Key Takeaways
- In 2023, the U.S. ammunition market generated $22.5 billion in revenue, marking a 5.2% increase from 2022 driven by heightened civilian demand.
- Global small arms ammunition market size reached $24.35 billion in 2023, projected to grow to $32.1 billion by 2030 at a CAGR of 3.9%.
- The North American ammunition market was valued at $8.7 billion in 2022, with a forecasted CAGR of 4.1% through 2028.
- U.S. ammunition production capacity exceeded 12 billion rounds annually in 2023.
- Winchester Ammunition produced 4.2 billion rounds of small-caliber ammo in 2023.
- Federal Premium manufactured 2.8 billion cartridges across all calibers in FY2023.
- U.S. ammunition exports totaled 2.8 billion rounds valued at $1.2 billion in 2023.
- Canada imported $450 million USD in U.S. ammo in 2023.
- 9mm ammo U.S. retail sales 1.9 billion rounds Q1-Q3 2023.
- U.S. ammunition industry employed 45,000 workers directly in 2023.
- Ammo manufacturing supported 320,000 total jobs U.S. economy 2023.
- Average salary ammo plant worker U.S. $68,500 annually 2023.
- 65% of U.S. adults participated in shooting sports driving ammo demand 2023.
- 9mm overtook .22LR as top selling caliber U.S. since 2020, 32% share 2023 forecast.
- Smart ammo market to grow 12% CAGR to $2.5B by 2030.
The ammunition industry saw strong global growth driven by robust civilian demand and military contracts.
Employment and Economic Impact
Employment and Economic Impact Interpretation
Market Size and Growth
Market Size and Growth Interpretation
Production and Capacity
Production and Capacity Interpretation
Sales and Exports
Sales and Exports Interpretation
Trends and Forecasts
Trends and Forecasts Interpretation
Sources & References
- Reference 1IBISWORLDibisworld.comVisit source
- Reference 2GRANDVIEWRESEARCHgrandviewresearch.comVisit source
- Reference 3MORDORINTELLIGENCEmordorintelligence.comVisit source
- Reference 4NSSFnssf.orgVisit source
- Reference 5STATISTAstatista.comVisit source
- Reference 6MARKETRESEARCHFUTUREmarketresearchfuture.comVisit source
- Reference 7FORTUNEBUSINESSINSIGHTSfortunebusinessinsights.comVisit source
- Reference 8RESEARCHANDMARKETSresearchandmarkets.comVisit source
- Reference 9OUTDOORINDUSTRYoutdoorindustry.orgVisit source
- Reference 10ALLIEDMARKETRESEARCHalliedmarketresearch.comVisit source
- Reference 11MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 12DEFENSEdefense.govVisit source
- Reference 13TRANSPARENCYMARKETRESEARCHtransparencymarketresearch.comVisit source
- Reference 14SHOOTINGINDUSTRYshootingindustry.comVisit source
- Reference 15FUTUREMARKETINSIGHTSfuturemarketinsights.comVisit source
- Reference 16ATFatf.govVisit source
- Reference 17EXPERTMARKETRESEARCHexpertmarketresearch.comVisit source
- Reference 18INVESTORSinvestors.vistaoutdoor.comVisit source
- Reference 19INVESTORinvestor.olin.comVisit source
- Reference 20INVESTORSinvestors.rpminc.comVisit source
- Reference 21INVESTORinvestor.smith-wesson.comVisit source
- Reference 22REMARMSremarms.comVisit source
- Reference 23HODINKEEhodinkee.comVisit source
- Reference 24GAOgao.govVisit source
- Reference 25WINCHESTERwinchester.comVisit source
- Reference 26FEDERALPREMIUMfederalpremium.comVisit source
- Reference 27EPAepa.govVisit source
- Reference 28SHOOTINGSPORTSUSAshootingsportsusa.orgVisit source
- Reference 29NRAILAnraila.orgVisit source
