Dublin, Aug. 16, 2024 (GLOBE NEWSWIRE) -- The "U.S. Small Caliber Ammunition Market Size, Share & Trends Analysis Report by Caliber (5.56mm, 7.62mm, 9mm), Product (Rimfire, Centerfire), and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. small caliber ammunition market size is anticipated to reach USD 4.8 billion by 2030, registering a CAGR of 2.3% from 2024 to 2030
The growing emphasis on self-defense, sports shooting, and hunting activities in the U.S. is a significant driver of the market growth. Government initiatives aimed at promoting firearm safety training, rifle practice, and personal safety awareness programs drive the demand for guns and, subsequently, small ammunition across the country.
The increasing awareness of personal safety and security among U.S. citizens has been a significant factor driving the market growth. With millions of people carrying firearms for personal protection, there is a continuous demand for small ammunition used in handguns and shotguns. 
According to the Pew Research Center survey, around 72% of U.S. gun owners say protection is a significant reason for owning a firearm. This statistic underscores the importance of personal safety as a driving factor behind gun ownership in the U.S. The popularity of online sales channels for small-caliber ammunition is increasing due to factors like real-time inventory systems and fast shipping, which contribute to market growth.
Online sales channels allow customers to purchase ammunition from the comfort of their homes, eliminating the need to visit physical stores. This accessibility appeals to many consumers, including shooting enthusiasts, hunters, and individuals seeking personal protection.
U.S. Small Caliber Ammunition Market Report Highlights
- Based on the caliber, the 5.56mm segment accounted for the largest revenue share of 77.8% in 2023 and is expected to grow at a significant CAGR from 2024 to 2030. The segment dominance can be attributed to the product's use in military applications for commercial purposes and shooting sports
- The centerfire product segment dominated the market in 2023 and is expected to grow at the fastest CAGR from 2024 to 2030. Its performance attributes, safety features, and durability support the segment's dominant position in the market
- In October 2023, Olin Corporation acquired White Flyer Targets, a prominent provider of recreational targets for trap, skeet, and sporting clay shooting in North America. The acquisition enabled Olin to enhance its presence in the recreational shooting industry by merging White Flyer Targets with the Winchester Ammunition business
Companies Featured
- FN HERSTAL
- Hornady
- Nammo AS
- Northrop Grumman
- Olin Corporation
- Remington Ammunition
- Rosoboronexport
- Sierra Bullets
- Visa Outdoor Operations LLC
- Winchester Ammunition
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 80 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $4.05 Billion |
| Forecasted Market Value (USD) by 2030 | $4.8 Billion |
| Compound Annual Growth Rate | 2.3% |
| Regions Covered | United States |
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.3. Research Methodology
1.4. Information Procurement
1.5. Information or Data Analysis
1.6. Market Formulation & Validation
1.7. Model Details
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. U.S. Small Caliber Ammunition Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.3. U.S. Small Caliber Ammunition Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis
Chapter 4. U.S. Small Caliber Ammunition Market: Caliber Estimates & Trend Analysis
4.1. Caliber Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S Small Caliber Ammunition Market By Caliber Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
4.4.1. 5.56mm
4.4.2. 7.62mm
4.4.3. 9mm
4.4.4. Others
Chapter 5. U.S. Small Caliber Ammunition: Product Estimates & Trend Analysis
5.1. Product Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. U.S. Small Caliber Ammunition Market By Product Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030 for the following
5.4.1. Rimfire
5.4.2. Centerfire
Chapter 6. Competitive Landscape
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company/Competition Categorization
6.3. Vendor Landscape
6.3.1. List of key distributors and channel partners
6.3.2. Key customers
6.3.3. Key company heat map analysis, 2023
6.4. Company Profiles
6.4.1. Company overview
6.4.2. Financial performance
6.4.3. Product benchmarking
6.4.4. Strategic initiatives
For more information about this report visit https://www.researchandmarkets.com/r/g1goc7
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
