Visit here: https://www.grandresearchstore.com/aerospace-and-defense/small-caliber-hunting-ammunition-market-22 In the Global Small Caliber Hunting Ammunition Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023. The production is estimated at XX million in 2017 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2018 and 2023.
The increasing emphasis on self-defense and extensive rise in investment in arms & ammo for the defense & law enforcement bodies are the major factors influencing the market growth.
According to the latest research report by IMARC Group, The global ammunition market size reached US$ 24.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.62% during 2024-2032. More Info:- https://www.imarcgroup.com/ammunition-market
The Global Arms & Ammunition Market is forecasted to be worth USD 35.63 billion by 2027, according to a current analysis by Emergen Research. The key factors influencing the market growth include growing adoption of the Arms & Ammunition for self-defence, rising domestic insurgency & terrorist activities, increasing interest in bird-hunting, usage of the Arms & Ammunition in sports, and availability of the cost effective weapons with ammunition, to name a few.
More Information @ https://goo.gl/0C4dyK This market is broadly categorized into defense and civil application segments. Civil application includes self-defense, sports & hunting and law enforcement. Defense applications will continue to remain the dominant segment throughout the years. The segment is estimated to grow at over 2% CAGR and account for more than 50% of the ammunition market share by 2025.
For More Information @ http://bit.ly/2iMPEB4 Civil ammunition application is expected to grow at comparatively higher growth rates owing to the rise in the population, disposable income and the increasing interest in recreational activities. Twice a year Russia hosts the UFI (Global Association of the Exhibition Industry) approved exhibition, ‘Fishing and Hunting’ in Moscow with an aim of demonstrating the latest foreign and Russian achievements in the hunting and fishing sector.
More Information @ http://bit.ly/2m6SRS9 Rising applications of small caliber ammo for civil and defense purposes will drive the industry growth over the forecast timeframe. This is due to easy availability, and ease of use for applications ranging from sports, hunting, regulating authorities as well as military purposes.
According to a recent study by Hexa Research Inc., the global ammunition market was worth USD 11.8 billion in 2015. It is expected to grow at a CAGR exceeding 2% from 2016 to 2024 (forecast period). This industry bears a huge economical impact all over the world. This may be owed to its significant contributions towards excise, state and federal taxes.
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