by The global body armor market size accounted for US$ 2.95 Bn in 2022 and is projected to reach around USD 5.2 Bn by 2032, growing at a CAGR of 5.84% from 2023 to 2032.
Key Takeaways:
- Asia-Pacific led the market and captured more than 44% revenue share in 2022.
- Europe is expected to grow at a CAGR of 6.94% from 2023 to 2032.
- By protection level, the level III segment generated for more than 26% of revenue share in 2022.
- By protection level, the level II segment is predicted to grow at a 7.4% CAGR from 2023 to 2032.
- By end-user, the defense segment dominated the market and generated a maximum revenue share of around 59% in 2022.
- By end-user, the law enforcement section is estimated to record a significant CAGR of 7.9% from 2023 to 2032.
- By type, the vest segment captured for more than 56% of revenue shares in 2022.
- By type, the helmet segment is projected to grow at a CAGR of 6.9% between 2023 and 2032.
- By style, the overt segment generated the highest revenue share of around 78% in 2022.
Report Summary
The global body armor market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the body armor market across the globe.
A comprehensive estimate on the body armor market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of body armor during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Body Armor Market Report Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 3.12 Billion |
| Market Size by 2032 | USD 5.2 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 5.84% |
| Largest Market | Asia-Pacific |
| Fastest Growing Market | Europe |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Protection Level, By End-User, By Type and By Style |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America and Middle East & Africa |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized body armor market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Industrial Batteries Market Size To Cross USD 390.5 Bn By 2032
Body Armor Market Players
The report includes the profiles of key body armor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- Elmon SA
- Ballistic Body Armor Pty
- Pacific Safety Products Inc.
- EnGarde Body Armor
- Safariland, LLC
- Point Blank Enterprises, Inc.
- Craig International Ballistics Pty Ltd.
- Hellweg International Pty Ltd.
- BAE Systems plc
- Ceradyne Inc.
- Avon Protection plc
- Sarkar Tactical Ltd.
- Armored Republic LLC
Market Segmentation
By Protection Level
- Level II
- Level IIA
- Level III
- Level IIIA
- Level IV
By End-User
- Defence
- Law Enforcement & Security Personnel
- Civilians
By Type
- Vest
- Helmets
- Others
By Style
- Covert
- Overt
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Body Armor Market
5.1. COVID-19 Landscape: Body Armor Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Body Armor Market, By Protection Level
8.1. Body Armor Market, by Protection Level, 2023-2032
8.1.1. Level II
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Level IIA
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Level III
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Level IIIA
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Level IV
8.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Body Armor Market, By End-User
9.1. Body Armor Market, by End-User, 2023-2032
9.1.1. Defence
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Law Enforcement & Security Personnel
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Civilians
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Body Armor Market, By Type
10.1. Body Armor Market, by Type, 2023-2032
10.1.1. Vest
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Helmets
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Others
10.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Body Armor Market, By Style
11.1. Body Armor Market, by Style, 2023-2032
11.1.1. Covert
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. Overt
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Body Armor Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.1.2. Market Revenue and Forecast, by End-User (2020-2032)
12.1.3. Market Revenue and Forecast, by Type (2020-2032)
12.1.4. Market Revenue and Forecast, by Style (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.1.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.1.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.1.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.1.6.2. Market Revenue and Forecast, by End-User (2020-2032)
12.1.6.3. Market Revenue and Forecast, by Type (2020-2032)
12.1.6.4. Market Revenue and Forecast, by Style (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.2.2. Market Revenue and Forecast, by End-User (2020-2032)
12.2.3. Market Revenue and Forecast, by Type (2020-2032)
12.2.4. Market Revenue and Forecast, by Style (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.2.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.2.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.2.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.2.6.2. Market Revenue and Forecast, by End-User (2020-2032)
12.2.6.3. Market Revenue and Forecast, by Type (2020-2032)
12.2.6.4. Market Revenue and Forecast, by Style (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.2.7.2. Market Revenue and Forecast, by End-User (2020-2032)
12.2.7.3. Market Revenue and Forecast, by Type (2020-2032)
12.2.7.4. Market Revenue and Forecast, by Style (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.2.8.2. Market Revenue and Forecast, by End-User (2020-2032)
12.2.8.3. Market Revenue and Forecast, by Type (2020-2032)
12.2.8.4. Market Revenue and Forecast, by Style (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.3.2. Market Revenue and Forecast, by End-User (2020-2032)
12.3.3. Market Revenue and Forecast, by Type (2020-2032)
12.3.4. Market Revenue and Forecast, by Style (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.3.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.3.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.3.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.3.6.2. Market Revenue and Forecast, by End-User (2020-2032)
12.3.6.3. Market Revenue and Forecast, by Type (2020-2032)
12.3.6.4. Market Revenue and Forecast, by Style (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.3.7.2. Market Revenue and Forecast, by End-User (2020-2032)
12.3.7.3. Market Revenue and Forecast, by Type (2020-2032)
12.3.7.4. Market Revenue and Forecast, by Style (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.3.8.2. Market Revenue and Forecast, by End-User (2020-2032)
12.3.8.3. Market Revenue and Forecast, by Type (2020-2032)
12.3.8.4. Market Revenue and Forecast, by Style (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.4.2. Market Revenue and Forecast, by End-User (2020-2032)
12.4.3. Market Revenue and Forecast, by Type (2020-2032)
12.4.4. Market Revenue and Forecast, by Style (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.4.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.4.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.4.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.4.6.2. Market Revenue and Forecast, by End-User (2020-2032)
12.4.6.3. Market Revenue and Forecast, by Type (2020-2032)
12.4.6.4. Market Revenue and Forecast, by Style (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.4.7.2. Market Revenue and Forecast, by End-User (2020-2032)
12.4.7.3. Market Revenue and Forecast, by Type (2020-2032)
12.4.7.4. Market Revenue and Forecast, by Style (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.4.8.2. Market Revenue and Forecast, by End-User (2020-2032)
12.4.8.3. Market Revenue and Forecast, by Type (2020-2032)
12.4.8.4. Market Revenue and Forecast, by Style (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.5.5.2. Market Revenue and Forecast, by End-User (2020-2032)
12.5.5.3. Market Revenue and Forecast, by Type (2020-2032)
12.5.5.4. Market Revenue and Forecast, by Style (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Protection Level (2020-2032)
12.5.6.2. Market Revenue and Forecast, by End-User (2020-2032)
12.5.6.3. Market Revenue and Forecast, by Type (2020-2032)
12.5.6.4. Market Revenue and Forecast, by Style (2020-2032)
Chapter 13. Company Profiles
13.1. Elmon SA
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Ballistic Body Armor Pty
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Pacific Safety Products Inc.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. EnGarde Body Armor
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Safariland, LLC
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Point Blank Enterprises, Inc.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Craig International Ballistics Pty Ltd.
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Hellweg International Pty Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. BAE Systems plc
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Ceradyne Inc.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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