Market Forecast By Caliber (Small Caliber, Medium Caliber, Large Caliber), By Product (Rimfire, Centerfire), By Application (Civil & Commercial, Defense) And Competitive Landscape
Product Code: ETC127386 | Publication Date: Jun 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Egypt Ammunition market currently, in 2023, has witnessed an HHI of 7166, Which has increased moderately as compared to the HHI of 3978 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Egypt Ammunition Market report thoroughly covers the market by calibre, by product, and by application. The market outlook high report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Egypt ammunition market has been witnessing a steady growth in recent years due to the increasing demand for weapons and firearms for military, law enforcement, and civilian use. With advancements in technology, new types of weapons have been developed that require specialized ammunition. Moreover, as global conflicts continue to emerge, countries are now focusing on strengthening their defense capabilities, which has resulted in a rise in demand for ammunition.
According to 6Wresearch, the Egypt Ammunition Market size is projected to grow at a CAGR of 4.8% during the forecast period 2025-2031. Growing Military Expenditure: The Egyptian government has been increasing its military budget to modernize its armed forces and counter regional threats. This has led to increased spending on ammunition as well. With ongoing political instability and terrorist threats, the Egyptian government is investing in ammunition to enhance its domestic security capabilities. The civilian market for firearms and ammunition has been steadily growing due to increased crime rates and self-defense concerns among civilians. Additionally, advancements in technology have resulted in the development of new and advanced weapons, which require specialized ammunition. This has further boosted the demand for ammunition is estimated to secure the growth of the Egypt Ammunition industry.
The Egyptian government has implemented several initiatives aimed at bolstering its ammunition market. Efforts include partnerships with foreign defense companies to localize production, securing deals that enable technology transfers, and investing in research and development for advanced ammunition types. Additionally, the military has begun modernizing its procurement processes to facilitate rapid acquisition and increase stockpiles of critical munitions.
The Arab Organization for Industrialization (AOI), Northrop Grumman and Raytheon, both American defense giants, have established solid footprints through various. The Egyptian MOD Cartridge Company stands out as a pivotal national entity, producing vital small arms ammunition for military and law enforcement purposes.
The Egypt ammunition market growth is likely to surge in the future. With the growing expansions in domestic manufacturing capabilities, enhanced by direct investments and policy incentives, are anticipated to reduce reliance on imports. Additionally, the introduction of innovative ammunition technologies such as guided munitions and smart weaponry could redefine the landscape of the market.
According to Dhaval, Research Manager, 6Wresearch, the small caliber segment currently dominates the market, and it is expected to continue its growth trajectory in the coming years. This can be attributed to the high demand for firearms among both military and civilian users, coupled with ongoing modernization efforts by the Egyptian government.
Based on the application, the sports shooting sector is the only application that has shown consistent growth in the market. This can be attributed to the increasing popularity of shooting as a recreational activity among Egyptians, especially in urban areas.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Ammunition Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Ammunition Market - Industry Life Cycle |
3.4 Egypt Ammunition Market - Porter's Five Forces |
3.5 Egypt Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.6 Egypt Ammunition Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Egypt Ammunition Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Egypt Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Ammunition Market Trends |
6 Egypt Ammunition Market, By Types |
6.1 Egypt Ammunition Market, By Caliber |
6.1.1 Overview and Analysis |
6.1.2 Egypt Ammunition Market Revenues & Volume, By Caliber, 2021 - 2031F |
6.1.3 Egypt Ammunition Market Revenues & Volume, By Small Caliber, 2021 - 2031F |
6.1.4 Egypt Ammunition Market Revenues & Volume, By Medium Caliber, 2021 - 2031F |
6.1.5 Egypt Ammunition Market Revenues & Volume, By Large Caliber, 2021 - 2031F |
6.2 Egypt Ammunition Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Egypt Ammunition Market Revenues & Volume, By Rimfire, 2021 - 2031F |
6.2.3 Egypt Ammunition Market Revenues & Volume, By Centerfire, 2021 - 2031F |
6.3 Egypt Ammunition Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Egypt Ammunition Market Revenues & Volume, By Civil & Commercial, 2021 - 2031F |
6.3.3 Egypt Ammunition Market Revenues & Volume, By Defense, 2021 - 2031F |
7 Egypt Ammunition Market Import-Export Trade Statistics |
7.1 Egypt Ammunition Market Export to Major Countries |
7.2 Egypt Ammunition Market Imports from Major Countries |
8 Egypt Ammunition Market Key Performance Indicators |
9 Egypt Ammunition Market - Opportunity Assessment |
9.1 Egypt Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.2 Egypt Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Egypt Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Egypt Ammunition Market - Competitive Landscape |
10.1 Egypt Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Egypt Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |