Global Firearms Industry Poised for Strong Growth

The global firearms market is experiencing significant momentum, reaching a valuation of USD 41.6 billion in 2024. According to IMARC Group, the market is set to surge to USD 68.3 billion by 2033, growing at a steady CAGR of 5.7% from 2025 to 2033. This upward trend is fueled by increasing concerns around personal safety and self-defense, a rising need for advanced weaponry in the defense sector, and the expanding popularity of shooting sports and recreational firearm use. Visit us- https://www.imarcgroup.com/firearms-market-report