HANDGUN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

Handgun Market, By Type (Revolvers, Single-Shot Handguns, and Others), By Operation (Automatic, Semi-Automatic, and Manual), By End User (Defense & Homeland Security, Self-Defense, Sports, Hunting, and Law Enforcement), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

Published In: 08 Nov, 2025
Code: CMI8828
Pages: 140
Formats: Excel and PDF
Industry: Aerospace and Defense
- Historical Range: 2020 - 2024
- Forecast Period: 2025 - 2032

The Global Handgun Market is estimated to be valued at USD 3.45 Bn in 2025 and is expected to reach USD 4.99 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.4% from 2025 to 2032. The global handgun market represents a significant segment of the broader firearms industry, encompassing a diverse range of pistols and revolvers designed for personal protection, law enforcement, military applications, and recreational shooting activities. Handguns, characterized by their compact size and single-handed operation capability, have evolved considerably from their early mechanical designs to incorporate advanced materials, precision engineering, and sophisticated safety mechanisms.

Market Dynamics

The global handgun market experiences robust growth driven by multiple interconnected factors that shape its trajectory across different regions and market segments. Primary market drivers include escalating personal security concerns amid rising crime rates in urban areas, expanding concealed carry permit legislation across various jurisdictions, increasing participation in recreational shooting sports and competitive shooting events, and ongoing military and law enforcement modernization programs seeking enhanced firepower and reliability.

Key Features of the Study

This report provides in-depth analysis of the global handgun market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global handgun Smith & Wesson, Glock, Inc., Sig Sauer, Beretta S.p.A., Ruger (Sturm, Ruger & Co., Inc.), Colt's Manufacturing Company LLC, Springfield Armory, Taurus Holdings, Inc., Walther Arms, Inc., Heckler & Koch, FN Herstal, Bersa, Canik, CZUB (Ceská Zbrojovka), and Kahr Arms
Key companies covered as a part of this study include leading manufacturers and suppliers in the handgun industry
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global handgun market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global handgun market

Market Segmentation

Type Insights (Revenue, USD Bn, 2020 - 2032)
- Revolvers
- Single-Shot Handguns
- Others
Operation Insights (Revenue, USD Bn, 2020 - 2032)
- Automatic
- Semi-Automatic
- Manual
End User Insights (Revenue, USD Bn, 2020 - 2032)
- Defense & Homeland Security
- Self-Defense
- Sports
- Hunting
- Law Enforcement
Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Europe
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
- Asia Pacific
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
- Middle East
  - GCC Countries
  - Israel
  - Rest of Middle East
- Africa
  - South Africa
  - North Africa
  - Central Africa
Key Players Insights
- Smith & Wesson
- Glock, Inc.
- Sig Sauer
- Beretta S.p.A.
- Ruger (Sturm, Ruger & Co., Inc.)
- Colt's Manufacturing Company LLC
- Springfield Armory
- Taurus Holdings, Inc.
- Walther Arms, Inc.
- Heckler & Koch
- FN Herstal
- Bersa
- Canik
- CZUB (Ceská Zbrojovka)
- Kahr Arms

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Global Handgun Market, By Type
  - Global Handgun Market, By Operation
  - Global Handgun Market, By End User
  - Global Handgun Market, By Region
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
Global Handgun Market, By Type, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Revolvers
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Single-Shot Handguns
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Handgun Market, By Operation, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Automatic
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Semi-Automatic
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Manual
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Handgun Market, By End User, 2020-2032, (USD Bn)
- Introduction
  - Market Share Analysis, 2025 and 2032 (%)
  - Y-o-Y Growth Analysis, 2021 - 2032
  - Segment Trends
- Defense & Homeland Security
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Self-Defense
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Sports
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Hunting
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
- Law Enforcement
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Global Handgun Market, By Region, 2020 - 2032, Value (USD Bn)
- Introduction
  - Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
  - Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  - Regional Trends
- North America
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - Germany
    - U.K.
    - Spain
    - France
    - Italy
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - China
    - India
    - Japan
    - Australia
    - South Korea
    - ASEAN
    - Rest of Asia Pacific
- Middle East
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    - GCC Countries
    - Israel
    - Rest of Middle East
- Africa
  - Introduction
  - Market Size and Forecast, By Type, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Operation, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By End User, 2020 - 2032, Value (USD Bn)
  - Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    - South Africa
    - North Africa
    - Central Africa
Competitive Landscape
- Smith & Wesson
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Glock, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Sig Sauer
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Beretta S.p.A.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Ruger (Sturm, Ruger & Co., Inc.)
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Colt's Manufacturing Company LLC
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Springfield Armory
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Taurus Holdings, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Walther Arms, Inc.
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Heckler & Koch
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- FN Herstal
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Bersa
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Canik
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- CZUB (Ceska Zbrojovka)
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
- Kahr Arms
  - Company Highlights
  - Product Portfolio
  - Key Developments
  - Financial Performance
  - Strategies
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
References and Research Methodology
- References
- Research Methodology
- About us

*Browse 32 market data tables and 28 figures on 'Handgun Market' - Global forecast to 2032

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