The Ammunition Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Ammunition Market?
The global ammunition market has experienced robust growth in the past few years. The market size stood at $28.43 billion in 2024 and is projected to expand to $30.29 billion in 2025, progressing at a compound annual growth rate (CAGR) of 6.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Ammunition Industry?
The global ammunition market is predicted to reach a valuation of $40.31 billion in 2029, expanding at a compound annual growth rate (CAGR) of 7.4%.
Download Your Free Sample of the 2025 Ammunition Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Ammunition Market?
The key drivers in the ammunition market are:
• Modern warfare requirements driving the need for advanced ammunition
• Increased counterterrorism operations globally
• Escalating global arms trade
• Rising civil unrest and concerns for public safety
Global Market Segmentation: Identifying Major Ammunition Industry Segments
The ammunition market covered in this report is segmented –
1) By Product: Bullets, Aerial Bombs, Grenades, Artillery Shells, Mortars
2) By Caliber: Small, Medium, Large, Other Calibers
3) By Guidance Mechanism: Non-guided, Guided
4) By Application: Defense, Less-lethal
Pre-order the 2025 Ammunition Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Ammunition Market?
The key trends in the ammunition market are:
• Emerging trend of non-lethal ammunition is shaping the market.
• Progress in propellant and casing technologies is a significant trend.
• Sustainable practices in ammunition manufacturing are becoming prevalent.
• The miniaturization of ammunition and enhancements in training ammunition are gaining traction.
Who Are the Top Competitors & Leading Players in the Ammunition Market?
Major companies in the ammunition market are:
• General Dynamics Corporation
• Northrop Grumman Corporation
• CBC Global Ammunition
• Lapua Ammunition
• Olin Corporation
• Alliant Techsystems Inc.
• Vista Outdoor Inc.
• Ruag Ammotec
• Nammo AS
• Remington Arms Company
• Fiocchi Munizioni S.p.A.
• Magpul Industries (Magpul Ammunition)
• Browning Ammunition
• Hornady Manufacturing Company
• Norma Precision AB
• Nosler Inc.
• Black Hills Ammunition
• Barnes Bullets LLC
• PMC Ammunition
• Dynamic Research Technologies
• Underwood Ammunition
• Atomic Ammunition
• Buffalo Bore Ammunition
• DoubleTap Ammunition
• ELEY (ELEY Ammunition)
• Aguila Ammunition
• GECO Ammunition
• PolyCase Ammunition
• SBR Ammunition
• SIG Sauer (SIG Sauer Ammunition)
• Dynamic Munitions
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the ammunition market in 2024
