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Gun & Ammunition Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gun & Ammunition Stores Market Research Report | Consumer Goods & Services | Lifestyle Goods Stores | Jan 2015

Lock and load: Industry growth was bolstered by looming regulations, but will moderate going forward

IBISWorld’s Gun & Ammunition Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
8.9%
Annual Growth 15-20
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Profit
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Employment
25,609
Businesses
5,753
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 SWOT Analysis Chapter

The Gun and Ammunition Stores industry is currently in the mature phase of its industry life cycle. Industry value added (IVA), which measures the industry's contribution to the overall economy, has grown at an average annual rate of 6.3% during the 10 years to 2020. Comparatively, GDP is expected to grow at an annualized rate of 2.5% during the same period. The industry has been experiencing a rapid level of expansion, as demand for guns continues to rise. In the five years to 2015, industry establishments have expanded at an average annual rate of 1.2% in order to cater to an increase in consumer demand for firearms. Industry products, though, enjoy full market acceptance, which is typical of an industry in its mature phase... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gun & Ammunition Stores Industry?

This industry comprises establishments that specialize in retailing guns and ammunition. Industry establishments may also sell a range of equipment and accessories alongside their main product lines.

Industry Products
AmmunitionEquipment and accessoriesPistolsRevolversRiflesShotguns
 
Industry Activities
Retailing pistolsRetailing revolversRetailing riflesRetailing shotgunsRetailing ammunitionRetailing equipment and accessories


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