North America Dominates: U.S. Gun Ownership Rates and Second Amendment Influence on Market Growth
The global guns and accessories market, valued at USD 5.76 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 7.5% during the forecast period, driven by rising demand for personal security, military modernization, and recreational shooting activities. This expansion is not uniform across regions, as geopolitical instability, regulatory frameworks, and cultural...
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