The ammunition market in Australia is expected to reach a projected revenue of US$ 638.1 million by 2036. A compound annual growth rate of 3.7% is expected of Australia ammunition market from 2026 to 2036.
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Australia ammunition market highlights
The Australia ammunition market generated a revenue of USD 428.7 million in 2025 and is expected to reach USD 638.1 million by 2036.
The Australia market is expected to grow at a CAGR of 3.7% from 2026 to 2036.
In terms of segment, small caliber was the largest revenue generating caliber in 2025.
Rockets & Missiles is the most lucrative caliber segment registering the fastest growth during the forecast period.
Ammunition market data book summary
Market revenue in 2025
USD 428.7 million
Market revenue in 2036
USD 638.1 million
Growth rate
3.7% (CAGR from 2026 to 2036)
Largest segment
Small caliber
Fastest growing segment
Rockets & Missiles
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2036
Quantitative units
Revenue in USD million
Market segmentation
Small Caliber, Medium Caliber, Large Caliber, Rockets & Missiles
Key market players worldwide
Northrop Grumman Corp, Olin Corp, General Dynamics Corp, BAE Systems PLC, Rheinmetall AG, Hanwha, Temasek Holdings, Vista Outdoor Inc, FN Herstal, Nexaer, Remington Arms Company
Other key industry trends
In terms of revenue, Australia accounted for 0.5% of the global ammunition market in 2025.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2036.
In Asia Pacific, China ammunition market is projected to lead the regional market in terms of revenue in 2036.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,868.8 million by 2036.
Australia is one of the major exporters of defense equipment globally with exports valued over 1.81 billion for the year 2020-2021. The major importer of Australian defense products and services include the U.S., Europe, and New Zealand.
The country is marked by the presence of several top defense contractors in the world including Raytheon, BAE Systems, and Thales. Also, there are approximately 3000 small and medium-sized enterprises in the country.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Ammunition Market will help companies and investors design strategic landscapes.
Small Caliber was the largest segment with a revenue share of 50.41% in 2025.
Horizon Databook has segmented the Australia ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2021 to 2036.
Australia is one of the major exporters of defense equipment globally with exports valued over 1.81 billion for the year 2020-2021. The major importer of Australian defense products and services include the U.S., Europe, and New Zealand.
The country is marked by the presence of several top defense contractors in the world including Raytheon, BAE Systems, and Thales. Also, there are approximately 3000 small and medium-sized enterprises in the country.
Australia Ammunition Market Caliber Outlook (Revenue, USD Million , 2021-2036)
Small Caliber
Medium Caliber
Large Caliber
Rockets & Missiles
Australia Ammunition Market Application Outlook (Revenue, USD Million , 2021-2036)
Civil & Commercial
Defense
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Target buyers of ammunition market databook
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia ammunition market, including forecasts for subscribers. This country databook contains high-level insights into Australia ammunition market from 2021 to 2036, including revenue numbers, major trends, and company profiles.