The Gun and Ammunition Stores industry has grown rapidly during the five years to 2015, driven by a number of national events that raised the possibility of more stringent gun regulations. In the aftermath of high-profile mass shootings such as the Sandy Hook Elementary School massacre, proposals to ban certain rapid-fire assault rifles and expand background checks encouraged gun enthusiasts to increase their purchases of industry products. Growth is expected to slow in the next five years as the threat of increased regulation subsides, but revenue will rise despite intense competition from department stores, sporting goods shops and other retailers of firearms and ammunition. Furthermore, improving economic conditions and rising disposable income will benefit industry operators, as guns are typically considered discretionary purchases.
This industry comprises establishments that specialize in retailing guns and ammunition. Industry establishments may also sell a range of equipment and accessories alongside their main product lines.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
