Paraguay Arms and Ammunition Market: Focus on Weapons, Firearms, Ammunition and Accessories - Analysis and Forecast, 2018-2022

  • ID: 4655364
  • Report
  • Region: Paraguay
  • 31 pages
  • BIS Research
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Paraguay Arms and Ammunition Market is Anticipated to Reach $19 Million by 2022

The arms and ammunition market in Paraguay has exhibited a stable growth in the recent past. The rising demand for arms and ammunition from the tourism industry is expected to drive the growth of the market during the forecast period. The competitive landscape includes market players supplying arms and ammunition to Paraguay from all over the world. Factors such as cost, innovation and development, and ease of accessibility have been significant for gaining growth in the arms and ammunition market in Paraguay.

Arms and ammunition are used by different end users, such as military, law enforcement, and civilians, based on their requirements. A steep rise in demand for arms and ammunition in the civilian market is expected during the forecast period, as Paraguay is gaining popularity among tourists as a pocket-friendly tourist destination.

The market landscape includes players from different geographies having global distribution networks along with domestic manufacturers. Factors such as cost, innovation and development, and ease of accessibility have been significant for the market growth of the arms and ammunition industry in Paraguay.

The arms and ammunition market in Paraguay is anticipated to generate a revenue of $19 million by 2022. The demand is majorly attributed to come from the tourism industry for hunting and shooting sports applications. Additionally, it is expected that government and law enforcement agencies will invest more on buying arms and ammunition to control situations related to border security and illegal trade.

The following points provide a concrete description of the topics covered in the report:

  • This report identifies the arms and ammunition market in Paraguay across different categories such as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.
  • The report mentions about key market players for each category of arms and ammunition imported in the Paraguay market.
  • There is an additional focus on small caliber ammunition market. The report provides expected value and volume of imports for small caliber ammunition by both brand and caliber types during the forecast period.
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Executive Summary
1  Report Scope and Methodology
1.1 Scope of the Report
1.2 Paraguay Arms and Ammunition Market Segmentation
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 Assumptions and Limitations

2 Paraguay Arms and Ammunition Market
2.1 Introduction
2.2 Market Overview
2.3 Military Weapons
2.4 Revolvers and Pistols
2.5 Firearms and Similar devices
2.6 Spring, Air or Gas Guns and Pistols, Truncheons, and Other Non-Firearms
2.7 Parts and Accessories for Weapons
2.8 Bombs, Grenades, Torpedoes , Mines, Missiles, Cartridges, and Other Ammunitions
2.9 Paraguay Small Arms and Ammunition Market
2.9.1 Paraguay Small Arms Market Overview
2.9.2 Paraguay Small Caliber Ammunition Market Overview
2.9.3 Paraguay Small Caliber Ammunition Imports, Value and Volume
2.9.4 Paraguay Small Caliber Ammunition Imports (by Caliber)
2.9.5 Paraguay Small Caliber Ammunition Imports (by Brand)

List of Figures
1 Military Expenditure in Paraguay ( Percentagre of GDP ), 2012-2017
2 Paraguay Arms and Ammunition Market (Imports), 2017-2022
3 Paraguay Arms and Ammunition Market (Imports) , 2017 and 2022
4 Paraguay Small Caliber Ammunition Market (Imports), 2017 and 2022
1.1 Paraguay Arms and Ammunition Market Segmentation
1.2 Factors Considered for Data Prediction and Modeling
2.1 Paraguay Arms and Ammunition Market Segmentation
2.2 Overview of Paraguay Arms and Ammunition Market (Imports), 2017-2022
2.3 Overview of Paraguay Small Caliber Ammunition Market (Imports), 2017-2022
2.4 Paraguay  Arms and Ammunition Market for Military Weapons (Imports), 2017-2022
2.5 Paraguay Arms and Ammunition Market for Revolvers and Pistols (Imports), 2017-2022
2.6 Paraguay Arms and Ammunition Market for Firearms and Similar Devices (Imports), 2017-2022
2.7 Paraguay Arms and Ammunition Market for Spring, Air or Gas Guns and Pistols, Truncheons, and Other Non-Firearms (Imports), 2017-2022
2.8 Paraguay Arms and Ammunition Market for Parts and Accessories (Imports), 2017-2022
2.9 Paraguay Arms and Ammunition Market  for Bombs and Grandes -Torpedoes, Mines, Missiles, Cartridges, and Other Ammunition (Imports), 2017-2022
2.10 Paraguay Small Arms Market Overview
2.11 Paraguay Small Caliber Ammunition Market Overview
2.12 Paraguay Small Caliber Ammunition Imports (Value and Volume)
2.13 Paraguay Small Caliber Ammunition Imports (by Caliber), Value ($)
2.14 Paraguay Small Caliber Ammunition Imports (by Caliber), Volume (Unit)
2.15 Paraguay Small Caliber Ammunition Imports (by Brand), Value ($)
2.16 Paraguay Small Caliber Ammunition Imports (by Brand) Volume (Unit)

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According to a new market intelligence report titled "Paraguay Arms and Ammunition Market - Analysis and Forecast, 2018-2022”, the arms and ammunition market in Paraguay is expected to reach $19 million by 2022. The arms and ammunition market is segmented into categories such as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.

The arms and ammunition market in Paraguay is driven by the growing demand for weapons by tourists for the purpose of hunting and shooting. The market landscape includes players from different geographies having global distribution networks. Factors such as cost, innovation and development, and ease of accessibility have been significant for the market growth of arms and ammunition in Paraguay.

The key international manufacturers of arms and ammunition have been entering into partnerships with local dealers, while distributors have been signing contracts and joint ventures with the government to enter the market. According to this Analysis, the arms and ammunition market in Paraguay was estimated as $14.8 million in 2017 in terms of value.

With the robust demand for weapons in Paraguay, companies operating in this industry are compelled to come up with collaborative strategies to expand their business. Leonardo Aerospace and Defence (Italy), Winchester (U.S.) , Beretta (Italy), Maverick (Belgium), Smith & Wesson (U.S.), and Taurus (U.S.) are some manufacturers exporting arms and ammunition to Paraguay.

The categories of spring, air/gas guns or pistols, trunchenos, and other non-firearms are expected to register the highest CAGR during the forecast period 2018-2022.

According to Sudheer Uniyal, Analyst, “the growing demand for arms and ammunition by tourists for the purpose of hunting and shooting sports is expected to give the market a boost during the forecast period”.

The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and developments. It also includes a list of the leading players in the industry for each category. The report includes corporate overview, financials, and financial summary. The overall market has been segmented as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.

Key questions addressed in the report:

  • How has the arms and ammunition market evolved, and what is its scope in the future?
  • What was the total revenue generated in the arms and ammunition market in Paraguay in 2017, and what is the expected revenue for the forecast period 2018-2022?
  • How will each category of arms and ammunition market grow during the forecast period, and what will be the revenue generated by each of the categories by the 2022?
  • Which category of arms and ammunition will dominate the market in the coming years?
  • How will the industry evolve during the forecast period from 2017 to 2022?
  • Who are the key players for each category of arms and ammunition in Paraguay?
  • What will be the growth rate of different categories during the forecast period?
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