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 Locations Chapter
The location of manufacturing establishments is generally influenced by their proximity to major markets, as well as material and supply industries. Manufacturing establishments also tend to be highly correlated with population density. IBISWorld estimates that the industry is concentrated in the Southeast, Great Lakes, Southwest and West regions of the United States, due to their proximity to major supply industries as well as population centers. These regions combined will account for 61.4% of industry establishments.
The Southeast region will account for an estimated 22.2% of industry establishments. This is the most populous region in the United States... purchase to read more