boost this product's demand in the airsoft guns market forecast.
A small number of groups have been holding airsoft gun tournaments in nations including the US, UK, Italy, France, and Germany. These gatherings draw a sizable number of people, which in turn raises the demand for goods like these. However, people are increasingly becoming more conscious of the damage caused by the abuse of these gadgets, and it is things like this that might limit the airsoft guns market growth.
The airsoft guns market is segmented into Product, Mechanism, Price Range, Dirstribution channel and Region.On the basis of type, the market is classified into Handgun, Rifle, Shotgun, Muzzle Loading. By Mechanism, Spring-Powered, Electric-Powered, Gas-Powered. Depending on price range, it is bifurcated into (Low (Below $100), Medium ($100-$500), High (Above $500). As per distribution channel, it is segregated into supermarkets & hypermarkets, specialty stores, online sales channel. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
In the worldwide airsoft guns market, the handgun category is becoming more and more popular. As a result of the numerous advantages, the conversion of airsoft pistols into genuine firearms is rising quickly around the world. As a result, low-cost converted handguns are an essential component in rising demand for handguns. Since they may be converted at a lower cost than real pistols, airsoft handguns are in higher demand than other types of airsoft weapons.
Spring-Powered segment exhibits the fastest growing in the airsoft guns market, because of its reliability and cost factor as Spring pistols are more dependable in colder weather than gas-powered handguns or even the batteries on automated electric pistols (AEPs), both of which are susceptible to extreme cold and Spring guns are generally inexpensive (with the exception of high-powered sniper rifles and shotguns).
Low (Below USD 100) segment holds the major market share. In this price range customers can easily find a high-tech and high-quality air soft guns in a variety of power sources, including battery, gas, and spring. A variety of sizes and product types are available, allowing players to select the one that best suits their needs and preferences.
Hypermarket and Supermarket segment holds the major market share. Hypermarket and Supermarket segment is gaining popularity due to the availability of broad range of consumer goods under a single roof, in addition to ample parking space and convenient operation timings. Consumers prefer to buy products that are on sale.
Moreover, products are arranged nearby, which aids buyers for easy comparison among similar products, thereby helping consumers to decide which product to buy.
Region wise, North America dominated the airsoft guns market with largest share during the forecast period. Airsoft Gun’s and their different varieties are the mostly bought in North America. The preference for Airsoft guns with different types and mechanism changes with different geographical locations. Thus, the growing preference for growing popularity and involvement of people in these adventure sports are driving the growth of the airsoft guns market in North America.
The major players analyzed for the airsoft guns industry are Valken Sports, Colt's Manufacturing Company, Crosman Corporation, Lancer Tactical, Tokyo Marui, Kriss USA, G&G Armament Taiwan Ltd, Ballistic Breakthru Gunnery Corporation, A&K Airsoft, ICS Airsoft, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the airsoft guns market analysis from 2021 to 2031 to identify the prevailing airsoft guns market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the airsoft guns market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global airsoft guns market trends, key players, market segments, application areas, and market growth strategies.
Airsoft Guns Market Report Highlights
| Aspects | Details |
 By Product |
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 By Mechanism |
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 By Price Range |
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 By Dirstribution channel |
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 By Region |
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 Key Market Players | APS Airgun Ltd, VALKEN SPORTS, Lancer Tactical, Angry Gun, Colts Manufacturing Company, Ballistic Breakthru Gunnery Corporation, G and G ARMAMENT TAIWAN LTD, Crosman Corporation, Kriss USA, Cybergun, A and K Airsoft, Cyma International Limited, Tokyo Marui, Umarex USA, ICS Airsoft Inc |
Analyst Review
Increase in participation of people in shooting sports and growth in popularity of the Olympic and commonwealth games has been identified as a prominent driver for the growth of the airsoft gun market. Furthermore, Paralympics has gained considerable popularity among disabled people, which is expected to generate high demand for airsoft gun. Aspiring shooters are getting attracted to the shooting sports and choosing sports as a career option, which is projected to have new consumer base for the airsoft guns.
Recreational shooting has been gaining considerable traction among millennial population owing to various benefits such as improved healthy life style, eye sights, increased confidence, improved mental health and others. Furthermore, parents are taking their kids to participate in recreational sports as it builds leaders and sportsman sprit in children, which is expected to support the growth of the airsoft gun market.
Growth in availability of the shooting sports facilities and requisites, especially in developing countries such as China, India and others, is estimated to fuel the growth of the market during the forecast period 2022-2031. Shooting sports facilities include shooting range or clubs, sport guns, trainers and others. Increase in women participants in Olympic and Commonwealth Games is further adding to the growth of the market.
Mass shooting and stringent regulations on selling and buying of gun is expected to restrain the growth of the global airsoft gun market. Furthermore, hunting is banned in most of the countries, which is anticipated to limit the trading of airsoft gun.
People are increasingly participating in shooting sports, owing to their various benefits such as enhanced physical discipline, focus and sharpened eyesight. Furthermore, growth in participation of school and college kid/ students in national level shooting sports are some of the major upcoming trends drving market.
Shooting sports include Target Shooting, High Power Rifle, Popinjay, Sporting Clays, Skeet Shooting, Cowboy Action Shooting, and Skirmish among others are some of the leading application of airsoft guns market.
North America dominated the market with largest share during the forecast period. , Rise in preference for growing popularity of shooting sports and involvement of people in these adventure sports are driving the growth of the airsoft guns market in North America.
The airsoft guns market size was valued at $1,894.2 million in 2021, and is estimated to reach $4,125.2 million by 2031, registering a CAGR of 8.3% from 2022 to 2031.
The major players analyzed for the airsoft guns industry are Valken Sports, Colt's Manufacturing Company, Crosman Corporation, Lancer Tactical, Tokyo Marui, Kriss USA, G&G Armament Taiwan Ltd, Ballistic Breakthru Gunnery Corporation, A&K Airsoft, ICS Airsoft, Inc. Umarex USA., Cybergun, Angry Gun, APS Airgun Ltd, and Cyma International Limited.
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