Ammunition Market
Ammunition Market Analysis Report By Caliber (Small, Medium, Large, Rockets, Missiles), By Type (Rimfire, Centerfire Ammunition), By Application (Civil & Commercial, Self Defense), By Region - Global Insights 2022 to 2032
Analysis of Ammunition market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ammunition Market Outlook (2022 to 2032)
The global ammunition market was valued at US$ 19.2 Billion in 2021, and is projected to register a Y-o-Y increase of 4.16% in 2022 to be valued at US$ 20 Billion.
| Report Attributes | Detials |
|---|---|
| Anticipated Base Year Value (2021) | US$ 19.2 Billion |
| Expected Market Value (2022) | US$ 20 Billion |
| Projected Forecast Value (2032) | US$ 35 Billion |
| Global Growth Rate (2022 to 2032) | 5.7% CAGR |
| Growth Rate of the U.S (2022 to 2032) | 4% CAGR |
| Expected Market Value of China (2032) | US$ 2 Billion |
| Dollar Opportunity in Japan (2022 to 2032) | US$ 1 Billion |
| Key Ammunition Service Providers | General Dynamics Corporation; BAE Systems PLC; Rheinmetall AG; Elbit Systems Ltd; Nexter Group. |
During the 2022 to 2032 period of assessment, demand is expected to rise at a 5.7% value CAGR, likely to reach US$ 35 Billion by the end of the said forecast period.
Demand is being driven primarily by increased defense spending to counter external aggression. Another driving factor for ammunition manufacturers is the development of lightweight bullets with polymer casings. Demand for Centerfire ammunition is expected to skyrocket, accounting for more than 2/3rd of total revenue by 2020, making it the gold standard for the defense industry.
Several new weapon and ammunition development programmes are also underway in order to develop lighter but more lethal ammunition with a greater range. Such developments are being aided by the rapid advancement of technology.
The demand for advanced weapons and related ammunition comes primarily from Europe and Asia-Pacific countries, which is either replacing ageing equipment or expanding their inventory to strengthen their armed forces.
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Ammunition Market Revenue Analysis 2015 to 2021 vs. Future Outlook 2022 to 2032
According to Fact.MR, a market research and competitive intelligence provider, the global market for ammunition is expected to grow at a 5.7% CAGR over the next ten years and is expected to reach US$ 20 Billion by 2022. Because of the lightweight nature of the trending bullets, soldiers can carry more ammunition, increasing the demand for ammunition.
During the forecast period, disruptive trends such as online sales channels are expected to boost growth for small caliber ammunition. The growing consumer interest in sports shooting activities is critical to the widespread adoption of small caliber and lightweight ammunition through online sales channels. As a result of these factors, the global ammunition market is expected to grow 1.75x between 2022 and 2032.
Prominent Ammunition Industry Growth Drivers
Ammunition Demand Influenced by Recreational Shooting
With shooting sports becoming more popular, small caliber ammunition presents lucrative growth opportunities for ammunition manufacturers. Furthermore, during the forecast period, the purchase of ammunition to protect residential properties is driving the adoption of a small-caliber segment.
For example, National Shooting Sports Month® in August 2021 will be a great time for America's millions of first-time firearm owners to enjoy using their new firearms, whether in a training course, competition, or simply having fun shooting targets with friends. According to the National Shooting Sports Foundation, 8.4 million people bought their first firearm last year, with many of them being first-time buyers.
Rising Penetration of Online Sales to Widen Ammunition Market Growth Prospects
Online sales channels are gaining traction among millennial consumers who shop for everything online. Manufacturers are investing in the development of novel products to increase consumer traction. Plastic guns, lightweight polymer casings, and reusable casings are just a few examples of how manufacturers can use innovation to attract, engage, and delight commercial customers. These items are also only available online.
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Key Challenges Prevalent in the Global Ammunition Market
Budget Cuts in Europe and the United States are expected to restrain Global Ammunition Market Growth over the Forecast Period.
