Small Caliber Ammunition Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Small Caliber Ammunition Market is Segmented by End-User (Civilian and Military) and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Small Caliber Ammunition Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Small Caliber Ammunition Market Size

Small Caliber Ammunition Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 9.20 Billion
Market Size (2030) USD 10.47 Billion
CAGR (2025 - 2030) 2.63 %
Fastest Growing Market Europe
Largest Market North America
Market Concentration Low

Major Players

Small Caliber Ammunition Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Small Caliber Ammunition Market Analysis

The Small Caliber Ammunition Market size is estimated at USD 9.20 billion in 2025, and is expected to reach USD 10.47 billion by 2030, at a CAGR of 2.63% during the forecast period (2025-2030).

Procurement for the training of personnel by military and law enforcement is the constant source of demand for small ammunition. At the same time, border disputes, threats from militants and terrorists, as well as mobs are the major factors driving the underlying demand for small-caliber ammunition across all nations.

The growth of the small caliber ammunition market is subjective to several associative factors, such as the allocation of funds for the procurement of new equipment. It may be adversely affected by rapid technological advances resulting in the effective life of newly developed technology. Increasing investments in defense for military modernization programs to procure better equipment to replace its existing arsenal is also acting as one of the key market drivers of the small-caliber ammunition market.

Furthermore, the localization of the arms and ammunition manufacturing industry countries has been catching up with great interest and enthusiasm. Governments have been imposing local production and re-investment offsets as part of most mid-to-long-term military procurements.

The illegal sales of small caliber weapons and ammunition on the dark web present challenges for law enforcement agencies and governments of countries. Dark webs are those parts of obscured global networks that are frequently visited by criminals and other types of individuals to procure or sell a wide range of weapons and associated ammunition through encrypted marketplaces and vendor shops. The high level of anonymity enabled by the dark web makes the identification and linking of individuals to specific activities extremely challenging.

The stringent laws on gun ownership act as a key restrain for the growth of the small caliber ammunition market during the forecast period. The growing emphasis on gun control measures to reduce accidental gun deaths and injuries, domestic violence-related deaths, homicides, and suicides may even make the licensed rifle purchasing processes difficult during the upcoming period. This is expected to deter the growth of the market during the forecast period.

Small Caliber Ammunition Industry Overview

The small caliber ammunition market is fragmented due to the presence of several local and global players in the market. Some prominent players in the small caliber ammunition market include CBC Global Ammunition, Northrop Grumman Corporation, General Dynamics Corporation, Nammo AS, and Olin Corporation.

Most countries produce small ammunition through local production capacities and minimal orders given to foreign players to meet specific caliber shortages of ammunition of purpose with military applications. For instance, the Kenya Ordnance Factories Corporation (KOFC) is the local manufacturing company in Kenya that manufactures small-caliber ammunition and related products delivered to Kenyan armed forces, security agencies, and licensed arms dealers. It exported it to allied countries in Africa. The manufacturing facility's capacity is estimated to be at least 20,000 bullets per day.

Similarly, INDUMIL, FAMAE, and Aguila Ammunition are the local manufacturers of small caliber ammunition in Colombia, Chile, and Mexico, respectively, that cater to local demand. NATO members and players in the NATO countries benefit from ammunition demand originating from other NATO members and thus have adequate market presence in the military market. Similarly, In May 2021, India's Ordnance Factory Board (OFB) dispatched 11 million rounds of 5.56x45mm (M193) caliber bullets to the US. This was the first major export order of OFB for small arms ammunition from the US.

Small Caliber Ammunition Market Leaders

  1. Northrop Grumman Corporation

  2. General Dynamics Corporation

  3. Nammo AS

  4. CBC Global Ammunition

  5. Olin Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Small Caliber Ammunition Market  Concentration
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Small Caliber Ammunition Market News

March 2023: the Finnish and Swedish Defense Forces signed an agreement with Sako Ltd. to purchase a joint range of individual firearms. The agreement will run for ten years, followed by three seven-year option periods. In the first phase, Finland will acquire assault rifles and individual protection weapons for field testing at USD 0.75 million. Under the same agreement, Sweden made procurement of assault rifles and personal protection weapons. The first agreement covers firearms worth about SEK 875 million (USD 84 million).

