Global Civil Small Caliber Ammunition Market Size By Type of Bullet, By End-User, By Distribution Channel, By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Civil Small Caliber Ammunition Market Size And Forecast
Civil Small Caliber Ammunition Market size was valued at USD 13.09 Billion in 2023 and is projected to reach USD 15.30 Billion by 2030, growing at a CAGR of 2.7% during the forecast period 2024-2030.
Global Civil Small Caliber Ammunition Market Drivers
The growth and development of the Civil Small Caliber Ammunition Market is attributed to certain main market drivers. These factors have a big impact on how Civil Small Caliber Ammunition is demanded and adopted in different sectors. Several of the major market forces are as follows
Growing Civilian Gun Ownership The demand for small-calibre ammunition for civilian use may rise in response to a rise in civilian gun ownership, which may be sparked by reasons including recreational or personal security concerns.
Sport Shooting and Recreational Activities The demand for small caliber ammunition among civilian gun enthusiasts is influenced by the popularity of sport shooting and recreational shooting activities.
Self-Defense Fears heightened fears for one’s own safety and self-defense may prompt people to buy guns, which will raise the market for small-caliber ammunition.
Growing Interest in and Involvement in Shooting Sports The market for small calibre ammunition made for accuracy and precision may be driven by the rising interest in and involvement in shooting sports and competitions.
Law enforcement and Military Training The necessity for further training for those utilizing small caliber firearms in the military and law enforcement may influence the demand for small caliber civil ammunition as a whole.
Hunting and Wildlife Management The majority of hunting is done with small-calibre ammunition. The demand for ammunition in this market category may be driven by the growing popularity of hunting and wildlife management.
Technological Developments in Ammunition Design New developments in ammunition design, such as increased materials and performance, may draw buyers looking for added security and performance.
Legal Frameworks and Regulations Modifications to the laws that either remove or tighten the prohibitions on the sale of ammunition and the possession of firearms may have a major effect on the civil small calibre ammunition industry.
Global Civil Small Caliber Ammunition Market Restraints
The Civil Small Caliber Ammunition Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are
Tight Regulatory Environment The expansion and accessibility of the market may be constrained by tight rules and legal prohibitions on the sale of ammunition and the possession of firearms.
Public Safety Concerns High-profile gun-related occurrences may draw more attention from the public and prompt requests for stricter laws, which may have an effect on the supply of small-caliber ammunition.
Volatility in Geopolitical Relations Tensions and uncertainties in the geopolitical arena might impact regulatory frameworks, which can have an impact on global trade and possibly lead to the imposition of limitations on the sale of ammunition.
Economic Downturns Reduced consumer spending might result in a decline in the demand for non-essential products such as ammunition and firearms.
Alternatives Available The demand for small calibre ammunition may be impacted by the availability of non-gun recreational activities or alternative means of self-defense.
Social and Cultural Shifts Public perception and demand may be impacted by changing social and cultural views towards guns and gun ownership.
Manufacturing Constraints The availability of small calibre ammunition may be hampered by restrictions on manufacturing capacity or interruptions in the supply chain.
Environmental and Safety Concerns Concerns about lead contamination from ammunition components may result in more stringent regulations and oversight.
Global Civil Small Caliber Ammunition Market Segmentation Analysis
The Global Civil Small Caliber Ammunition Market is Segmented on the basis of Type of Bullet, End-User, Distribution Channel, and Geography.
1. By Type of Bullet
Full Metal Jacket (FMJ) Standard ammo for training and target practice.
Soft Point (SP) Designed for controlled expansion, this material is appropriate for hunting purposes.
Ballistic Tip Frequently employed in hunting, this tip is renowned for its precision and quick expansion.
Fragile Intended to disintegrate on impact, reducing the chance of over-penetration.
2. By End-User
Recreation and Sport Shooting Specialised ammunition for recreational and sport shooting activities.
Hunting Specifically made for hunting different kinds of animals.
Law Enforcement Training Weapons utilised in law enforcement agency training exercises.
Alternatives Tailored programmes according to particular user requirements.
3. By Distribution Channel
Physical merchants Transactions made through brick-and-mortar stores and merchants of firearms.
Online retailers E-commerce platforms that help with online distribution and sales.
Direct Sales (Manufacturer to Consumer) Through a variety of methods, manufacturers sell directly to customers.
4. By Geography
North America
Europe
The Asia-Pacific
Latin America
Africa and The Middle East
Key Players
The major players in the Civil Small Caliber Ammunition Market are
Olin Corporation (US)
Vista Outdoor Inc. (US)
Remington Arms Company, Inc. (US)
Federal Cartridge Company (US)
Hornady Manufacturing, Inc. (US)
RUAG Ammotec GmbH (Switzerland)
Sellier & Bellot (Czech Republic)
CCI Ammunition (US)
Fiocchi Munizioni S.p.A. (Italy)
Geco Ammunition (Germany)
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2020-2030
BASE YEAR
2023
FORECAST PERIOD
2024-2030
HISTORICAL PERIOD
2020-2022
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Olin Corporation (US)
Vista Outdoor Inc. (US)
Remington Arms Company, Inc. (US)
Federal Cartridge Company (US)
Hornady Manufacturing, Inc. (US)
RUAG Ammotec GmbH (Switzerland)
Sellier & Bellot (Czech Republic)
CCI Ammunition (US)
Fiocchi Munizioni S.p.A. (Italy)
SEGMENTS COVERED
Type of Bullet, End-User, Distribution Channel, and Geography.
CUSTOMIZATION SCOPE
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