Dublin, July 29, 2020 (GLOBE NEWSWIRE) — The “Global Small Arms Market (Value and Volume): Focus on Gun Type (Handguns, Rifles, and Shotguns), Cutting Type (Rifled/ Threaded Bore and Smooth Bore), Operation Type (Automatic, Semi-Automatic and Manual), Caliber and Application – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
Global Small Arms Market Forecast, 2020-2025
The global small arms market is expected to witness static growth during the forecast period 2020-2025, due to the rising demand from civilian (self-defense). A wide-range of firearms has been adopted by the defense forces of various nations in regions such as North America, Europe, and Asia-Pacific, among others in order to protect their countries from wars, conflicts, and terrorist activities. Of late, with the rising interests of people in activities such as hunting and shooting along with the rising concern for personal defense, the small arms industry has been observing a robust growth. For instance, trends such as trophy hunting or target shooting have become popular in major countries around the world. Moreover, the various regions of the world are increasing their defense expenditure to be more stable and competitive at the