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Handgun Market

Publisher Coherent Market Insights
Published Nov 08, 2025
Length 140 Pages
SKU # CMI20658567

Description

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 (Ceska Zbrojovka)
  • Kahr Arms

Table of Contents

140 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. 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
3. 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
4. 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)
5. 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)
6. 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)
7. 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
8. 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
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. 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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