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The United States ammunition market size reached USD 8.82 billion in 2023. The market is expected to grow at a CAGR of 3.90% between 2024 and 2032, reaching USD 12.35 billion by 2032.
Small calibre boosts the United States ammunition market growth as they have less recoil and are accurate
Small calibre ammunition poses advantages such as a lighter recoil, it is ideal for beginners and shooters who are sensitive to recoil. They are affordable, making them prevalent for training and target shooting. Due to their accuracy and low noise level calibres like .22 LR and less excel in hunting games, and leisure shooting.
Medium calibre ammunition provides a blend of power and ease of handling, perfect for hunting, and self-defence. They have better accuracy and good range making them efficient for medium-range shooting. There are widely available options in the market such as .30-06 Springfield or .308 Winchester which guarantees shooters with a reliable and consistent stock.
In September 2023, the U.S. Department of Defense (DoD) expanded an existing framework agreement with Saab for AT4 systems and Carl-Gustaf® ammunition. An order was secured at USD 104.9 million with deliveries arranged between 2024 and 2026. This new order, encompassed AT4CS RS systems and the newest high explosive round for the Carl-Gustaf Weapon System, HE 448, labelled as HE 441E in the U.S.
United States Ammunition Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Caliber
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Region
The United States ammunition market key players are BAE Systems Plc, Northrop Grumman Corp., Rheinmetall AG, Sierra Bullets, CBC Global Ammunition, Beretta Holding S.A. (RUAG Ammotec AG), Nammo AS, SIG SAUER, Inc., NOSLER Inc., and Saab AB among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Caliber |
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Ammunition Market Overview
8.1 Key Industry Highlights
8.2 North America Ammunition Historical Market (2018-2023)
8.3 North America Ammunition Market Forecast (2024-2032)
8.4 North America Ammunition Market by Country
8.4.1 United States
8.4.2 Canada
9 United States Ammunition Market Overview
9.1 Key Industry Highlights
9.2 United States Ammunition Historical Market (2018-2023)
9.3 United States Ammunition Market Forecast (2024-2032)
10 United States Ammunition Market by Caliber
10.1 Small Caliber
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Medium Caliber
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Large Caliber
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Rockets and Missiles
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 United States Ammunition Market by Product Type
11.1 Rimfire
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Centrefire
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 United States Ammunition Market by Application
12.1 Civil and Commercial
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Defense
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United States Ammunition Market by Region
13.1 New England
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Mideast
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Great Lakes
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Plains
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Southeast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Southwest
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Rocky Mountain
13.7.1 Historical Trend (2018-2023)
13.7.2 Forecast Trend (2024-2032)
13.8 Far West
13.8.1 Historical Trend (2018-2023)
13.8.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code – 930690)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 BAE Systems Plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Northrop Grumman Corp.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Rheinmetall AG
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Sierra Bullets
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 CBC Global Ammunition
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Beretta Holding S.A. (RUAG Ammotec AG)
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Nammo AS
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 SIG SAUER, Inc.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 NOSLER Inc.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Saab AB
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Ammunition Market: Key Industry Highlights, 2018 and 2032
2. United States Ammunition Market: Key Industry Highlights, 2018 and 2032
3. United States Ammunition Historical Market: Breakup by Caliber (USD Billion), 2018-2023
4. United States Ammunition Market Forecast: Breakup by Caliber (USD Billion), 2024-2032
5. United States Ammunition Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. United States Ammunition Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. United States Ammunition Historical Market: Breakup by Application (USD Billion), 2018-2023
8. United States Ammunition Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. United States Ammunition Historical Market: Breakup by Region (USD Billion), 2018-2023
10. United States Ammunition Market Forecast: Breakup by Region (USD Billion), 2024-2032
11. Major Exporting Countries by Value
12. Major Importing Countries by Value
13. Major Exporting Countries by Volume
14. Major Importing Countries by Volume
15. United States Ammunition Market Structure
The market was valued at USD 8.82 billion in 2023.
The market is projected to grow at a CAGR of 3.90% between 2024 and 2032.
The revenue generated from the ammunition market is expected to reach USD 12.35 billion in 2032.
The ammunition market is categorised according to product type, which includes rimfire and centrefire.
The key players are BAE Systems Plc, Northrop Grumman Corp., Rheinmetall AG, Sierra Bullets, CBC Global Ammunition, Beretta Holding S.A. (RUAG Ammotec AG), Nammo AS, SIG SAUER, Inc., NOSLER Inc., and Saab AB among others.
Based on the application, the market is divided into civil and commercial and defence.
The market is broken down into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
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