Colombia Arms & Ammunition Market - GLOBAL

The arms and ammunition market in Colombia has exhibited a high growth in the recent past. Factors such as conflict with Venezuela, failure to implement strict gun control, displaced people relying on subsistence hunting for survival are the key growth drivers for the market. The competitive landscape includes players from different geographies having global distribution networks in Colombia. Factors, such as cost, innovation and development, and ease of accessibility have been significant for gaining growth in the arms and ammunition market in Colombia. Additionally, increased demand for small arms and ammunition for purposes such as hunting, sporting, and self-defense is expected to drive the growth of small arms and ammunition during the forecast period.

The following points provide a concrete description of the report content and the topics covered in the report:
This report identifies the arms and ammunition market in Colombia across different categories such as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.
The report mentions about key market players for each category of arms and ammunition imported in the Colombia market.
Additional focus has been given on small caliber ammunition market. The report provides expected value and volume of import for small caliber ammunition both by brand and caliber during the forecast period.
Executive Summary
1 Report Scope and Methodology
1.1 Scope of the Report
1.2 Colombia Arms and Ammunition Market Segmentation
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 Assumptions and Limitations

2 Colombia Arms and Ammunition Market
2.1 Introduction
2.2 Colombia Arms and Ammunition Market Overview
2.3 Military Weapons
2.4 Revolvers and Pistols
2.5 Firearms and Similar devices
2.6 Spring, Air or Gas Guns and Pistols, Truncheons, and Other Non-Firearms
2.7 Parts and Accessories for Weapons
2.8 Bombs, Grenades, Torpedoes , Mines, Missiles, Cartridges, and Other Ammunitions
2.9 Colombia Small Arms and Ammunition Market
2.9.1 Colombia Small Arms Market Overview
2.9.2 Colombia Small Caliber Ammunition Market Overview
2.9.3 Colombia Small Caliber Ammunition Imports, Value and Volume
2.9.4 Colombia Small Caliber Ammunition Imports (by Caliber)
2.9.5 Colombia Small Caliber Ammunition Imports (by Brand)
List of Figures
1 Military Expenditure in Colombia ( % GDP ), 2012-2017
2 Colombia Arms and Ammunition Market (Imports), $ Million, 2017-2022
3 Colombia Arms and Ammunition Market, 2017 and 2022
4 Colombia Small Caliber Ammunition Market (Imports), 2017 and 2022
1.1 Colombia Arms and Ammunition Market Segmentation
1.2 Factors Considered for Data Prediction and Modeling
2.1 Colombia Arms and Ammunition Market Segmentation
2.2 Overview of Colombia Arms and Ammunition Market, 2017-2022
2.3 Overview of Colombia Small Caliber Ammunition Market, 2017-2022
2.4 Colombia Arms and Ammunition Market for Military Weapons, 2017-2022
2.5 Colombia Arms and Ammunition Market for Revolvers and Pistols, 2017-2022
2.6 Colombia Arms and Ammunition Market for Firearms and Similar Devices, 2017-2022
2.7 Colombia Arms and Ammunition Market for Spring, Air or Gas Guns and Pistols, Truncheons, and Other Non-Firearms, 2017-2022
2.8 Colombia Arms and Ammunition Market for Parts and Accessories, 2017-2022
2.9 Colombia Arms and Ammunition Market for Bombs and Grandes -Torpedoes, Mines, Missiles, Cartridges, and Other Ammunition, 2017-2022
2.10 Colombia Small Arms Market Overview
2.11 Colombia Small Caliber Ammunition Market Overview
2.12 Colombia Small Caliber Ammunition Imports, Value and Volume
2.13 Colombia Small Caliber Ammunition Imports (by Caliber), Value ($)
2.14 Colombia Small Caliber Ammunition Imports (by Caliber), Volume (Units)
2.15 Colombia Small Caliber Ammunition Imports (by Brand), Value ($)
2.16 Colombia Small Caliber Ammunition Imports (by Brand) Volume (Units)
Arms and ammunition in Colombia are used by different end users such as military, law enforcement, and civilian. Ammunition in the civilian market has gained importance owing to the growing demand in self-defence, hunting, and shooting applications. Additionally, the rising tension between Colombia and neighbouring countries calls for tightening the security at the country’s borders due to which a steep climb is expected in arms and ammunition market during the forecast period (2018-2022).
The market landscape includes players from different geographies having global distribution networks. Factors, such as cost, innovation and development, and ease of accessibility have been significant for the market growth of arms and ammunition in Colombia
The arms and ammunition market in Colombia is anticipated to generate a revenue of $46.82 million by 2022. The demand for arms and ammunition is majorly attributed to the growing interest for small arms and ammunition from commercial markets for self-defense and hunting and shooting applications. Additionally, military end users are also expected to contribute toward a robust demand for other categories of arms and ammunition.
Colombia
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According to a new market intelligence report by BIS Research, titled "Colombia Arms and Ammunition Market - Analysis and Forecast, 2018-2022", the arms and ammunition market in Colombia is expected to reach $46.80 million by 2022. The arms and ammunition market is segmented into categories such as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.
The arms and ammunition market in Colombia is driven by the growing demand for weapons by not only the military forces but also civilians for subsistence hunting and self-defense purposes. The market landscape includes players from different geographies having global distribution networks. Factors, such as cost, innovation and development, and ease of accessibility have been significant for the market growth of arms and ammunition in Colombia. The increased tension with Venezuela with a possible intervention by the U.S., growing terrorism, displacement of people depending on subsistence hunting are some factors that are expected to give the market a boost during the forecast period.
The key international manufacturers of arms and ammunition are indulging in partnerships with local dealers or are signing contracts and joint ventures with the government to enter into the market. According to BIS Research Analysis, the arms and ammunition market in Colombia was estimated as $37.6 million in 2017.
With the increasing demand for weapons in Colombia, companies operating in this industry are compelled to come up with collaborative strategies in order to expand their business. Israel Weapon Industries (Israel), Mules Productions LLC (U.S.), Zira Silah Sanay (Turkey), Gamo Outdoor Sports Limited (Spain) Crosman Corporation (U.S.), and Hilti Latin America are some of the manufacturers exporting arms and ammunition into Colombia.
The category of bombs and grenades is expected to register the highest CAGR during the forecast period (2018-2028) owing to the threats from Venezuela due to the rising tension across borders. The market share of civilian end user is also anticipated to increase considerably during the forecast period.
According to Sudheer Uniyal, Analyst at BIS Research, “the growing need for arms and ammunition for self-defense and subsistence hunting purpose is likely to boost the market during the forecast period”.
The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, financials, financial summary, and SWOT analysis. The overall market has been segmented as military weapons, revolvers and pistols, firearms and similar devices, spring/gas guns or pistols, parts and accessories for weapons, bombs and grenades, and small caliber ammunition.
Key questions answered in the report:
• How has the arms and ammunition market been evolving, and what is its scope in the future?
• What was the total revenue generated in the arms and ammunition market in Colombia in 2017, and what will be the estimate for the revenue in 2018 and forecast for the revenue by 2022?
• How will each category of arms and ammunition market grow during the forecast period, and what will be the revenue generated by each of the categories by the end of 2022?
• Which category of arms and ammunition will dominate the market in the coming years?
• How will the industry evolve during the forecast period between 2017 and 2022?
• Who are the key players for each category of arms and ammunition in Colombia?
• What will be the growth rate of different categories during the forecast period?
Colombia Arms and Ammunition Market in Anticipated to Reach $46.80 Million by 2022, BIS Research Reports