Significant budget cuts have occurred in developed regions such as Europe and the United States. This has had an impact on the military budget and, as a result, the ammunition market. For example, in 2012, US military spending fell from $711 billion to $668 billion.
As a result of such budget cuts, countries find it difficult to stay current through mediums such as modernization programmes. As a result, these factors are expected to limit the global ammunition market's growth during the forecast period.
Country-wise Analysis
What is the Growth Outlook for Ammunitionis the U.S?
Considerable Investments in Military and Armed Forces Enhancements assisting Market Growth
The United States government has been making significant investments in military and armed forces enhancements, which is supporting the country's market growth. The United States will generate more than 33% of total ammunition demand. A CAGR of 4% is anticipated for the market in the U.S.
In May 2021, the Department of Defense released the FY 2022 President's Budget, which proposed an increase of 1.6% in defense spending over FY 2021. Civilians and local security forces are acquiring small-caliber ammunition. Furthermore, the key players are working to improve their online presence, which is expected to supplement growth.
How do Growth Prospects appear in the German Market?
Increasing Investments Defense Ammunition Augmenting the German Ammunition Market
Germany reported a record high in NATO defense spending for 2021, submitting a budget of €53 billion ($63.8 billion) for the current fiscal year. This figure also represents a 3.2 percent increase from 2020, when spending was nearly €51.4 billion. BAE Systems, Inc. was awarded the first contract from the Space and Missile Systems Center's Space Production Corps in June 2021 to supply M-Code Military Global Positioning System user equipment to Germany.
BAE Systems will deliver advanced M-Code GPS technology to Germany under the Foreign Military Sales contract, enabling precise, resilient, and secure geolocation and positioning capabilities that will improve the effectiveness of allied operations. Such developments will drive demand at a CAGR of more than 3% through 2032.
Is Asia likely to emerge as an Opportunistic Ammunition Industry?
The Primary Growth Driver is rising Defense Spending.
Through 2032, Asia is expected to be the largest revenue contributor to the global ammunition market. East Asia and South Asia, according to Fact.MR, offer lucrative growth opportunities, with CAGRs exceeding 3.1% and 3.5%, respectively. Rising defense spending is the primary growth driver.
South Korea's Defense Acquisition Program Administration (DAPA) announced in June 2020 that it had selected Dasan Machineries, a local firearms manufacturer, as the preferred bidder in a US$ 3.1 Mn programme to replace the S&T Motiv K1A 5.56 mm carbine currently used by the Republic of Korea Army's (RoKA's) Special Warfare Command.
Country-wise Forecast CAGRs in the Ammunition Market
| Country | CAGR |
|---|---|
| U.S | 4% |
| Germany | 3% |
| China | 3.7% |
| Japan | 3.5% |
| South Korea | 2.6% |
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Category-wise Insights
Why is there a High Demand for Rockets and Missiles?
Countries are investing in Long-Range Missiles and Rockets in Response to Rising Global Uncertainty
In the face of growing global uncertainty, countries are investing in long-range missiles and rockets. Fact.MR anticipates that demand will increase at a CAGR of more than 4% over the next decade.
In August 2021, the United States approved the sale of Harpoon over-the-horizon anti-ship missile test kits to India to counter China in the Indian Ocean region, providing a significant boost to the Indian Navy. Such initiatives are significantly increasing demand.
What role does Centerfire Ammunition play in market growth?
Centerfire Ammunition has become a Universal Standard in the Military, Police, and Security Forces Surging up the Ammunition Market
Centerfire ammunition is the market leader, having emerged as the gold standard due to its ability to withstand high-pressure shooting, recyclable casings, and safety features. In 2020, the segment generated more than 66% of revenue.
The United States Army announced in October 2020 that the SAW and M4 replacements would enter service in 2022. The new caliber provides the soldier with both a rifle and an automatic rifle that fires the same round and is effective beyond the 600m mark of existing light calibers.
