Product Code: ETC087651 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh Small Arms Market is characterized by a high demand for small arms and light weapons due to security concerns, political instability, and the presence of various armed groups. The market is predominantly driven by the military and law enforcement sectors, with a growing emphasis on modernizing and upgrading equipment. Local manufacturers, as well as international suppliers, play a significant role in meeting the demand for small arms in Bangladesh. The government`s efforts to enhance its defense capabilities and combat illicit arms trafficking contribute to the market`s growth. However, challenges such as inadequate regulations, smuggling activities, and the presence of counterfeit products pose threats to the market`s stability and integrity. Overall, the Bangladesh Small Arms Market presents opportunities for both domestic and foreign suppliers to cater to the country`s security needs.
The small arms market in Bangladesh is experiencing a growing demand for pistols and handguns, driven primarily by concerns around personal safety and self-defense. The market is also witnessing a shift towards compact and concealable firearms, reflecting a preference for easy carry and use in urban environments. Additionally, there is a noticeable trend towards the adoption of modern and technologically advanced features in small arms, such as improved ergonomics, integrated sights, and enhanced magazine capacities. The market is also seeing an increase in the availability of imported firearms, particularly from countries like Turkey and Italy, offering a wider range of options for consumers. Overall, the Bangladesh small arms market is evolving to meet the changing needs and preferences of consumers seeking reliable and efficient self-defense solutions.
The Bangladesh Small Arms Market faces numerous challenges, including the proliferation of illegal arms trafficking, lack of stringent regulations and enforcement measures, and the presence of unregistered weapons. The porous borders with neighboring countries also contribute to the influx of illegal firearms into the market, fueling crime and instability. Additionally, the widespread poverty and political unrest in Bangladesh create a fertile ground for the demand and supply of small arms. The lack of proper monitoring and control mechanisms further exacerbates the situation, making it difficult to curb the illegal trade and ensure the safety and security of the population. Addressing these challenges requires a comprehensive approach that involves strengthening regulatory frameworks, improving border control measures, and enhancing collaboration with international partners to combat illicit arms trafficking effectively.
The Bangladesh Small Arms Market presents various investment opportunities for both domestic and international investors. With the country`s increasing focus on defense modernization and security measures, there is a growing demand for small arms and ammunition. Investing in manufacturing facilities for small arms, ammunition production, and technology upgrades can be lucrative ventures. Additionally, partnerships with local companies or government agencies to provide training and support services for small arms usage could also be a profitable opportunity. Understanding the regulatory environment and compliance requirements in the small arms industry in Bangladesh is crucial for successful investment in this sector. Overall, the Bangladesh Small Arms Market offers potential for growth and diversification for investors looking to capitalize on the country`s security needs.
The Bangladesh government has implemented several policies to regulate the small arms market in the country. The Arms Act of 1878 and the Arms Rules of 1924 provide the legal framework for the possession, sale, and licensing of firearms. The government strictly controls the issuance of firearm licenses and conducts periodic arms amnesties to collect illegal weapons. Additionally, the Bangladesh Fire Arms Control Act of 2006 aims to improve the monitoring and enforcement of firearms regulations, including measures to combat illicit arms trafficking. The government has also collaborated with international partners to enhance border security and prevent the proliferation of small arms in the region. These policies seek to address the challenges posed by the widespread availability of small arms and promote public safety in Bangladesh.
