Germany Ammunition Market Size & Outlook, 2023-2030

The ammunition market in Germany is expected to reach a projected revenue of US$ 877.5 million by 2030. A compound annual growth rate of 2.8% is expected of Germany ammunition market from 2024 to 2030.
Revenue, 2023 (US$M)
$721.7
Forecast, 2030 (US$M)
$877.5
CAGR, 2024 - 2030
2.8%
Report Coverage
Germany

Germany ammunition market highlights

  • The Germany ammunition market generated a revenue of USD 721.7 million in 2023 and is expected to reach USD 877.5 million by 2030.
  • The Germany market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
  • In terms of segment, small caliber was the largest revenue generating caliber in 2023.
  • Large Caliber is the most lucrative caliber segment registering the fastest growth during the forecast period.


Ammunition market data book summary

Market revenue in 2023USD 721.7 million
Market revenue in 2030USD 877.5 million
Growth rate2.8% (CAGR from 2023 to 2030)
Largest segmentSmall caliber
Fastest growing segmentLarge Caliber
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSmall Caliber, Medium Caliber, Large Caliber, Rockets & Missiles
Key market players worldwideNorthrop 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, Germany accounted for 1.1% 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 Europe, Russia ammunition market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 296.3 million by 2030.

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Ammunition Market Companies

Name Profile # Employees HQ Website

Germany 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 58.36% in 2023. Horizon Databook has segmented the Germany ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2018 to 2030.


Extensive utilization of pistols, revolvers, rifles, shotguns, and combination guns for fishing, hunting, and sport shooting in Germany is expected to boost the demand for small caliber and medium caliber ammunition in the country.

Favorable climatic conditions in the country for hunting are also projected to aid the growth of the ammunition market. The underspending of the budget on defense by the government of Germany might negatively affect the year-on-year growth in demand for ammunition for defense application.

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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ammunition market, including forecasts for subscribers. This country databook contains high-level insights into Germany ammunition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Germany ammunition market size, by caliber, 2018-2030 (US$M)

Germany Ammunition Market Share, 2023 & 2030 (US$M)

Germany ammunition market size, by caliber, 2018-2030 (US$M)

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