The US firearms industry has seen a dramatic increase in sales over the past year, with handgun purchases leading the way. According to statistics from 2020, there were 11.4 million handguns sold in the US that year - an increase of 65.3% compared to 2019 - and January 2021 saw a record-breaking 4.3 million firearm background checks conducted nationwide. Additionally, approximately 25% of all firearms sales had an associated Federal background check and 39.7 million NICS (National Instant Criminal Background Check System) checks were performed throughout 2020 – both representing new highs for their respective categories as well as overall increases from previous years’ numbers.
First-time buyers made up 58.5% of all handgun purchases during the first half of 2020 while 63.1% of retailers reported increased female customers between 2019 and 2020 according to surveys taken at that time; 61 percent cited personal protection as their primary reason for purchasing a firearm while 56 percent purchased ammunition alongside it due to increasing demand early on in pandemic lockdowns across America's states and cities alike. Black Friday also saw 186,645 gun related background checks which was 5 point 5 % higher than last year's figures showing just how much more popular guns have become since then.
Furthermore California had 1 point 23 Million back ground Checks alone making them number one state when it comes down Gun Sales Statistics. All these facts combined show us just how big this market is becoming even though some people may not agree with its growth rate or purpose behind such high demands but nevertheless we can see why Handgun Sales are so important now days.
Handgun Sales Statistics Overview
In 2020, there were approximately 39.7 million background checks through the National Instant Criminal Background Check System (NICS), a record high.
This record-breaking statistic is indicative of the increasing demand for handguns in 2020. It suggests that more and more people are turning to handguns for personal protection, recreation, or other reasons. This statistic is a powerful reminder of the importance of responsible gun ownership and the need for thorough background checks to ensure that firearms are not falling into the wrong hands.
Approximately 61% of buyers in 2020 cited personal protection as the primary reason for purchasing a firearm.
This statistic is a telling indication of the current state of affairs in the world. It suggests that the majority of gun buyers in 2020 were motivated by a desire for personal protection, likely due to the heightened sense of insecurity that has been pervasive in the past year. This statistic is a powerful reminder of the importance of gun safety and the need for responsible gun ownership.
In early 2020, ammunition sales increased by 56.1%.
The startling statistic of a 56.1% increase in ammunition sales in early 2020 serves as a powerful indicator of the surging demand for handguns. This surge in ammunition sales suggests that more and more people are arming themselves with handguns, likely in response to the uncertain times we are living in.
The US has an estimated 42% of the civilian-owned guns worldwide, with over 70 million handguns.
This statistic is a stark reminder of the prevalence of handguns in the US. With over 70 million handguns in circulation, it is clear that the US has a disproportionately high number of civilian-owned guns compared to the rest of the world. This highlights the need for further regulation and control of handgun sales in the US.
Black Friday 2020 saw 186,645 firearm background checks, an increase of 5.5% from the previous year.
This statistic is a telling indication of the growing popularity of handguns. The 5.5% increase in firearm background checks on Black Friday 2020 suggests that more and more people are turning to handguns for personal protection and recreational shooting. This data point is an important piece of the puzzle when it comes to understanding the current state of handgun sales.
By June 2020, firearm sales in the US had already surpassed the total number of sales for the entire year of 2019.
This statistic is a stark reminder of the reality of gun ownership in the US. It speaks to the fact that, despite the numerous efforts to reduce gun violence, the number of firearms being purchased is still on the rise. This is a worrying trend that should be addressed with urgency.
About 40% of US adults report having a gun in their household.
This statistic is a crucial piece of the puzzle when it comes to understanding the prevalence of handguns in the US. It provides a snapshot of the number of households that have access to firearms, which can be used to inform the discussion around handgun sales statistics.
In 2020, Smith & Wesson reported a year-over-year net sales increase of 118.7%.
This statistic is a testament to the success of Smith & Wesson in 2020, demonstrating a remarkable 118.7% increase in net sales year-over-year. This is indicative of a larger trend in the handgun market, as more and more people are turning to Smith & Wesson for their firearm needs. This statistic is a powerful reminder of the importance of Smith & Wesson in the handgun market and the impact they have had on the industry.
Conclusion
The statistics presented in this blog post demonstrate the significant increase of handgun sales and background checks in 2020 compared to 2019. This trend was driven by a variety of factors, including personal protection concerns due to civil unrest and the COVID-19 pandemic. The data also shows that first-time buyers made up a large portion of gun purchases, with handguns being the most popular choice among them.
Additionally, there has been an uptick in female customers at firearms retailers as well as increased economic activity from the US firearms industry overall. These trends suggest that firearm ownership is likely to remain high for years to come.
References
0. - https://www.www.chicagotribune.com
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6. - https://www.www.rand.org
7. - https://www.fortune.com
8. - https://www.www.globenewswire.com
9. - https://www.www.bbc.com
