Product Code: ETC087648 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The small arms market in the Philippines is estimated to be worth around US$7.6 billion. The market is expected to grow at a compound annual growth rate (CAGR) of 2-4% over the next five years, driven by increased demand for both light firearms and non-lethal weapons such as pepper sprays and stun guns. Furthermore, rising terrorist activities in recent years have led to an increase in security concerns among citizens, which has further boosted sales of small arms within the country.
The Philippines Small Arms market has witnessed demand due to security concerns, law enforcement requirements, and civilian ownership. Small arms include handguns, rifles, and shotguns used for personal protection, law enforcement, and recreational purposes. The need for modernizing law enforcement agencies, addressing public safety concerns, and catering to civilian interests contribute to the market`s growth. Key drivers include advancements in firearm technology, increased investment in law enforcement equipment, and the popularity of shooting sports. Key players include firearm manufacturers, importers, and distributors that adhere to regulations and safety standards while catering to the specific needs of various user segments.
The Philippines Small Arms Market confronts critical challenges that impact its dynamics. A major challenge is related to security concerns and illicit arms trade. The proliferation of illegal firearms can undermine the legitimate small arms market, posing risks to public safety and national security. Strict regulations and enforcement are necessary to address this challenge effectively. Additionally, international regulations and sanctions on arms trade can limit the export and import of small arms, affecting both domestic manufacturers and potential foreign buyers.
The Philippines Small Arms market has seen consistent demand driven by military and law enforcement agencies, as well as civilian firearm ownership. The market faced disruptions during the pandemic due to supply chain interruptions and operational limitations. The post-pandemic period may witness a renewed focus on domestic arms production to enhance self-reliance. Balancing national security needs with responsible firearm ownership regulations will continue to be a significant aspect shaping this market.
The Philippines small arms market has a mix of local and international players. Key local manufacturers include Armscor Global Defense, Inc. (Armscor) and United Defense Manufacturing Corporation (UDMC). These companies produce a variety of firearms for military, law enforcement, and civilian use.
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 Philippines Small Arms Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Small Arms Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Small Arms Market - Industry Life Cycle |
3.4 Philippines Small Arms Market - Porter's Five Forces |
3.5 Philippines Small Arms Market Revenues & Volume Share, By Action, 2021 & 2031F |
3.6 Philippines Small Arms Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Small Arms Market Revenues & Volume Share, By Firing System, 2021 & 2031F |
3.8 Philippines Small Arms Market Revenues & Volume Share, By Cutting Type, 2021 & 2031F |
3.9 Philippines Small Arms Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.10 Philippines Small Arms Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.11 Philippines Small Arms Market Revenues & Volume Share, By End-use Sector, 2021 & 2031F |
4 Philippines Small Arms Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Small Arms Market Trends |
6 Philippines Small Arms Market, By Types |
6.1 Philippines Small Arms Market, By Action |
6.1.1 Overview and Analysis |
6.1.2 Philippines Small Arms Market Revenues & Volume, By Action, 2021-2031F |
6.1.3 Philippines Small Arms Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.1.4 Philippines Small Arms Market Revenues & Volume, By Automatic, 2021-2031F |
6.2 Philippines Small Arms Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Small Arms Market Revenues & Volume, By Guided, 2021-2031F |
6.2.3 Philippines Small Arms Market Revenues & Volume, By Unguided, 2021-2031F |
6.3 Philippines Small Arms Market, By Firing System |
6.3.1 Overview and Analysis |
6.3.2 Philippines Small Arms Market Revenues & Volume, By Gas-operated, 2021-2031F |
6.3.3 Philippines Small Arms Market Revenues & Volume, By Recoil-operated, 2021-2031F |
6.3.4 Philippines Small Arms Market Revenues & Volume, By Manual, 2021-2031F |
6.4 Philippines Small Arms Market, By Cutting Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Small Arms Market Revenues & Volume, By Smooth bore, 2021-2031F |
6.4.3 Philippines Small Arms Market Revenues & Volume, By Threaded/Rifled, 2021-2031F |
6.5 Philippines Small Arms Market, By Type |
6.5.1 Overview and Analysis |
6.5.2 Philippines Small Arms Market Revenues & Volume, By Pistol, 2021-2031F |
6.5.3 Philippines Small Arms Market Revenues & Volume, By Revolver, 2021-2031F |
6.5.4 Philippines Small Arms Market Revenues & Volume, By Rifles, 2021-2031F |
6.5.5 Philippines Small Arms Market Revenues & Volume, By Shotgun, 2021-2031F |
6.5.6 Philippines Small Arms Market Revenues & Volume, By Machine Gun, 2021-2031F |
6.5.7 Philippines Small Arms Market Revenues & Volume, By Others, 2021-2031F |
6.6 Philippines Small Arms Market, By Caliber |
6.6.1 Overview and Analysis |
6.6.2 Philippines Small Arms Market Revenues & Volume, By 9mm, 2021-2031F |
6.6.3 Philippines Small Arms Market Revenues & Volume, By 5.56mm, 2021-2031F |
6.6.4 Philippines Small Arms Market Revenues & Volume, By 7.62mm, 2021-2031F |
6.6.5 Philippines Small Arms Market Revenues & Volume, By 12.7mm, 2021-2031F |
6.6.6 Philippines Small Arms Market Revenues & Volume, By 14.5mm, 2021-2031F |
6.6.7 Philippines Small Arms Market Revenues & Volume, By Others, 2021-2031F |
6.7 Philippines Small Arms Market, By End-use Sector |
6.7.1 Overview and Analysis |
6.7.2 Philippines Small Arms Market Revenues & Volume, By Defense, 2021-2031F |
6.7.3 Philippines Small Arms Market Revenues & Volume, By Civil & Commercial, 2021-2031F |
7 Philippines Small Arms Market Import-Export Trade Statistics |
7.1 Philippines Small Arms Market Export to Major Countries |
7.2 Philippines Small Arms Market Imports from Major Countries |
8 Philippines Small Arms Market Key Performance Indicators |
9 Philippines Small Arms Market - Opportunity Assessment |
9.1 Philippines Small Arms Market Opportunity Assessment, By Action, 2021 & 2031F |
9.2 Philippines Small Arms Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Small Arms Market Opportunity Assessment, By Firing System, 2021 & 2031F |
9.4 Philippines Small Arms Market Opportunity Assessment, By Cutting Type, 2021 & 2031F |
9.5 Philippines Small Arms Market Opportunity Assessment, By Type, 2021 & 2031F |
9.6 Philippines Small Arms Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.7 Philippines Small Arms Market Opportunity Assessment, By End-use Sector, 2021 & 2031F |
10 Philippines Small Arms Market - Competitive Landscape |
10.1 Philippines Small Arms Market Revenue Share, By Companies, 2024 |
10.2 Philippines Small Arms Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |