Future Outlook and Market Potential: Small Caliber Ammunition Industry
The global Small Caliber Ammunition Market is on an upward trajectory, with consumption expected to increase from 7,003 million units in 2024 to 8,661 million units by 2029. The market size is anticipated to grow from USD 5.7 billion in 2024 to USD 7.0 billion by 2029, reflecting a Compound Annual Growth Rate (CAGR) of 4.3%. This growth is driven by escalating defense spending worldwide, propelled...