According to a recent report published by Allied Market Research, titled, “Small Caliber Ammunition Market by Size, Application, and Casing: Global Opportunity Analysis and Industry Forecast, 2022–2031,” the global small caliber ammunition market was valued at $ 10,779.2 million in 2021, and is estimated to reach $14,190.6 million by 2031, registering a CAGR of 2.8% from 2022 to …