Brazil Ammunition Market Size & Outlook, 2023-2030
Brazil ammunition market, 2018-2030 (US$M)
Related Markets
Brazil ammunition market highlights
- The Brazil ammunition market generated a revenue of USD 360.2 million in 2023 and is expected to reach USD 450.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.3% from 2024 to 2030.
- In terms of segment, small caliber was the largest revenue generating caliber in 2023.
- Small Caliber is the most lucrative caliber segment registering the fastest growth during the forecast period.
Ammunition market data book summary
| Market revenue in 2023 | USD 360.2 million |
| Market revenue in 2030 | USD 450.6 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Small caliber |
| Fastest growing segment | Small Caliber |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Caliber, Medium Caliber, Large Caliber, Rockets & Missiles |
| Key market players worldwide | Northrop Grumman Corp, Olin Corp, General Dynamics Corp, BAE Systems PLC, Rheinmetall AG, Hanwha, Temasek Holdings, Vista Outdoor Inc, FN Herstal, Nexaer, Remington Arms Company |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.5% of the global ammunition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil ammunition market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 450.6 million by 2030.
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Ammunition Market Scope
Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil ammunition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ammunition market will help companies and investors design strategic landscapes.
Small caliber was the largest segment with a revenue share of 59.24% in 2023. Horizon Databook has segmented the Brazil ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in gun production in Brazil is presumed to drive the market for bullets over the forecasted period. Flexible policies for firearms in the country is expected to drive the demand for firearms and is expected to improve the market for bullets.
However, relaxed gun laws have increased the homicide, home burglaries, and robberies, which will increase in firearms holding and will drive the market growth.
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Target buyers of Brazil ammunition market databook
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Our clientele includes a mix of ammunition market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil ammunition market, including forecasts for subscribers. This country databook contains high-level insights into Brazil ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil ammunition market size, by caliber, 2018-2030 (US$M)
Brazil Ammunition Market Share, 2023 & 2030 (US$M)
Related regional statistics
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