ammunition market on Track for Significant Growth by 2034

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2025-10-14 13:55:13 - Translate

Market Overview The global ammunition market was valued at USD 22 billion in 2024 and is expected to grow at a CAGR of 3.50% from 2025 to 2034. The global ammunition market is experiencing steady growth, influenced by defense modernization, geopolitical tensions, and increasing civilian demand. Ammunition plays a critical role in both military and civilian applications, ranging from defense...

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