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Small Caliber Ammunition Market Size – USD 7.74 Billion in 2020, Market Growth – at a CAGR of 2.3%
VANCOUER, BC, CANADA, January 12, 2022 /EINPresswire.com / -- The latest report, titled 'Global Small Caliber Ammunition Market ', published by emergen research , is anticipated to witness a substantial growth rate over the forecast period of 2020-2028. 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. 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
The market intelligence report offers a complete overview of the Small Caliber Ammunition Market , with minute details on the competitive landscape and the profiles of the key companies operating in the business. Target shooting such as skeet shooting, field shooting, and trap shooting are popular in various countries across the globe, and this is supporting steady demand for small caliber ammunition. In addition, demand for handguns and small caliber ammunition for self-defense is increasing owing to rising incidence of crimes against person and property in various countries.
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A global small caliber ammunition market growth is imposition of government rules and regulations against procurement of arms and ammunition in different countries. Import-export laws and anti-corruption laws that differ from country to country also cause hindrance to growth of the small caliber ammunition market. In addition, lack of effective security and management at international borders encourages smuggling of domestically or locally produced weapons and ammunition.
Top key vendors in Small Caliber Ammunition Market include 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), and Olin Corporation
Research Methodology
The Small Caliber Ammunition Market report is created using primary and secondary research. Primary research involves collection of first-hand information from the industry players by our team. Secondary research involves collection of information from various paid and unpaid sources which is backed by industry experts and analysts.
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Our team of analysts has conducted an assessment of the historical Small Caliber Ammunition Market trends, estimated growth rate, revenue generation, production capacity, pricing structure, and numerous other vital aspects of the market, including key Small Caliber Ammunition Market drivers, opportunities, challenges, and restraints. The latest research report delivers a precise study of the Small Caliber Ammunition Market industry, emphasizing its vital components, such as import and export analysis, production and consumption rates, sales channels, and consumer bases in the leading regions across the global market.
Overview of the Small Caliber Ammunition Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis\
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
Emergen Research has segmented the global Small Caliber Ammunition Market Are :
Caliber Type Outlook (Revenue, USD Billion; 2018–2028)
.223 Remington
.308 Winchester
9mm
62mm
45 ACP
.338 Lapua Magnum
56mm
Others
Bullet Type Outlook (Revenue, USD Billion; 2018-2028)
Lead
Copper
Brass
Others
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Gun Type Outlook (Revenue, USD Billion; 2018–2028)
Rifles
Pistols
Handguns
Shotguns
Others
Regional Analysis:
The global Small Caliber Ammunition Market report broadly considers the market mechanism of both the developing and developed regions of the market. This section provides crucial data and information about the different market regions, a country-wise analysis of the Small Caliber Ammunition Market industry, and an assessment of the market reach and consumer base in the key geographical regions to enable readers to formulate effective business expansion strategies.
Major Objectives of the Study:
To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
Accurate insights into the future growth prospects of the market through an
analysis of the influencing factors
Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter's Five Forces analysis, SWOT analysis, and investment return analysis
Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
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Eric Lee
Emergen Research
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