Industry Analysis & Industry Trends
The Guns and Ammunition Manufacturing industry has experienced increased volatility over the past five years. The industry experienced aggressive revenue growth in the years after the recession as fears of more restrictive gun control laws overrode consumers' financial constraints. The industry's trajectory over the next five years will largely depend on US defense spending and perceptions about the future of firearms legislation. While revenue grew substantially over the past five years, it is forecast to move more in line with historical growth rates as consumer demand eventually begins to normalize. Nonetheless, increased military spending on industry products will help bolster industry growth, despite overall spending remaining below levels experienced in 2012... 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. The.. purchase to read more