Competitive Landscape
Because of the presence of various players supporting the armed forces, the ammunition market is fragmented. These players are focusing on a variety of strategies to broaden their product offerings and strengthen their geographic presence. New players are expected to enter the market as technology advances.
- BAE Systems and the UK Ministry of Defense (MOD) signed a £250 million contract in July 2021 to advance the design and development of Tempest, the UK's Future Combat Air System (FCAS).
- Nammo and the Finnish Defense Forces (FDF) announced the signing of a new long-term strategic partnership agreement in December 2020, following the previous security of supply agreement signed by the two parties in 2014.
- Companies are investing in the development and production of advanced precision-guided ammunition capable of effectively attacking the target while causing minimal collateral damage.
Key Segments Covered in the Ammunition Industry Report
-
Ammunition by Caliber :
- Small Caliber Ammunition
- 5.56 mm
- 7.62 mm
- 7.62 x 51 mm
- 7.62 x 39 mm
- 9 mm
- 9 x 18 mm
- 9 x 19 mm
- Others
- Medium Caliber Ammunition
- 23 mm
- 30 mm
- Others
- Large Caliber Ammunition
- VSHORAD
- 122 mm
- Others
- Rockets, Missiles and Others
- Tank Ammunition
- Artillery Ammunition
- Small Caliber Ammunition
-
Ammunition by Type :
- Rimfire Ammunition
- Centerfire Ammunition
-
Ammunition by Application :
- Civil & Commercial
- Sports
- Hunting
- Self Defense
- Defense
- Military
- Law Enforcement
- Civil & Commercial
-
Ammunition by Region :
- North America Ammunition Market
- Latin America Ammunition Market
- Europe Ammunition Market
- East Asia Ammunition Market
- South Asia Ammunition Market
- Oceania Ammunition Market
- Middle East & Africa Ammunition Market
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Size (US$ Mn) Analysis and Forecast, 2015 to 2032
- 6. Global Pricing Point Analysis
- 7. Global Market Value Analysis and Forecast 2015 to 2032
- 7.1. Global Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032, By Caliber
- 7.1.1. Small Caliber
- 7.1.1.1. 5.56 Mm
- 7.1.1.2. 7.62 Mm
- 7.1.1.2.1. 7.62 X 51 Mm
- 7.1.1.2.2. 7.62 X 39 Mm
- 7.1.1.2.3. Others
- 7.1.1.3. 9 Mm
- 7.1.1.3.1. 9 X 18 Mm
- 7.1.1.3.2. 9 X 19 Mm
- 7.1.1.3.3. Others
- 7.1.2. Medium Caliber
- 7.1.2.1. 23 Mm
- 7.1.2.2. 30 Mm
- 7.1.2.3. Others
- 7.1.3. Large Caliber
- 7.1.3.1. VSHORAD
- 7.1.3.2. 122 Mm
- 7.1.3.3. Others
- 7.1.4. Rockets, Missiles, and Other
- 7.1.4.1. Tank Ammunition
- 7.1.4.2. Artillery Ammunition
- 7.1.1. Small Caliber
- 7.2. Global Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032, By Type
- 7.2.1. Rimfire
- 7.2.2. Centerfire
- 7.3. Global Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
- 7.3.1. Civil & Commercial
- 7.3.1.1. Sports
- 7.3.1.2. Hunting
- 7.3.1.3. Self Defense
- 7.3.2. Defense
- 7.3.2.1. Military
- 7.3.2.2. Law Enforcement
- 7.3.1. Civil & Commercial
- 7.4. Global Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 7.4.1. North America
- 7.4.2. Latin America
- 7.4.3. Europe
- 7.4.4. East Asia
- 7.4.5. South Asia & Oceania
- 7.4.6. MEA
- 7.1. Global Market Value Analysis 2015 to 2021 and Forecast 2022 to 2032, By Caliber
- 8. North America Market Value Analysis and Forecast 2015 to 2032
- 9. Latin America Market Value Analysis and Forecast 2015 to 2032
- 10. Europe Market Value Analysis and Forecast 2015 to 2032
- 11. East Asia Market Value Analysis and Forecast 2015 to 2032
- 12. South Asia & Oceania Market Value Analysis and Forecast 2015 to 2032
- 13. Middle East & Africa Market Value Analysis and Forecast 2015 to 2032
- 14. Global Market - Prominent Countries Analysis
- 15. Competitive Assessment
- 16. Company Profiles
- 16.1. Northrop Grumman
- 16.2. Olin Corporation
- 16.3. General Dynamics Corporation
- 16.4. Nammo As
- 16.5. BAE Systems
- 16.6. RUAG
- 16.7. Denel SOC Ltd.
