The ammunition market in Middle East & Africa is expected to reach a projected revenue of US$ 3,408.8 million by 2036. A compound annual growth rate of 2.3% is expected of Middle East & Africa ammunition market from 2026 to 2036.
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MEA ammunition market highlights
The MEA ammunition market generated a revenue of USD 2,653.8 million in 2025.
The market is expected to grow at a CAGR of 2.3% 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, UAE is expected to register the highest CAGR from 2026 to 2036.
MEA data book summary
Market revenue in 2025
USD 2,653.8 million
Market revenue in 2036
USD 3,408.8 million
Growth rate
2.3% (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, MEA region accounted for 3.3% 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.
The increase in arms transfer is majorly driven by the rising demand in Middle East and Africa. Saudi Arabia is the world’s second largest arms importer in 2018-2022. The economic growth of the countries and heavy investments in the defense industries due to the rise in cross border threats are factors that propel the growth of ammunition market in Middle East & Africa.
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 55.57% in 2025.
Horizon Databook has segmented the Middle East & Africa ammunition market based on small caliber, medium caliber, large caliber, rockets & missiles covering the revenue growth of each sub-segment from 2021 to 2036.
The increase in arms transfer is majorly driven by the rising demand in Middle East and Africa. Saudi Arabia is the world’s second largest arms importer in 2018-2022. The economic growth of the countries and heavy investments in the defense industries due to the rise in cross border threats are factors that propel the growth of ammunition market in Middle East & Africa.
Middle East & Africa Ammunition Market Caliber Outlook (Revenue, USD Million , 2021-2036)
Small Caliber
Medium Caliber
Large Caliber
Rockets & Missiles
Middle East & Africa Ammunition Market Application Outlook (Revenue, USD Million , 2021-2036)
Civil & Commercial
Defense
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Target buyers of ammunition market databook
Our clientele includes a mix of ammunition market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ammunition market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ammunition market from 2021 to 2036, including revenue numbers, major trends, and company profiles.
Middle East Africa Ammunition Market, 2021-2036 (US$M)