Increasing terrorist activities and mass shooting incidence are leading to increased personal safety, which, in turn, is creating demand for handguns. Increasing procurement of small caliber ammo by civilians for personal safety and the growing number of shooting ranges would drive the growth of the market. A report from Fortune Business Insights said that: "Ammunition is mostly used in handguns, shotguns, and rifles with different calibers. Furthermore, it is cost-efficient and popular among frequent shooters. Reduced recoil enables faster target reacquisition that helps in creating more accurate and faster follow-up shots. The main advantage of the 9mm round's design is its reduced recoil that provides a tactical advantage. The adoption of a 9mm caliber is due to its versatile performance and the advancements in technology. Nowadays, the 9mm cartridge is gaining more popularity as compared to the other calibers. 223 and 5.56-rounds used in the AR-15 and other semiautomatic rifles are up by 900 percent. Lucky Gunner spokesperson said that the sales of 9mm ammunition increased by 500 percent. government on gun and ammunition purchases. Thus there is a surge in gun buying due to COVID-19, while frequent users thought that there would be strict rules from the U.S. First-time gun owners felt insecure due to COVID-19. 8, 2022 /PRNewswire/ - News Commentary - Firearms and ammo sales have increased drastically in the U.S.
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