Latin America Ammunition Market, 2026-2036
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Latin America ammunition market highlights
- The Latin America ammunition market generated a revenue of USD 703.1 million in 2025.
- The market is expected to grow at a CAGR of 1.1% 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.
- Country-wise, Argentina is expected to register the highest CAGR from 2026 to 2036.
Latin America data book summary
| Market revenue in 2025 | USD 703.1 million |
| Market revenue in 2036 | USD 811.5 million |
| Growth rate | 1.1% (CAGR from 2026 to 2036) |
| Largest segment | Small caliber |
| Fastest growing segment | Rockets & Missiles |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, Latin America region accounted for 0.9% of the global ammunition market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2036.
- MEA is the fastest growing regional market and is projected to reach USD 3,408.8 million by 2036.
Central & South America imports most of its arms and ammunition for military and civilians use from the U.S. In recent times. The region has emerged as a new producer of arms and ammunitions. Most of the gun related crimes are reported in countries like Brazil. The main cause of the rise in these gun related crimes is due to relaxed law regulations and other societal norms.
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Publish Date: Jan 12, 2026
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Ammunition Market
Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Olin Corp | View profile | 7,326 | 190 Carondelet Plaza, Suite 1530, Clayton, MO, United States, 63105 | www.olin.com |
| Vista Outdoor Inc | View profile | 7,000 | 1 Vista Way, Anoka, MN, United States, 55303 | www.vistaoutdoor.com |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | www.hanwhacorp.co.kr/eng/index.jsp |
| BAE Systems PLC | View profile | 99,800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | www.baesystems.com |
| Northrop Grumman Corp | View profile | 101,000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | www.northropgrumman.com |
| General Dynamics Corp | View profile | 111,600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | www.gd.com |
| Rheinmetall AG | View profile | 25,344 | Rheinmetall Platz 1, Dusseldorf, NW, Germany, 40476 | www.rheinmetall.com |
| Temasek Holdings | View profile | 501-1000 | Singapore, Central Region, Singapore, Asia | www.temasek.com.sg |
| FN Herstal | View profile | 1001-5000 | Herstal, Liege, Belgium, Europe | www.fnherstal.com/ |
| Nexaer | View profile | 11-50 | Anaheim, California, United States, North America | nexaer.com |
Latin America ammunition market
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 56.86% in 2025.
Horizon Databook has segmented the Latin America ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2021 to 2036.
Central & South America imports most of its arms and ammunition for military and civilians use from the U.S. In recent times. The region has emerged as a new producer of arms and ammunitions. Most of the gun related crimes are reported in countries like Brazil. The main cause of the rise in these gun related crimes is due to relaxed law regulations and other societal norms.
- Latin America Ammunition Market Caliber Outlook (Revenue, USD Million , 2021-2036)
- Small Caliber
- Medium Caliber
- Large Caliber
- Rockets & Missiles
- Latin America Ammunition Market Application Outlook (Revenue, USD Million , 2021-2036)
- Civil & Commercial
- Defense
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ammunition market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America ammunition market from 2021 to 2036, including revenue numbers, major trends, and company profiles.
Latin America Ammunition Market, 2021-2036 (US$M)
Latin America ammunition market statistics, by caliber, 2021-2036 (US$M)
