According to the latest report by IMARC Group, titled “Body Armor Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027”, the global body armor market is expected to grow at a CAGR of by 5.29% in 2022-2027.
Reference year: 2020
Forecast year: 2022-2027
Body Armor Industry Definition and Application:
Bulletproof vests, also known as body armor, are safety equipment worn by soldiers to protect themselves on the battlefield. It includes hard and soft plates that protect the body against fragmentation and piercing ammunition. It is made from different materials, such as steel, ceramic, aramid, ultra-high molecular weight polyethylene (UHMWPE) and duritium due to their hardness, elasticity, low density and dielectric constant, strength with high compression and excellent vibration damping. It offers high resistance to chemicals, water, ultraviolet (UV) rays and flex fatigue. It is widely used to protect soldiers from bullets and to help absorb the impact of firearms. Today body armor finds wide application in military, police and security services around the world to provide protection against handguns and edged weapons.
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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.
Body Armor Market Trends and Drivers:
One of the major factors driving the market is the latest technology used in the manufacturing of security equipment and the growing availability of light armor across the globe. For example, the technological evolution of UHMWPE fibers and the focus on relevant energy absorption mechanisms in fabrics, polymer laminates and ceramics are improving the toughness and multi-strike performance of body armor. Military forces of various countries incorporate modern protective equipment to build trust between soldiers. This, coupled with the growing emphasis on lightweight, thin and flexible body armor for the armed forces, is driving key players to introduce more advanced product variants in the market. Apart from this, increasing incidents of bank robbery and criminal attacks are catalyzing the demand for highly protective bulletproof vests to protect security guards and officials from possible dangers, such as knives, animals, exposure to harmful chemicals and accidents. With this in mind, the introduction of special chitin coatings in bulletproof vests to make them resistant to bullets, toxic gases, microbes and lasers creates positive market prospects. Additionally, bulletproof vests that prevent strong odor issues, which can lead to muscle pan problems and impair mobility and task performance, are gaining popularity around the world. Rising demand for double sided combat suits and modular tactical vests is driving the market growth. Additionally, major market players are focusing on launching product variants made from fully sustainable and recyclable materials, which is positively influencing the market. Additionally, increasing terrorism and anti-national activities increase the need for protective equipment. Governments of various countries are increasing their defense budgets and encouraging homemade lightweight body armor which is expected to propel the growth of the market.
2022-2027 Global Body Armor Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
Armored Republic LLC., BAE Systems Plc, Ballistic Body Armor Pty, Craig International Ballistics Pty. Ltd., Hellweg International PTY Ltd., Honeywell International Inc., Kejo Limited Company, Pacific Safety Products Inc., Point Blank Enterprises Inc., Safariland LLC. . (Maui Acquisition Corp.), The 3M Company and US Armor Corporation.
The report has segmented the market based on region, product type, type, level, material and application.
Breakdown by product type:
Plates and inserts
Plates and inserts
Breakdown by type:
Breakdown by level:
Breakdown by material:
Ultra High Molecular Weight Polyethylene (UHMWPE)
Breakdown by application:
Breakdown by region:
North America: (United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
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