Hunting Equipment and Accessory Industry Outlook from 2025 to 2035

The global hunting equipment and accessory market is poised for substantial expansion, increasing from USD 27,052.5 million in 2025 to USD 54,727.3 million by 2035. The market is expected to grow at a CAGR of 7.3% from 2025 to 2035.

Established infrastructure in the United States makes hunting trips easy, fueling participation. This trend is also being further strengthened with the rising popularity globally, as more people can afford to learn to hunt for leisure.

Second, with the growing popularity of hunting, particularly as a sport, for example, trophy hunting. As a result, the demand for specialized equipment and accessories that make hunting more fun is forecast to become mainstream.

Hunting apparel manufacturers are always developing new ways to achieve better accuracy, range, and performance by using the latest technologies. For example, optics technology is advancing and thus exceptionally low-light visibility scopes and binoculars are being produced.

Similarly, the introduction of a ballistics computer with rifles allows a data-driven advantage and an edge to the hunters. These trends, alongside the rising emphasis on ethical hunting procedures, are expected to be the main factors causing the demand for technologically advanced hunting equipment shortly.

Hunting Equipment And Accessory Market

The demand for this specialized archery equipment and accessories emerged because the different archery groups including bow hunters grew in popularity. Product-specific equipment for predator hunting emerged due to rising demand by predator hunters.

The Asia Pacific marketplace will develop into an important segment because more people are turning to outdoor recreational activities. Certain regional market statutes regulating hunting practices could limit the expansion of the global hunting equipment and accessory market.

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Semi-Annual Market Update

The below table presents the expected CAGR for the Hunting Equipment and Accessory industry over semi-annual periods spanning from 2025 to 2035.

Particular Value CAGR
H1 2024 7.8% (2024 to 2034)
H2 2024 7.2% (2024 to 2034)
H1 2025 8.1% (2025 to 2035)
H2 2025 6.7% (2025 to 2035)

The CAGR exhibits a fluctuating trend, initially increasing by 78 BPS from H1 (2024 to 2034) to H2 (2024 to 2034), indicating stronger growth momentum in the latter half. Further, a slight increase of 81 BPS in H1 (2025 to 2035) suggests temporary market stabilization or external growth.

Growth declines in H2 (2025 to 2035) with a 67 BPS decrease, reflecting renewed demand or industry expansion. This pattern suggests cyclical variations, with stronger growth in the second half of each period, possibly driven by evolving market conditions and strategic investments.

Key Industry Highlights

Digital Hunting Technology, Ballistic Computers Make Everything Better

Advanced rifle scopes are now being digitized in the hunting equipment and accessory industry for enhanced features. This allows connection with a ballistics computer to give the hunter the ability to know in real-time the ballistics of bullet drop, wind drift, and atmospheric conditions.

It does add to long-range accuracy and has made hunters take more ethical shots. It's a trend that is going to redefine hunting to a level of precision that has not been realized.

Sustainable Materials Gain Foothold in Hunt Apparel

The concept of sustainability is increasingly sweeping through the hunting equipment and accessory industry. There have been concerns from eco-conscious hunters pushing the demand toward sustainable fabrics in production, such as recycled polyester.

Indeed, the shift to sustainable materials is catching on due to increased knowledge about the impacts of conventional methods of manufacturing. The manufacturers have reacted to this demand by developing innovative camouflage patterns on eco-friendly fabrics so that they might maintain their effectiveness in the field with the least environmental effects.

Hunting Blinds Go Stealthy with Advanced Camouflage Technology

Hunters blind manufacturers are continuously innovating to give hunters a prime factor in the playing field. State-of-the-art camouflage technology is put to use in the making of virtually invisible hunting blinds for wary games.

Advanced photorealistic patterns with 3D textures added give it a natural look. These advances in camouflage technology are the ones designing the making of better hunting blinds, therefore keeping the hunters unseen from prey.

DIY Broadhead Popularity Soars, Hunters Embrace Customization

Broadhead sharpening tools, which can be categorized as DIY, are becoming common in the hunting equipment and accessory industry, as the need for hunters has risen to design their broad heads for specific game hunting and field conditions.

DIY broad head sharpening tools put the power back in the hunter's hands with the right edge sharpness and angle for his broad heads to ensure the hunter gains a clean kill and maximum efficiency with the least possible damage or destruction of meat. This trend is attributed to the increased demand by hunters to engage themselves physically in this craft.

Crossbow Technology Attracts New Hunters, Accessibility is the Key

New hunters are attracted by innovations in crossbows because of their ease of use. The technological improvements in crossbows have been a central factor in the interest of new hunters to the sport.

