Market Research Report
Paraguay Arms and Ammunition Market: Focus on Weapons, Firearms, Ammunition and Accessories - Analysis and Forecast, 2018-2022
|Published by||BIS Research Inc.||Product code||719403|
|Published||Content info||31 Pages
Delivery time: 1-2 business days
|Paraguay Arms and Ammunition Market: Focus on Weapons, Firearms, Ammunition and Accessories - Analysis and Forecast, 2018-2022|
|Published: October 6, 2018||Content info: 31 Pages||
"Paraguay Arms and Ammunition Market is Anticipated to Reach $19 Million by 2022, BIS Research Report."
The arms and ammunition market in Paraguay has exhibited a stable growth in the recent past. The rising demand for arms and ammunition from the tourism industry is expected to drive the growth of the market during the forecast period. The competitive landscape includes market players supplying arms and ammunition to Paraguay from all over the world. Factors such as cost, innovation and development, and ease of accessibility have been significant for gaining growth in the arms and ammunition market in Paraguay.
Arms and ammunition are used by different end users, such as military, law enforcement, and civilians, based on their requirements. A steep rise in demand for arms and ammunition in the civilian market is expected during the forecast period, as Paraguay is gaining popularity among tourists as a pocket-friendly tourist destination.
The market landscape includes players from different geographies having global distribution networks along with domestic manufacturers. Factors such as cost, innovation and development, and ease of accessibility have been significant for the market growth of the arms and ammunition industry in Paraguay.
The arms and ammunition market in Paraguay is anticipated to generate a revenue of $19 million by 2022. The demand is majorly attributed to come from the tourism industry for hunting and shooting sports applications. Additionally, it is expected that government and law enforcement agencies will invest more on buying arms and ammunition to control situations related to border security and illegal trade.