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Market Overview of Global Small Caliber Ammunition market:
According to our latest research, the global Small Caliber Ammunition market looks promising in the next 5 years. As of 2022, the global Small Caliber Ammunition market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Ammunition is the material fired, dropped, or scattered from the weapon, especially from the gun. It consists of unpowder and primers for ignition or explosion. Ammunition is manufactured using a variety of materials such as brass, steel, and thers. The report mainly studies the small caliber ammunition (less than 20 mm) produced for the USA market.
Influence of COVID-19 Outbreak on Small Caliber Ammunition Industry Development
Millions of people (including over 10 million new gun owners) wanted to buy ammunition, and demand greatly outpaced supply. For the second time in ten years, the demand for ammunition in the United States exceeded the supply. The first ammunition bubble was from 2012 to 2017. The second time was in 2020.
According to the FBI report, from 2019 to 2020, the number of gun background investigations increased by 40%. The National Shooting Sports Foundation estimates that about 8.4 million of them are first-time gun owners. This trend did not weaken in 2021. According to the data of the FBI, in the first quarter of January to March alone, there were 12,452,319 background checks. Compared with the past few years, the epidemic blockade, social unrest, stressful presidential election and rebellion all seem to have led to a surge in the habit of buying guns and ammunition.
The uncertainty of possible food and supply shortages at the beginning of the pandemic has driven demand. Empty ammunition racks became the main cause of anxiety, and conspiracy theories began to spread on social media about who might really be behind the shortage. Hoarding has become one of the cores of the shortage of guns and ammunition in the United States.
In the face of increasing demand, ammunition manufacturers have increased their production capacity, but this is far from enough. Ammunition factory operates 24/7 to make profits when the demand is strong. There is still a shortage in America. The common movement has disappeared from the store shelves. The price has gone up. Panic buying and buying of private inventory has increased.
At the same time, the US sanctions against Russian ammunition have aggravated this situation. Of all the countries that export ammunition to the United States, Russia exports the most. More than 20% of the imported ammunition comes from Russia. When cheap Russian ammunition is unavailable, other shooters will have to buy more "expensive" ammunition, which will lead to the depletion of supply and push up the price.
Drivers
Hunting, a sport involving searching, chasing and hunting wild animals and birds, is called game and bird hunting. Firearms are mainly used in modern times, but bows and arrows are also used.
In the commercial field, Hunting and Shooting are using more and more guns, which will continue to steadily push the market demand for small-caliber ammunition in the forecast period. The use of firearms in the commercial field includes shooting with various rifles and pistols. With the increasing popularity of various shooting activities (American youth shooting events, national 4-H shooting events, national shooting events and other shooting activities), the use of small caliber guns has attracted more and more attention, which in turn has promoted the growth of small caliber ammunition market.
In addition, the United States is paying more and more attention to compulsory training and demonstration for gun carriers, and the popularity of bird hunting practice has also promoted the market growth. The increase in the use of small-caliber ammunition and guns in hunting activities is mainly due to their accuracy, and manufacturers in the field of small-caliber ammunition are launching innovative products for this field.
With the deadly epidemic and political and economic turmoil, the sales of guns in the United States surged. Images of police brutality against black Americans, violent protests across the United States, mass shootings, attacks on the US Capitol and hate crimes against Asians were widely reported by major media. People saw these disturbances in the news, which increased their worries about their own safety, so they chose to buy guns for self-defense.
At the same time, gun violence surged in major cities such as new york and Chicago. In the first six months of 2021, the total number of people who died from gun violence in the United States was 21,884, of which 312 died from mass shooting. According to the data of the Centers for Disease Control and Prevention in 2020, 45,222 people in the United States died from gun-related injuries. This figure includes gun murder and gun suicide, and three other less common types of gun-related deaths tracked by the Centers for Disease Control and Prevention: those that are unintentional, those that involve law enforcement, and those that are uncertain.
