Small Caliber Ammunition Market Size, Scope, Demand, Statistics, Regional Economy, Development and Forecast to 2028

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Market Size – USD 7.74 Billion in 2020, Market Growth – at a CAGR of 2.3%, Market Trends – High demand from military and homeland security

Global Small Caliber Ammunition Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Small Caliber Ammunition market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Small Caliber Ammunition market on the global and regional scale, along with a thorough forecast estimation to 2028. The new report is updated with the impact of the COVID-19 pandemic on the Small Caliber Ammunition market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Small Caliber Ammunition market.

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. Increasing civil wars and conflicts, terrorist activities, and launch of more modern defense products are some other key drivers for growth of the global small caliber ammunition market.

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The report is a comprehensive research study of the global Small Caliber Ammunition market inclusive of the latest trends, growth factors, developments, opportunities, and competitive landscape. The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report is formulated with data gathered from primary and secondary research examined and validated by industry experts. The report provides an overview of the market leaders, segmentation by type, application, and region, and technological advancements.

The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied 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), Olin Corporation

Market Overview:

The report bifurcates the Small Caliber Ammunition market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Caliber Type Outlook (Revenue, USD Billion; 2018–2028)

    • .223 Remington
    • .308 Winchester
    • 9mm Luger
    • 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

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Regional Bifurcation of the Small Caliber Ammunition Market Includes:

  • 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)

The report aims to provide a complete analysis of the global Small Caliber Ammunition market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Small Caliber Ammunition market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.

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Highlights of Table of Contents (TOC):

  • In April 2020, Thales’s subsidiary, Australian Munitions, recorded its largest munitions export orders of over USD 30 Million from the U.S., New Zealand, Canada, Asia, and Europe. Australian Munitions is a major manufacturer of some of the world’s best propellants and small caliber ammunition and this order will increase small caliber ammunition market growth globally.
  • 9mm segment accounted for significantly robust revenue share in 2020 owing to feature of reduced gun recoil, which makes it easier to handle. This caliber is widely used by law enforcement agencies as it allows faster target acquisition owing to compact size, which makes it easier to carry.
  • Lead segment accounted for significantly large revenue share in 2020 and is expected to register a steady growth rate during the forecast period. Lead is cheap, malleable, and has low melting point, which makes it easier to mold and shape than most other materials.
  • North America accounted for largest revenue share in 2020 owing to increased usage of small caliber ammunition among armed forces and growing number of drug cartels in neighboring region such as Central America.

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