Please Wait.....
Report
Ammunition Storage - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2024 - 2029)
Market Report I 2024-02-17 I 90 Pages I Mordor Intelligence
The Ammunition Storage Market size is estimated at USD 2.86 billion in 2024, and is expected to reach USD 3.5 billion by 2029, growing at a CAGR of 4.08% during the forecast period (2024-2029).
The ammunition storage market has been growing steadily in recent years owing to the increasing instances of armed conflict in geographies such as Europe, the Middle East, Asia-Pacific, and North Africa on account of geopolitical rifts and rampant acts of terrorism, and national security agencies. Hence, these global powers are procuring a significant quantity of firearms and ammunition, thereby driving the need for safe storage.
The storage and protection of ammunition for military and law enforcement agencies is a critical aspect of the defense industry, as it plays a crucial role in ensuring that ammunition is readily available for combat operations, training exercises, and homeland security. However, the market players in the ammunition storage industry face challenges due to strict regulations governing safety, security, and environmental protection. Adherence to these regulations can be difficult and expensive.
Ammunition Storage Market Trends
Metal Ammunition Storage to Exhibit the Highest Growth Rate During the Forecast Period
Metal ammunition boxes or crates are used for transporting and storing ammunition of various calibers safely and securely. They are typically made of steel and have a rubber gasket around the lid to protect the ammunition from moisture and air. The primary benefit of steel ammo boxes is being made for military use as they are strong and sturdy. The demand for the metal ammunition storage material segment is driven by rising defense expenditures by various global powers annually, as governments worldwide are putting significant resources towards bolstering their defense capabilities, which include acquiring ammunition and enhancing their ammunition storage facilities and systems. On this note, in 2022 the global military expenditure reached USD 2,240 billion, this was a growth of 6% from the year 2021. Additionally, to cater to the demand driven by metal-type ammunition storage boxes, various OEMs are developing metal ammunition storage boxes for the efficient use of ammunition. For instance, one of the major ammunition storage OEMs in the US Mauser Packaging Solutions has been developing the highest-quality rustproof and leakproof metal boxes designed for military uses including storing ammunition, mortars, grenades, and flares. The company also develops various stronghold boxes that are available in a variety of sizes for storing and transporting ammunition that meets the international requirements of the US DoD, and each box or can is individually tested for air and watertightness. Overall, such developments are anticipated to drive the growth of the segment of the market in focus during the forecast period.
North America to Dominate the Market During the Forecast Period
In North America, the US is one of the leading nations in terms of technological superiority and has a plethora of firearms and other weapons at its disposal to effectively neutralize and subdue hostile forces. For instance, during 2018-2022 nearly 40% of the global arms export was dominated by the US. The US is also an avid buyer of new weapons and ammunition, and this factor drives the demand for ammunition storage market in the region. For instance, in 2022, the country spent USD 2.27 billion on the procurement of ammunition for the US Army. Out of the total procurement, the country procured small-caliber and medium-caliber ammunition at a cost of USD 320 million, while USD 150 million was allocated for the procurement of mortar ammunition and USD 204 million for tank ammunition. Additionally, the US military has deployed its soldiers in more than 150 countries around the world, with several of the military personnel permanently assigned outside the country and its territories, excluding Afghanistan, Iraq, and Syria. To support peacekeeping efforts and address geopolitical risks, the United States consistently acquires ammunition, which necessitates the use of different types of secure ammunition storage solutions. Overall, the enhanced capabilities of China and Russia on the battlefield forced the US to increase its investments in advanced weapon systems and ammunition. This in turn creates the demand for the ammunition storage systems in the region.
Ammunition Storage Industry Overview
The ammunition storage market is semi-consolidated with players such as Mauser Packaging Solutions, Milan Box Corporation, Tri-State Crating & Pallet, Mil-Spec Industries Corp., and Conco, Inc. etc. dominating the market. These companies design, develop, and supply ammunition storage boxes offering a set of required features such as maximum protection, low weight, low space occupancy, high stacking permissibility, low packaging cost, etc. It is crucial for vendors to provide state-of-the-art systems to the end-users to survive and succeed in the intensely competitive market environment. The majority of the defense OEMs are competing based on their in-house manufacturing capabilities, global footprint network, product offerings, R&D investments, and strong client base.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Storage Type
5.1.1 Crates
5.1.2 Others
5.2 Ammunition Storage Material
5.2.1 Plastic
5.2.2 Metal
5.2.3 Wood
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 Latin America
5.3.4.1 Brazil
5.3.4.2 Mexico
5.3.4.3 Rest Of Latin America
5.3.5 Middle-East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 South Africa
5.3.5.3 Saudi Arabia
5.3.5.4 Rest Of Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Mauser Packaging Solutions
6.2.2 Milan Box Corporation
6.2.3 Modular Container Systems
6.2.4 Tri-State Crating & Pallet
6.2.5 Mil-Spec Industries Corp.
6.2.6 Conco Inc.
6.2.7 CN ROMTEHNICA SA
6.2.8 Nordic Armoury OU
6.2.9 Safewell
6.2.10 Alta Max LLC.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security