Ammunition Industry Witnesses Rising Investments in Defense Systems

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2026-05-25 07:24:28 -

The ammunition market continues to witness significant transformation as defense agencies worldwide strengthen military preparedness amid rising geopolitical instability and cross-border conflicts. The global ammunition market size was estimated at USD 80.86 billion in 2025 and is expected to reach USD 28.37 billion by 2033, registering a CAGR of -14.0% from 2026 to 2033. Increasing investments...

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