Global Steel Shooting Target Market Size 2024-2030

According to the new market research report "Global Steel Shooting Target Market 2024 by Company, Regions, Type and Application, Forecast to 2030", published by Global Info Research, the global Steel Shooting Target market size is projected to grow from USD 1.13 billion in 2023 to USD 1.38 billion by 2029, at a CAGR of 3.43% during the forecast period.

According to Global Info Research Top Players Research Center, the global key manufacturers of Steel Shooting Target include Action Target, MGM Targets, Toms Targets, Grizzly Targets, Xsteel Targets, Shoot Steel Inc., Black Carbon , Ar500 Target Solutions, CTS Targets, Qualification Targets, etc. In 2022, the global top 10 players had a share approximately 43.0% in terms of revenue.

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In terms of product type, AR500 Steel Shooting Target is the largest segment, hold a share of 80%.

In terms of product application, Military Target is the largest application, hold a share of 86%.

Market Drivers:

Increasing Popularity of Shooting Sports:

The growing interest and participation in shooting sports, including competitive shooting and recreational shooting, contribute to the demand for steel shooting targets.

Durability and Longevity:

Steel targets are known for their durability and longevity compared to traditional paper or cardboard targets. The need for targets that can withstand repeated use without quickly deteriorating is a significant driver.

Instant Feedback and Gratification:
Steel targets provide immediate visual and audible feedback when hit, offering shooters instant gratification. This real-time feedback enhances the shooting experience and encourages skill improvement.

Restraint:

Safety Concerns and Misuse:
Improper use of steel targets, such as shooting at them from close distances or with certain types of ammunition, can lead to safety concerns. Misuse may result in ricochets or splatter, posing risks to shooters and bystanders.

Environmental Impact:
Steel shooting targets, if not properly maintained, can contribute to environmental concerns. For instance, lead buildup from bullets hitting steel targets may raise environmental issues, requiring proper disposal and cleanup measures.

Noise Levels:
Shooting steel targets can generate loud and distinctive sounds, which may be a concern in residential areas or locations with noise restrictions. This could limit the establishment or expansion of shooting ranges using steel targets.

Opportunity:
Increasing Popularity of Shooting Sports:
As shooting sports continue to gain popularity globally, there is a growing market for steel shooting targets. The expansion of shooting events, competitions, and recreational shooting activities creates opportunities for target manufacturers and distributors.

Innovation in Target Design and Technology:
Ongoing innovation in target design and technology, such as the development of self-resetting or reactive steel targets, presents a significant opportunity. Targets with advanced features can attract a wider range of shooters and enhance the overall shooting experience.

Educational Programs and Safety Initiatives:
Opportunities exist for industry stakeholders to invest in educational programs and safety initiatives. Promoting proper use, safety guidelines, and responsible shooting practices can address concerns and encourage more individuals to adopt steel targets.

Customization for Specialized Training:
Offering customizable steel targets for specialized training needs, such as law enforcement or military applications, presents an opportunity. Meeting the diverse requirements of different user groups can expand the market share of steel targets.

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