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Small Caliber Ammunition Market Analysis

The North America region is the largest market for ammunition manufacturers and is expected to remain so over the forecasted period. For the period 2018, North America had a market share of XX% (in terms of value) of the global small caliber ammunition market. It is anticipated to reach a market value of $XX billion in 2023 at a CAGR of XX% from 2018 to 2023. The small arms and ammunition manufacturers in the North America region are facing a growth in the defense/military market, as generating major revenues from this sector is difficult. Although civilian and commercial sectors are expected to have a good demand in the market.

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