The global small caliber hunting and shooting ammunition market which generated $5.05 billion in the year 2015, with major revenue generation from North America due to the presence of large number of local major players. Moreover, the Commonwealth of Independent States (CIS) is expected to grow at a highest CAGR in the forecast period due to rise in hunting activities in this region.
Hunting is one of the major revenue generating industries in several countries. These nations are offering hunting packages to hunters coming from all over the globe. Some of these nations include Zimbabwe, Belarus, Tanzania, and Kazakhstan among others.
The high demand of small caliber ammunition and rising interest among people towards hunting and target shooting activities have led to a robust growth of small caliber hunting and shooting market.
The major pushing forces of the market include: a high participation rate of in hunting and shooting activities, growing number of female shooters and youth hunters, and rise in trophy hunting activities. However, policies implemented by wildlife organizations imposing restrictions over the hunting of certain animal species may affect the growth of global small caliber hunting and shooting ammunition market.
Currently small caliber ammunition is extensively being used in hunting and shooting activities. Shooting activities include trap shooting, recreational shooting,skeet shooting, clay shooting and target shooting among other shooting activities. This high usage of ammunition in hunting and shooting activities has resulted into an increased rate of procurement of ammunition, thereby driving the global hunting and ammunition market forward.
Small caliber ammunition technology is widely being used by professional hunters and target shooters and are currently in high demand, due to rising interest of people towards these activities. Owing to this rising demand of small caliber ammunition market, the author has published a report titled, Global Small Caliber Hunting and shooting Ammunition Market - Forecast & Analysis, 2015-2025 encompassing a comprehensive market segmentation on the basis of global regions.
Key Topics Covered:
1. Scope of the Report
2. Global Small Caliber Hunting and Shooting Ammunition Market
3. Global Small Caliber Hunting and Shooting Ammunition Market Scenario, by Geography
4. Key Players Analysis (Core activities and markets, Product portfolio, Production and marketing policy (if available), Key financial results, SWOT analysis, Key customer segments (if available), Major developments and insights, Key competitors)
- Black-Hills Ammunition
- CBC Group
- Denel PMP
- Liberty Ammunition
- Nammo AS
- RUAG Ammotec
- Remington Outdoor Company
- Tula Cartridge Works
- Vista Outdoor Operations
- Winchester Ammunition
For more information about this report visit http://www.researchandmarkets.com/research/5sp63q/global_small
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SOURCE Research and Markets