Ammunition Market - Global Forecast 2026-2032

The ammunition market is undergoing rapid evolution as technology advances and global regulations shift, creating both challenges and opportunities for executive leadership. Navigating this dynamic environment requires a strategic emphasis on risk management, compliance, and agile adaptation for sustained growth.

Market Snapshot: Ammunition Market Size and Growth

The global ammunition market grew from USD 69.16 billion in 2025 to USD 72.72 billion in 2026, with projections indicating a rise to USD 99.79 billion by 2032, based on a 5.37% CAGR. Expansion is fueled by continuous defense modernization initiatives and heightened civilian interest in advanced ammunition. Rising demand in both state and private sectors highlights the importance of innovation, reliable sourcing, and customization. Companies are investing in research and development, optimizing production systems, and competitively aligning with regulatory shifts across varied regions.

Scope & Segmentation

Strategic industry segmentation facilitates precise market access and supports senior decision-makers in assessing operational and investment risks. Each dimension outlined below informs differentiated strategies for product development and market entry:

Product Types: Artillery, grenade, large caliber, medium caliber, small caliber, shotshells, specialized ammunition, and warheads & mortar munitions drive diverse supply chain dynamics and influence research agendas for various defense and civilian applications.
Caliber Ranges: Categories such as below 20mm, 20mm–40mm, 40mm–100mm, 100mm–200mm, and over 200mm address operational needs from law enforcement to heavy weaponry, helping firms prioritize investments in cross-platform solutions.
Material Choices: Copper, polymer, and steel selections affect cost structures, supply chain flexibility, and strategic planning for both procurement and long-term capability development.
Guidance Systems: Guided and non-guided ammunition profiles shape investment in R&D, influence integration complexity, and determine system adaptability for evolving missions.
End Users: Civilian (hunting, self defense, sport shooting), law enforcement (police, special task forces), and military (air force, army, coast guard, navy) audiences each drive distinctive regulatory and partnership requirements for market participants.
Regional Markets: The Americas benefit from ongoing defense updates and growing private market demand. Europe, the Middle East, and Africa focus on harmonized regulations and collaborative supply programs, while Asia-Pacific prioritizes domestic innovation and localization of supply chains.

Ammunition Market: Key Takeaways

Advances in guidance technology are creating new prospects for smart munitions and require companies to build strong electronics integration and rapid-response research teams.
Adoption of innovative materials, including advanced copper alloys and polymers, is driving shifts in manufacturing sustainability and prompting new strategies for managing production expenses.
Procurement practices are evolving towards modularity and enhanced traceability, supporting higher expectations for compliance and robust lifecycle monitoring.
Forming system-level partnerships among engineering teams, specialty suppliers, and responsive service providers becomes critical to anticipating and navigating regulatory and technology transitions.
Regional sourcing and resilient logistics are increasingly essential for cost control and supply assurance given unpredictable global conditions and trade disruptions.

Tariff Impact on Supply and Sourcing

U.S. tariff policies on strategic raw materials and finished ammunition products have reshaped supply networks and extended lead times. Producers are responding by diversifying sources, increasing domestic output, and modifying input material choices where possible. This environment has made logistics resilience and adaptive inventory management central to mitigating risk and optimizing performance. Investments in regional production and expanded collaboration between manufacturers and suppliers are supporting greater agility in the face of regulatory and geopolitical uncertainties.

Methodology & Data Sources

The ammunition market report employs structured interviews with procurement and technical leaders, on-site facility inspections, comprehensive technical and regulatory analysis, and detailed trade documentation review. Scenario mapping and value chain analysis are integral for identifying market vulnerabilities and guiding C-suite planning.

Why This Report Matters

Empowers executive and procurement teams to pinpoint risks and growth opportunities by linking technology adoption with supply and regulatory realities.
Facilitates investment in modular system design, regional supply resilience, and end-to-end traceability based on focused regional intelligence.
Offers a practical reference framework for evaluating partnerships, shaping market entry, and prioritizing compliance investments across complex regulatory environments.

Conclusion

Firms that emphasize supply chain resilience, modular product development, and effective regional alliances will remain adaptable as the ammunition industry evolves. Continued success depends on cohesive management of innovation, sourcing, and regulatory alignment.

