Gun & Ammunition Stores in the US - Industry Market Research Report

Straight shot: Rising consumer fears surrounding gun regulations will boost industry revenue

The Gun and Ammunition Stores industry has recently benefited from social, political and economic unrest, which has sparked an unprecedented increase in purchases of firearms and complimentary goods. Revenue has also surged on the expectation of stricter firearm regulations under the Biden administration, which has vowed to help end gun violence and mass shootings through multiple avenues. Consumers have sought to purchase firearms and ammunition before the more stringent regulatory environment. Industry revenue is estimated to increase an annualized 5.5% to $18.5 billion over the five years to 2023, including an increase of 1.8% in 2023 alone.

The Gun and Ammunition Stores industry comprises operators that specialize in retailing guns and ammunition. Industry operators may also sell a range of accessories and apparel in addition to their main product lines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.