Europe Ammunition Market Size & Outlook, 2023-2030
Europe ammunition market, 2018-2030 (US$M)
Related Markets
Europe ammunition market highlights
- The Europe ammunition market generated a revenue of USD 48,235.6 million in 2023.
- The market is expected to grow at a CAGR of -16.5% from 2024 to 2030.
- In terms of segment, large 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.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 48,235.6 million |
| Market revenue in 2030 | USD 13,660.7 million |
| Growth rate | -16.5% (CAGR from 2023 to 2030) |
| Largest segment | Large caliber |
| Fastest growing segment | Small Caliber |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 70.3% of the global ammunition market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,820.5 million by 2030.
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Ammunition Market Scope
Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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.
Large caliber was the largest segment with a revenue share of 62.19% in 2023. Horizon Databook has segmented the Europe ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, the directives are provided by the government for possession of firearms, supply of firearms in single market and a protocol against the manufacturing and trafficking of firearms. Also, the European defense system has faced challenges in dealing with refugees from Middle East and Syria.
Europe has also faced a threat of terrorism, owing to these factors, the market for bullets in Europe has strengthened over the years.
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Target buyers of Europe 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe ammunition market, including forecasts for subscribers. This continent databook contains high-level insights into Europe ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe ammunition market size, by country, 2018-2030 (US$M)
Europe Ammunition Market Share, 2023 & 2030 (US$M)
Related regional statistics
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