- 16.8. Poongsan Corporation
- 16.9. Vista Outdoor Inc.
- 16.10. Rosoboronexport
- 16.11. Rheinmetall AG
- 16.12. Nexter
- 16.13. ST Engineering
- 16.14. Thales
- 16.15. Hanwha Corporation
- 16.16. Maxam (EXPAL)
- 16.17. Yugoimport-Sdpr J.P.
- 16.18. CBC Global Ammunition
- 16.19. FN Herstal
- 17. Fact.MR Research Methodology
- 18. Disclaimer & Contact Information
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 2: Global Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 3: Global Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 4: Global Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 5: Global Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 6: Global Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 7: Global Market Value (US$ Mn) Analysis by Region, 2015 to 2021
Table 8: Global Market Value (US$ Mn) Forecast by Region, 2022 to 2032
Table 9: North America Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 10: North America Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 11: North America Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 12: North America Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 13: North America Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 14: North America Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 15: North America Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 16: North America Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 17: Latin America Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 18: Latin America Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 19: Latin America Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 20: Latin America Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 21: Latin America Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 22: Latin America Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 23: Latin America Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 24: Latin America Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 25: Europe Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 26: Europe Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 27: Europe Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 28: Europe Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 29: Europe Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 30: Europe Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 31: Europe Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 32: Europe Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 33: East Asia Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 34: East Asia Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 35: East Asia Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 36: East Asia Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 37: East Asia Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 38: East Asia Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 39: East Asia Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 40: East Asia Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 41: South Asia & Oceania Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 42: South Asia & Oceania Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 43: South Asia & Oceania Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 44: South Asia & Oceania Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 45: South Asia & Oceania Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 46: South Asia & Oceania Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 47: South Asia & Oceania Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 48: South Asia & Oceania Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 49: MEA Market Value (US$ Mn) Analysis by Country, 2015 to 2021
Table 50: MEA Market Value (US$ Mn) Forecast by Country, 2022 to 2032
Table 51: MEA Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 52: MEA Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 53: MEA Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 54: MEA Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 55: MEA Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 56: MEA Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 57: U.S. Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 58: U.S. Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 59: U.S. Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 60: U.S. Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 61: U.S. Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 62: U.S. Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 63: Russia Market Value (US$ Mn) Analysis by Caliber, 2015 to 2021
Table 64: Russia Market Value (US$ Mn) Forecast by Caliber, 2022 to 2032
Table 65: Russia Market Value (US$ Mn) Analysis by Type, 2015 to 2021
