The Latin America, Middle East and Africa Airsoft Guns Market would witness market growth of 9.5% CAGR during the forecast period (2023-2030).
Airsoft guns are replicas of the actual firearm designed to shoot non-metallic projectiles. These air guns are made to fire sphere-shaped projectiles made of non-metallic materials like plastic or other materials that are not biodegradable. Sports, law enforcement, and military training are the primarily uses for airsoft weapons. In several nations, owners and enthusiasts of airsoft guns must be members of an official organization or federation. Several countries have established criteria and guidelines for using airsoft guns due to the rising use of these weapons.
The primary driver of market expansion is anticipated to continue to be the growing interest among millennials in intense sports to lower stress from demanding jobs. Additionally, the market is expected to rise over the next few years due to the growing relevance of leisure activities, such as target shooting sports, due to their presence in more locations, such as family entertainment centres. The use of airsoft guns is also increasing in military and law enforcement training programs. Furthermore, the popularity of airsoft guns is also among people of all ages as a hobby.
Influencers have helped the sport become popular. In the United Arab Emirates, South Africa, and Saudi Arabia, the number of airsoft events is growing more quickly. Operation Sandstorm is an annual airsoft event held in Saudi Arabia. It features milsim scenarios set in desert environments and draws participants from the Middle East and beyond. Brazil has a thriving airsoft community, and the Brazilian Airsoft League organizes competitive tournaments and events across the country, attracting teams and players from different regions.
These events showcase the growing popularity of airsoft in the Middle East and Latin America, with enthusiasts coming together to enjoy the sport, develop their skills, and build a sense of camaraderie within the airsoft community. As the sport continues to expand in these regions, it’s likely that more diverse and exciting events will be organized to cater to the interests and preferences of players. Such elements will aid in the expansion of the regional market in the coming years.
The Brazil market dominated the LAMEA Airsoft Guns Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $60.8 Million by 2030. The Argentina market is showcasing a CAGR of 10.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.2% during (2023 - 2030).
Based on Product, the market is segmented into Handgun, Rifle, Shotgun and Muzzle Loading. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Airsoft Guns Market is Projected to reach USD 3.2 Billion by 2030, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Valken Inc., Colt CZ Group (Colt Holding Company LLC), ICS Airsoft, Inc., Crosman Corporation (Compass Diversified Holdings), Lancer Tactical, Inc., KRISS USA, Inc., Guay Guay Trading Co. Ltd. (G&G ARMAMENT), HFC Ballistic Breakthru Gunnery Corporation, A&K AIRSOFT LTD, and Tokyo Marui Co., Ltd.
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