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Airsoft Gun Market Share

Report ID: GMI8562
Published Date: Mar 2024
Report Format: PDF

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Airsoft Gun Market Share

The market is witnessing an increasing demand driven by leading company’s targeted efforts to enhance the supply chain and increase the market share. Companies are investing in research and development to produce more accurate and high-quality airsoft guns offered to enthusiasts and professionals. They also focus on innovation, using materials and technologies that are improved, along with rising performance and long-lasting effects.

In addition, companies are expanding their marketing strategy, sponsoring airsoft events, and building strong online communities to connect with customers. These efforts include partnering with the military and law enforcement agencies for training operations and making the use of airsoft ammunition more relevant. Such dedicated initiatives significantly increase demand and enhance growth in the market.

Airsoft gun industry seems to be highly fragmented in nature due to presence of numerous local and global players across the globe. In 2023, Action Sport Games, ARES Airsoft , Classic Army, CYMA, Echo 1 USA, G & G Armanent, ICS and JG Works market players collectively held around substantial 15%-20% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Airsoft Gun Market Companies

Global Company Market Share Analysis, 2023, (%)

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Major companies operating in the airsoft gun industry competitive landscape include:

Tokyo Marui
G & G Armament
Lancer Tactical
Echo 1 USA
Umarex
KWA
King Arms
ARES Airsoft
JG Works
Classic Army
ICS
Action Sport Games
CYMA
Vega Force Company
Krytac

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Airsoft gun market size was USD 2.34 billion in 2023 and is expected to register 6.2% CAGR from 2024-2032 owing to growing number of recreational areas offering airsoft activities worldwide.

Airsoft gun industry from the handguns segment and is expected to register 6.4% CAGR from 2024-2032 due to their compact size and ease of use, making them increasingly favored by both novice and experienced airsoft enthusiasts.

Europe airsoft gun industry is expected to reach USD 1.33 billion by 2032 due to the presence of a well-established local airsoft community hosting numerous events and tournaments and creating a vibrant market for airsoft guns in the region.

Tokyo Marui, G & G Armament, Lancer Tactical, Echo 1 USA, Umarex, KWA, King Arms, ARES Airsoft, JG Works, Classic Army, ICS, Action Sport Game, CYMA, Vega Force Company, and Krytac, are some of the major airsoft gun companies worldwide.