The global guns and accessories market was valued at USD 7.12 billion in 2024 and is projected to grow to USD 10.15 billion by 2032, expanding at a compound annual growth rate (CAGR) of 4.6% during the forecast period. In 2025, the market is expected to reach USD 7.39 billion. North America led the market in 2024, accounting for the largest share at 34.27%.

The global guns and accessories market has witnessed substantial growth in recent years, driven by factors such as increasing demand for firearms for personal defense, hunting, and recreational shooting. Additionally, the expanding popularity of firearms in emerging economies has bolstered the market's growth. With advancements in technology and increasing military spending, the guns and accessories market is set to continue its upward trajectory in the coming years.

Key Players in the Guns and Accessories Market

Several prominent players dominate the guns and accessories market, offering a wide range of firearms, parts, and accessories. Some of the top companies include:

• AMERICAN OUTDOOR BRANDS INC. (the U.S.)
• Fabbrica d'Armi Pietro Beretta S.p.A. (Italy)
• FN HERSTAL (Belgium)
• General Dynamics Corporation (the U.S.)
• Heckler & Koch GmbH (Germany)
• Lockheed Martin Corporation (the U.S.)
• Northrop Grumman Corporation (the U.S.)
• REMINGTON OUTDOOR COMPANY (the U.S.)
• Savage (Massachusetts, the U.S.)
• Sturm, Ruger & Co., Inc. (the U.S.)
• TAURUS INTERNATIONAL MANUFACTURING, INC. (the U.S.)

These companies are engaged in constant innovation, improving the functionality and precision of their products. They are also expanding their footprints in emerging markets, contributing to the overall market growth.

Browse In-depth Summary of this Research Insight:

https://www.fortunebusinessinsights.com/gun-and-accessories-market-103536