Pistol/Weapon market growing or decreasing?

[Guest61835]

So I found this on the news today:

Walmart ends all handgun ammunition sales and asks customers not to carry guns into stores

Walmart on Tuesday announced it will reduce its gun and ammunition sales, one month after more than 20 people were killed in a mass shooting at a Walmart in El Paso, Texas. Walmart also pressured Congress to enact gun safety measures.

www.google.com

To make this short and sweet, looks like the small weapon/pistol market is going to grow substantially since Walmart is no longer selling pistols/small arms anymore. This eliminates them as a competitor in this aspect and allow for gun shops or Businesses to sell that ammo and generate more sales.

Potentially good market to get into now in USA. Anyone have any thoughts? Just noticed this today.

 

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[Dan_Cardone]

AFAIK wal mart has never sold handguns. They sell hunting rifles and shotguns.

 

[Guest61835]

AFAIK wal mart has never sold handguns. They sell hunting rifles and shotguns.

At my Walmart, for the longest time they sold pistols and many weapons such as AR-15 and such. We had multiple of them till a few years back. Then finally recently in the last couple years or so, they got rid of all the hand guns at our store in my hometown. You can still buy some pistols at other Walmarts I've been too but there are almost none of them.

 

[WHY]

If we think of pistols and weapons they are a necessary aspect to civilization. If you want to include them into "taboos" a ton of people will always be buying them same with cigarettes, violence, etc etc. So in terms of the small market I don't think Walmart was ever "real" competition in terms of the market. As with any of these big markets getting in is all about what newer value you are bringing. I think it'd be hard to really just start off making a better glock or ammunition.

 

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[PizzaOnTheRoof]

The market is definitely growing day by day. New pistols are being released every few years with some pretty cool innovations.

About to pick up a Sig P365 myself...

 

[Entre Eyes]

If we think of pistols and weapons they are a necessary aspect to civilization.

A little ambiguity sprinkled on that.

China does not allow its citizens to posses firearms but builds up their Defense with new weapons constantly.

 

[biophase]

Potentially good market to get into now in USA. Anyone have any thoughts? Just noticed this today.

I don’t quite understand your logic. So Walmart stops selling handguns, does this mean you are going to open up a gun store? The store could not scale.

Would your only competitive advantage be that Walmart is not selling guns in your location anymore?

I just don’t see how this news would compel somebody to get into the gun business. I guess maybe if you were a bass pro shops or a Cabela’s you would see an increase in sales.

 

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[Guest61835]

I don’t quite understand your logic. So Walmart stops selling handguns, does this mean you are going to open up a gun store? The store could not scale.

Would your only competitive advantage be that Walmart is not selling guns in your location anymore?

I just don’t see how this news would compel somebody to get into the gun business. I guess maybe if you were a bass pro shops or a Cabela’s you would see an increase in sales.

It was just a random thought I had basically. Not going to business even remotely regarding any of this. I'm starting a Web design business next week. So ya.

 

[tylerwilkinson]

Feels like it’s growing in RI. Lots of stores have popped up in that last five years. I like it. Not everybody does. For a blue state we have some pretty lax gun laws, but I fall into the “I should be able to own a tank with a machine gun” 0.01% of voters.

I have seen one gun store close their doors, but only when another opened up on the next block. Tactical seems to be growing. We have lots of otherwise liberal shooting enthusiasts.

 

[Dan_Cardone]

The entire "tactical" community is growing.

 

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[Invictus]

You can order a firearm online and have it shipped to any local dealer for a small charge (I think $25 is standard)?

As a whole, I think this market is just going to grow.

I'm going to get slightly political (if I go to far, my apologies), but only to discuss how this affects things in a business sense.

There's a growing vocal group about gun laws, but there's also growing groups of liberals that are adopting firearms. Groups like the Pink Pistols, Liberal Gun Club, and a few others have all launched or expanded heavily in recent years. After all, if you feel you are under attack, it makes sense to be armed.

In fact, they'd grow faster if so much gun business wasn't conservative. For example, one of the groups I'm in is staunchly pro-gun while also being heavily anti-NRA. So they get annoyed when businesses package their buys with NRA flyers/sign-up sheets or have their info sold to mailing lists.

This leaves a wide-open market for manufacturer or shop (accessory or otherwise) to target a group that feels lefts out when exercising their right.



This is not me taking a stand either way, and I do NOT want to hear your opinion on conservatives/liberals/the NRA/Trump/Obama or anything else.

 

[Dan_Cardone]

Here in Ohio even hardcore liberals own guns.

That said, I believe its still overwhelmingly the more right learning people who spend the most on firearms and accessories.

The real profitable market thats growing is high end kydex holster makers.