Table 66: Russia Market Value (US$ Mn) Forecast by Type, 2022 to 2032
Table 67: Russia Market Value (US$ Mn) Analysis by Application, 2015 to 2021
Table 68: Russia Market Value (US$ Mn) Forecast by Application, 2022 to 2032
Table 69: U.S. Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 70: Canada Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 71: Brazil Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 72: Mexico Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 74: Germany Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 75: Italy Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 76: France Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 77: U.K. Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 78: Spain Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 79: BENELUX Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 80: Russia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 82: China Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 83: Japan Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 84: South Korea Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 85: India Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 86: Thailand Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 87: Indonesia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 88: Malaysia Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 89: Australia & New Zealand Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 91: GCC Countries Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 92: Turkey Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 93: South Africa Market Absolute $ Opportunity Forecast, 2022 to 2032
Table 94: Northern Africa Market Absolute $ Opportunity Forecast, 2022 to 2032
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List Of Figures
Figure 1: Global Market Historical Value (US$ Mn), 2015 to 2021
Figure 2: Global Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 3: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 4: Global Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 5: Global Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 6: Global Market Attractiveness by Caliber, 2022 to 2032
Figure 7: Global Market Absolute $ Opportunity - Small Caliber, 2015 to 2032
Figure 8: Global Market Absolute $ Opportunity - Medium Caliber, 2015 to 2021
Figure 9: Global Market Absolute $ Opportunity - Large Caliber2015 to 2021
Figure 10: Global Market Absolute $ Opportunity - Rocket, Missiles & Others, 2015 to 2021
Figure 11: Global Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 12: Global Market Y-o-Y Projection by Type, 2021 to 2032
Figure 13: Global Market Attractiveness by Type, 2022 to 2032
Figure 14: Global Market Absolute $ Opportunity - Rimfire, 2015 to 2032
Figure 15: Global Market Absolute $ Opportunity - Centerfire, 2015 to 2021
Figure 16: Global Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 17: Global Market Y-o-Y Projection by Application, 2021 to 2032
Figure 18: Global Market Attractiveness by Application, 2022 to 2032
Figure 19: Global Market Absolute $ Opportunity - Civil & Commercial, 2015 to 2032
Figure 20: Global Market Absolute $ Opportunity - Defense, 2015 to 2021
Figure 21: Global Market Value Share & BPS Analysis by Region- 2015, 2022 & 2032
Figure 22: Global Market Analysis by Region, 2021 to 2032
Figure 23: Global Market Analysis by Region, 2022 to 2032
Figure 24: Global Market Absolute $ Opportunity - North America, 2015 to 2032
Figure 25: Global Market Absolute $ Opportunity - Latin America, 2015 to 2032
Figure 26: Global Market Absolute $ Opportunity - Europe, 2015 to 2032
Figure 27: Global Market Absolute $ Opportunity - East Asia, 2015 to 2032
Figure 28: Global Market Absolute $ Opportunity - South Asia & Oceania, 2015 to 2032
Figure 29: Global Market Absolute $ Opportunity - MEA, 2015 to 2032
Figure 30: North America Market Historical Value (US$ Mn), 2015 to 2021
Figure 31: North America Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 32: North America Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 33: North America Market Y-o-Y Projection by Country, 2021 to 2032
Figure 34: North America Market Attractiveness by Country, 2022 to 2032
Figure 35: North America Market Absolute $ Opportunity - U.S., 2015 to 2032
Figure 36: North America Market Absolute $ Opportunity - Canada, 2015 to 2021
Figure 37: North America Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 38: North America Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 39: North America Market Attractiveness by Caliber, 2022 to 2032
Figure 40: North America Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 41: North America Market Y-o-Y Projection by Type, 2021 to 2032
Figure 42: North America Market Attractiveness by Type, 2022 to 2032
