Join date: Aug 18, 2021


The global ammunition market size was valued at USD 21.38 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. Rising hostilities and terrorist activities across the globe are likely to increase the procurement of defense equipment by prominent militaries, thereby, directly benefiting the market over the forecast period.


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