Global Ammunition Market : Trends, Growth Drivers, and Future Outlook
Global Ammunition Market Industry Overview The global ammunition market is poised for steady growth, with projections indicating an increase from US$ 21.5 billion in 2025 to US$31.0 billion by 2033, reflecting a compound annual growth rate (CAGR) of 3.4% over the decade. This expansion is fueled by three key factors: rising defense expenditures worldwide, escalating geopolitical...
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