Date: Mar 2023
Date: Mar 2023
The Market Statsville Group (MSG) publishes the new report on the "Holster Market By Raw Material, Type (Belt Holster, Shoulder Holster, Ankle, Bandolier, Laser, Clip Holster, Others), by Pricing (Below US$ 75, US$ 75 to US$ 180, Above US$ 180), by Size, by Distribution Channel (Offline Channel, Online Channel), by End-User, By Region – Global Share and Forecast to 2033
According to the Market Statsville Group (MSG), the global holster market size is expected to grow from USD 1.88 million in 2022 to USD 2.86 million by 2033, at a CAGR of 8.1% from 2023 to 2033.
The holster market consists of sales of holster services by entities (organizations, sole traders, and partnerships). The global holster market is expected to grow at a steady pace during the forecast period, driven by increasing demand for innovative and customized holsters. The market is driven by factors such as rising adoption of firearms for self-defense, growth in military and law enforcement agencies, and the increasing popularity of shooting sports. The demand for smart holsters and 3D printed holsters is expected to drive the market growth, as they offer improved functionality, customization, and security.
The market is highly competitive, with a large number of players offering a wide range of holster styles and customization options. The larger players in the market include Blackhawk, Galco International, Ltd., The Safariland Group, Smith & Wesson, and Vista Outdoor, while there are also several medium and small players competing in the market.
The overall holster market has been segmented into raw material, type, pricing, size, distribution channel, end user, and region.
Belt segment is expected to grow at the highest CAGR during the forthcoming period. Belt holsters are a popular choice for gun owners who prefer to carry their firearms on their waistband. These holsters are designed to securely hold the firearm and provide quick access in case of an emergency. Belt holsters are available in different materials, including leather, nylon, and polymer, to suit the needs of different customers.
The popularity of belt holsters can be attributed to their practicality and convenience. Belt holsters are easy to use, and they offer a comfortable and secure fit for the firearm. Moreover, belt holsters are widely used by law enforcement officers and military personnel, which further enhances their popularity among gun owners. Due to these reasons this segment had registered the highest market shared over the forecasting period.
Over the forecast period, the Asia Pacific market is expected to grow rapidly. This can be attributed to the increasing demand for firearms and related accessories in the region, driven by factors such as rising concerns over personal safety and the increasing participation of individuals in shooting sports. The growth of the Asia Pacific holster market is also driven by the increasing adoption of firearms by law enforcement agencies and military personnel in the region.
This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the holster market. It also consists of the profiles of leading companies such as 5.11 Tactical, The Safariland Group, Galco International, Crossbreed Holster, Smith & Wesson, Blade Tech Holsters, Bulldog Cases & Vaults, Tedder Industries, NcSTAR Inc., Vista Outdoor, High Noon Holsters, Blackarch Holsters, MTR Custom Leather LLC, Dara Holsters and Bravo Concealment Holsters. The key players' growing research and development activities for launching innovative healthcare devices with advanced features and strategic unions are expected to drive market growth.
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