Industry Analysis & Industry Trends
The Gun and Ammunition Stores industry has grown rapidly during the five years to 2015, driven by a number of national events that raised the possibility of more stringent gun regulations. In the aftermath of high-profile mass shootings such as the Sandy Hook Elementary School massacre, proposals to ban certain rapid-fire assault rifles and expand background checks encouraged gun enthusiasts to increase their purchases of industry products. Growth is expected to slow in the next five years as the threat of increased regulation subsides, but revenue will rise despite intense competition from department stores, sporting goods shops and other retailers of firearms and ammunition.... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of industry establishments is highly dependent on regulations governing each state, as well as cultural attitudes toward gun ownership. Industry revenue per capita is also much higher in rural areas where gun ownership is more common. Broader factors such as population distribution and disposable income levels also play a factor in revenue earned in each state or region. The geographic distribution of industry establishments has not shifted noticeably over the past five years; if anything, the industry has become more entrenched in regions where gun and ammunition sales have traditionally been high.
The industry is highly concentrated toward the Southeast, which accounts for about 29.7% of total industry revenue... purchase to read more