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: ETC433308 | Publication Date: Dec 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Egypt Air Gun Market is estimated to become one of the most significant markets in the country over the forecast period. The sector will evolve more effectively in the years to come owing to several growth factors contributing to the growth of this sector.
According to 6Wresearch, the Egypt Air Gun Market size is expected to grow during 2022-2028. This industry will become one of the most significant industries in the years to come as there are several factors effectively contributing to the evolvement of this sector. There are different types of air guns available in the market. BB gun is the most popular type air gun available in the sector. Pellet gun is another popular type of air gun available in the sector. Pellet guns are powerful as compared to BB guns since they can be used hunting larger animals. The sector in the country is currently not that big, but it will grow at a rapid pace and will become one of the most prominent sectors. The large population of the country and its increasing middle class are the factors stimulating its growth. Air guns are becoming more and more popular among youngsters in the country. Air guns are also used for pest control purposes in the country. Pellet air guns are most popular in the country and they are widely used.
There are numerous key players in the market giving it boost by helping it. Increasing tourism industry, rising incomes, and growing awareness about shooting sports among people are some key factors affecting the evolvement of this sector in the country. However, stringent government regulations and high prices of air guns are the restraining factors for the market. The market players are trying to come up with quality products at the best prices which will support the market to overcome these challenges.
The Egypt Air Gun Market share was evolving more effectively before the pandemic. The sector faced numerous challenges when pandemic hit which disrupted its growth. The governments around the world imposed lockdown in their countries and owing to lockdown the operation of industries that offer non-essential services and products was not allowed since the governments wanted to control the virus spread. This sector faced numerous challenges since manufacturing and supply chains completely disrupted.
Based on product type, the Air Gun Market in Egypt is fragmented into Rifle, and Pistol. The riffle segment will account for the largest share in the market.
Based on ammunition type, the Egypt Air Gun Industry is fragmented into Airgun Pellets, Airgun Bbs, Big Bore Pellets, Hunting Pellets, Cleaning Pellets, and Others. All these ammunition type segments are progressing in the sector.
Based on accessories, the market in the country is fragmented into Scopes, Sights, Mounts, Binoculars, Compressors, and Others. In the industry, all these accessoriesโ segments are evolving.
The report offers a comprehensive study of the subsequent market segments: