Airsoft Guns Market - Global Industry Analysis

Industry Perspective:

The global airsoft guns market was evaluated at $1,803 million in 2021 and is slated to hit $3,523 million by the end of 2030 with a CAGR of nearly 7.9% between 2022 and 2030. The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketplace. The report covers the geographical market along with a comprehensive competitive landscape analysis. Additionally, the report explores the investor and stakeholder space to help companies make data-driven decisions.

Airsoft Guns Market: Overview

Airsoft guns are replications of the original firearm produced for discharging non-metallic bullets. These guns release projectiles using either an electric motor or a spring force or a gas tank. Airsoft gun finds a spectrum of applications in police, sports, and defense sectors. Due to the growing utilization of airsoft guns, a large number of countries have implemented strict protocols and standards as well as regulations for using airsoft guns.

Key Insights

• 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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Airsoft Guns Market: Growth Drivers

Growing trend of real-life shooting sport simulation activities among millennials to boost global market growth

Rise in the number of airsoft sports events held in Europe and America has provided an impetus to the growth of the global airsoft guns market. The preference for simulation of real-life shooting sports activities among the millennial population will prop up the expansion of the global industry. Apart from this, the surging popularity of airsoft gun sports activities has led a large number of sports organizations to organize airsoft gun shows across the globe. Citing an instance, the International Practical Shooting Federation launches international airsoft shooting events each year. Moreover, participants from over 107 nations participate in these events held each year. All these aforementioned aspects have boosted the expansion of the airsoft guns market globally.

Airsoft Guns Market: Restraints

Surging awareness among population about misuse of airsoft guns to hinder business space

People have become aware of the damage caused due to misuse of airsoft guns, thereby restraining the expansion of the global airsoft guns industry. Apart from this, the connection between eye injuries and the use of airsoft pellets can impede industry growth.

Airsoft Guns Market: Opportunities

Increasing popularity of adventure sports among youth to open new growth opportunities for the global market

Surge in the number of rifle firms in developed countries such as Germany, the UK, Italy, France, and the U.S. is anticipated to open new growth opportunities for the global airsoft guns industry. The huge popularity of adventure sports among youth is likely to generate huge demand for airsoft guns, thereby producing new avenues of expansion for the global industry.

Airsoft Guns Market: Challenges

Trademark disputes disrupting raw material supply prove to be a major challenge for the growth of the market globally

Additionally, copyright disputes have notably impeded raw material supply and this will pose a challenge to the market expansion.

Airsoft Guns Market: Segmentation

The global market in this research document is divided into product, distribution channel, and region.

Rifle segment to register highest gains of 8.5% over 2022-2030

Based on the product, the global airsoft guns industry is divided into Shotgun, Handgun, Rifle, and Muzzle Loading. Furthermore, the rifle segment is set to register the fastest CAGR of nearly 8.5% over the assessment period. The segmental surge can be attributed to a large number of experts advising shooters to use rifles as they provide accuracy in shooting activities.

Online segment to dominate the global market over forecast timespan

In terms of distribution channel, the global airsoft guns market is classified into online and offline segments. Moreover, the online segment is predicted to dominate the segmental growth over the forecast period. The growth of the segment over the coming eight years can be attributed to the rise in sports events and the promotion of these events on social media platforms.

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.

Airsoft Guns Market Report Scope:

Regional Landscape

North America, which dominated the global airsoft guns market share in 2021, is likely to contribute majorly towards the global market share even during the forecasting years. The growth of the market in the sub-continent can be credited to the growing trend among the U.S. population for spending their time in adventurous sports events and leisure activities such as target shooting. Moreover, key manufacturers in the region are arranging various sports activities to increase their consumer reach. Due to thorough knowledge of market demand, few firms are providing airsoft guns for rent due to which an individual can enjoy adventure activities. For instance, AirsoftC3, LLC, a U.S.-based firm, provides airsoft guns and protective gear for rent to customers.

Competitive Landscape

The key players in the global airsoft guns market are:

• 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.

Global Airsoft Guns Market segmentation follows

By Product

• Handgun
• Rifle
• Shotgun
• Muzzle Loading

By Distribution Channel

• Offline
• Online

By Region

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