The global demand for Body Armor Market is presumed to reach the market size of nearly USD 5.72 Billion by 2032 from USD 2.62 Billion in 2023 with a CAGR of 9.06% under the study period 2024 - 2032.
Body armor is a wearable material used to protect the entire body. They are available in the form of helmets, vests, shoes, shield or even the specific plates. Body armor is generally referred to as bullet proof or bullet resistant vest that is used to provide protection from bullets, stabs and a variety of attacks. Body armors are worn mostly by military personals, police officers and sometimes by security guards in order to feel safe and protect themselves from attacks.
Market Dynamics
The increasing demand for ensuring soldiers safety coupled with the enhanced ballistic and stab resistance attributes of armor have stimulated the body armor market growth. Moreover, the increasing recruitment of soldiers due to the rise in terrorism is again pushing the demand of body armor product. However, heavyweight and inadequate supply of armors in across the globe hinders the market growth. Whereas, advancements in armor product such as dragon skin and liquid body are expected to boost the market demand over the forecast period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of body armor.
Market Segmentation
The broad body armor market has been sub-grouped into type, and purpose. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Protection Level
By End-user
By Product Type
By Product Style
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for body armor in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Body Armor Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the body armor market include Safariland, LLC, Point Blank Enterprises, Inc., Elmon SA, Ballistic Body Armor Pty, Pacific Safety Products Inc., EnGarde Body Armor, Hellweg International Pty Ltd., BAE Systems plc, Ceradyne Inc., Avon Protection plc, Sarkar Tactical Ltd., Craig International Ballistics Pty Ltd., Armored Republic LLC. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
1. PREFACE
1.1. Report Description
1.1.1 Objective
1.1.2 Target Audience
1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1 Market Research Process
1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3. BODY ARMOR – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Protection Level
3.7.2 Market Attractiveness Analysis By End-user
3.7.3 Market Attractiveness Analysis By Product Type
3.7.4 Market Attractiveness Analysis By Product Style
3.7.5 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1 List of Raw Materials
4.2.2 Raw Material Manufactures List
4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1 Direct Marketing
4.4.2 Indirect Marketing
4.4.3 Marketing Channel Development Trend
5. GLOBAL BODY ARMOR MARKET ANALYSIS BY PROTECTION LEVEL
5.1. Overview By Protection Level
5.2. Historical and Forecast Data
5.3. Analysis By Protection Level
5.4. Level II Historic and Forecast Sales By Regions
5.5. Level IIA Historic and Forecast Sales By Regions
5.6. Level III Historic and Forecast Sales By Regions
5.7. Level IIIA Historic and Forecast Sales By Regions
5.8. Level IV Historic and Forecast Sales By Regions
6. GLOBAL BODY ARMOR MARKET ANALYSIS BY END-USER
6.1. Overview By End-user
6.2. Historical and Forecast Data
6.3. Analysis By End-user
6.4. Defence Historic a...
