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Holster Market Analysis, Challenges, Growth and Forecast By 2030

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The global holster market, in terms of revenue, was valued at US$ 1,581.2 million, and in terms of volume, it reached 31,021.7 thousand units in 2018. It is anticipated to witness a substantial Compound Annual Growth Rate (CAGR) of 5.70% during the forecast period. The increasing investment in the defense industry is driving the global demand for holsters, especially with the growing use of firearms.

Holsters are primarily utilized by uniformed law enforcement officers, security personnel, and plain-clothed officers. The National Defense sector plays a crucial role in capability planning, ensuring that the Canadian Armed Forces possess the necessary resources and abilities for their missions. Nevertheless, stringent environmental regulations regarding holster manufacturing materials could potentially impede the global market demand for this product.

Holster Market Segmentation Scope

By Raw Material

Nylon

Plastic

Leather

Glossy

Plain

Basket Weave

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By Type

Clip Holster

Shoulder Holster

Ankle Holster

Laser Holster

Belt Holster

Bandolier Holster

By Distribution Channels

Online

Offline

By Price Range

Below US$ 75

US$ 75 to US$ 180

Above US$ 180

The global holster market exhibits segmentation based on raw materials, type, distribution channels, price range, size, end-users, and regions. In terms of raw materials, leather held the dominant market share in 2018 at 43.9%, followed by nylon, plastic, and other materials. Leather is favored for its traditional appeal and can be customized with intricate designs and a variety of colors.

Regionally, North America led the market, with Asia Pacific and Europe following closely. Within North America, the United States was at the forefront, with an increasing number of firearm owners, while Canada followed suit.

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Holster Market by Region

North America

U.S.

Canada

Europe

U.K.

Germany

France

Rest of Europe

Asia Pacific

China