Sign in

Small Caliber Ammunition Market Overview 2024-2033 – Competitive Landscape and Strategies

saikiran TBRC
Small Caliber Ammunition Market Overview 2024-2033 – Competitive Landscape and Strategies

The Small Caliber Ammunition Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Small Caliber Ammunition Market:


According to The Business Research Company’s Small Caliber Ammunition Global Market Report 2024, The small caliber ammunition market size has grown steadily in recent years. It will grow from $9.99 billion in 2023 to $10.36 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The growth in the historic period can be attributed to military modernization programs, global conflicts and defense spending, law enforcement demand, civilian firearm ownership, sport shooting and recreational activities.

The small caliber ammunition market size is expected to see steady growth in the next few years. It will grow to $11.79 billion in 2028 at a compound annual growth rate (CAGR) of 3.3%. The growth in the forecast period can be attributed to global security concerns, counterterrorism operations, civilian firearms market trends, increasing participation in shooting sports, military and law enforcement training needs. Major trends in the forecast period include focus on training and simulation ammunition, global increase in defense budgets, strategic partnerships, emphasis on reduced environmental impact, customization and modular ammunition systems.

Rising military spending is expected to propel the growth of the small-caliber ammunition market going forward. Military expenditure is the sum of money a country spends to build and sustain its armed forces or other defense-related strategies. The military's expenditure on small-caliber ammunition guarantees that the armed forces have access to ammunition that can engage targets precisely, effectively, and with enough firepower, which enhances soldiers' efficiency on the battlefield. For instance, in June 2022, according to the Office of the Parliamentary Budget Officer, a Canada-based intergovernmental organization, total military spending is expected to increase from $36.3 billion in 2022–2023 to $51.0 billion in 2026–2027. Therefore, rising military spending drives the growth of the small-caliber ammunition market.

Get A Free Sample Of The Report (Includes Graphs And Tables):


The small caliber ammunition market covered in this report is segmented –

1) By Caliber: 5.56 MM, 7.62 MM, 0.50 BGM, 9 MM, Other Calibers

2) By Bullet Type: Lead, Copper, Brass, Other Bullet Types

3) By Gun Type: Pistols, Rifles, Shot Guns

4) By End-User: Military, Homeland Security, Law Enforcement Agencies

Investments in small-caliber ammunition are a key trend gaining popularity in the small-caliber ammunition market. Major companies operating in small-caliber ammunition were awarded few contracts with huge investments for producing small-caliber ammunition. For instance, in June 2022, the U.S. Department of Defense (DOD), a US-based government agency awarded $51.8 million for modifying the existing contract and manufacturing 5.56 mm, 7.62 mm, and .50 caliber ammunition. Furthermore, in November 2020, the UK Ministry of Defense (MOD), a UK-based government department awarded US$3.2 billion(£2.4bn) for the supply of munitions to the UK Ministry of Defense (MOD). This contract is named Next Generation Munitions Solution’ (NGMS), which includes manufacturing small-arms ammunition, mortars, medium caliber gun rounds, and heavy artillery rounds.

The small caliber ammunition market report table of contents includes:

1. Executive Summary

2.Small Caliber Ammunition Market Characteristics

3.Small Caliber Ammunition Market Trends And Strategies

4. Small Caliber Ammunition Market analysis

5. Small Caliber Ammunition Market Size And Growth

6. Small Caliber Ammunition Segmentation

7.Small Caliber Ammunition Regional And Country Analysis




27. Small Caliber Ammunition Competitive Landscape And Company Profiles

28.Small Caliber Ammunition Key Mergers And Acquisitions

29.Small Caliber Ammunition Future Outlook and Potential Analysis


  • General Dynamics Corporation
  • Northrop Grumman Corporation
  • BAE Systems PLC
  • Olin Corporation

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: [email protected] 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company 

Twitter: https://twitter.com/tbrc_info 

Facebook: https://www.facebook.com/TheBusinessResearchCompany 

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ 

Blog: https://blog.tbrc.info/  

Healthcare Blog: https://healthcareresearchreports.com/ 

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model 

saikiran TBRC
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more