global ammunition market share is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers. Ammunitions are majorly utilized in rifles, shotguns, and handguns with a wide range of calibers. The rising cases of mass shooting, as well as increasing terrorist activities are further resulting in the need for personal safety. It is thereby surging the demand for handguns worldwide. Apart from that, the increasing number of shooting ranges for recreational and sports activities would augment the ammunition market growth during the forecast period.
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