Global Handguns Market Trends

Request for TOC Request for TOC Speak to Analyst Speak to Analyst Buy Now Buy Now Inquire Before Buying Inquire Before Free Sample Report Free Sample Report

Global Handguns Market Size, Share, and Trends Analysis Report Trends

  • FMCG
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Increasing Safety Concerns”

Increasing safety concerns, driven by rising crime rates and personal security issues, have significantly boosted the demand for handguns for self-defense. As reports of violent crimes and property offenses become more prevalent, individuals are increasingly seeking effective means to protect themselves and their families. This heightened awareness has led to a cultural shift, where carrying a handgun is often viewed as a necessary precaution rather than a luxury. Moreover, urbanization and socio-economic factors contribute to perceived threats, prompting many to prioritize personal safety. Legal changes in various regions, which have made it easier to obtain permits for handgun ownership, further fuel this trend. Gun manufacturers are responding by developing more accessible and user-friendly models, ensuring that first-time buyers feel confident in their ability to handle firearms safely. This convergence of safety concerns, legal reform, and consumer awareness continues to drive the growth of the handgun market, particularly in self-defense applications.

Frequently Asked Questions

The market is segmented based on Segmentation, By Type (Revolvers, Semi-Automatic Pistols, Single-Shot Handguns, and Others), Material (Metal, Polymer, and Composite Materials), Application (Personal Defense, Law Enforcement, Military, Sports Shooting, and Collecting), Distribution Channel (Online Sales, Offline Retail, and Specialty Stores)– Industry Trends and Forecast to 2031 .
The Global Handguns Market size was valued at USD 2.88 USD Billion in 2023.
The Global Handguns Market is projected to grow at a CAGR of 5.2% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.