Market Share of Latin America Ammunition Industry
The Latin American ammunition market is moderately fragmented in nature with presence of several players holding significant shares in the market. The prominent players in the market are CBC, FAMAE, Aguila Ammunition, IMBEL, and CAVIM. Most of the players in the region are local players and state-owned companies that extend their support to the corresponding local border forces, military, law enforcement, and police officials. The global players, due to their brand value, may have penetration into the market and capture significant share, as there are limited players in the market. However, the ongoing ammunition contracts and their extensions, with the existing local state-owned players, can cause an entry barrier to foreign players.
Latin America Ammunition Market Leaders
FAMAE
CBC Defense
Aguila Ammunition
IMBEL
EMGEPRON
*Disclaimer: Major Players sorted in no particular order