June 2022: The US Department of Defense awarded Winchester Ammunition a contract modification for continued production of 5.56x45mm, 7.62x51mm, and .50 caliber ammunition. Winchester was also awarded a USD 15 million cost-plus contract to design a new manufacturing facility for the Next Generation Squad Weapon (NGSW). In January 2022, the company won a contract to supply 6.8mm ammunition to the US Army with a total value of USD 20 million.

Small Caliber Ammunition Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porters Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 End-Use
    • 5.1.1 Civilian
    • 5.1.2 Military
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.2 Europe
    • 5.2.2.1 United Kingdom
    • 5.2.2.2 France
    • 5.2.2.3 Germany
    • 5.2.2.4 Russia
    • 5.2.2.5 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 China
    • 5.2.3.2 India
    • 5.2.3.3 Japan
    • 5.2.3.4 South Korea
    • 5.2.3.5 Rest of Asia-Pacific
    • 5.2.4 Latin America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Mexico
    • 5.2.4.3 Rest of Latin America
    • 5.2.5 Middle East and Africa
    • 5.2.5.1 Saudi Arabia
    • 5.2.5.2 United Arab Emirates
    • 5.2.5.3 Egypt
    • 5.2.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share**
  • 6.2 Company Profiles*
    • 6.2.1 Northrop Grumman Corporation
    • 6.2.2 General Dynamics Corporation
    • 6.2.3 BAE Systems plc
    • 6.2.4 Denel SOC Ltd
    • 6.2.5 Remington Ammunition
    • 6.2.6 CBC Global Ammunition
    • 6.2.7 RUAG International Holding Ltd.
    • 6.2.8 MESKO S.A.
    • 6.2.9 Nammo AS
    • 6.2.10 Olin Corporation
    • 6.2.11 CCI Ammunition
    • 6.2.12 Elbit Systems Ltd.
    • 6.2.13 PT Pindad
    • 6.2.14 Advanced Weapons and Equipment India Limited (AWEIL)

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Small Caliber Ammunition Industry Segmentation

The small caliber includes the range of ammunition in production and deployment that are below .50 caliber (12.7 mm), including 5.56 mm, 7.62 mm, 9 mm, 10- and 12-gauge, .22 caliber, .30 caliber, .38 caliber, .45 caliber, and .300 Winchester Magnum (WinMag). The report also includes ammunition used by military personnel and civilians. The military segment includes procurements by the military (army, navy, and air force), homeland security, local law enforcement agencies, border security forces, and special forces.

The small caliber ammunition market is segmented by end-user and geography. By end-user, the market is segmented into civilian and military. The report also covers the market sizes and forecasts for the small caliber ammunition market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).

End-Use Civilian
Military
Geography North America United States
Canada
Europe United Kingdom
France
Germany
Russia
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America Brazil
Mexico
Rest of Latin America
Middle East and Africa Saudi Arabia
United Arab Emirates
Egypt
Rest of Middle East and Africa
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Small Caliber Ammunition Market Research FAQs

How big is the Small Caliber Ammunition Market?

The Small Caliber Ammunition Market size is expected to reach USD 9.20 billion in 2025 and grow at a CAGR of 2.63% to reach USD 10.47 billion by 2030.

What is the current Small Caliber Ammunition Market size?

In 2025, the Small Caliber Ammunition Market size is expected to reach USD 9.20 billion.

Who are the key players in Small Caliber Ammunition Market?

Northrop Grumman Corporation, General Dynamics Corporation, Nammo AS, CBC Global Ammunition and Olin Corporation are the major companies operating in the Small Caliber Ammunition Market.

Which is the fastest growing region in Small Caliber Ammunition Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Small Caliber Ammunition Market?

In 2025, the North America accounts for the largest market share in Small Caliber Ammunition Market.

What years does this Small Caliber Ammunition Market cover, and what was the market size in 2024?

In 2024, the Small Caliber Ammunition Market size was estimated at USD 8.96 billion. The report covers the Small Caliber Ammunition Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Small Caliber Ammunition Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Small Caliber Bullets Industry Report

Statistics for the 2025 Small Caliber Ammunition market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Small Caliber Ammunition analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.