Latest News - Hunting Equipment Accessories Market: Guns and rifles are expected to lead the Product segment during 2025-2029

The Hunting Equipment Accessories Market is being driven by Growing demand for hunting license

The Hunting Equipment Accessories Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 15311.6 million. The global hunting equipment and accessories market is witnessing a significant shift towards the integration of smart technology. This trend is transforming the hunting landscape by introducing advanced electronic capabilities and connectivity features into essential hunting gear. Notable examples of this innovation include smart optics and rangefinders, which utilize sophisticated sensor technologies, such as laser and image processing, to deliver precise distance measurements, ballistic calculations, and real-time environmental data to hunters. This integration of technology is revolutionizing hunting experiences and setting a new standard for hunting equipment and accessories. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Gun and rifles
  • Auxiliary equipment
  • Archery
  • Others
• Distribution Channel
  • Offline
  • Online
• End-user
  • Recreational hunters
  • Professional hunters
  • Military and law enforcement
• Technology
  • Traditional
  • Advanced
  • Hybrid
• Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Russia
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for hunting license
• Rising emphasis on ethical and sustainable hunting practices
• Increasing interest in outdoor recreational activities

However, the market also witnesses some limitations, which are as follows:

• Stringent regulation on hunting activities
• Seasonal nature of hunting equipment and accessories business
• Decline in hunting enthusiasts

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Market Scope in Hunting Equipment Accessories Market Research Report

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Research Analysis Overview

The Hunting Equipment Accessories market encompasses a range of products and services that enhance the hunting experience. These include ballistics software for precise shot placement, rangefinder technology for accurate distance measurement, and hunting clothing layering for optimal comfort and protection. Additionally, game management strategies, trail camera placement, hunting tactics, and techniques are essential for successful hunts. Hunting gear maintenance, first aid, safety courses, etiquette, ethics, and conservation promote responsible and safe hunting practices. Wildlife photography and videography capture memories, while hunting food plots, property management, land access, lease agreements, permits, regulations, laws, licenses, gear reviews, comparisons, recommendations, trends, innovations, and brands cater to the ever-evolving needs of hunters.

Market Research Overview

The Hunting Equipment Accessories market is a segment of the larger global Apparel, Accessories, and Luxury Goods market. This market encompasses businesses involved in the production and distribution of hunting gun cleaning kits, hunting knives, bowhunting equipment, archery accessories, and hunting apparel, including camo clothing. The parent market's size is determined by the consolidated revenues of textiles, apparel, footwear, accessories, and luxury goods manufacturers and marketers. Factors driving the growth of this market include the expanding working women population, which increases household disposable income and consumer spending on hunting equipment accessories. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/