The global ammunition market is undergoing a transformative period fueled by increasing defense needs, technological innovation, and evolving geopolitical realities. By 2025, it is expected to be valued between USD 23.67 to 29.4 billion, with forecasts projecting substantial growth through 2035. This blog explores the drivers, trends, challenges, and competitive landscape shaping the...

The global ammunition market is in the midst of a structural upswing driven by a mix of geopolitics, defence modernisation and technological innovation. After years of relatively steady demand, the market has seen renewed momentum since 2022 as governments rebuild stockpiles, modernise forces and shift procurement toward higher-performance munitions. Analysts put the market in the low...