Global Ammunition Market 2022-2028
Ammunition refers to the complete round/cartridge or its components, including bullets or projectiles, cartridge cases, primers/caps and propellants that are used in any small arm or light weapon. The global ammunition market is anticipated to reach valuation of ~USD 24,158 million by 2028, representing a CAGR of 3.3% from 2022 to 2028 as per the latest report by Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global ammunition market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the ammunition industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the caliber, product, end user, and region. The global market for ammunition can be segmented by caliber: small caliber, medium caliber, large caliber, rockets and missiles. The small caliber segment held the largest revenue share in 2021. Ammunition market is further segmented by product: centerfire, rimfire. Based on end user, the ammunition market is segmented into: civil and commercial, defense. On the basis of region, the ammunition market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By caliber:
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