Additional Product Information:

Purchase of this report includes 1 year online access with quarterly updates.
This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Ammunition Market, by Product Type

8.1. Artillery Ammunition
8.2. Grenade Ammunition
8.3. Large Caliber Ammunition
8.4. Medium Caliber Ammunition
8.5. Shotshells
8.6. Small Caliber Ammunition
8.7. Specialized Ammunition
8.8. Warheads & Mortar Ammunition

9. Ammunition Market, by Caliber Size

9.1. 100mm to 200mm
9.2. 20mm to 40mm
9.3. 40mm to 100mm
9.4. Below 20mm
9.5. Over 200mm

10. Ammunition Market, by Material Used

10.1. Copper
10.2. Polymer
10.3. Steel

11. Ammunition Market, by Guidance Mechanism

11.1. Guided Ammunition
11.2. Non-Guided Ammunition

12. Ammunition Market, by End User

12.1. Civilian
12.1.1. Hunting
12.1.2. Self Defense
12.1.3. Sport Shooting
12.2. Law Enforcement
12.2.1. Police Forces
12.2.2. Special Task Forces
12.3. Military
12.3.1. Air Force
12.3.2. Army
12.3.3. Coast Guard
12.3.4. Navy

13. Ammunition Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Ammunition Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Ammunition Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Ammunition Market
17. China Ammunition Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. Arsenal JSCo.
18.6. BAE Systems PLC
18.7. CBC Global Ammunition
18.8. Denel SOC Ltd.
18.9. EDGE PJSC Group
18.10. Elbit Systems Ltd.
18.11. FN Herstal by FN Browning Group
18.12. FRITZ WERNER Industrie-Ausrüstungen GmbH
18.13. General Dynamics Corporation
18.14. Hanwha Corporation
18.15. Hornady Manufacturing, Inc.
18.16. Leonardo S.p.A.
18.17. Nammo AS
18.18. Norma
18.19. Northrop Grumman Corporation
18.20. Nosler Inc.
18.21. Remington Ammunition
18.22. Rheinmetall AG
18.23. RWS GmbH by Beretta Holding Group
18.24. Saab AB
18.25. Singapore Technologies Engineering Ltd.
18.26. Thales Group
18.27. Winchester Ammunition by Olin Corporation

