Airsoft guns are replica toy weapons that fire soft plastic or rubber pellets and are popularly used for simulated war game play. Airsoft guns provide users with an engaging recreational activity and allow them to experience the handling and shooting of real firearms safely. The rising interest of people, especially youth, in adventure sports and outdoor activities has accelerated the demand for airsoft guns in recent years.
The global Airsoft Guns Market is estimated to be valued at US$ 2 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The popularity of airsoft as a recreational outdoor sport has increased substantially over the past few years. Many parks and recreation areas now host dedicated airsoft fields and leagues. Additionally, simulations and game formats such as military or law enforcement simulations attract airsoft enthusiasts. This growing interest in airsoft as an Action sport combined with individuals pursing adventure activities is driving the increased sales of airsoft guns. Manufacturers are launching realistic but affordable airsoft gun models in various categories like rifles, shotguns and pistols to cater to both recreational and professional participants. The emerging online sales channels and e-commerce platforms also provide improved access and awareness to potential customers, contributing to the strong expected growth of the market over the forecast period.
Segment Analysis
The global airsoft guns market is dominated by the electric sub-segment due to its advantages over spring-powered and gas-powered guns such as controlled rate of fire, durability, and less maintenance. Electric airsoft guns offer precise firing through built-in circuits that allow adjustable rate of fire and ammunition capacity ranging from 350 to 600 rounds per charge.
Key Takeaways
The Global Airsoft Guns Market Size is expected to witness high growth over the forecast period of 2023 to 2030. Rapid development of recreational activities globally and rising interest of people in airsoft sports is expected to drive the demand for airsoft guns. The global Airsoft Guns Market is estimated to be valued at US$ 2 Bn in 2023 and is expected to exhibit a CAGR of 6.7% over the forecast period 2023 to 2030.
Regional analysis: Asia Pacific dominates the global market and is expected to continue its dominance over the forecast period as well. Higher participation in airsoft sports, presence of major manufacturers, and rising disposable income in countries such as China, Japan, and South Korea are propelling the demand in the region.
Key players: Key players operating in the airsoft guns market are GrainPro Inc., PackFreshUSA, ShieldPro Flexible Packaging, SorbentSystems, IMPAK Corporation, Green Storage Ltd., LPS Industries LLC, Seal King Europe B.V., TPB Plastech Limited, Integra Packaging.
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https://healthcarelatesteditionnews.blogspot.com/2023/12/the-global-airsoft-guns-market-growth.html
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