- Reference 30BASFbasf.comVisit source
- Reference 31CCI-AMMUNITIONcci-ammunition.comVisit source
- Reference 32HORNADYhornady.comVisit source
- Reference 33MANUFACTURINGmanufacturing.netVisit source
- Reference 34PCRAMMOpcrammo.comVisit source
- Reference 35SELLIER-BELLOTsellier-bellot.czVisit source
- Reference 36FIOCCHIUSAfiocchiusa.comVisit source
- Reference 37MAGTECHAMMUNITIONmagtechammunition.comVisit source
- Reference 38SIPRIsipri.orgVisit source
- Reference 39IMI-ISRAELimi-israel.comVisit source
- Reference 40BAESYSTEMSbaesystems.comVisit source
- Reference 41WOLFAMMOwolfammo.comVisit source
- Reference 42NRAnra.orgVisit source
- Reference 43INDUSTRYWEEKindustryweek.comVisit source
- Reference 44STARBRASSWORKSstarbrassworks.comVisit source
- Reference 45CCIcci.comVisit source
- Reference 46ALLIANTPOWDERalliantpowder.comVisit source
- Reference 47CBSA-ASFCcbsa-asfc.gc.caVisit source
- Reference 48SPORTSMANSsportsmans.comVisit source
- Reference 49CORPORATEcorporate.walmart.comVisit source
- Reference 50AMMOammo.comVisit source
- Reference 51BASSPRObasspro.comVisit source
- Reference 52INVESTORinvestor.academy.comVisit source
- Reference 53GUNBROKERgunbroker.comVisit source
- Reference 54CENSUScensus.govVisit source
- Reference 55ECec.europa.euVisit source
- Reference 56BLACKFRIDAYAMMOblackfridayammo.comVisit source
- Reference 57BULKAMMObulkammo.comVisit source
- Reference 58POLICE1police1.comVisit source
- Reference 59PRECISIONRIFLEBLOGprecisionrifleblog.comVisit source
- Reference 60AMMO-VENDINGammo-vending.comVisit source
- Reference 61BISbis.doc.govVisit source
- Reference 62GOVgov.ukVisit source
- Reference 63CBCcbc.gov.brVisit source
- Reference 64AMMOSEEKammoSeek.comVisit source
- Reference 65AMMUNITIONTOGOammunitiontogo.comVisit source
- Reference 66NGAUSAngausa.orgVisit source
- Reference 67BEAbea.govVisit source
- Reference 68BLSbls.govVisit source
- Reference 69OCALAocala.comVisit source
- Reference 70NATIONALBRASSnationalbrass.orgVisit source
- Reference 71IMRPOWDERimrpowder.comVisit source
- Reference 72AAPORTSaaports.comVisit source
- Reference 73DOLdol.govVisit source
- Reference 74HIREVETShirevets.govVisit source
- Reference 75SHRMshrm.orgVisit source
- Reference 76OSHAosha.govVisit source
- Reference 77DEDded.mo.govVisit source
- Reference 78YANKTONyankton.netVisit source
- Reference 79ARKANSASSPEEDarkansasspeed.comVisit source
- Reference 80IRSirs.govVisit source
- Reference 81PEWPEWTACTICALpewpewtactical.comVisit source
- Reference 82BACKFIREbackfire.tvVisit source
- Reference 83EMARKETERemarketer.comVisit source
- Reference 84ADDITIVEMANUFACTURINGadditivemanufacturing.mediaVisit source
- Reference 85SUPPLYCHAINDIVEsupplychaindive.comVisit source
- Reference 86MILITARYTIMESmilitarytimes.comVisit source
- Reference 87SILENCERCENTRALsilencercentral.comVisit source
- Reference 88JANESjanes.comVisit source
- Reference 89MCKINSEYmckinsey.comVisit source
- Reference 90REUTERSreuters.comVisit source
- Reference 91BERRYSMFGberrysmfg.comVisit source
- Reference 92AR15ar15.comVisit source
- Reference 93USPSAuspsa.orgVisit source
- Reference 94GREENSUPPLYMEDIAgreensupplymedia.comVisit source
- Reference 95SHOTGUNSPORTSMAGshotgunsportsmag.comVisit source
- Reference 96GUNSguns.comVisit source
- Reference 97ROBOTICSrobotics.orgVisit source
- Reference 98POLICEONEpoliceone.comVisit source






