2025-2034 Rimfire Ammunition Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Rimfire Ammunition Industry Market Size Be by 2025?
The size of the rimfire ammunition market has experienced significant growth over the past few years. It is anticipated to increase from a value of $1.76 billion in 2024 to $1.90 billion in 2025, with a compound annual growth rate (CAGR) of 7.8%. Factors contributing to the growth during the historic period include a surge in demand for cost-effective ammunition, an uptick in usage for training and practice, a rise in uptake in youth shooting programs, and an increase in the demand for ammunition with low recoil.

What's the Long-Term Growth Forecast for the Rimfire Ammunition Market Size Through 2029?
Expectations for the rimfire ammunition market size promise considerable expansion in the upcoming years. The projection is that it will swell up to $2.53 billion by 2029, showing a Compound Annual Growth Rate (CAGR) of 7.5%. Factors contributing to the growth during this forecast period include an increased number of people participating in shooting sports, an uptick in cost-effective training ammunition demand, a surge in hunting small game, civilian firearm ownership on the rise, and recreational shooting activities becoming increasingly popular. The major trends expected during this forecast period involve progress in technology for lead-free ammunition, the application of biodegradable materials in cartridge design, technological enhancements to improve rimfire cartridge performance, advancements in high-precision rimfire ammunition, and progress in the manufacturing processes for cost-efficient production.

View the full report here:
https://www.thebusinessresearchcompany.com/report/rimfire-ammunition-global-market-report

What Are the Key Growth Drivers Fueling the Rimfire Ammunition Market Expansion?
The rise in popularity of shooting sports is set to fuel the expansion of the rimfire ammunition market. This surge in interest is attributed to competitive and recreational shooting activities that require proficiency in aiming and firing firearms or airguns. The accessibility of shooting ranges and training facilities has been key to promoting the practice of these sports. Rimfire ammunition has proven beneficial to shooting sports due to its cost-effectiveness and less recoil, making it highly suitable for beginners and recreational activities. It contributes to training and competition by being consistently reliable and economical, thereby inviting more people into the sport. According to a survey by the US-based National Shooting Sports Foundation Inc. in January 2024, target shooting with a handgun (16.9%), target shooting with a rifle (15.6%), and target shooting at an outdoor range (13.3%) were the most preferred types of recreational shooting sports in 2022. Notably, 17% of all adults who took part in shooting sports in 2022 were first-timers - a 42% surge compared to 2020. Hence, the growing enthusiasm for shooting sports is stimulating the growth of the rimfire ammunition market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=25493&type=smp

What Are the Key Trends Driving Rimfire Ammunition Market Growth?
Major players in the rimfire ammunition market are focusing on the creation of technologically sophisticated products, such as projectiles free from lead, to comply with environmental rules and to meet the rising demand for non-toxic substitutes. Lead-free projectiles are designed without any lead parts in the bullet, primer, or casing, opting for alternative materials to lessen toxic exposure and ecological impact. For example, Winchester Ammunition, a company based in the US that specializes in firearms and ammunition, introduced the 21 Sharp in September 2024, a rimfire cartridge aimed at increasing accuracy and performance on target. This premium rimfire ammunition delivers lead-free precision, broad projectile compatibility, and dependable output, making it perfect for contemporary shooting and eco-friendly application. The 21 Sharp cartridge is markedly versatile, ensuring trustworthy performance across various bullet types, including jacketed variants, by taking advantage of its design, particularly built for superior precision and uniform results in both recreational shooting and small game hunting.

How Is the Rimfire Ammunition Market Segmented?
The rimfire ammunition market covered in this report is segmented -

1) By Product Type:.22 Long Rifle (LR),.22 Short,.22 Winchester Magnum Rimfire (WMR),.17 Hornady Magnum Rimfire (HMR), Subsonic Ammunition
2) By Application: Hunters, Competition, Entertainment, Other Applications
3) By End-User: Individual Consumers, Sports Shooting Organizations, Hunting Clubs, Law Enforcement Agencies, Military Training Units

Subsegments:
1) By.22 Long Rifle (LR): High Velocity, Standard Velocity, Match Grade, Hollow Point, Lead Round Nose, Copper Plated
2) By.22 Short: Blank, Conical Ball (CB), Hollow Point, Lead Round Nose (LRN)
3) By.22 Winchester Magnum Rimfire (WMR): Jacketed Hollow Point (JHP), Full Metal Jacket (FMJ), Polymer Tip, Subsonic
4) By.17 Hornady Magnum Rimfire (HMR): Varmint Maximum (V-MAX) Polymer Tip, Hollow Point, Full Metal Jacket (FMJ), Trinitrotoluene (TNT) Explosive Tip
5) By Subsonic Ammunition:.22 Long Rifle (LR) Subsonic Hollow Point,.22 Long Rifle (LR) Subsonic Lead Round Nose,.22 Winchester Magnum Rimfire (WMR) Subsonic,.17 Hornady Magnum Rimfire (HMR) Subsonic

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=25493&type=smp

Which Companies Are Leading the Charge in Rimfire Ammunition Market Innovation?
Major Companies operating in the rimfire ammunition market are Hornady Manufacturing Company, Fiocchi Munizioni S.p.A., Browning Arms Company, Lapua, Nosler Inc., True Velocity Inc., Eley Group Ltd., Pobjeda Technology, Freedom Munitions LLC, Czechoslovak Group, DRT Ammo, Aguila Ammunition, Atomic Ammo Holdings Inc, HSM Ammunition, Prvi Partizan, SBR Ammunition, Sellier & Bellot, Winchester Ammunition, Geco Ammunition, RWS Ammunition

Which Regions Are Leading the Global Rimfire Ammunition Market in Revenue?
North America was the largest region in the rimfire ammunition market in 2024. The regions covered in the rimfire ammunition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=25493

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.