The Global Small Caliber Ammunition market is expected to generate over $4.05 billion value by 2022 at an estimated CAGR of 2.14% from 2016 to 2022. The increase in defense expenditure for military modernization programs in developing economies, high rate of participation in hunting & sport activities, growing number of female shooters and rise in demand from private end-users for home/personal security, are some of the key factors driving the global small caliber ammunition market. Heightened civil conflicts and rise in terrorist activities across the world are expected to further increase the business prospects for the ammunition industry.(H/T: Say Uncle) Translated:
We're shooting more than we ever did; the army is training hard; women are becoming more interested in the shooting sports and we're training for self-defense.
Besides that, the terrorists are scaring the crap out of us, to we're shooting more than we ... uh .. well, See above.
From my point of view, it's a Win/Win situation.
On The Other Hand:
There's an old story about the king who spent his kingdom's treasure training his army. A wise man approached him and said "Oh King, you are spending your kingdom's treasure on arms, and yet your people starve!"
The king replied:
"Yes, and then the uprising starts, I will be ready for it!"
(No, I don't know how that applies here, either. But it's a great story!)
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