According to a new report published by Fortune Business Insights™, titled, “The U.S Small Caliber Ammunition Market Size, Share & Industry Analysis, By Caliber (22 LR, 223 Remington, 308 Winchester, 9mm Luger, 357 Magnum, 45 Auto/ACP, 380 ACP, 40 S&W, 38 Special, 30-06 Springfield, 7.62*39, 7.62*54r, 5.45*39, 50 BMG, 6.5 Grendel, 12 Gauge, 44 Magnum, and Others), Casing Type (Brass, Steel, Brass-coated Steel), Bullet Type (Lead, Copper, Brass, and Others), Distribution Channel (Online Stores, Retail Stores (Large Outlets, Shooting Ranges, and Local/ Niche Shops)), and Regional Forecast, 2019-2026.” The report further states that the market was estimated to be valued at USD 2,350 million in 2018. The U.S small caliber ammunition market share is expected to showcase exponential growth by reaching USD 2,330 million by 2026, thereby exhibiting a CAGR of 0.76% during the forecast period.
Urgent Need for Handguns & Shotguns for Personal Safety Will Drive Market
In the U.S., citizens are becoming increasingly aware of safety and security as the country is one of the biggest victims of mass shootings. Therefore, the rising concerns regarding personal security are set to propel the U.S. small caliber ammunition market growth during the forthcoming years. The government is also taking several initiatives to train youngsters as well as professionals for firearm safety through different chartered programs, such as the ‘Civilian Marksmanship’ program.
Fortune Business Insights profiles some of the prominent companies operating in us small caliber ammunition market. They are as follows:
- Olin Corporation
- Denel SOC Ltd
- RAUG Group
- Remington Arms Company, LLC.
- Aguila Ammunition
- MAST Technology, Inc.
- Sellier & Ballot
- VISTA OUTDOOR OPERATIONS LLC.
- PPU USA Ammo
- Nammo AS
- Barnaul Ammunition
- FIOCCHI MUNIZIONI SPA
- Wolf Performance Ammunition
- Other key market players
Shotguns and handguns are used the most for personal safety. It is, in turn, causing an increasing demand for calibers that are required in revolvers and pistols. Besides, the rising import activities from all over the world, coupled with increasing production of handguns, would augment market growth in the U.S. Lastly, training courses from shooting ranges and shooting sports competitions are also expected to boost the demand for small ammunition in this region.
Scope of the US Small Caliber Ammunition Market Report:
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report.
This report focuses on US Small Caliber Ammunition Global Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2026, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.
9mm Luger Segment to Lead: Growing Demand for Handguns Will Favor Growth
In terms of caliber, the market is divided into 5.45*39, 22 LR, 9mm Luger, 223 Remington, 6.5 Grendel, 308 Winchester, 44 Magnum, 357 Magnum, 40 S&W, 45 Auto/ACP, 30-06 Springfield, 380 ACP, 12 Gauge, 38 Special, 50 BMG, 7.62*54r, 7.62*39, and others. Out of these, at present, the 9mm Luger segment holds the highest U.S. small caliber ammunition market share. It is one of the most used pistol cartridges that is needed in handguns. In the U.S., handguns are used for self-defense, sports shooting, and hunting. Also, the rising demand for pistols for a wide range of applications is accelerating the demand for this type of caliber.
Furthermore, 9mm Luger is a standard caliber that is available in the market in various types, namely, open tip match (OTM), jacketed hollow point (JHP), full metal jackets (FMJ), and others. The FMJ types are used for practicing shooting, while the JHP types are used for self-defense. Apart from that, it is cost-effective. The 223 Remington segment had generated 15.30% U.S. small caliber ammunition market share in 2018.
NovX Ammo Unveils 9mm ARX Engagement: Extreme Self-Defense Ammo
September 2017: NovX Ammo blended copper polymer and stainless steel to launch the 9mm Luger +P and standard pressure Engagement: Extreme Self-Defense cartridges. It is considered to be a lethal combination of bullet technology that is extremely effective. The bullets create devastating wound channels, offer less felt recoil, and fly flatter than lead. It mixes the intellectual properties of a polymer ARX bullet, an aluminum primer base, and Shell Shock Technologies (SST) stainless steel casing. It does not operate on the principle of mushrooming or hydrostatic shock but on Aero and Fluid Dynamics.
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