https://m2squareconsultancy.com/reports/global-ammunition-market 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 conflicts, and heightened demand from civilian and law enforcement agencies for small arms and tactical ammunition. The convergence of these drivers underscores the market's resilience amid global security challenges and evolving threat landscapes.