Global Airsoft Guns Market, By Type (Spring-powered, Battery-Powered, Gas-Powered, Other), Application (Retail, Personal, Other), Price Range (Low (Below US$ 100), Medium (US$ 100-500), and High (Above US$ 500)), Product Type (Handgun, Rifle, Shotgun, Muzzle Loading), Distribution Channel (Online, Offline) – Industry Trends and Forecast to 2029
Airsoft Guns Market Analysis and Size
A large number of baby boomers and generation X prefer to buy this product because it is a popular sport to do in their spare time. This product is used by these age groups for target shooting, hunting, and adventure sports. Companies are developing airsoft fields in order to increase consumer participation in adventure sports activities.
Data Bridge Market Research analyses that the airsoft guns market was valued at USD 1.01 billion in 2021 and is expected to reach the value of USD 2.08 billion by 2029, at a CAGR of 7.3% during the forecast period. Growth in the market is being driven by an increase in the disposable income of the population in developing countries.
Market Definition
Airsoft guns are toy guns that are primarily used in airsoft sports. These air guns are specifically designed to fire spherical projectiles made of non-metallic materials such as plastic or other non-biodegradable items. When practising target shooting and other adventure sports, airsoft guns are used.
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2019 - 2014)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
By Type (Spring-powered, Battery-Powered, Gas-Powered, Other), Application (Retail, Personal, Other), Price Range (Low (Below US$ 100), Medium (US$ 100-500), and High (Above US$ 500)), Product Type (Handgun, Rifle, Shotgun, Muzzle Loading), Distribution Channel (Online, Offline)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
|
Market Players Covered
|
Mattel (US), Hasbro (US), LEGO Group (Denmark), Sphero (US), Sony (Japan), PLAYMOBIL (Germany), BANDAI NAMCO (Japan), K'NEX (US), Konami (Japan), Wonder Workshop (US), PlayFusion (UK), Anki (US), WowWee (Hong Kong), DXTR Labs, (Denmark) and Leka (France).
|
|
Opportunities
|
|
Airsoft guns Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Rising popularity of airsoft guns
The rising popularity of airsoft guns, as well as the growing number of rifle organisations in developed countries, are the major factors driving market growth from 2022 to 2029
- Growing popularity of adventure sports
The growing popularity of adventure sports such as target shooting and similar shooting games among all ages, as well as advantageous characteristics such as ease of use and ideal tool for practise purposes, are expected to drive market growth
Opportunity
Furthermore, rising consumer demand for airsoft sports activities has resulted in a slew of organisations hosting airsoft leagues all over the world, which are also acting as growth drivers in the market by aiding in the acceleration of demand.
Restraints
The growing public awareness of the serious injuries caused by the misuse of these devices may stymie market growth during the forecast period. The growing link between eye injuries and the use of airsoft pellets continues to stymie market growth. Trademark disputes have significantly hampered raw material supply, posing a challenge to the market.
This airsoft guns market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the airsoft guns market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Airsoft Guns Market
The COVID-19 pandemic has had an impact on the growth rates of various markets. The market also faced numerous related issues as a result of the imposed lockdown's rules and regulations. Because a third of the overall market size for airsoft guns is a grey market governed by a stringent regulatory framework, it is likely to remain a major limiting factor responsible for limiting the growth prospects of stakeholders in the airsoft guns market. Trademark disputes continue to stymie market growth, as several companies have run into problems while producing accurate replicas of real guns. As finely crafted airsoft guns face increased scrutiny for infringement of intellectual property laws, particularly those pertaining to trademarks, manufacturers continue to struggle for rapid growth.
Global Airsoft Guns Market Scope
Airsoft guns market is segmented on the basis of type, application, price range, product type and distribution channel.. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Spring-powered
- Battery-powered
- Gas-powered
- Others
Application
- Retail
- Personal
- Other
Price range
- Low
- Medium
- High
Product type
- Handgun
- Rifle
- Shotgun
- Muzzle loading
- Others
Distribution channel
- Online
- Offline
Airsoft Guns Market Regional Analysis/Insights
The Airsoft guns market is analysed and market size insights and trends are provided by country, type, application, price range, product type and distribution channel as referenced above.
The countries covered in the Airsoft guns market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America will dominate the airsoft guns market from 2022 to 2029, owing to rising participation in adventure sports such as hunting and target shooting in the region. Within the forecast period, the Asia-Pacific region is expected to have the highest CAGR due to increased adoption of airsoft guns due to rising disposable income and changing consumer behaviour toward adventure sports.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Airsoft Guns Market Share Analysis
The Airsoft guns market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Airsoft guns market.
Some of the major players operating in the Airsoft guns market are:
- Mattel (US)
- Hasbro (US)
- LEGO Group (Denmark)
- Sphero (US)
- Sony (Japan)
- PLAYMOBIL (Germany)
- BANDAI NAMCO (Japan)
- K'NEX (US)
- Konami (Japan)
- Wonder Workshop (US)
- PlayFusion (UK)
- Anki (US)
- WowWee (Hong Kong)
- DXTR Labs, (Denmark)
- Leka (France).
SKU-