Hunting Equipment & Accessories Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Guns & Rifles, Ammunition), By End User (Individual, Commercial), By Distribution Channel (Online, Offline) By Region, By Competition, 2020-2030F

Market Overview

The Global Hunting Equipment & Accessories Market, valued at USD 25.34 Billion in 2024, is projected to experience a CAGR of 7.98% to reach USD 40.16 Billion by 2030. The global hunting equipment and accessories market comprises a broad spectrum of products, including firearms, ammunition, optics, specialized apparel, and various field tools utilized for hunting and associated outdoor recreational pursuits. Key drivers supporting market expansion include rising global participation in hunting activities and continuous technological advancements resulting in more precise and durable equipment. Furthermore, increasing disposable incomes, particularly in emerging economies, contribute to heightened consumer spending on these products. According to Safari Club International, their 52nd Annual Hunter's Convention, held in February 2024, raised over $20 million for advocacy and conservation efforts through auctions and dinners, reflecting significant financial engagement within the hunting community.

A significant challenge impeding market expansion stems from the increasingly stringent governmental regulations concerning firearms and hunting practices across various jurisdictions. Additionally, evolving environmental concerns and shifting societal perceptions regarding hunting activities present ongoing hurdles for sustained industry growth.

Key Market Drivers

The global hunting equipment and accessories market is significantly influenced by increasing participation in outdoor recreational activities and hunting. A growing number of individuals are engaging in these pursuits, driving demand for a wide range of gear from firearms and ammunition to apparel and optics. This trend indicates a sustained interest in traditional outdoor sports, prompting new entrants and re-engaged participants to invest in necessary equipment. For instance, according to the National Shooting Sports Foundation, in 2024, over 52.7 million Americans participated in sport and target shooting activities. This broad engagement directly translates into a larger consumer base for hunting equipment. Supporting this market activity, according to the National Shooting Sports Foundation, in the third quarter of 2025, an estimated 3,249,497 guns were sold nationwide, reflecting consistent consumer demand for essential hunting and shooting tools.

Concurrently, continuous technological advancements in hunting gear serve as a powerful catalyst for market expansion. Manufacturers are consistently innovating to offer products that enhance precision, safety, and overall user experience. These innovations range from sophisticated optics with advanced ballistic calculations to lightweight materials for clothing and equipment, encouraging both new purchases and upgrades among experienced hunters. For example, according to Petersen's Hunting, January 2024, 'New Optics from SHOT Show 2024', Leica introduced Geovid Pro 10x42 AB+ binoculars featuring integrated Applied Ballistics Elite software for customizable ballistic solutions and Shot Probability Analysis technology. Such developments create a compelling value proposition for consumers, driving demand for advanced and specialized solutions that improve efficacy and enjoyment in the field.

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Key Market Challenges

Increasingly stringent governmental regulations concerning firearms and hunting practices pose a significant impediment to the growth of the global hunting equipment and accessories market. These regulations, varying across jurisdictions, frequently result in more restrictive firearm ownership laws, limitations on ammunition sales, and complexities in obtaining hunting licenses and permits. Such measures directly constrain consumer access to essential hunting gear and participation in hunting activities, thereby suppressing demand across the product spectrum.

The direct impact of this challenge is evident in key market indicators. For example, according to the National Shooting Sports Foundation, the total federal excise tax receipts from firearms and ammunition declined from $1,085.8 million in 2022 to $936.4 million in 2023. This reduction in excise tax collections signifies a corresponding decrease in manufacturers' taxable sales of firearms and ammunition, which are fundamental components of the hunting equipment market. Such a sustained decline in sales directly hampers revenue generation for manufacturers and retailers, consequently impeding overall market expansion.

Key Market Trends

Two significant trends are currently shaping the Global Hunting Equipment & Accessories Market: the diversification of hunter demographics and a growing emphasis on sustainable and eco-friendly hunting products.

The diversification of hunter demographics, particularly the increasing participation of women and youth, is driving a notable shift in product development and marketing strategies. Manufacturers are now designing gear that caters specifically to the fit, comfort, and preferences of these emerging segments. According to the Association of Fish & Wildlife Agencies, in 2022, females represented 33 percent of new entrants to hunting, a notable increase compared to their 17 percent share of all active hunters. This demographic expansion is compelling brands to expand their offerings; for instance, Bowhunter reported in January 2025 on the exciting lineup of dedicated gear, noting that KUIU and DSG Outerwear launched new apparel lines specifically for women hunters, demonstrating a direct market response to this evolving consumer base.

