BULLETS, BUDGETS, BURNING, AND BLOWING UP
Pt. I: The Global Ammunition Market (Bullets and Budgets)
The global ammo market will grow some 3.3% between now and 2023, according to Research and Markets. The forecast, which was published last month, is based on a study of the ammunition markets primarily in North America, Europe, and the Asia-Pacific region.
Applications in the study include:
- Military
- Law Enforcement
- Commercial
- Ammunition is divided into five calibers and five types:
- Small Caliber Ammunition
- Medium Caliber Ammunition
- Large Caliber Ammunition
- Mortar Ammunition
- Artillery Ammunition
- Tracer Ammunition
- Incendiary Ammunition
- Full Metal Jacket (FMJ) Ammunition
- Armor Piercing (AP) Ammunition
- Other Ammunition
You can read the summary here on Research and Markets; but you’ll need to drop about five grand to read the results of the study. If you’re saving your pennies because you actually need ammunition (and let’s face it – $5,000 will fund more than a few trips to the range), you can check out some previous reports, such as this one, which indicates the global ammunition market will hit nearly $17 Billion by 2024. It’s roughly $12 Billion now.
PT II: Fire and Shock (Bullets and Burning and Blowing Up)
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