The global small caliber ammunition market size is expected to reach USD 9.35 Billion in 2028 and register a revenue CAGR of 2.3% over the forecast period, according to the latest report by Emergen Research. Increasing defense spending, growing interest in activities such as hunting and shooting, increasing number of civilian gun owners, rising concerns regarding personal safety, and owing a gun for self-defense and protection are some key factors driving global small caliber ammunition market revenue growth. Target shooting such as skeet shooting, field shooting, and trap shooting are popular in various countries across the globe, and this is supporting steady demand for small caliber ammunition. In addition, demand for handguns and small caliber ammunition for self-defense is increasing owing to rising incidence of crimes against person and property in various countries. Furthermore, major countries such as the U.S., China, and Russia are focusing more on spending significant amounts on the procurement of small caliber ammunition to replace old arsenals with latest equipment.
The report on the small caliber ammunition market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the small caliber ammunition market for the forecast period from 2020 to 2028. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.
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Key Players Profiled in the Report are:
Aguila Ammunition, BAE Systems, Nammo AS, Northrop Grumman Corporation, CBC Global Ammunition, General Dynamics Ordnance and Tactical Systems, Elbit Systems Ltd., FN Herstal, Denel Pretoria Metal Pressings (PMP), and Olin Corporation.
Key Questions Answered in the Report:
What is the growth rate of the Small Caliber Ammunition market? What is the anticipated market valuation of Small Caliber Ammunition industry by 2027?
What are the key growth driving and restraining factors of the Small Caliber Ammunition market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Small Caliber Ammunition industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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Emergen Research has segmented the global small caliber ammunition market on the basis of caliber type, bullet type, gun type, end-use, and region:
Caliber Type Outlook (Revenue, USD Billion; 2018–2028)
- .223 Remington
- .308 Winchester
- 9mm
- 62mm
- 45 ACP
- .338 Lapua Magnum
- 56mm
- Others
Bullet Type Outlook (Revenue, USD Billion; 2018-2028)
- Lead
- Copper
- Brass
- Others
Gun Type Outlook (Revenue, USD Billion; 2018–2028)
- Rifles
- Pistols
- Handguns
- Shotguns
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Military and Homeland Security
- Law Enforcement
- Hunting and Sports
- Self-defense
Regional Analysis of the Small Caliber Ammunition Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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