Description: The global ammunition market size was valued at USD 25.8 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 36.1 Billion by 2033, exhibiting a CAGR of 3.44% from 2025-2033. The growing investments by government bodies in self-defense are fueling the market growth. At present, North America holds the largest market share, accounting for over 41% market share in 2024, owing to a significant surge in military investments and a robust presence of ammunition manufacturers.
Category: Technology
Tag: Ammunition Market