Examples are improvements in construction, such as lighter weight designs, and advances in cocking mechanisms-improvements that make a crossbow user-friendly to a whole new list of people.

This makes the trend particularly attractive for those hunters who feel bothered by traditional archery techniques or who simply want a more stable platform for hunting. The crossbow is a weapon that is continually growing in popularity, with more innovative and user-friendly designs from the manufacturers.

2020 to 2024 Global Hunting Equipment and Accessory Sales Outlook Compared to Demand Forecasts from 2025 to 2035

The historical CAGR for global hunting equipment and accessory sales recorded a healthy CAGR of 4.4% from 2020 to 2024. Going forward, the CAGR for the 2025 to 2035 period is expected to be higher to 7.3%, which indicates that market growth continues to trend north. Such a positive outlook is driven by several factors that have significantly marked the industry and are poised to influence the demand.

The key factors driving the upwardly revised forecast CAGR are sustained interest in outdoor recreational activities, such as hunting, from most consumers in all demographic segments.

Such an enduring interest in hunting is driving continued demand for hunting equipment and accessories-from firearms and ammunition to specialized gear and apparel. In addition, technological advances should continue to enhance the hunting experience, as innovative new products bring new users into the industry and stimulate replacement demand among existing hunters.

Going forward, the increase in CAGR is expected to have continued expansion on the back of demographic trends, technological advancement, and evolved consumer preferences. However certain segments may face challenges like increasing regulatory complexities and mounting concerns related to the environment, among other things.

The market demand for hunting equipment alongside its related accessories shows no signs of declining. To maximize these market opportunities, the hunting equipment and accessory sector demands strategic investments that should focus on product development and marketing along with improved distribution networks.

Market Concentration

Leadership positions in the worldwide hunting equipment marketplace exist for Tier 1 companies because they supply high-end products combined with frontier technologies and renowned brands. The companies enjoy significant international business presence because of their broad distribution systems and essential strategic alliances and event sponsorship in main hunting and outdoor sports.

The companies allocate resources to development research which leads to frequent innovations across hunting firearms and their accessories and optics systems alongside tracking devices and camouflage equipment. The market leadership of such companies is reinforced through their dedicated commitment to hunting regulations and sustainability efforts. Major Tier 1 enterprises encompass Vista Outdoor with Bushnell, Federal Ammunition and Primos and Sturm, Ruger & Co., Remington Arms, Browning along with Beretta.

The market segment of Tier 2 companies comprises established organizations which sell various hunting products at attractive pricing. These companies supply various client groups that extend from recreational shooters to outdoor enthusiasts and professional users.

The companies specialize in certain market segments including archery gear, hunting apparel and survival equipment yet they deliver top-quality products at reasonable prices. Their market expansion happens because of their focused marketing programs along with business connections across regions and prominent internet sales. The notable Tier 2 companies in the industry consist of Mossy Oak, Leupold & Stevens and PSE Archery and TenPoint Crossbow Technologies and Sitka Gear.

New entities and particular operators in the hunting equipment sector comprise the profit zone of Tier 3 companies. The companies reach their target audience through their focus on specialized market spaces including unique items like hunting knives with custom designs along with handmade bows and nature-friendly hunting accessories.

Most of these businesses establish loyal customer bases by introducing innovative products and personalized services in addition to forging direct relationships with their end-users. Their market growth depends on their response to new market trends through professional hunting partnerships despite encountering resistance from dominant brands.

The important businesses operating at Tier 3 level consist of Vortex Optics alongside ALPS OutdoorZ as well as Tactacam and BOGgear and First Lite.

Per Capita Spending Analysis

Country United States
Population (millions) 345.4
Estimated Per Capita Spending (USD) 5.2
Country United Kingdom
Population (millions) 68.3
Estimated Per Capita Spending (USD) 3
Country Germany
Population (millions) 84.1
Estimated Per Capita Spending (USD) 3.5
Country Japan
Population (millions) 123.2
Estimated Per Capita Spending (USD) 2.5
Country Australia
Population (millions) 26.3
Estimated Per Capita Spending (USD) 4

United States

Per capita spending in the USA hunting equipment and accessorie sector amounts to USD 5.20 because Americans both heavily participate in hunting and have extensive hunting lands. Market expansion is caused by increased gun ownership combined with established hunting laws together with rising outdoor recreational practice. Innovations within the domains of optics and hunting technology and camouflage equipment drive consumers to spend more on products.

