Based on the data for the consumption of cartridge cases and brass in the US, a steady increase is projected from 2024 to 2028. In 2023, consumption stood at approximately 104.50 Thousand Metric Tons. Year-on-year growth rates show a modest increase in the consumption value, with a significant cumulative average growth rate (CAGR) over the next five years of approximately 1.80%. This suggests a stable but slow-growing demand in the market.
Future trends to watch for include:
- Potential impacts of technological advancements in materials that may influence consumption patterns.
- Legislative changes regarding ammunition manufacturing and environmental regulations that could alter market dynamics.
- Shifts in global supply chains and economic conditions influencing material availability and pricing.