Global Less Lethal Ammunition Market Growth 2023-2029

Global Less Lethal Ammunition Market Growth 2023-2029

Ammunition is the material fired, scattered, dropped or detonated from any weapon. Ammunition is both expendable weapons (e.g., bombs, missiles, grenades, land mines) and the component parts of other weapons that create the effect on a target (e.g., bullets and warheads). Nearly all mechanical weapons require some form of ammunition to operate.

LPI (LP Information)' newest research report, the “Less Lethal Ammunition Industry Forecast” looks at past sales and reviews total world Less Lethal Ammunition sales in 2022, providing a comprehensive analysis by region and market sector of projected Less Lethal Ammunition sales for 2023 through 2029. With Less Lethal Ammunition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Less Lethal Ammunition industry.

This Insight Report provides a comprehensive analysis of the global Less Lethal Ammunition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Less Lethal Ammunition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Less Lethal Ammunition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Less Lethal Ammunition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Less Lethal Ammunition.

The global Less Lethal Ammunition market size is projected to grow from US$ 709.6 million in 2022 to US$ 904.4 million in 2029; it is expected to grow at a CAGR of 904.4 from 2023 to 2029.

Ammunition industry has low technology barrier and is labor intensive industry. Currently, there are several producing companies in the world ammunition industry. The main market players are Orbital Atk, Vista Outdoors, Olin Corporation (Winchester Ammunition), Ruag Group (Ruag Ammotec AG), FN Herstal and Nammo. Top three are Orbital Atk, Vista Outdoors and China North Industries Corp (NORINCO), with above 22% market shares.

USA and Europe are the mainly consumption regions due to the bigger demand of downstream applications. These two regions occupied 47% of the global consumption volume in total.

This report presents a comprehensive overview, market shares, and growth opportunities of Less Lethal Ammunition market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rubber Bullets
Bean Bag Rounds
Plastic Bullets
Paintballs

Segmentation by application
Military
Law Enforcement
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nonlethal Technologies
Combined Systems
Companhia Brasileira De Cartuchos (CBC)
Fiocchi Munizioni
Federal Ammunition
Rheinmetall
Lightfield Ammunition
Security Devices International
The Safariland Group
Amtec Less Lethal Systems
Sage Control Ordnance
Nobel Sport Security
Olin Corporation
Verney-Carron
Maxam Outdoors
Industrial Cartridge
China North Industries Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Less Lethal Ammunition market?

What factors are driving Less Lethal Ammunition market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Less Lethal Ammunition market opportunities vary by end market size?

How does Less Lethal Ammunition break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.