United Kingdom

Market spending at USD 3.00 per person allows the United Kingdom to maintain a carefully managed game-hunting industry together with developing wildlife management interests. Rising recreational hunting and shooting sports membership and conservation programs drive up demand for top-quality firearms and tracking tools along with hunting apparel.

Germany

Germany dedicates USD 3.50 to its citizens to support its focus on specific engineering methods and proper hunting standards. The market demands advanced and high-performing hunting equipment, sustainable hunting products and precision optics because of strong consumer interest. High-quality equipment utilization is guaranteed by stricter hunting regulations which drives extra spending.

Japan

The Japanese hunting market stays low at USD 2.50 due to national restrictions on firearm ownership and minimal opportunities to hunt. The steady demand for hunting accessories persists because of increasing outdoor survival activities combined with rising interest in bow hunting.

Australia

The Australian hunting market draws its strength from its extensive wide-open lands and extensive pest control hunting priorities at a per capita spending level of USD 4.00. Experts in hunting and sports along with professional hunters maintain robust interest in durable firearms together with advanced optical devices and camouflage gear.

Country-wise Insights

Countries CAGR (2025 to 2035)
United States 4.60%
Australia 7.70%
Germany 5.30%
India 11.3%
China 10.5%

United States Keeps Up Steady Momentum with Established Players Around

Boasting a long and rich history of hunting, the United States has developed a mature hunting equipment and accessory market. However, the United States market is forecasted to record a CAGR of 4.6% during the forecast period, 2025 to 2035, indicating a mature giant.

This moderate growth tends to give an assumption for a focus on consolidations and innovations in the industry. Opportunities lie in developing sophisticated gear, such as ballistics computers and sustainable-hunting-apparel materials, because the industry is already used to rapid growth in emerging markets.

The adoption rate in the USA is not as fast as in the markets that are experiencing rapid growth, but it is still a large market due to the built-up infrastructure and core group of developed consumers.

China Braces for Investment Opportunities, Hunting Equipment Manufacturers Capitalize on Trends

According to forecast statistics, the Chinese market for hunting equipment and accessories will rise at a 10.5% annual growth rate through 2035. Multiple elements contribute to this growth such as the rising middle class with new attitudes and resurging outdoor engagement.

Manufacturers have strong opportunities ahead to serve new generations of hunters because the target market for outdoor gear has reached maturity levels. All these developments are also to be adopted speedily and are expected to quickly overtake mature markets like that of the USA Thus, China is also expected to be one of the significant hubs for players in the upcoming years.

India Likely to Experience Higher Demand for Hunting Equipment & Accessories

A CAGR of 11.3% is anticipated to drive growth in the Indian hunting equipment and accessory industry between 2025 and 2035. The industry growth will strengthen because of a combination of Indian hunting legacy history along with expanding population size and developing interest in outdoor activities. Manufacturers find it convenient to market their products to such a diverse market segment by offering affordable models alongside premium selection options.

Integration of technology into the gear of hunting, ballistics computers, and other forms of advanced optics is likely to be easily accepted by a generation of hunters already into tech. The rapid growth shown by India hints at its future as a major player in the global hunting equipment and accessory market, possibly overshadowing the well-established markets in the years to come.

Category-wise Insights

Ammunition: Ammunition Segment Leads the Hunting Equipment and Accessory Segment with 26.9% Share in 2024

Segment (Product Type) CAGR (2025 to 2035)
Ammunition 6.4%

By product, the ammunition segment secures a dominant position in the market with a 26.9% Share in 2024. Whereas, by distribution channel, specialty stores mark a rapid surge in the demand for hunting equipment and accessories.

The Ammunition segment is anticipated to hold a dominant 27.4% share of the industry in 2025. This dominance cannot be denied, as ammunition is an absolute necessity for any hunting. Besides, continuous advancements in ammunition technology are taking place.

Innovative types of ammunition are constantly being made for all specific hunting scenarios, from long-range precision to ethical harvesting of smaller games. Advancements in the making of this product not only make hunting effective but also cater to the needs of the hunters and their changing preferences, thus keeping the ammunition segment at the forefront of the hunting gear market.

Specialty Stores: Superior Durability and Traditional Appeal of Leather Material Prove Impetus

Segment (Distribution Channel) CAGR (2025 to 2035)
Specialty Stores 6.2%

The specialty stores have marked demand and growth, accounting for 35.8% of the share by the year 2035, due to the increased distribution of hunting equipment and accessories. This is because of the unique value proposition created by the specialty stores.