The future outlook for the Bangladesh Small Arms Market appears to be steady growth driven by various factors such as increasing security concerns, rising crime rates, and ongoing military modernization efforts. The demand for small arms in Bangladesh is likely to be sustained by the need for law enforcement agencies to combat terrorism, insurgency, and organized crime. Additionally, the country`s growing population and urbanization trends could contribute to a higher demand for personal protection weapons. The market is expected to see a shift towards technologically advanced small arms and ammunition, with a focus on enhancing accuracy, reliability, and efficiency. However, stringent government regulations on arms trade and the presence of illegal arms trafficking networks could pose challenges to market expansion. Overall, the Bangladesh Small Arms Market is anticipated to exhibit moderate growth over the coming years.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Small Arms Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Small Arms Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Small Arms Market - Industry Life Cycle |
3.4 Bangladesh Small Arms Market - Porter's Five Forces |
3.5 Bangladesh Small Arms Market Revenues & Volume Share, By Action, 2021 & 2031F |
3.6 Bangladesh Small Arms Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Bangladesh Small Arms Market Revenues & Volume Share, By Firing System, 2021 & 2031F |
3.8 Bangladesh Small Arms Market Revenues & Volume Share, By Cutting Type, 2021 & 2031F |
3.9 Bangladesh Small Arms Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.10 Bangladesh Small Arms Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.11 Bangladesh Small Arms Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Bangladesh Small Arms Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Small Arms Market Trends |
6 Bangladesh Small Arms Market, By Types |
6.1 Bangladesh Small Arms Market, By Action |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Small Arms Market Revenues & Volume, By Action, 2018 - 2027F |
6.1.3 Bangladesh Small Arms Market Revenues & Volume, By Semi-automatic, 2018 - 2027F |
6.1.4 Bangladesh Small Arms Market Revenues & Volume, By Automatic, 2018 - 2027F |
6.2 Bangladesh Small Arms Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Small Arms Market Revenues & Volume, By Guided, 2018 - 2027F |
6.2.3 Bangladesh Small Arms Market Revenues & Volume, By Unguided, 2018 - 2027F |
6.3 Bangladesh Small Arms Market, By Firing System |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Small Arms Market Revenues & Volume, By Gas-operated, 2018 - 2027F |
6.3.3 Bangladesh Small Arms Market Revenues & Volume, By Recoil-operated, 2018 - 2027F |
6.3.4 Bangladesh Small Arms Market Revenues & Volume, By Manual, 2018 - 2027F |
6.4 Bangladesh Small Arms Market, By Cutting Type |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Small Arms Market Revenues & Volume, By Smooth bore, 2018 - 2027F |
6.4.3 Bangladesh Small Arms Market Revenues & Volume, By Threaded/Rifled, 2018 - 2027F |
6.5 Bangladesh Small Arms Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Bangladesh Small Arms Market Revenues & Volume, By Pistol, 2018 - 2027F |
6.5.3 Bangladesh Small Arms Market Revenues & Volume, By Revolver, 2018 - 2027F |
6.5.4 Bangladesh Small Arms Market Revenues & Volume, By Rifles, 2018 - 2027F |
6.5.5 Bangladesh Small Arms Market Revenues & Volume, By Shotgun, 2018 - 2027F |
6.5.6 Bangladesh Small Arms Market Revenues & Volume, By Machine Gun, 2018 - 2027F |
6.5.7 Bangladesh Small Arms Market Revenues & Volume, By Others, 2018 - 2027F |
6.6 Bangladesh Small Arms Market, By Caliber |
6.6.1 Overview and Analysis |
6.6.2 Bangladesh Small Arms Market Revenues & Volume, By 9mm, 2018 - 2027F |
6.6.3 Bangladesh Small Arms Market Revenues & Volume, By 5.56mm, 2018 - 2027F |
6.6.4 Bangladesh Small Arms Market Revenues & Volume, By 7.62mm, 2018 - 2027F |
6.6.5 Bangladesh Small Arms Market Revenues & Volume, By 12.7mm, 2018 - 2027F |
6.6.6 Bangladesh Small Arms Market Revenues & Volume, By 14.5mm, 2018 - 2027F |
6.6.7 Bangladesh Small Arms Market Revenues & Volume, By Others, 2018 - 2027F |
6.7 Bangladesh Small Arms Market, By End-use Sector |
6.7.1 Overview and Analysis |
6.7.2 Bangladesh Small Arms Market Revenues & Volume, By Defense, 2018 - 2027F |
6.7.3 Bangladesh Small Arms Market Revenues & Volume, By Civil & Commercial, 2018 - 2027F |
7 Bangladesh Small Arms Market Import-Export Trade Statistics |
7.1 Bangladesh Small Arms Market Export to Major Countries |
7.2 Bangladesh Small Arms Market Imports from Major Countries |
8 Bangladesh Small Arms Market Key Performance Indicators |
9 Bangladesh Small Arms Market - Opportunity Assessment |
9.1 Bangladesh Small Arms Market Opportunity Assessment, By Action, 2021 & 2031F |
9.2 Bangladesh Small Arms Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Bangladesh Small Arms Market Opportunity Assessment, By Firing System, 2021 & 2031F |
9.4 Bangladesh Small Arms Market Opportunity Assessment, By Cutting Type, 2021 & 2031F |
9.5 Bangladesh Small Arms Market Opportunity Assessment, By Type, 2021 & 2031F |
9.6 Bangladesh Small Arms Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.7 Bangladesh Small Arms Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Bangladesh Small Arms Market - Competitive Landscape |
10.1 Bangladesh Small Arms Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Small Arms Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |