Latin America Shotgun Ammunition Market Size & Outlook
The shotgun ammunition market in Latin America is expected to reach a projected revenue of US$ 311.0 million by 2030. A compound annual growth rate of 4.7% is expected of Latin America shotgun ammunition market from 2025 to 2030.
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- Shotgun Ammunition Market Outlook
- Advanced Materials
Revenue, 2024 (US$M)
$236.2
Forecast, 2030 (US$M)
$311.0
CAGR, 2025 - 2030
4.7%
Report Coverage
Latin America
Latin America Shotgun Ammunition Market, 2018-2030 (US$M)
Global Market
Related Markets
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Latin America shotgun ammunition market highlights
- The Latin America shotgun ammunition market generated a revenue of USD 236.2 million in 2024.
- The market is expected to grow at a CAGR of 4.7% from 2025 to 2030.
- In terms of segment, 12 gauge was the largest revenue generating gauge type in 2024.
- 20 Gauge is the most lucrative gauge type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2024 | USD 236.2 million |
| Market revenue in 2030 | USD 311.0 million |
| Growth rate | 4.7% (CAGR from 2025 to 2030) |
| Largest segment | 12 gauge |
| Fastest growing segment | 20 Gauge |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 12 Gauge, 20 Gauge, 16 Gauge |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.4% of the global shotgun ammunition market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,506.1 million by 2030.
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Publish Date: Jun 03, 2025
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Shotgun Ammunition Market Scope
Shotgun Ammunition Market segmentation & scope
Shotgun Ammunition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BAE Systems PLC | View profile | 99,800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | www.baesystems.com |
| FN Herstal | View profile | 1001-5000 | Herstal, Liege, Belgium, Europe | www.fnherstal.com/ |
| Olin Corporation | View profile | 10001+ | St Louis, Missouri, United States, North America | www.olin.com/ |
| Remington | View profile | 1-10 | De Forest, Wisconsin, United States, North America | www.remingtonproducts.com/ |
| CBC | View profile | 5001-10000 | Ottawa, Ontario, Canada, North America | www.cbc.ca/ |
| Federal Ammunition | View profile | 1001-5000 | Anoka, Minnesota, United States, North America | www.federalpremium.com |
| Kent Cartridge | View profile | 11-50 | Kearneysville, West Virginia, United States, North America | kentcartridge.com/ |
Latin America Shotgun Ammunition Market Outlook
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 Shotgun Ammunition Market Outlook will help companies and investors design strategic landscapes.
12 Gauge was the largest segment with a revenue share of 63.67% in 2024.
Horizon Databook has segmented the Latin America shotgun ammunition market based on 12 gauge, 20 gauge, 16 gauge covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Shotgun Ammunition Market Gauge Type Outlook (Revenue, USD Million , 2018-2030)
- 12 Gauge
- 20 Gauge
- 16 Gauge
- Others
- Latin America Shotgun Ammunition Market Application Outlook (Revenue, USD Million , 2018-2030)
- Civilian
- Military/Law Enforcement Agencies
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Shotgun Ammunition Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Shotgun Ammunition Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America shotgun ammunition market statistics, by gauge type, 2018-2030 (US$M)
