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Guns & Ammunition Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Guns & Ammunition Manufacturing Market Research Report | NAICS 33299a | Jan 2016

Lock and load: After recent sales surge, demand will normalize as fears of gun control subside

IBISWorld’s Guns & Ammunition Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$16bn
Annual Growth 11-16
6.4%
Annual Growth 16-21
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Profit
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Employment
40,358
Businesses
591
Industry Analysis & Industry Trends

The Guns and Ammunition Manufacturing industry had its ups and downs over the past five years. Prior to the five-year period, the expanding US defense budget and combat operations in the Middle East greatly increased demand for military-related small arms, ammunition, bombs, artillery shells, ordnances and other munitions. However, as the United States began to wind down combat operations, spending on defense, particularly industry products, plunged. Increasing consumer concerns about stricter gun control laws led many to buy industry products before a feared ban. As a result, despite defense cuts, industry revenue skyrocketed. In the five years to 2021, industry growth will be tempered by the eventual normalization of consumer demand following the recent surge in demand... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

After years of growth, the industry has entered a mature stage of its life cycle. Due to a number of factors, including a resurgence of demand from the civilian sector, industry revenue has surged over the past few years. However, as fears over gun regulation subside and the government defense spending remain pressured, the industry's growth is expected to significantly slow down, returning to historic levels. In the 10 years to 2021, industry value added (IVA), which measures an industry's contribution to GDP, is expected to grow at an average annual rate of 3.8% per year, compared with 2.3% annualized GDP growth anticipated over the same period... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Guns & Ammunition Manufacturing Industry?

This industry manufactures small arms (including shotguns, rifles, revolvers, pistols, machine guns and grenade launchers), and ammunition, ordnance and accessories.

Industry Products
Small arms ammunitionOther ammunitionSmall armsOrdnance and accessories
 
Industry Activities
Machine gunsShotguns and riflesHandgunsGun magazinesSmall arms ammunitionAmmunition (except small arms)GrenadesMinesArtillery and tank ammunitionHowitzers and man-portable and vehicle installed rockets and rocket launchers


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