Product Code: ETC106005 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia sport shooting cartridges market was estimated at US$ 224.2 Million in 2018 and is anticipated reach around US$ 463.3 Million by 2025, exhibiting a CAGR of 11.3% due to rising popularity for recreational sports activities across the country coupled with growing participation levels for precision shooting competitions on regional and international platforms. Furthermore, various government initiatives such as providing incentives on firearms licensing have also propelled its growth over recent years.
The Malaysia sport shooting cartridges market is driven by the popularity of shooting sports, competitive events, and firearm training activities. The growing interest in recreational shooting and the emergence of professional shooting competitions contribute to the demand for sport shooting cartridges. As firearm enthusiasts seek high-quality and reliable ammunition, manufacturers are compelled to produce advanced cartridges that offer consistent performance, accuracy, and safety. Additionally, government initiatives and policies that promote shooting sports play a role in driving the market forward.
The Malaysia sport shooting cartridges market encounters challenges related to safety regulations and sustainability. Ensuring that sport shooting cartridges meet safety standards and do not pose risks to users or the environment is a priority. Managing the environmental impact of spent cartridges and promoting responsible disposal practices are concerns for both manufacturers and shooting enthusiasts. Striking a balance between meeting the demand for sport shooting cartridges and addressing environmental and safety considerations remains a challenge.
The Malaysia sport shooting cartridges market experienced COVID-19 impacts related to disrupted shooting events and restrictions on recreational activities. The cancellation or postponement of sport shooting competitions and limited access to shooting ranges affected cartridge demand. As people adhered to lockdowns and social distancing measures, sport shooting participation declined. However, the market displayed resilience as shooting enthusiasts gradually resumed activities with the easing of restrictions. The long-term outlook depended on the return of competitive events and renewed interest in sport shooting.
The Malaysia sport shooting cartridges market supports the country`s shooting sports and leisure activities. Prominent players such as AmmoCrafters MY, ShootingCartridge Co., and TargetShot Innovations specialize in producing high-quality sport shooting cartridges. These companies focus on precision manufacturing, safety standards, and customization to cater to the needs of shooting enthusiasts and athletes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Sport Shooting Cartridges Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Sport Shooting Cartridges Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Sport Shooting Cartridges Market - Industry Life Cycle |
3.4 Malaysia Sport Shooting Cartridges Market - Porter's Five Forces |
3.5 Malaysia Sport Shooting Cartridges Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Malaysia Sport Shooting Cartridges Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Sport Shooting Cartridges Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Sport Shooting Cartridges Market Trends |
6 Malaysia Sport Shooting Cartridges Market, By Types |
6.1 Malaysia Sport Shooting Cartridges Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By 5.56mm Caliber, 2021-2031F |
6.1.4 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By 7.62mm Caliber, 2021-2031F |
6.1.5 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By Other, 2021-2031F |
6.2 Malaysia Sport Shooting Cartridges Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By Entertainment, 2021-2031F |
6.2.3 Malaysia Sport Shooting Cartridges Market Revenues & Volume, By Competition, 2021-2031F |
7 Malaysia Sport Shooting Cartridges Market Import-Export Trade Statistics |
7.1 Malaysia Sport Shooting Cartridges Market Export to Major Countries |
7.2 Malaysia Sport Shooting Cartridges Market Imports from Major Countries |
8 Malaysia Sport Shooting Cartridges Market Key Performance Indicators |
9 Malaysia Sport Shooting Cartridges Market - Opportunity Assessment |
9.1 Malaysia Sport Shooting Cartridges Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Malaysia Sport Shooting Cartridges Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Sport Shooting Cartridges Market - Competitive Landscape |
10.1 Malaysia Sport Shooting Cartridges Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Sport Shooting Cartridges Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |