Product Code: ETC127408 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Ammunition Market is projected to witness mixed growth rate patterns during 2025 to 2029. Beginning strongly at 26.95% in 2025, growth softens to 13.89% in 2029.
Vietnam's Ammunition market is anticipated to experience a high growth rate of 12.09% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam ammunition market has seen notable growth in recent years, driven by the modernization of the country`s defense forces, the need for military and law enforcement personnel training, and the rise in security threats. Ammunition plays a critical role in ensuring the operational readiness of armed forces and law enforcement agencies, making it an essential component of national defense strategies. As Vietnam continues to strengthen its defense capabilities and enhance security measures, the demand for ammunition is expected to grow steadily.
Several factors have contributed to the growth of the ammunition market in Vietnam. Firstly, the country`s focus on enhancing its defense capabilities in response to regional security challenges and geopolitical developments has led to increased investments in military modernization, including the procurement of ammunition. Secondly, the need for training and readiness among defense personnel and law enforcement agencies necessitates a constant supply of ammunition for exercises, drills, and operational requirements.
Despite its growth potential, the Vietnam ammunition market faces certain challenges. One of the primary challenges is the need for stringent regulations and controls over the sale, possession, and use of ammunition to ensure public safety and prevent illegal arms trafficking. Additionally, the dependence on foreign suppliers for certain types of ammunition may expose the market to potential supply chain disruptions during geopolitical uncertainties.
The Covid-19 pandemic has had implications for the Vietnam ammunition market. The disruptions in global trade and supply chains during the pandemic may have impacted the availability and delivery of ammunition shipments. Moreover, the diversion of resources and attention towards addressing public health concerns and managing the pandemic response may have temporarily affected defense procurement plans. However, the pandemic has also highlighted the importance of maintaining national security and emergency preparedness, underscoring the significance of a well-equipped defense sector.
Vietnam Ammunition |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Ammunition Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Ammunition Market - Industry Life Cycle |
3.4 Vietnam Ammunition Market - Porter's Five Forces |
3.5 Vietnam Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.6 Vietnam Ammunition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Vietnam Ammunition Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Ammunition Market Trends |
6 Vietnam Ammunition Market, By Types |
6.1 Vietnam Ammunition Market, By Caliber |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Ammunition Market Revenues & Volume, By Caliber, 2018 - 2031F |
6.1.3 Vietnam Ammunition Market Revenues & Volume, By Small Caliber, 2018 - 2031F |
6.1.4 Vietnam Ammunition Market Revenues & Volume, By Medium Caliber, 2018 - 2031F |
6.1.5 Vietnam Ammunition Market Revenues & Volume, By Large Caliber, 2018 - 2031F |
6.2 Vietnam Ammunition Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Ammunition Market Revenues & Volume, By Rimfire, 2018 - 2031F |
6.2.3 Vietnam Ammunition Market Revenues & Volume, By Centerfire, 2018 - 2031F |
6.3 Vietnam Ammunition Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Ammunition Market Revenues & Volume, By Civil & Commercial, 2018 - 2031F |
6.3.3 Vietnam Ammunition Market Revenues & Volume, By Defense, 2018 - 2031F |
7 Vietnam Ammunition Market Import-Export Trade Statistics |
7.1 Vietnam Ammunition Market Export to Major Countries |
7.2 Vietnam Ammunition Market Imports from Major Countries |
8 Vietnam Ammunition Market Key Performance Indicators |
9 Vietnam Ammunition Market - Opportunity Assessment |
9.1 Vietnam Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.2 Vietnam Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Vietnam Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Ammunition Market - Competitive Landscape |
10.1 Vietnam Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Ammunition Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |