Shooting Ranges in the US Industry Market Research Report Now Available from IBISWorld

Los Angeles, CA (PRWEB) October 17, 2013

Over the five years to 2013, declining per capita disposable income, coupled with weakening consumer sentiment surrounding firearms, has caused demand for the Shooting Ranges industry to wane. Consequently, revenue has fallen in four out of the past five years, averaging at a 0.5% decline to an expected $ 535.8 million by the end of 2013. Disposable incomes have fallen by 0.2% per year, on average, causing consumers to cut back discretionary spending. Instead of visiting shooting ranges, they have largely opted for low-cost or free outdoor activities, such as running. Despite disposable incomes rising in 2013, IBISWorld anticipates external competition to continue defining industry trends and causing revenue to drop 1.4% over the year.

According to IBISWorld Industry Analyst Nikoleta Panteva, “Rising competition and waning demand have also negatively affected the industry.” Operators have vied to remain relevant by cutting admission fees. Meanwhile, the price for ammunition (a key purchasing cost for this industry) has grown steadily over the past five years. Operators that have not been able to retain profit have been forced to exit the industry. The number of establishments has declined at an average annual rate of 0.8% to 2,202 ranges in 2013. Furthermore, the Shooting Ranges industry is highly fragmented and has a low level of concentration.

IBISWorld does not forecast a turnaround for the Shooting Ranges industry over the five years to 2018. “External competition will heighten as Americans return to work and their free time becomes scarcer,” says Panteva. Moreover, potentially tighter gun control legislation may limit patrons’ accessibility to firearms and ammunition, further constricting demand. However, industry associations and organizations are focusing on recruiting young patrons to shooting activities, which may help boost industry demand over the next five years.

For more information, visit IBISWorlds Shooting Ranges in the US industry report page.

Follow IBISWorld on Twitter:!/IBISWorld.

Friend IBISWorld on Facebook:

IBISWorld industry Report Key Topics

The Shooting Ranges in the US industry provides indoor and outdoor targets for firing weapons, which may include handguns, shotguns, rifles and other arms. Handgun ranges typically have their own indoor stations, while rifles can be shot at disks and a variety of other targets.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

Globalization & Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

This entry was posted in Marketing and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply