Shotgun And Rifles Market

By Range;

Short Range, Medium Range and Long Range

By Loading Mechanism;

Manual & Semi-Automotic and Automatic

By End Use;

Military & Civilian and Law Enforcement

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn706984178 Published Date: September, 2025 Updated Date: October, 2025

Shotgun and Rifles Market Overview

Shotgun and Rifles Market (USD Million)

Shotgun and Rifles Market was valued at USD 3,629.17 million in the year 2024. The size of this market is expected to increase to USD 6,304.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.


Shotgun And Rifles Market

*Market size in USD million

CAGR 8.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.2 %
Market Size (2024)USD 3,629.17 Million
Market Size (2031)USD 6,304.91 Million
Market ConcentrationMedium
Report Pages332
3,629.17
2024
6,304.91
2031

Major Players

  • Remington Arms Company, LLC
  • Sturm, Ruger & Co., Inc
  • SigSauerGmbH
  • Heckler and Koch GmbH
  • OF Mossberg and Sons
  • JSC Kalashnikov Concern
  • Fabbricad'ArmiPietro Beretta
  • CheyTacLLC
  • FNHerstal S.A
  • Barret Firearms
  • Springfield Armory Inc
  • Browning Arms Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Shotgun And Rifles Market

Fragmented - Highly competitive market without dominant players


The Shotguns and Rifles Market is growing steadily due to increasing demand across various sectors such as hunting, sport shooting, and military applications. These firearms are highly valued for their versatility and precision, which make them essential tools for different types of users. As consumer interest in firearms rises and regulations evolve, the market for shotguns and rifles is expected to see significant growth.

Technological Advancements in Firearms

Technological innovations in shotguns and rifles have improved accuracy, range, and safety features, leading to a boost in demand. Approximately 40% of the market is driven by advancements in smart firearm technology, which includes optical sights, enhanced trigger systems, and recoil reduction features. These innovations are making firearms more accessible and appealing to both enthusiasts and professional users.

Rising Popularity of Hunting and Sport Shooting

Hunting and sport shooting activities continue to be major drivers for the shotguns and rifles market. About 50% of the market share comes from these recreational sectors, where firearms are used for hunting game or for competitive shooting events. As more individuals engage in outdoor activities and as the popularity of shooting sports increases, the demand for firearms, particularly shotguns and rifles, is on the rise.

Increasing Military and Law Enforcement Demand

The military and law enforcement sectors are major contributors to the shotguns and rifles market, accounting for around 30% of the total market share. The demand for high-performance firearms with enhanced durability and accuracy is critical in tactical and defense operations. As global security concerns rise, the adoption of these firearms in defense forces continues to drive market growth.

Growing Focus on Firearm Safety

With increasing attention on firearm safety, both consumers and manufacturers are focusing on products that promote safe handling and storage. About 20% of the market is influenced by safety features such as fingerprint recognition, lock systems, and biometric safes. As governments and organizations push for stricter firearm regulations, the emphasis on safety is expected to continue impacting product development and demand.

Market Outlook

The Shotguns and Rifles Market is poised for continued growth driven by technological advancements, increasing participation in recreational activities, and rising military and law enforcement demand. As consumers increasingly seek high-performance firearms with enhanced safety features and better precision, the market is expected to experience steady growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Range
    2. Market Snapshot, By Loading Mechanism
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Shotgun and Rifles Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Shooting Sports
        2. Escalating Need for Personal Protection
        3. Increased Military and Law Enforcement Spending
        4. Technological Advancements in Firearms
      2. Restraints
        1. Stringent Regulatory Environment
        2. Environmental Impact Concerns
        3. Influence of Socio-Political Factors
        4. Safety Issues and Public Perception
      3. Opportunities
        1. Expansion in Outdoor Recreation Market
        2. Advancements in Firearm Technology
        3. Untapped Markets in Developing Regions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Shotgun and Rifles Market, By Range, 2021 - 2031 (USD Million)
      1. Short Range
      2. Medium Range
      3. Long Range
    2. Shotgun and Rifles Market, By Loading Mechanism, 2021 - 2031 (USD Million)
      1. Manual
      2. Semi-Automotic
      3. Automatic
    3. Shotgun and Rifles Market, By End Use, 2021 - 2031 (USD Million)
      1. Military
      2. Civilian
      3. Law Enforcement
    4. Shotgun and Rifles Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Remington Arms Company, LLC
      2. Sturm, Ruger & Co., Inc
      3. SigSauerGmbH
      4. Heckler and Koch GmbH
      5. OF Mossberg and Sons
      6. JSC Kalashnikov Concern
      7. Fabbricad'ArmiPietro Beretta
      8. CheyTacLLC
      9. FNHerstal S.A
      10. Barret Firearms
      11. Springfield Armory Inc
      12. Browning Arms Company
  7. Analyst Views
  8. Future Outlook of the Market