In 2023, the turnover for weapons and ammunition in Germany stood at 5.75 Billion Euros. Forecasted data indicates a consistent annual increase in turnover. Specifically, an increase of 6.8% from 2024 to 2025, and a further increase of 6.5% from 2025 to 2026. The upward trend continues with annual growth rates of approximately 5.9% for the subsequent years, resulting in a forecasted 7.82 Billion Euros by 2028. Over the 5-year span from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is roughly 6.5%.
Future trends to watch for:
- Government defense spending policies.
- Technological advancements in weaponry and ammunition.
- Regulatory changes at both national and EU levels.
- Geopolitical developments influencing defense needs.
