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Home » Global Firearms Market to Surge to USD 62.13 Billion by 2032 Amid Technological Advancements and Regulatory Shifts
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Global Firearms Market to Surge to USD 62.13 Billion by 2032 Amid Technological Advancements and Regulatory Shifts

By News RoomJanuary 16, 20265 Mins Read
Global Firearms Market to Surge to USD 62.13 Billion by 2032 Amid Technological Advancements and Regulatory Shifts
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Global Firearms Market to Surge to USD 62.13 Billion by 2032 Amid Technological Advancements and Regulatory Shifts

Dublin, Jan. 16, 2026 (GLOBE NEWSWIRE) — The “Firearms Market – Global Forecast 2026-2032” has been added to ResearchAndMarkets.com’s offering.

The firearms market is progressing through a pivotal era characterized by technological advancements, regulatory transformations, intricate procurement processes, and expanded end-user expectations. Industry leaders need adept strategies to maintain competitiveness and ensure strategic growth within this dynamic landscape.

Firearms Market Snapshot

The firearms market has experienced significant growth, from USD 42.21 billion in 2025 to USD 44.51 billion in 2026, with forecasts predicting a surge to USD 62.13 billion by 2032. This is driven by a compound annual growth rate (CAGR) of 5.67%. This growth spans civilian, law enforcement, military, and private security sectors. Procurement strategies are increasingly influenced by fluctuating supply chains and regulatory amendments. For decision-makers, this report provides the tools to develop adaptive approaches to demand forecasting and channel selection necessary for each segment.

Scope & Segmentation of the Firearms Ecosystem

Our in-depth analysis spans the entire firearms ecosystem, detailing sector-specific elements across product lines, technologies, applications, and regional influences. Tailored strategies are essential for navigating procurement and product strategies within each segment.

  • Product Types: Key categories include handguns (pistols, revolvers), muzzleloaders, rifles, and shotguns, each aligning with specific buying behaviors.
  • Bore Types: Offers include rifled and smooth bore options, meeting various modern and traditional use cases.
  • Action Mechanisms: Markets are distinguished by bolt, lever, and self-loading systems, which affect maintenance and lifecycle cost considerations.
  • Applications: Civilian activities such as collecting, hunting, personal protection, and recreational shooting drive diverse product specifications.
  • End-Users: Servicing individuals, law enforcement, military, and security firms, each with unique compliance and support needs.
  • Technologies: Features like polymer integration, modular design, additive manufacturing, smart accessories, and advanced storage enhance product and service performance.
  • Regional Scope: Opportunities and compliance requirements vary across Americas, Europe, Middle East & Africa, and Asia-Pacific, necessitating distinct market entry strategies.

Key Takeaways from This Report

  • Align product development closely with shifting regulatory landscapes to facilitate market entry and reduce launch timelines.
  • Develop platform-based solutions emphasizing modular designs and lifecycle supports to differentiate offerings and achieve competitive gains.
  • Optimize distribution frameworks by adopting digital and direct channels for enhanced engagement and real-time demand insights.
  • Formulate strategies for each segment to maximize the value proposition and long-term engagement with distinct procurement needs.
  • Centralize process standardization with product adaptations to ensure compliance across various regions.
  • Invest in strategic alliances, vertical integration, and enhanced aftermarket services to boost market advantage and successfully navigate key market regulations.

Key Attributes

Report Attribute Details
No. of Pages 180
Forecast Period 2026-2032
Estimated Market Value (USD) in 2026 $44.51 Billion
Forecasted Market Value (USD) by 2032 $62.13 Billion
Compound Annual Growth Rate 5.6%
Regions Covered Global

Key Topics Covered

1. Preface

2. Research Methodology

3. Executive Summary
3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview
4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights
5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025

7. Cumulative Impact of Artificial Intelligence 2025

8. Firearms Market, by Type
8.1. Handguns
8.1.1. Pistols
8.1.2. Revolvers
8.2. Muzzleloaders
8.3. Rifles
8.4. Shotguns

9. Firearms Market, by Bore Type
9.1. Rifled
9.2. Smooth Bore

10. Firearms Market, by Action Mechanism
10.1. Bolt
10.2. Lever
10.3. Self-loading

11. Firearms Market, by Application
11.1. Civilian
11.1.1. Collecting
11.1.2. Hunting
11.1.3. Personal Protection
11.1.4. Recreational Shooting
11.2. Law Enforcement

12. Firearms Market, by End-User
12.1. Individuals
12.2. Law Enforcement Agencies
12.3. Military
12.4. Security Companies

13. Firearms Market, by Region
13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Firearms Market, by Group
14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Firearms Market, by Country
15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Firearms Market

17. China Firearms Market

18. Competitive Landscape
18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Anderson Manufacturing Company, Inc.
18.6. Barrett Firearms Manufacturing, Inc.
18.7. Benelli Armi S.p.A.
18.8. Benelli Q.J.
18.9. Black Rain Ordnance Inc.
18.10. China North Industries Corporation
18.11. Colt’s Manufacturing Company, LLC
18.12. Diamondback Firearms LLC
18.13. Dynamit Nobel Defence GmbH
18.14. Fabbrica d’Armi Pietro Beretta S.p.A.
18.15. FN America, LLC
18.16. Forjas Taurus S.A.
18.17. General Dynamics Ordnance and Tactical Systems, Inc.
18.18. GLOCK, Inc.
18.19. Henry RAC Holding Corp.
18.20. Heritage Manufacturing, Inc.
18.21. Hi-Point Firearms
18.22. Industria de Material Belico do Brasil – IMBEL
18.23. JSC Kalashnikov Concern
18.24. Kalashnikov Concern JSC
18.25. KelTec CNC Industries, Inc.
18.26. KIMBER MFG., INC.
18.27. Legacy Sports International Inc.
18.28. O. F. Mossberg & Sons, Inc.
18.29. Radical Firearms, LLC
18.30. RemArms LLC
18.31. Ruger and Co., Inc.
18.32. Sarsilmaz Silah Sanayi A.S.
18.33. Savage Arms, Inc.
18.34. SCCY Industries, LLC.
18.35. Sig Sauer, Inc.
18.36. SMITH & WESSON BRANDS, INC.
18.37. Springfield Armory Inc.
18.38. SSS Defence Private Limited
18.39. Steyr Arms GmbH
18.40. Walther Arms, INC.
18.41. Yantra India Limited
18.42. Zastava Oruzje A.D.

List of Figures: 13 figures included

List of Tables: 202 tables included

For more information about this report visit https://www.researchandmarkets.com/r/6bhyb3

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


            
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