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Research Outline

Prepared for Tom F. | Delivered March 28, 2021

Gun Shooting Range Market - United States

Goals

To provide a market analysis of gun shooting ranges in the United States. The data to include market statistics, shooting-range locations, number of customers and the frequency of customers, gun shooting-range facility sizes, market leaders, data about the debt & income, number of business for sale, and the price ranges. To also establish any attempts of gun shooting ranges in creating a national brand.

Early Findings

Insights

  • The shooting-range revenue was expected to increase by only 0.5% in 2020, from the initial projected 4.6%, due to the Covid-19 pandemic. The NSSF (National Shooting Sports Foundation) study indicates that the overall participation increased by 28% and 81% for women over the last 20 years. 
  • The market size for shooting ranges in the United States was $4 billion in 2020, with 11,471 operational businesses. The market size of shooting ranges by revenue is expected to reach $3.8 billion by the end of 2021.
  • Some well-known shooting ranges in the United States include the Colonial Shooting Academy Richmond, Virginia, Bristlecone in Denver, Colorado, and Sand and Sage Rifle and Pistol Club.
  • According to the Statista Research Department survey, 42% of people who buy guns try them at a shooting-range before purchasing. There were 30.46 million participants in target shooting in 2017 in the United States. The participants are aged six years old and above.
  • Research by Research and Markets projects a $475.02 million growth in the shooting ranges market, at a CAGR of 8%, between 2020 to 2024.

Research Summary

  • The initial one-hour research established some shooting-range market statistics, such as the market size, number of participants, the market growth rate, and few shooting ranges in the United States. Due to time constraints, we did not expand the research to address all the required data points.