Market Forecast By Product Type (Rifle, Pistol), By Ammunition Type (Airgun Pellets, Airgun Bbs, Big Bore Pellets, Hunting Pellets, Cleaning Pellets, Others), By Accessories (Scopes, Sights, Mounts, Binoculars, Compressors, Others) And Competitive Landscape
|Product Code: ETC433294||Publication Date: Dec 2022||Product Type: Market Research Report|
|Publisher: 6Wresearch||No. of Pages: 75||No. of Figures: 35||No. of Tables: 20|
Turkey Air Gun Market is anticipated to experience rapid expansion in the forthcoming years. The key drivers for this market are increasing demand for air guns from hunting enthusiasts in Turkey and the increasing number of tourists visiting Turkey each year. The growing popularity of hunting and shooting are propelling the demand for air guns in Turkey. Additionally, the government’s initiatives to promote shooting is contributing to the Turkey Air Gun Market Growth over the forecast period. The Turkey Air Gun market is estimated to expand further at a CAGR of XX% in the coming time zone attributed to the increasing demand for air guns as well as the country's participation in various sporting events.
According to 6Wresearch, Turkey Air Gun Market is expected to grow during 2022-2028. The growth is ascribed to the rising popularity of hunting and target shooting among individuals. The demand for air guns in Turkey is driven by traditional sports such as bird hunting and clay pigeon shooting. However, the stringent firearms laws make it difficult for civilians to buy air guns legally which in turn resulted in illegal trading. The Turkey Air Gun Industry is expected to grow due to the increasing demand for air guns, government favourable initiatives to promote air gun sports.
The Turkey Air Gun Market is estimated to grow owing to the growing popularity of air guns for target practice and hunting. However, the outbreak of COVID-19 pandemic is anticipated to have a negative impact on the growth of Turkey air gun market as the production activities have been disrupted due to lockdown measures implemented by the government to limit the spread of deadly virus. The pandemic has caused a decrease in demand for air guns as people were more focused on essential items that fulfilled their basic needs. Moreover, the rising popularity of air guns in Turkey for plinking, pest control, and small game hunting is fueling the growth of this market during the forecast period.
By Product Type, the market is segmented into Rifle and Pistol. Turkey air gun market is segmented by product type into pistols, rifles and shotguns. Among these, the Pistol segment accounted for the largest market share owing to the rising popularity of air pistols among target shooters and plinkers. The Rifle segment is anticipated to witness significant growth over the forecast period owing to the increasing popularity of air rifles among hunters.
By Ammunition Type, the market is diverged into Airgun Pellets, Big Bore Pellets, Hunting Pellets, Airgun Bbs, Cleaning Pellets, and Others. The Pellets segment dominated the market in terms of revenue attributed to the fact that pellets are available in a wide range of sizes and shapes and are appropriate for variety of air guns.
By Accessories, the market is bifurcated into Scopes, Sights, Mounts, Binoculars, Compressors, and Others. The Scopes accounted for the largest market share in terms of revenue during the forecast period. The Mounts is the second-largest category and is projected to grow at rapid pace rate.
Turkey Air Gun Market is highly competitive with a large number of manufacturers offering a wide range of products. Leading companies hold a significant Turkey Air Gun Market share due to their strong brand presence and extensive product portfolios and offer a wide range of air guns to meet the customer demand.
The report offers a comprehensive study of the subsequent market segments:
1. What are the major drivers of the Turkey Air Gun Market growth?
Increasing demand for air guns in Turkey due to growing popularity of shooting sports and participation in various sporting events by Turkish athletes are the major drivers of the Turkey Air Gun Market growth.
2. Which Ammunition Type segment is growing during the forecast period?
The Pellets segment is growing significantly in terms of largest revenue.
3. What impede the growth of Turkey Air Gun Market?
The stringent laws in some countries impedes the market growth during the forecast period.
4. What are the sub segments included in the Accessories segment?
Scopes, Sights, Mounts, Binoculars, Compressors, and Others are included in the Accessories segment.
5. Which law have made it difficult for civilians to buy air guns legally?
The stringent firearms laws have made it difficult for civilians to buy air guns legally.