Figure 43: North America Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 44: North America Market Y-o-Y Projection by Application, 2021 to 2032
Figure 45: North America Market Attractiveness by Application, 2022 to 2032
Figure 46: Latin America Market Historical Value (US$ Mn), 2015 to 2021
Figure 47: Latin America Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 48: Latin America Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 49: Latin America Market Y-o-Y Projection by Country, 2021 to 2032
Figure 50: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 51: Latin America Market Absolute $ Opportunity - Brazil, 2015 to 2032
Figure 52: Latin America Market Absolute $ Opportunity - Mexico, 2015 to 2021
Figure 53: Latin America Market Absolute $ Opportunity - Rest of Latin America, 2015 to 2021
Figure 54: Latin America Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 55: Latin America Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 56: Latin America Market Attractiveness by Caliber, 2022 to 2032
Figure 57: Latin America Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 58: Latin America Market Y-o-Y Projection by Type, 2021 to 2032
Figure 59: Latin America Market Attractiveness by Type, 2022 to 2032
Figure 60: Latin America Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 61: Latin America Market Y-o-Y Projection by Application, 2021 to 2032
Figure 62: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 63: Europe Market Historical Value (US$ Mn), 2015 to 2021
Figure 64: Europe Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 65: Europe Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 66: Europe Market Y-o-Y Projection by Country, 2021 to 2032
Figure 67: Europe Market Attractiveness by Country, 2022 to 2032
Figure 68: Europe Market Absolute $ Opportunity - Germany, 2015 to 2032
Figure 69: Europe Market Absolute $ Opportunity - Mexico, 2015 to 2021
Figure 70: Europe Market Absolute $ Opportunity - U.K., 2015 to 2021
Figure 71: Europe Market Absolute $ Opportunity - Spain, 2015 to 2032
Figure 72: Europe Market Absolute $ Opportunity - BENELUX, 2015 to 2021
Figure 73: Europe Market Absolute $ Opportunity - Russia, 2015 to 2021
Figure 74: Europe Market Absolute $ Opportunity - Rest of Europe, 2015 to 2021
Figure 75: Europe Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 76: Europe Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 77: Europe Market Attractiveness by Caliber, 2022 to 2032
Figure 78: Europe Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 79: Europe Market Y-o-Y Projection by Type, 2021 to 2032
Figure 80: Europe Market Attractiveness by Type, 2022 to 2032
Figure 81: Europe Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 82: Europe Market Y-o-Y Projection by Application, 2021 to 2032
Figure 83: Europe Market Attractiveness by Application, 2022 to 2032
Figure 84: East Asia Market Historical Value (US$ Mn), 2015 to 2021
Figure 85: East Asia Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 86: East Asia Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 87: East Asia Market Y-o-Y Projection by Country, 2021 to 2032
Figure 88: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 89: East Asia Market Absolute $ Opportunity - China, 2015 to 2032
Figure 90: East Asia Market Absolute $ Opportunity - Japan, 2015 to 2021
Figure 91: East Asia Market Absolute $ Opportunity - South Korea, 2015 to 2021
Figure 92: East Asia Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 93: East Asia Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 94: East Asia Market Attractiveness by Caliber, 2022 to 2032
Figure 95: East Asia Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 96: East Asia Market Y-o-Y Projection by Type, 2021 to 2032
Figure 97: East Asia Market Attractiveness by Type, 2022 to 2032
Figure 98: East Asia Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 99: East Asia Market Y-o-Y Projection by Application, 2021 to 2032
Figure 100: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 101: South Asia & Oceania Market Historical Value (US$ Mn), 2015 to 2021
Figure 102: South Asia & Oceania Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 103: South Asia & Oceania Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 104: South Asia & Oceania Market Y-o-Y Projection by Country, 2021 to 2032
Figure 105: South Asia & Oceania Market Attractiveness by Country, 2022 to 2032
Figure 106: South Asia & Oceania Market Absolute $ Opportunity - India, 2015 to 2032
Figure 107: South Asia & Oceania Market Absolute $ Opportunity - Thailand, 2015 to 2021
Figure 108: South Asia & Oceania Market Absolute $ Opportunity - Indonesia, 2015 to 2021
Figure 109: South Asia & Oceania Market Absolute $ Opportunity - Malaysia, 2015 to 2021