Concurrently, the market is experiencing an increasing emphasis on sustainable and eco-friendly hunting products, driven by heightened environmental awareness and a desire for responsible hunting practices. This trend is influencing the development of products made from biodegradable materials and the adoption of non-toxic alternatives for traditional equipment. The New York State Department of Environmental Conservation announced in August 2024 a rebate program for non-lead ammunition for the 2024-25 deer hunting seasons, offering up to $60 for purchases, directly encouraging environmentally conscious choices among hunters. This focus extends beyond ammunition to other gear, reflecting a broader industry movement toward minimizing environmental impact.

Segmental Insights

The Global Hunting Equipment & Accessories Market is witnessing substantial expansion within its online distribution channel, which emerges as the fastest-growing segment. This accelerated growth is primarily attributed to the significant convenience and efficiency that e-commerce platforms offer to consumers, allowing for easy access to a broad and diverse range of products. Online retailers enhance the purchasing experience by providing extensive product comparisons and competitive pricing, coupled with essential value-added services like shipping and streamlined returns. Such digital accessibility is particularly advantageous for hunters located in remote areas, thereby broadening market reach and transforming traditional procurement methods through advanced digital integration.

Regional Insights

North America stands as the leading region in the global hunting equipment and accessories market due to a confluence of well-established factors. The region benefits from a deeply ingrained hunting culture, particularly within the United States and Canada, where hunting is a popular recreational activity. High levels of disposable income among enthusiasts further enable investment in quality and specialized gear. Moreover, strong wildlife management and conservation programs, supported by entities like the U. S. Fish and Wildlife Service and state wildlife agencies, are largely funded by hunting license sales and excise taxes on equipment. This robust regulatory framework fosters a responsible and sustained hunting environment, ensuring consistent demand for related products. The extensive availability of diverse terrains for hunting also contributes significantly to this regional dominance.

Recent Developments

• In July 2025, SIG Sauer unveiled new optics during its SIG NEXT 2025 event, including the BRAVO6T-BDX riflescope. This advanced riflescope integrates a first focal plane reticle with an intelligent ballistic computer, utilizing an eTRAK elevation dial and ZeroSync technology to provide precise ballistic solutions. The launch of these optics, alongside the ROMEO8T-AMR red dot and JULIET3T-AMR magnifier combo, demonstrates the company's commitment to technological innovation in the global hunting equipment and accessories market.

• In February 2025, Federal introduced its 7mm Backcountry ammunition, representing a breakthrough in ammunition technology for the hunting equipment market. This new cartridge was engineered to achieve magnum velocities from shorter rifle barrels without increasing recoil, addressing a long-standing market need. Utilizing proprietary Peak Alloy case technology, the 7mm Backcountry allows for higher chamber pressures, resulting in superior muzzle velocities and improved downrange performance for hunters.

• In January 2024, Savage Arms introduced its new 110 Ultralite Elite rifle, developed in collaboration with PROOF Research. This rifle, designed for backcountry hunters, features a stainless steel barrel wrapped in carbon fiber, combining lightweight construction with accuracy. The partnership aimed to deliver a high-performance, compact, and lightweight hunting rifle suitable for diverse weather conditions and altitudes. This product launch directly expands the offerings within the global hunting equipment and accessories market by providing advanced firearm technology.

• In January 2024, Leupold & Stevens, a producer of sport optics, launched its new Mark 4HD family of riflescopes. This series includes five magnification ranges designed to offer versatility and high optical performance for various shooting and hunting applications. The Mark 4HD features Leupold's Professional-Grade Optical System, providing enhanced light transmission, reduced glare, and improved resolution. This introduction delivers advanced sighting technology to the global hunting equipment and accessories market.

Key Market Players

• American Outdoor Brands, Inc.
• Beretta Holding S.A.
• BPS Direct LLC
• Buck Knives, Inc.
• Dick’s Sporting Goods, Inc.
• SPYPOINT
• Under Armour, Inc.
• Spyderco, Inc.
• Sturm Ruger and Co. Inc.
• Vista Outdoor Inc.

Report Scope:

In this report, the Global Hunting Equipment & Accessories Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Hunting Equipment & Accessories Market, By Product Type:

o   Guns & Rifles

o   Ammunition

• Hunting Equipment & Accessories Market, By End User:

o   Individual

o   Commercial

• Hunting Equipment & Accessories Market, By Distribution Channel:

o   Online

o   Offline

• Hunting Equipment & Accessories Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Hunting Equipment & Accessories Market.

Available Customizations:

Global Hunting Equipment & Accessories Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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