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Shooting Ranges - Industry Market Research Report

  • November 2016
  • -
  • Ibisworld
  • -
  • 27 pages

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Off target: Industry growth will slow as fears of stricter gun regulations subside



Abstract

Shooting Ranges

Over the past five years, the Shooting Ranges industry has rapidly recovered due to heightened enthusiasm for firearms fueled by fears of stricter gun control in the wake of several high-profile shootings. For example, gun and ammunition sales surged following tragedies in Aurora, CA, and Newton, CT, which has driven demand for shooting ranges from consumers who purchased firearms ahead of anticipated gun control measures. However, such legislation never materialized at the federal level, and demand for industry services has begun to normalize, declining from its 2012 surge, but nonetheless remaining high. Consequently, industry revenue will grow at a slower pace over the next five years.

This industry provides indoor and outdoor targets for firing weapons, which may include handguns, shotguns, rifles and other arms. Handgun ranges typically have their own indoor stations, while rifles can be shot at disks and a variety of other targets.

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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