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

The Guns and Ammunition Manufacturing industry has experienced increased volatility over the past five years. As the US military began to withdraw from the Middle East and Congress sought to address deficit spending, federal funding for defense dropped, greatly tempering overall revenue growth. In addition, fears of greater gun control subsided in 2014 after a series of measures proposed by the Obama administration failed in the Senate, including a ban on assault weapons. The subsequent combination of falling military and consumer spending caused revenue to fall. The industry's trajectory over the next five years will largely depend on US defense spending and perceptions about the future of firearms legislation...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Industry operators will increasingly turn to export markets to offset weaker domestic demand
  • Private-sector demand has been the biggest driver of industry revenue growth
  • Increased military spending on industry products will help bolster revenue growth
  • Industry Report - Industry Products Chapter

    The Guns and Ammunition manufacturing industry can be broken down into four distinct product segments: small arms, small arms ammunition, ammunition (excluding small arms), and other ordinance and accessories.Small armsSmall arms manufacturers produce ammunition carts, gun barrels, machine gun belts, gun clips, gun cylinders, firearms, gun magazines, machine guns, pistols, recoil mechanisms, revolvers, rifles, shotguns and submachine guns. Over the five years to 2017, revenue from this segment is expected to experience strong growth and comprise 47.6% of industry revenue. A large portion of this growth has been led by climbing demand from the civilian market due to anticipation of more stringent gun control laws and growing security concerns. Fal...purchase to read more.

    Additional Insights for the Guns & Ammunition Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Guns & Ammunition Manufacturing Industry are

  • Having a loyal customer base
  • Access to high quality inputs
  • Effective quality control
  • IBISWorld analysts also discuss how external factors such as Federal funding for defense and NATO defense spending in the Guns & Ammunition Manufacturing industry impact industry performance..

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    What's in this report

    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 ammunition
  • Other ammunition
  • Small arms & machine guns
  • Ordnance & accessories
  • Industry Activities
  • Machine guns
  • Shotguns and rifles
  • Handguns
  • Gun magazines
  • Small arms ammunition
  • Ammunition (except small arms)
  • Grenades
  • Mines
  • Artillery and tank ammunition
  • Howitzers and man-portable and vehicle installed rockets and rocket launchers
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for defense
  • NATO defense spending
  • Local and state government investment
  • Per capita disposable income
  • Trade-weighted index

  • Current Performance
  • War and government expenditure
  • Commercial demand
  • International trade
  • Consolidation
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand normalizes
  • Other industry trends
  • Table: Guns & Ammunition Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Guns & Ammunition Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sporting Goods Stores
  • Security Services

  • Key Selling Industries
  • Copper Rolling, Drawing & Extruding
  • Explosives Manufacturing
  • Metal Pipe & Tube Manufacturing
  • Nonferrous Metal Foundry Products Manufacturing

  • Products & Services
  • Small arms & machine guns
  • Small arms ammunition
  • Other ammunition
  • Ordnance & accessories
  • Chart: Guns & Ammunition Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Economic conditions
  • Regulation
  • Public perception of gun laws, politics, security and crime
  • Defense funding
  • International trade

  • Major Markets
  • Exports
  • Military
  • Civilians and law enforcement
  • Chart: Major Market Segmentation for the Guns & Ammunition Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciation, rent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Guns & Ammunition Manufacturing

  • Basis of Competition
  • Internal
  • External

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Guns & Ammunition Manufacturing Industry

  • Industry Globalization
    General Dynamics Corp., Vista Outdoor Operations LLC, American Outdoor Brands Corporation, Remington Outdoor Company, Olin Corp., Orbital ATK Inc.,
  • Table: General Dynamics Corp. - financial performance
  • Table: Vista Outdoor Operations LLC - financial performance
  • Table: American Outdoor Brands Corporation - financial performance
  • Table: Remington Outdoor Company - financial performance
  • Table: Olin Corp. - financial performance
  • Table: Orbital ATK Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Guns & Ammunition Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Guns & Ammunition Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Federal funding for defense (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • Primers that are fired from guns, explosive military items like grenades and bombs and any materials that are thrown in fight.
  • Ordnance
  • Ammunition, explosives and similar warfare devices.
  • Tampion
  • Wooden plug, or a metal, canvas, rubber or plastic cover for the muzzle of a gun.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Guns & Ammunition Manufacturing can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Guns & Ammunition Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Guns & Ammunition Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Guns & Ammunition Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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