Overview of the Market for Small Arms And Ordnance Accessories in the USA
In value terms, small arms and ordnance accessories production rose slightly to $ in 2019. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % year-to-year. As a result, production attained the peak level of $. From 2017 to 2019, production growth remained at a lower figure.
The size of the market for small arms, ordnance, and ordnance accessories in the U.S. fell slightly to $ in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a slight setback. The pace of growth was the most pronounced in 2016 when the market value increased by % against the previous year. As a result, consumption reached the peak level of $. From 2017 to 2019, the growth of the market remained at a lower figure.