But the specialty shop, in contrast to mass retailers, offers hunting goods specially selected and designed to suit the needs and wants of hunters of a certain region or for a certain game. But the real deal is in the staff's expertise. Oftentimes, these specialty stores have a staff of highly experienced hunters.

They can give seasoned as well as novice hunters the most useful advice about product selection, equipment fitting, and proper maintenance techniques. This personal touch encourages faith and loyalty among hunters, which positions the specialty stores as buoyant hubs in the hunting equipment and accessory market.

Competition Outlook

Hunting equipment makers contend intensely in the competitive market by implementing combined strategic methodologies to capture increasing market segments. The main focus of research and development takes place at the core where major manufacturers fund the development of innovative products.

This translates to the development of ballistics computers for higher precision, high-performance clothing materials for better comfort and weatherproof features, and the practice of sustainable production methods to reach out to environmentally sensitive consumers.

On top of this, big brands would use sponsorships, sportspeople endorsement, and appropriate marketing strategies to build brand images and customer loyalty in the hunting society. A strong distribution network through specialty stores, online retailers, and distributors in all regions, ensures that the product is maintained in proper availability to reach potential hunters from every part of the world.

Recent Industry Developments

  • Buck Knives, Inc., based in Post Falls, Idaho, USA, cuts deeper onto the outdoor market with the launch of the Model 663 Alpha Guide fixed-blade knife. This new addition complements the time-tested line from the company, ensuring hardcore reliability for outdoor folks.
  • American Outdoor Brands, Inc., based in Springfield, Massachusetts, USA, is making headlines at the 36th Annual ROTH Conference on March 18, 2024. A leading manufacturer of outdoor products and accessories, by being part of the Conference, it highlights its commitment to trillions of industry innovations and investor engagement.
  • Academy Sports and Outdoors, Inc., based out of Katy, Texas, USA, is preparing for expansion with the grand opening of its first store in Fredericksburg, Va. Slated for the fall of 2023, it's another milestone in the retailer's mission to put "fun for all" across the continental USA.

Frequently Asked Questions

What is the future of the global target market?

The market is expected to grow at ~7.3% CAGR between 2025 and 2035.

What was the worth of the global Hunting Equipment and Accessory market in 2025?

The industry stood at USD 27,052.5 million in 2025.

What will be the worth of the global Hunting Equipment and Accessory market by 2035?

The market is projected to reach USD 54,727.3 million by 2035.

Which region will showcase the highest CAGR during the forecast period?

South Asia is expected to grow at a 10.3% CAGR during the forecast period.

Who are the key providers in the global Hunting Equipment and Accessory industry?

Major players American Outdoor Brands Corp., Beretta Holding SA, BPS Direct LLC, Buck Knives, Inc., and Dick’s Sporting Goods, Inc. among others.

Table of Content
  1. Executive Summary
  2. Industry Introduction, Including Taxonomy and Market Definition
  3. Key Trends & Dynamics
  4. Brand Mapping Analysis
  5. Global Market Demand Analysis 2020 to 2024 and Forecast, 2025 to 2035
  6. Pricing Analysis
  7. Global Market Demand (in Value or Size in USD Million) Analysis and Forecast 2025 to 2035
  8. Market Background
  9. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Product Type
    • Ammunition
    • Others
  10. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, by Distribution Channel
    • Specialty Stores
    • Other Distribution Channels
  11. Global Market Analysis 2020 to 2024 and Forecast 2025 to 2035, By Region
    • North America
    • Latin America
    • Europe
    • South Asia
    • East Asia
    • Oceania
    • MEA
  12. North America Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  13. Latin America Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  14. Europe Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  15. South Asia Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  16. East Asia Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  17. Oceania Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  18. MEA Region Sales Analysis 2020 to 2024 and Forecast 2025 to 2035, by Key Segments
  19. Competition Outlook
  20. Company Profile
    • American Outdoor Brands Corp.
    • Beretta Holding SA
    • BPS Direct LLC
    • Buck Knives, Inc.
    • Dick’s Sporting Goods, Inc.
    • SPYPOINT
    • Under Armour, Inc.
    • Spyderco, Inc.
    • Sturm Ruger and Co. Inc.
    • Vista Outdoor Inc.
    • Other Players (As Requested)
  21. Assumptions and Acronyms
  22. Research Methodology

Market Segmentation

By Product Type:

Ammunition and Others are the key segments driving market growth.

By Distribution Channel:

The Distribution Channel is segregated into Specialty Stores and Others.

By Region:

The market spans across North America, Latin America, East Asia, South Asia & Pacific, Western Europe, Eastern Europe, and the Middle East & Africa.

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