Published on in “Business, Business”, language — English. 4 pages.
The global ammunition market size was estimated at USD 11.74 billion in 2015 and is anticipated to experience a noteworthy growth in the near future owing to the rising security concerns caused by the upswing in terrorist groups and activities. Arms race has been observed in the developing economies of Pakistan, China and India which is presumed to thrust the demand over the forecast period. More