Figure 110: South Asia & Oceania Market Absolute $ Opportunity - Australia & New Zealand, 2015 to 2021
Figure 111: South Asia & Oceania Market Absolute $ Opportunity - Rest of South Asia & Oceania, 2015 to 2021
Figure 112: South Asia & Oceania Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 113: South Asia & Oceania Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 114: South Asia & Oceania Market Attractiveness by Caliber, 2022 to 2032
Figure 115: South Asia & Oceania Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 116: South Asia & Oceania Market Y-o-Y Projection by Type, 2021 to 2032
Figure 117: South Asia & Oceania Market Attractiveness by Type, 2022 to 2032
Figure 118: South Asia & Oceania Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 119: South Asia & Oceania Market Y-o-Y Projection by Application, 2021 to 2032
Figure 120: South Asia & Oceania Market Attractiveness by Application, 2022 to 2032
Figure 121: MEA Market Historical Value (US$ Mn), 2015 to 2021
Figure 122: MEA Market Value (US$ Mn) Forecast, 2022 to 2032
Figure 123: MEA Market Value Share & BPS Analysis by Country- 2015, 2022 & 2032
Figure 124: MEA Market Y-o-Y Projection by Country, 2021 to 2032
Figure 125: MEA Market Attractiveness by Country, 2022 to 2032
Figure 126: MEA Market Absolute $ Opportunity - GCC Countries, 2015 to 2032
Figure 127: MEA Market Absolute $ Opportunity - Turkey, 2015 to 2021
Figure 128: MEA Market Absolute $ Opportunity - South Africa, 2015 to 2021
Figure 129: MEA Market Absolute $ Opportunity - Northern Africa, 2015 to 2021
Figure 130: MEA Market Absolute $ Opportunity - Rest of MEA, 2015 to 2021
Figure 131: MEA Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 132: MEA Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 133: MEA Market Attractiveness by Caliber, 2022 to 2032
Figure 134: MEA Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 135: MEA Market Y-o-Y Projection by Type, 2021 to 2032
Figure 136: MEA Market Attractiveness by Type, 2022 to 2032
Figure 137: MEA Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 138: MEA Market Y-o-Y Projection by Application, 2021 to 2032
Figure 139: MEA Market Attractiveness by Application, 2022 to 2032
Figure 140: U.S. Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 141: U.S. Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 142: U.S. Market Attractiveness by Caliber, 2022 to 2032
Figure 143: U.S. Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 144: U.S. Market Y-o-Y Projection by Type, 2021 to 2032
Figure 145: U.S. Market Attractiveness by Type, 2022 to 2032
Figure 146: U.S. Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 147: U.S. Market Y-o-Y Projection by Application, 2021 to 2032
Figure 148: U.S. Market Attractiveness by Application, 2022 to 2032
Figure 149: Russia Market Value Share & BPS Analysis by Caliber- 2015, 2022 & 2032
Figure 150: Russia Market Y-o-Y Projection by Caliber, 2021 to 2032
Figure 151: Russia Market Attractiveness by Caliber, 2022 to 2032
Figure 152: Russia Market Value Share & BPS Analysis by Type- 2015, 2022 & 2032
Figure 153: Russia Market Y-o-Y Projection by Type, 2021 to 2032
Figure 154: Russia Market Attractiveness by Type, 2022 to 2032
Figure 155: Russia Market Value Share & BPS Analysis by Application- 2015, 2022 & 2032
Figure 156: Russia Market Y-o-Y Projection by Application, 2021 to 2032
Figure 157: Russia Market Attractiveness by Application, 2022 to 2032
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- FAQs -
What was the market worth for ammunitions 2021?
As of 2021, Fact.MR estimates the ammunition market to have reached US$ 19.2 Billion.
What is the expected worth of the Ammunition industry in 2022?
By 2022, Fact.MR expected demand for Ammunition to reach US$ 20 Billion
At what CAGR did the Ammunition market flourish from 2015 to 2021?
From 2015 to 2021, the Ammunition market grew at a 5.9% value CAGR
What is the expected forecast CAGR for Ammunition from 2022 to 2032?
From 2022 to 2032, ammunition demand is likely to surge at a 5.7% CAGR
At what value will the market for Ammunition close in 2032?
By 2032, the market for ammunition is likely to be valued at US$ 35 Billion
What is the expected market value for the U.S ammunition market?
By 2032, Fact.MR expects the U.S market for ammunition to expand at a 4% CAGR
How opportunistic is the Chinese market for application transformation?
China is expected to register a 3.7% CAGR with regard to the Ammunition industry
What isthe expected growth rate for the Japanese market?
Japan is expected to document a CAGR worth 3.5% in the Ammunition market
Which type will account for the maximum ammunition revenue?
Centerfire ammunition is the market leader, having emerged as the gold standard, in 2020, the segment generated more than 66% of revenue.
Ammunition Market