Small Arms Market Size, Share, and Forecast 2022 – 2032.
The Global Small Arms Market size is anticipated to exceed USD 13.23 billion by 2032, growing at a CAGR of 4.3% from 2022 to 2032. The rising demand for personal safety, violence, and international conflicts are among the main drivers of the Small Arms Industry's growth. Furthermore, an increase in terrorist attacks, cross-border conflicts, and asymmetric warfare has increased demand for small arms from defense as well as law enforcement organizations.