Small Caliber Ammunition Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Small Caliber Ammunition Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Small Caliber Ammunition Market

The global small caliber ammunition market size was valued at USD 8.00 billion in 2022 and is projected to grow from USD 8.11 billion in 2023 to USD 9.78 billion by 2030, exhibiting a CAGR of 2.72% during the forecast period from 2023 to 2030.

COVID-19 mildly affected the defense and commercial ammunition sectors, posing a modest impact on their operations and growth. Despite disruptions, the market showed a constant increase in 2020 and 2021, especially in the U.S., fueled via accelerated firearm income for self-protection. However, challenges persisted globally, with European protection fees reducing slightly in keeping with Janes.Com.

The marketplace is driven by increased gun use for private protection, sports activities taking pictures, and defense. Rising instances of mass shootings, terrorism, and call for protection forces contribute to the market boom. Additionally, heightened private security issues, coupled with the surge in handgun and firearm production, further propel the market enlargement.

Currently, there may be a growing trnd in designing green ammunition to guard the surroundings. The U.S. Army is actively engaged in developing biodegradable bullets to lessen soil infection resulting from hazardous substances like lead. Efforts additionally include developing polymer-cased ammunition, cutting down on weight and fees.

Comprehensive Analysis of Small Caliber Ammunition Market

Segmentation in the small caliber ammunition market share is driving the market because it allows companies to target specific customer groups with tailored services and solutions. The small caliber ammunition industry is categorized by caliber, including popular choices like 223 Remington, 9mm Luger, and 45 Auto/ACP, among others. It's also segmented by application, with uses ranging from commercial endeavors like shooting sports and hunting to military and homeland security applications. Additionally, the industry is distinguished by bullet type, encompassing lead, copper, brass, and other materials used in bullet manufacturing.

Because of major firms like Olin Corporation, Northrop Grumman Corporation, and General Dynamics Corporation, which support the region's market dominance, North America leads the world market.

Key players in the market drive innovation and set industry standards through their advanced technologies and extensive market presence. The global small caliber ammunition market features key players from various countries. The global small caliber ammunition market comprises key players from various countries. These include General Dynamics Corporation and Northrop Grumman Corporation (U.S.), Aguila Ammunition (Mexico), and BAE Systems (U.K.). Also notable are Denel SOC Ltd (South Africa), Nammo AS (Norway), and Olin Corporation (U.S.). Other significant players include Elbit Systems Ltd. (Israel), KNDS N.V. (France), and Thales Group (France) Vista Outdoor, Inc. (U.S.), RAUG Group (Switzerland), and Remington Arms Company LLC (U.S.). Additionally, there's Sellier & Bellot (Czech Republic), .

The industrial advancement that took place recently in the small calinet ammunition market recently is that the U.S. Army has given the contract to Winchester Ammunition in February 2023 of 5 million 6.8mm next generation squad weapon (NGSW) cartridges.

Segementation Table

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 2.72 % from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Caliber, Application, Bullet Type, and Geography

Segmentation By Caliber

223 Remington

308 Winchester

9mm Luger

357 Magnum

40 S&W

45 Auto/ACP

380 ACP

10 Gauge

12 Gauge

20 Gauge

22LR

7.62*39/ 54r

50 BMG

6.5 Grendel

5.56*45
0.338 Lapua
30-06 Springfield

Others

By Application

Commercial

- Shooting Sports & Hunting

- Self Defense

Military & Homeland Security

By Bullet Type

Lead

Copper

Brass

Others

By Geography

North America (By Caliber, Application, Bullet Type, By Country)

- U.S. (By Application)

- Canada (By Application)

Europe (By Caliber, Application, Bullet Type, Country)

- U.K. (By Application)

- Germany (By Application)

- France (By Application)

- Russia (By Application)

- Italy (By Application)

- Norway (By Application)

- Spain (By Application)

- Poland (By Application)

- Ukraine (By Application)

Asia Pacific (By Caliber, Application, Bullet Type, By Country )

- Japan (By Application)

- China (By Application)

- India (By Application)

- South Korea (By Application)

- Australia (By Application)

- Singapore (By Application)

Middle East & Africa (By Caliber, Application, Bullet Type, By Country )

- UAE (By Application)

- Saudi Arabia (By Application)

- Israel (By Application)

- South Africa (By Application)

- Egypt (By Application)

Latin America (By Caliber, Application, Bullet Type, By Country)

- Brazil (By Application)

- Argentina (By Application)


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