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
Market Segmentation
Table of Contents
*Browse 32 market data tables and 28 figures on 'Handgun Market' - Global forecast to 2032
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize Now
Credibility and Certifications
860519526
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
