Ammunition Market Report 2025 (Global Edition)

Global Ammunition Market Report 2025 Market Size Split by Caliber (Small-Caliber Ammunition, Medium-Caliber Ammunition, Large-Caliber Ammunition, Others), by Product (BULLETS, AERIAL BOMBS, GRENADES, ...

Ammunition Market Report Description

We have various report editions of Ammunition Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.

Ammunition Market Insights Video

Competitive Landscape of the Ammunition Market

In February 2023, Remington Arms Company LLC introduced its new product line. The company announced the updates in its existing product line of handguns, rimfires, shotshells, and rifles.

(Source: https://www.remington.com/)

Top Companies Market Share in Ammunition Industry: (In no particular order of Rank)

• Northrop Grumman Corporation
• FN Herstal
• Olin Corporation
• General Dynamics Corporation
• BAE Systems Inc.
• Rheinmetall Defense
• Nexter KNDS Group
• Hanwha Corporation
• ST Engineering
• Remington Arms Company LLC
• Vista Outdoor Operations LLC
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Ammunition Market

Which Region Dominates the Ammunition Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to its large defense budget, extensive military infrastructure, and robust civilian firearms market. The United States, in particular, accounts for a significant portion of global ammunition production and consumption. Its defense industry, supported by government contracts and technological innovation, drives market growth. Additionally, a strong culture of gun ownership and recreational shooting contributes to sustained demand. Regulatory frameworks, although stringent, generally support the industry's expansion within the region.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the Ammunition market due to the rapid economic growth, coupled with increasing defense budgets among countries like China, India, and South Korea, which drives the demand for ammunition to modernize military capabilities. Additionally, geopolitical tensions and territorial disputes in the region fuel the procurement of advanced weaponry and ammunition. Furthermore, rising security concerns, border conflicts, and terrorism threats contribute to sustained growth in ammunition procurement across the Asia Pacific region.

The current report Scope analyzes Ammunition Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

Ammunition Market Analysis

Caliber Segment Analysis of Ammunition Market

We have defined the scope of the Ammunition market in the aerospace and defense industry through comprehensive primary and secondary research methodologies. The type segment/horizontal segment analysis of the Ammunition market offers detailed insights into key leading segments, their revenue, and market share, along with the factors contributing to their dominance at both global and regional levels. Additionally, we provide revenue trends and year-over-year (Y-O-Y) growth for each segment, backed by detailed qualitative analysis.

The Ammunition market types/products segment analysis enables clients to expand into new aerospace and defense markets and diversify their customer base, helping to create additional revenue streams and strengthen their competitive position. We also offer customized research scopes based on specific client requirements. For any inquiries or further details, please connect with our research team.

Caliber of Ammunition analyzed in this report are as follows:

• Small-Caliber Ammunition
• Medium-Caliber Ammunition
• Large-Caliber Ammunition
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Ammunition Industry. Request a Free Sample PDF!

Product Segment Analysis of Ammunition Market

The aerospace and defense industry is one of the most dynamic sectors, driven by cutting-edge technologies, evolving defense strategies, and regulatory compliance. In this chapter, we have included the Ammunition market size, revenue share, and growth rate for each segment at both global and regional levels.

Additionally, we offer a qualitative analysis of the key drivers and restraints shaping the growth of the Ammunition market. This section provides valuable insights into aerospace and defense industry trends, challenges, and technological advancements. By utilizing this analysis, all types of manufacturing, R&D, and defense operations can develop strategic plans and make well-informed decisions to maintain a competitive edge in a rapidly evolving market.

Some of the key Product of Ammunition are:

• BULLETS
• AERIAL BOMBS
• GRENADES
• ARTILLERY SHELLS
• MORTARS

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Ammunition End User Segment Analysis

According to Cognitive Market Research, defense is the dominating category due to its consistent and substantial demand for various types of ammunition, ranging from small arms to heavy artillery. Governments and military organizations worldwide continuously procure ammunition to maintain their defense capabilities, support training exercises, and replenish stockpiles. Additionally, defense contracts often involve large-scale orders, providing stability and significant revenue for ammunition manufacturers. Furthermore, stringent quality standards, specialized requirements, and long-term partnerships with defense entities create barriers to entry for competitors, consolidating the dominance of defense end users in the ammunition market.

• Civil & Commercial
• Defense

Ammunition Component Segment Analysis

• FUZES & PRIMERS
• PROPELLANTS
• BASES
• PROJECTILES AND WARHEADS
• OTHERS

Ammunition GUIDANCE MECHANISM Segment Analysis

• GUIDED
• NON-GUIDED

Ammunition LETHALITY Segment Analysis

• LESS LETHAL
• LETHAL

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

Author's Conclusion