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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Body Armour Market Outlook
The global body armour market attained a value of USD 2.89 billion in 2023. The market is expected to grow at a CAGR of 5.0% during the forecast period of 2024-2032.
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The factors contributing to the growth of the market are technological advancements and the introduction of innovative products such as modular tactical jackets.
Market Segmentation
Body armour is a protective layer used by the military staff to absorb or deflect slashing strikes and penetrating assaults. It is used in the defence sector, for law enforcement protection, and by civilians. The body armour market can be segmented based on:
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- Product
- Soft Armour
- Hard Armour
- Accessories
- Level
- Level I
- Level IIA
- Level II
- Level IIIA
- Level III
- Level IV
- Material
- Steel
- Ultra-High-Molecular-Weight Polyethylene (UHMWPE)
- Aramid
- Composite Ceramic
- Others
The EMR report looks into the regional markets of body armour like the North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The global body armour market is being driven by the increasing focus of defence agencies on ensuring soldier personal safety. The use of nanotechnology materials and fibres in the manufacturing of lightweight and flexible armours is further boosting the demand for body armour. The surge in military warfare in countries like South Korea, India, and Iraq is leading to the demand for ballistic protection equipment for the protection of army personnel. North America is leading the global market due to programmes initiated by government such as the Soldier Protection System-Torso and Extremity Protection (SPS-TEP) programmes aimed at providing full body armours to armed forces, and higher expenditure on the military sector in countries like the U.S. and Canada. The Asia Pacific is anticipated to be the leading market in the coming years due to the modernization of traditional systems and the increasing warfare and border disputes in countries like India, China, and South Korea, leading to high demand for personal protection for ground troops and growing investments by governments to acquire arms and personal protection equipment.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global body armour market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Kejo Limited Company
- BAE Systems plc.
- Armored Republic LLC
- Craig International Ballistics Pty Ltd.
- Pacific Safety Products Inc.
- Ballistic Body Armour (Pty) Ltd
- Others
The EMR report gives an in-depth insight into the body armour market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Level |
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| Breakup by Material |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global body armour market attained a value of nearly USD 2.89 billion.
The market is projected to grow at a CAGR of 5% between 2024 and 2032.
The major drivers of the industry, such as the rising technological advancements and the introduction of innovative products such as modular tactical jackets, are expected to aid the market growth.
The key market trends guiding the growth of the market include the modernisation of traditional systems and the increasing warfare and border disputes in countries.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific is anticipated to be the leading market.
Soft armour, hard armour, and accessories are the leading products in the market.
Level I, level IIA, level II, level IIIA, level III, and level IV are the major levels of the product in the market.
Steel, ultra-high-molecular-weight polyethylene (UHMWPE), aramid, and composite ceramic, among others, are the significant materials of the product in the industry.
Defence, law enforcement protection, and civilians, among others, are the major application segments of the product.
The major players in the industry are Kejo Limited Company, BAE Systems plc., Armored Republic LLC, Craig International Ballistics Pty Ltd., Pacific Safety Products Inc., Ballistic Body Armour (Pty) Ltd and Others.
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