In 2020, 54% of all gun-related deaths in the U.S. were suicides (24,292), while 43% were murders (19,384), according to the CDC. The remaining gun deaths that year were unintentional (535), involved law enforcement (611) or had undetermined circumstances (400). As the same time, nearly eight-in-ten (79%) U.S. murders in 2020 - 19,384 out of 24,576 - involved a firearm. That marked the highest percentage since at least 1968, the earliest year for which the CDC has online records.
In 2020, 45,222 shooting deaths were the highest recorded so far, with an increase of 14% over the previous year, 25% over five years ago and 43% over ten years ago. Especially gun murders, have risen sharply in recent years. The number of gun murders in 2020 was 19,384, the highest since at least 1968, exceeding the peak of 18,253 recorded by CDC in 1993. The total in 2020 increased by 34% compared with the previous year, 49% in five years and 75% in ten years.
It is the biggest victim of mass shootings in the United States for many years, so citizens are more aware of personal safety and security. The public safety problem caused by the rising crime rate and homicide is a very important factor affecting the growth of American small-caliber ammunition market.
Americans are buying small pistols that are easy to carry and hide. More than 10 million Americans have bought guns for the first time since the outbreak of the new epidemic. The gun industry has been trying to expand new users beyond white men, including women, Asians and blacks. Americans have increased their purchases of semi-automatic rifles including AR-15.
Company Overview:
Olin (Winchester Ammunition) is one of the major players operating in the Small Caliber Ammunition market, holding a share of 27.32% in 2022.
Olin Corporation is a manufacturer and distributor of chemical products, and ammunition. The Company operates through three segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride (EDC) and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells a full range of epoxy materials and precursors, including aromatics, such as acetone, bisphenol, cumene and phenol, allyl chloride, epichlorohydrin, liquid epoxy resins, solid epoxy resins and downstream products such as converted epoxy resins and additives.
The Winchester segment produces and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Vista Outdoor is a leading global designer, manufacturer, and marketer of outdoor recreation products. It operates in two markets: shooting sports and outdoor products. Vista Outdoor's diverse portfolio of well-recognized brands provide consumers with performance-driven, high-quality and innovative products. Brands include Remington Ammunition, Bushnell, CamelBak, Bushnell Golf, Bell Helmets, Camp Chef, Giro, Federal Ammunition, Foresight Sports, QuietKat and more. Vista Outdoor is the parent company to many ammunition makers, including Federal Ammunition. Vista Outdoor products are sold at leading retailers and distributors.
Segmentation Overview:
Among different product types, 9 mm Caliber segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Civilian segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Small Caliber Ammunition market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Small Caliber Ammunition Market Report:
Market Size Estimates: Small Caliber Ammunition market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Small Caliber Ammunition market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Small Caliber Ammunition market
Segment Market Analysis: Small Caliber Ammunition market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Small Caliber Ammunition market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Small Caliber Ammunition Market: Revenue and sales volume of major countries in each region
Small Caliber Ammunition Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Small Caliber Ammunition market in major regions.
Small Caliber Ammunition Industry Value Chain: Small Caliber Ammunition market raw materials & suppliers, manufacturing process, distributors, downstream customers
Small Caliber Ammunition Industry News, Policies & Regulations
Key players in the global Small Caliber Ammunition market are covered in Chapter 12:
BAE Systems
Nammo As
CBC Ammo
General Dynamics
Olin (Winchester Ammunition)
Vista Outdoors
Ruag (Ruag Ammotec AG)
IMI (Israel Military Industries)
Orbital Atk
In Chapter 2 and Chapter 15.1, based on types, the Small Caliber Ammunition market from 2018 to 2028 is primarily split into:
5.56mm Caliber
7.62mm Caliber
9 mm Caliber
12.7 mm Caliber
Others
In Chapter 3 and Chapter 15.2, based on applications, the Small Caliber Ammunition market from 2018 to 2028 covers:
Military
Law Enforcement
Civilian
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Small Caliber Ammunition market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028