List of Figures

FIGURE 1. GLOBAL AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL AMMUNITION MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL AMMUNITION MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL AMMUNITION MARKET SIZE, BY MATERIAL USED, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL AMMUNITION MARKET SIZE, BY END USER, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL AMMUNITION MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL AMMUNITION MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL AMMUNITION MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL AMMUNITION MARKET SIZE, BY ARTILLERY AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL AMMUNITION MARKET SIZE, BY ARTILLERY AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL AMMUNITION MARKET SIZE, BY ARTILLERY AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL AMMUNITION MARKET SIZE, BY GRENADE AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL AMMUNITION MARKET SIZE, BY GRENADE AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL AMMUNITION MARKET SIZE, BY GRENADE AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL AMMUNITION MARKET SIZE, BY LARGE CALIBER AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL AMMUNITION MARKET SIZE, BY LARGE CALIBER AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL AMMUNITION MARKET SIZE, BY LARGE CALIBER AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL AMMUNITION MARKET SIZE, BY MEDIUM CALIBER AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL AMMUNITION MARKET SIZE, BY MEDIUM CALIBER AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL AMMUNITION MARKET SIZE, BY MEDIUM CALIBER AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL AMMUNITION MARKET SIZE, BY SHOTSHELLS, BY REGION, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL AMMUNITION MARKET SIZE, BY SHOTSHELLS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL AMMUNITION MARKET SIZE, BY SHOTSHELLS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL AMMUNITION MARKET SIZE, BY SMALL CALIBER AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL AMMUNITION MARKET SIZE, BY SMALL CALIBER AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL AMMUNITION MARKET SIZE, BY SMALL CALIBER AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL AMMUNITION MARKET SIZE, BY SPECIALIZED AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL AMMUNITION MARKET SIZE, BY SPECIALIZED AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL AMMUNITION MARKET SIZE, BY SPECIALIZED AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL AMMUNITION MARKET SIZE, BY WARHEADS & MORTAR AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL AMMUNITION MARKET SIZE, BY WARHEADS & MORTAR AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL AMMUNITION MARKET SIZE, BY WARHEADS & MORTAR AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL AMMUNITION MARKET SIZE, BY 100MM TO 200MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL AMMUNITION MARKET SIZE, BY 100MM TO 200MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL AMMUNITION MARKET SIZE, BY 100MM TO 200MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL AMMUNITION MARKET SIZE, BY 20MM TO 40MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL AMMUNITION MARKET SIZE, BY 20MM TO 40MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL AMMUNITION MARKET SIZE, BY 20MM TO 40MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL AMMUNITION MARKET SIZE, BY 40MM TO 100MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL AMMUNITION MARKET SIZE, BY 40MM TO 100MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL AMMUNITION MARKET SIZE, BY 40MM TO 100MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL AMMUNITION MARKET SIZE, BY BELOW 20MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL AMMUNITION MARKET SIZE, BY BELOW 20MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL AMMUNITION MARKET SIZE, BY BELOW 20MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL AMMUNITION MARKET SIZE, BY OVER 200MM, BY REGION, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL AMMUNITION MARKET SIZE, BY OVER 200MM, BY GROUP, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL AMMUNITION MARKET SIZE, BY OVER 200MM, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL AMMUNITION MARKET SIZE, BY COPPER, BY REGION, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL AMMUNITION MARKET SIZE, BY COPPER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL AMMUNITION MARKET SIZE, BY COPPER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL AMMUNITION MARKET SIZE, BY POLYMER, BY REGION, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL AMMUNITION MARKET SIZE, BY POLYMER, BY GROUP, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL AMMUNITION MARKET SIZE, BY POLYMER, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL AMMUNITION MARKET SIZE, BY STEEL, BY REGION, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL AMMUNITION MARKET SIZE, BY STEEL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL AMMUNITION MARKET SIZE, BY STEEL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL AMMUNITION MARKET SIZE, BY GUIDED AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL AMMUNITION MARKET SIZE, BY GUIDED AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL AMMUNITION MARKET SIZE, BY GUIDED AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL AMMUNITION MARKET SIZE, BY NON-GUIDED AMMUNITION, BY REGION, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL AMMUNITION MARKET SIZE, BY NON-GUIDED AMMUNITION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL AMMUNITION MARKET SIZE, BY NON-GUIDED AMMUNITION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL AMMUNITION MARKET SIZE, BY CIVILIAN, BY REGION, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL AMMUNITION MARKET SIZE, BY CIVILIAN, BY GROUP, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL AMMUNITION MARKET SIZE, BY CIVILIAN, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL AMMUNITION MARKET SIZE, BY HUNTING, BY REGION, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL AMMUNITION MARKET SIZE, BY HUNTING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL AMMUNITION MARKET SIZE, BY HUNTING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL AMMUNITION MARKET SIZE, BY SELF DEFENSE, BY REGION, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL AMMUNITION MARKET SIZE, BY SELF DEFENSE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL AMMUNITION MARKET SIZE, BY SELF DEFENSE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL AMMUNITION MARKET SIZE, BY SPORT SHOOTING, BY REGION, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL AMMUNITION MARKET SIZE, BY SPORT SHOOTING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL AMMUNITION MARKET SIZE, BY SPORT SHOOTING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, BY REGION, 2018-2032 (USD MILLION)
TABLE 75. GLOBAL AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 76. GLOBAL AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 77. GLOBAL AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 78. GLOBAL AMMUNITION MARKET SIZE, BY POLICE FORCES, BY REGION, 2018-2032 (USD MILLION)
TABLE 79. GLOBAL AMMUNITION MARKET SIZE, BY POLICE FORCES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 80. GLOBAL AMMUNITION MARKET SIZE, BY POLICE FORCES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 81. GLOBAL AMMUNITION MARKET SIZE, BY SPECIAL TASK FORCES, BY REGION, 2018-2032 (USD MILLION)
TABLE 82. GLOBAL AMMUNITION MARKET SIZE, BY SPECIAL TASK FORCES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 83. GLOBAL AMMUNITION MARKET SIZE, BY SPECIAL TASK FORCES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 84. GLOBAL AMMUNITION MARKET SIZE, BY MILITARY, BY REGION, 2018-2032 (USD MILLION)
TABLE 85. GLOBAL AMMUNITION MARKET SIZE, BY MILITARY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 86. GLOBAL AMMUNITION MARKET SIZE, BY MILITARY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 87. GLOBAL AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 88. GLOBAL AMMUNITION MARKET SIZE, BY AIR FORCE, BY REGION, 2018-2032 (USD MILLION)
TABLE 89. GLOBAL AMMUNITION MARKET SIZE, BY AIR FORCE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 90. GLOBAL AMMUNITION MARKET SIZE, BY AIR FORCE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 91. GLOBAL AMMUNITION MARKET SIZE, BY ARMY, BY REGION, 2018-2032 (USD MILLION)
TABLE 92. GLOBAL AMMUNITION MARKET SIZE, BY ARMY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 93. GLOBAL AMMUNITION MARKET SIZE, BY ARMY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 94. GLOBAL AMMUNITION MARKET SIZE, BY COAST GUARD, BY REGION, 2018-2032 (USD MILLION)
TABLE 95. GLOBAL AMMUNITION MARKET SIZE, BY COAST GUARD, BY GROUP, 2018-2032 (USD MILLION)
TABLE 96. GLOBAL AMMUNITION MARKET SIZE, BY COAST GUARD, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 97. GLOBAL AMMUNITION MARKET SIZE, BY NAVY, BY REGION, 2018-2032 (USD MILLION)
TABLE 98. GLOBAL AMMUNITION MARKET SIZE, BY NAVY, BY GROUP, 2018-2032 (USD MILLION)
