North America in Small Arms Market Is Projected to Contribute the Largest Share from 2020 to 2025

Northbrook, IL -- (SBWIRE) -- 09/30/2021 -- The small arms market size is projected to grow from USD 8.6 billion in 2020 to USD 9.6 billion by 2025, at a CAGR of 2.1% from 2020 to 2025. Factors such as the changing nature of warfare, the militarization of police forces, the increasing incidence of drug trafficking and terrorist activities, and the modernization of armed forces are driving factors assisting the growth of the small arms market.
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