MarkNtel Advisors – Leading Market Research Company found US Guns and Ammunition Market is expected to reach 2.3% CAGR Growth By 2030.

This report provides a comprehensive analysis of the US Guns and Ammunition Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the US Guns and Ammunition Market

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

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Scope of the US Guns and Ammunition Market Report:

The US Guns and Ammunition Market is estimated to grow at a CAGR of around 2.3% during the forecast period, i.e., 2024-30. The surge in demand for guns & ammunition stems from a heightened awareness of personal safety and a growing desire for self-defense in the US. Concerns regarding rising crime rates, home invasions, and instances of violence have fostered a sense of vulnerability, prompting individuals to seek means of self-protection. This heightened demand has been further intensified by the impact of the COVID-19 pandemic & civil unrest, which contributed to an increased focus on personal safety & self-defense. This turned into the higher adoption of guns & ammunition in the country during 2019-2023.

Which prominent factor is expected to drive the US Guns and Ammunition Market during 2024-30?

The US Guns and Ammunition Market is estimated to grow at a CAGR of around 2.3% during the forecast period, i.e., 2024-30. The surge in demand for guns & ammunition stems from a heightened awareness of personal safety and a growing desire for self-defense in the US. Concerns regarding rising crime rates, home invasions, and instances of violence have fostered a sense of vulnerability, prompting individuals to seek means of self-protection. This heightened demand has been further intensified by the impact of the COVID-19 pandemic & civil unrest, which contributed to an increased focus on personal safety & self-defense. This turned into the higher adoption of guns & ammunition in the country during 2019-2023.

What are the different Segment Available in the US Guns and Ammunition Market?

By Type

• Guns- Market Size & Forecast 2019-2030, USD Million
• Ammunition-Market Size & Forecast 2019-2030, USD Million

By Lethality

• Non-Lethal-Market Size & Forecast 2019-2030, USD Million
• Lethal- Market Size & Forecast 2019-2030, USD Million

By Application

• Defense- Market Size & Forecast 2019-2030, USD Million
  • Military Operation
  • Law Enforcement
• Security Services- Market Size & Forecast 2019-2030, USD Million
  • Close Protection Services
  • Event Security
  • Secure Transportation
  • Others (Industrial Security, Private Investigation, etc.)
• Civilians- Market Size & Forecast 2019-2030, USD Million
  • Self Defense
  • Sport Shooting
  • Hunting.

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Leading US Guns and Ammunition companies operating in the Market

• Sig Sauer
• Smith & Wesson
• Sturm, Ruger & Co., Inc.
• Taurus International Manufacturing Inc.
• Springfield Armory
• Ammo Inc.
• Federal Ammunition
• Hornady
• FN Herstal
• Black Hills Ammunition
• Others.

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