TABLE 99. GLOBAL AMMUNITION MARKET SIZE, BY NAVY, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 100. GLOBAL AMMUNITION MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 101. AMERICAS AMMUNITION MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 102. AMERICAS AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 103. AMERICAS AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 104. AMERICAS AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 105. AMERICAS AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 106. AMERICAS AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 107. AMERICAS AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 108. AMERICAS AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 109. AMERICAS AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 110. NORTH AMERICA AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 111. NORTH AMERICA AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 112. NORTH AMERICA AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 113. NORTH AMERICA AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 114. NORTH AMERICA AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 115. NORTH AMERICA AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 116. NORTH AMERICA AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 117. NORTH AMERICA AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 118. NORTH AMERICA AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 119. LATIN AMERICA AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 120. LATIN AMERICA AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 121. LATIN AMERICA AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 122. LATIN AMERICA AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 123. LATIN AMERICA AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 124. LATIN AMERICA AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 125. LATIN AMERICA AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 126. LATIN AMERICA AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 127. LATIN AMERICA AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 128. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 129. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 130. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 131. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 132. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 133. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 134. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 135. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 136. EUROPE, MIDDLE EAST & AFRICA AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 137. EUROPE AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 138. EUROPE AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 139. EUROPE AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 140. EUROPE AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 141. EUROPE AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 142. EUROPE AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 143. EUROPE AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 144. EUROPE AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 145. EUROPE AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 146. MIDDLE EAST AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 147. MIDDLE EAST AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 148. MIDDLE EAST AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 149. MIDDLE EAST AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 150. MIDDLE EAST AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 151. MIDDLE EAST AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 152. MIDDLE EAST AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 153. MIDDLE EAST AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 154. MIDDLE EAST AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 155. AFRICA AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 156. AFRICA AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 157. AFRICA AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 158. AFRICA AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 159. AFRICA AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 160. AFRICA AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 161. AFRICA AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 162. AFRICA AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 163. AFRICA AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 164. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 165. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 166. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 167. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 168. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 169. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 170. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 171. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 172. ASIA-PACIFIC AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 173. GLOBAL AMMUNITION MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 174. ASEAN AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 175. ASEAN AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 176. ASEAN AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 177. ASEAN AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 178. ASEAN AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 179. ASEAN AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 180. ASEAN AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 181. ASEAN AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 182. ASEAN AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 183. GCC AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 184. GCC AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 185. GCC AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 186. GCC AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 187. GCC AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 188. GCC AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 189. GCC AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 190. GCC AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 191. GCC AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 192. EUROPEAN UNION AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 193. EUROPEAN UNION AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 194. EUROPEAN UNION AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 195. EUROPEAN UNION AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 196. EUROPEAN UNION AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 197. EUROPEAN UNION AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 198. EUROPEAN UNION AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 199. EUROPEAN UNION AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 200. EUROPEAN UNION AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 201. BRICS AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 202. BRICS AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 203. BRICS AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 204. BRICS AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 205. BRICS AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 206. BRICS AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 207. BRICS AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 208. BRICS AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 209. BRICS AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 210. G7 AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 211. G7 AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 212. G7 AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 213. G7 AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 214. G7 AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 215. G7 AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 216. G7 AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 217. G7 AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 218. G7 AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 219. NATO AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 220. NATO AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 221. NATO AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 222. NATO AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 223. NATO AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 224. NATO AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 225. NATO AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 226. NATO AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 227. NATO AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 228. GLOBAL AMMUNITION MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 229. UNITED STATES AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 230. UNITED STATES AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 231. UNITED STATES AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 232. UNITED STATES AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 233. UNITED STATES AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 234. UNITED STATES AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 235. UNITED STATES AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 236. UNITED STATES AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 237. UNITED STATES AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)
TABLE 238. CHINA AMMUNITION MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 239. CHINA AMMUNITION MARKET SIZE, BY PRODUCT TYPE, 2018-2032 (USD MILLION)
TABLE 240. CHINA AMMUNITION MARKET SIZE, BY CALIBER SIZE, 2018-2032 (USD MILLION)
TABLE 241. CHINA AMMUNITION MARKET SIZE, BY MATERIAL USED, 2018-2032 (USD MILLION)
TABLE 242. CHINA AMMUNITION MARKET SIZE, BY GUIDANCE MECHANISM, 2018-2032 (USD MILLION)
TABLE 243. CHINA AMMUNITION MARKET SIZE, BY END USER, 2018-2032 (USD MILLION)
TABLE 244. CHINA AMMUNITION MARKET SIZE, BY CIVILIAN, 2018-2032 (USD MILLION)
TABLE 245. CHINA AMMUNITION MARKET SIZE, BY LAW ENFORCEMENT, 2018-2032 (USD MILLION)
TABLE 246. CHINA AMMUNITION MARKET SIZE, BY MILITARY, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Ammunition market report include:

