According to IMARC Group’s latest report, titled “Small Arms Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global small arms market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Small arms are portable and lethal weapons designed to launch a shot, bullet, or projectile by explosive action. They include assault rifles, revolvers, self-loading pistols, carbines, and light and sub-machine guns. Additionally, they have stock, barrel, action, and other operati…

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