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Gun & Ammunition Stores - Industry Market Research Report

  • November 2016
  • 33 pages
  • Ibisworld
Report ID: 2253125

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Lock and load: Industry growth has cooled off as regulations are expected to stabilize



Abstract

Gun & Ammunition Stores

The Gun and Ammunition Stores industry has grown over the five years to 2016, in response to greater per capita disposable income and gradual growth in the number of game hunters. The industry inadvertently benefits from sudden spikes in consumer firearm purchases immediately following acts of terror or mass shooter events. The number of gun shops has increased in the five years to 2016, despite heavy competition from sporting goods and outdoor stores, online retailers, gun show vendors and pawn shops. Industry sales have suffered somewhat in response to the growing popularity of online firearm, ammunition and supplies sales, but federal law requires that all online sales of firearms be not only subject to identical brick-and-mortar regulations concerning federal background checks as well as any specific supplementary regulations of the purchaser's municipality. Since it is mandated by federal law that all online purchases of firearms also be fulfilled through the purchaser's local FFL dealer, the industry continues to be a vital component as the buying process expands online. The industry's recent rapid growth is expected to slow over the next five years.

This industry comprises establishments that specialize in retailing guns and ammunition. Industry establishments 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.



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