Arsenal JSCo.
BAE Systems PLC
CBC Global Ammunition
Denel SOC Ltd.
EDGE PJSC Group
Elbit Systems Ltd.
FN Herstal by FN Browning Group
FRITZ WERNER Industrie-Ausrüstungen GmbH
General Dynamics Corporation
Hanwha Corporation
Hornady Manufacturing, Inc.
Leonardo S.p.A.
Nammo AS
Norma
Northrop Grumman Corporation
Nosler Inc.
Remington Ammunition
Rheinmetall AG
RWS GmbH by Beretta Holding Group
Saab AB
Singapore Technologies Engineering Ltd.
Thales Group
Winchester Ammunition by Olin Corporation

Table Information

Report Attribute	Details
No. of Pages	191
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 72.72 Billion
Forecasted Market Value ( USD ) by 2032	$ 99.79 Billion
Compound Annual Growth Rate	5.3%
Regions Covered	Global
No. of Companies Mentioned	24

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3511EUR$3,939USD£3,045GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3787EUR$4,249USD£3,285GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5133EUR$5,759USD£4,452GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6212EUR$6,969USD£5,387GBP

Market Snapshot: Ammunition Market Size and Growth

Scope & Segmentation

Ammunition Market: Key Takeaways

Tariff Impact on Supply and Sourcing

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

Related Topics

Related Reports

Ammunition - Global Strategic Business Report

North America Ammunition Market Outlook, 2030

Asia-Pacific Ammunition - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)

Large Caliber Ammunition Market - Global Forecast 2026-2032

Ammunition Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)