South Africa Hunting Equipment & Accessories Market Size & Outlook
The hunting equipment & accessories market in South Africa is expected to reach a projected revenue of US$ 2,260.9 million by 2030. A compound annual growth rate of 8.6% is expected of South Africa hunting equipment & accessories market from 2024 to 2030.
South Africa hunting equipment & accessories market highlights
The South Africa hunting equipment & accessories market generated a revenue of USD 1,272.8 million in 2023 and is expected to reach USD 2,260.9 million by 2030.
The South Africa market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
In terms of segment, gun & rifles was the largest revenue generating product in 2023.
Ammunition is the most lucrative product segment registering the fastest growth during the forecast period.
Hunting equipment & accessories market data book summary
Market revenue in 2023
USD 1,272.8 million
Market revenue in 2030
USD 2,260.9 million
Growth rate
8.6% (CAGR from 2023 to 2030)
Largest segment
Gun & rifles
Fastest growing segment
Ammunition
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Gun & Rifles, Archery, Ammunition, Auxiliary Equipment, Other
Key market players worldwide
American Outdoor Brands Inc Ordinary Shares, Vista Outdoor Inc, Sturm Ruger & Co Inc, Dick's Sporting Goods Inc, SPYPOINT, Under Armour Inc Class A, Beretta, Spyderco, Bass Pro Shops, Buck Knives
Other key industry trends
In terms of revenue, South Africa accounted for 5.6% of the global hunting equipment & accessories market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, South Africa hunting equipment & accessories market is projected to lead the regional market in terms of revenue in 2030.
South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,260.9 million by 2030.
South Africa Hunting Equipment & Accessories Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Hunting Equipment & Accessories Market Outlook will help companies and investors design strategic landscapes.
Gun & Rifles was the largest segment with a revenue share of 24.75% in 2023.
Horizon Databook has segmented the South Africa hunting equipment & accessories market based on gun & rifles, archery, ammunition, auxiliary equipment, other covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa Hunting Equipment & Accessories Market Product Type Outlook (Revenue, USD Million , 2018-2030)
Gun & Rifles
Archery
Ammunition
Auxiliary Equipment
Other
South Africa Hunting Equipment & Accessories Market End User Outlook (Revenue, USD Million , 2018-2030)
Individual
Commercial
South Africa Hunting Equipment & Accessories Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
Supermarkets/Hypermarkets
Specialty Stores
Online
Others
Reasons to subscribe to Hunting Equipment & Accessories Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Hunting Equipment & Accessories Market Outlook databook
Our clientele includes a mix of Hunting Equipment & Accessories Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa Hunting Equipment & Accessories Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Africa Hunting Equipment & Accessories Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Africa Hunting Equipment Accessories Market, 2018-2030 (US$M)