Airsoft Guns Market Analysis Covering Size, Share, Growth, Trends and Upcoming Opportunities

Posted on 2019-05-21 by Mark Hub in Sports // 0 Comments

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APEJ is becoming a point of interest for airsoft gun manufacturers, owing to the tower of opportunities the region presents. The APEJ is expected to register the highest revenue growth over the forecast period. The overall outlook for airsoft guns market is highly positive on global level owing to the increasing popularity of air sports and activities. However, North America and Europe will continue to dominate the Airsoft Guns Market over the forecast period.

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In the last few years, airsoft has evolved as a competitive team sport. The sport involves two teams shooting with a spherical plastic projectile, launched using an imitation air weapon commonly known as airsoft guns. Airsoft is often confused with paintball which is a similar recreational sport with some notable differences. Airsoft is a more ethical game when compared to paintball as it hurts much less and hits are not visible.

Airsoft gun’s muzzle velocity is of prime importance. Before every game, the airsoft gun is calibrated and checked via a chronograph which is fixed as per the country’s norms and is measured in feet per second. Restrictions on FPS are dependent on different game sites and countries. Airsoft guns are illegal in many countries of the world, however, it is legal throughout the U.S. with some restrictions in Detroit and Chicago.

The rise in enthusiastic and adventure loving millennial population going hand-in-hand with better disposable incomes are the key factors driving the airsoft guns market. Though it has been in existence since the 1970s, the sport has become immensely known over the last fifteen years, primarily owing to its adventurous nature.

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However, a much safer sport than paintball, air sport is illegal in some countries including the UK. This will limit the expansion of the airsoft guns market in certain parts of the world.

Geographically, the global airsoft guns are designed for six regions: North America, Latin America, Europe, the Asia Pacific except Japan (APEJ), the Middle East & Africa and Japan. North America currently is the largest market for airsoft guns, accounting for more than two-thirds of the global market. Air sport is widely popular in the United States, especially among the enthusiastic millennial population. Many law enforcement and military training institution also use airsoft guns for training purposes in the U.S. However, major manufacturing is outsourced to the Asian countries due to the availability of cheap labor and raw materials.

Manufacturers of airsoft guns are focused on providing customized products. Many players demand custom made airsoft guns majorly to improve the performance or for purely aesthetic reasons. Customizations and add-ons include flashlights, red dot sights, fore grips and scopes. Red-dot sights being the most popular are used to help aim well, while foregrips improve the hold on the gun. Some players also choose to equip their airsoft guns with LASERs. Though illegal in many countries LASERs are high on demand in the U.S. and Europe.

This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

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