Recently a market research study on airsoft guns was conducted by Fact.MR. The study offers a long-term perspective for the duration 2019 to 2029. According to the report sales volume of airsoft guns is likely to see an annual growth of ~6% towards the end of 2019 and is projected to register a volume CAGR of ~7% through 2029. The next few years will witness healthy growth prospects.
With each passing day the appetite of the millennial generation is rising for leisure sports. This is precisely the reason of the demand for airsoft guns and other shooting sport gears.
The analysis of the market report was done by dividing Global Airsoft Guns into different segments viz:-
- Product – This would include Handgun, Rifle, shotgun and Muzzle Loading
- Mechanism – This is based on Spring-powered, Electric-powered and Gas-powered
- Sales Channel – This involves Modern Trade Channel, Specialty Stores, Third Party Online and Direct-to-customer sales
- Price Range – That is Low, Medium and High
- Region – This was taking care of the areas
As per the study in the near future electric-powered airsoft guns will be adopted more as against spring-powered and gas-powered variants. The airsoft pistols for sale in canada are already on rise. Soon that would be seen in other parts of the world too. As electric-powered airsoft guns can be leveraged for both semi and fully automatic operations unlike the rest two counterparts.
The benefit of electric-powered airsoft guns is that they are fully automatic and highly upgraded guns which help in increasing the rate of fire. These guns have adequate metal gearbox internals covered in strong polycarbonate. Manufacturers would therefore focus on innovations in electric airsoft guns and try to customize them.
There is more number of individual buyers who show interest in airsoft guns. These buyers have collectively accounted for sales of over a million units in 2018. Moreover, the demand for customized paint jobs on airsoft guns will gather momentum as an aftersales service. This can be a new focal point for market players in the airsoft guns landscape.
The study further opines that North America trailed by Europe holds substantial revenue share in the airsoft guns market. Individuals are increasingly participating in recreational sports in both the regions thereby augmenting the number of airsofters who are uplifting the sales prospects of airsoft guns out there.
As per Fact.MR’s analysis third party online sales followed by specialty stores drives significant gains in the airsoft guns market. Online sales market is likely to account for ~45% sales in 2019.
The study also anticipates that in the coming year’s social media will play a significant role in the development of airsoft guns market.