Small Caliber Ammunition Market report – Size, Value, Demand,...

Small Caliber Ammunition Market report – Size, Value, Demand, Share – Research and Analysis 2028

Posted 2023-02-27 04:29:56

Global Small Caliber Ammunition Market Forecast to 2028

The Global Small Caliber Ammunition Market report examines historical and current data, as well as a thorough examination of market dynamics. The report also sheds light on the major market growth driving and restraining factors that are expected to influence market growth over the forecast period. The Global Small Caliber Ammunition Market researches the market scenario to provide growth projections for the Small Caliber Ammunition industry from 2021 to 2028. The report focuses on potential growth opportunities and constraints that industry leaders may face over the course of the forecast timeline. To assist readers in making decisions, the report pays special attention to emerging business components, niche sectors, product launches, and brand promotions that are taking place in the 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.

Worldwide popularity of target shooting, including skeet shooting, field shooting, and trap shooting, is sustaining a consistent demand for small-caliber ammunition. Also, due to an increase in crimes against people and property worldwide, there is a rising demand for handguns and small-caliber ammunition for self-defense. Also, big nations like the U.S., China, and Russia are concentrating more on investing sizeable sums on the acquisition of small calibre ammunition to replace outdated arsenals with the newest technology. Some major factors influencing the growth of the worldwide small calibre ammunition market are the rise in civil wars and other conflicts, terrorist activities, and the introduction of more advanced defence products.

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Competitive Terrain:

The global Small Caliber Ammunition industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed 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

Research Report on the Small Caliber Ammunition Market Addresses the Following Key Questions:

Who are the dominant players of the Small Caliber Ammunition market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Small Caliber Ammunition market?
What are the key growth drivers and restraining factors of the Small Caliber Ammunition market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Small Caliber Ammunition market and its key segments?

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

Regional Landscape section of the Small Caliber Ammunition report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

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)

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Some Key Highlights from the Report

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.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Small Caliber Ammunition market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets

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