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Global Body Armor Market Size study, by Level Outlook (Level I, Level IIA, Level II, Level IIIA, Level III, Level IV), by Material Type (Steel, UHMWPE, Aramid, Composite, Ceramic, Others), by Product Type (Soft Armor, Hard Armor, Accessories), by Application (Defense, Law Enforcement Protection, Civilians) and Regional Forecasts 2022-2028

  • BIZ4957059
  • 200 Pages
  • May 2022
  • Consumer Goods
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Global Body Armor Market is valued at approximately USD 2.3 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2022-2028. Body Armor is protective clothing meant to absorb or deflect physical strikes. Sales in the market are likely to be driven by a growing emphasis on personnel protective gear in the military and defense sectors. On the back of increased government investments in the military sectors around the world, demand for defense and security employees will grow. Furthermore, over the projection period, technical developments in ceramic plates and steel protective gear would continue to enhance sales in this segment. Rapid technical breakthroughs, as well as the widespread availability of lightweight Body Armor around the world, will propel the Body Armor industry forward. In addition, rising crime rates and mass shootings have increased the demand for Body Armor for law enforcement protection efforts. For instance, Pinnacle Armor sells Dragonskin which is made up of bulletproof ceramic sheets embedded in a flexible layer that mimics fish scales. Over the forecast period, such advancements are projected to generate growth prospects for participants in the Body Armor industry. To acquire a competitive advantage in the market, manufacturers. are also pursuing mergers, acquisitions, and collaborations. For instance- DuPont Deenside Ltd. purchased Tex Tech's Core Matrix Technology in February 2021. It's a monolithic fabric structure that decreases back damage while also improving ballistic performance for military and law enforcement personnel. However, issue such as reducing the weight of the Body Armor without sacrificing quality is a challenge that may impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Body Armor Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Due to the presence of one of the world's major defense and military industries, the United States is anticipated to maintain its dominance in the North American market. For example, in 2019, the United States Army ordered more than USD 40 million in Body Armor vests and accessories from KDH Defense Systems Inc. Globally the sales of Body Armor are likely to increase over the forecast period 2022-2028, owing to a growing emphasis on personnel protective gear in the military and defense sectors.

Major market players included in this report are:

Aegis Engineering Ltd.

AR500 Armor

BAE Systems

Ballistic Body Armor Pty

Craig International Ballistics Pty Ltd.

Ceradyne, Inc.

Hellweg International

Kejo Limited Company

Pacific Safety Products

Point Blank Enterprises, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Level Outlook:

Level I

Level IIA

Level II

Level IIIA

Level III

Level IV

By Material Type:

Steel

UHMWPE

Aramid

Composite Ceramic

Others

By Product Type:

Soft Armor

Hard Armor

Accessories

By Application:

Defense

Law Enforcement Protection

Civilians

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Body Armor Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Body Armor Market, by Region, 2020-2028 (USD Billion)

1.2.2. Body Armor Market, by Level Outlook, 2020-2028 (USD Billion)

1.2.3. Body Armor Market, by Material Type, 2020-2028 (USD Billion)

1.2.4. Body Armor Market, by Product Type, 2020-2028 (USD Billion)

1.2.5. Body Armor Market, by Application, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Body Armor Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Body Armor Market Dynamics

3.1. Body Armor Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Raising demand for concealable Armor from law enforcement officers

3.1.1.2. Increasing government investments to boost the defence sector

3.1.2. Market Challenges

3.1.2.1. Back pain and injuries caused by the heavyweight of Body Armor

3.1.3. Market Opportunities

3.1.3.1. Technological advancement to produce lightweight Body Armor

Chapter 4. Global Body Armor Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Body Armor Market, by Level Outlook

6.1. Market Snapshot

6.2. Global Body Armor Market by Level Outlook, Performance - Potential Analysis

6.3. Global Body Armor Market Estimates & Forecasts by Level Outlook, 2018-2028 (USD Billion)

6.4. Body Armor Market, Sub Segment Analysis

6.4.1. Level I

6.4.2. Level IIA

6.4.3. Level II

6.4.4. Level IIIA

6.4.5. Level III

6.4.6. Level IV

Chapter 7. Global Body Armor Market, by Material Type

7.1. Market Snapshot

7.2. Global Body Armor Market by Material Type, Performance – Potential Analysis

7.3. Global Body Armor Market Estimates & Forecasts by Material Type, 2018-2028 (USD Billion)

7.4. Body Armor Market, Sub Segment Analysis

7.4.1. Steel

7.4.2. UHMWPE

7.4.3. Aramid

7.4.4. Composite Ceramic

7.4.5. Others

Chapter 8. Global Body Armor Market, by Product Type

8.1. Market Snapshot

8.2. Global Body Armor Market by Product Type, Performance - Potential Analysis

8.3. Global Body Armor Market Estimates & Forecasts by Product Type, 2018-2028 (USD Billion)

8.4. Body Armor Market, Sub Segment Analysis

8.4.1. Soft Armor

8.4.2. Hard Armor

8.4.3. Accessories

Chapter 9. Global Body Armor Market, by Application

9.1. Market Snapshot

9.2. Global Body Armor Market by Application, Performance - Potential Analysis

9.3. Global Body Armor Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)

9.4. Body Armor Market, Sub Segment Analysis

9.4.1. Defense

9.4.2. Law Enforcement Protection

9.4.3. Civilians

Chapter 10. Global Body Armor Market, Regional Analysis

10.1. Body Armor Market, Regional Market Snapshot

10.2. North America Body Armor Market

10.2.1. U.S. Body Armor Market

10.2.1.1. Level Outlook breakdown estimates & forecasts, 2018-2028

10.2.1.2. Material Type breakdown estimates & forecasts, 2018-2028

10.2.1.3. Product Type breakdown estimates & forecasts, 2018-2028

10.2.1.4. Application breakdown estimates & forecasts, 2018-2028

10.2.2. Canada Body Armor Market

10.3. Europe Body Armor Market Snapshot

10.3.1. U.K. Body Armor Market

10.3.2. Germany Body Armor Market

10.3.3. France Body Armor Market

10.3.4. Spain Body Armor Market

10.3.5. Italy Body Armor Market

10.3.6. Rest of Europe Body Armor Market

10.4. Asia-Pacific Body Armor Market Snapshot

10.4.1. China Body Armor Market

10.4.2. India Body Armor Market

10.4.3. Japan Body Armor Market

10.4.4. Australia Body Armor Market

10.4.5. South Korea Body Armor Market

10.4.6. Rest of Asia Pacific Body Armor Market

10.5. Latin America Body Armor Market Snapshot

10.5.1. Brazil Body Armor Market

10.5.2. Mexico Body Armor Market

10.6. Rest of The World Body Armor Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies

11.2. Company Profiles

11.2.1. Aegis Engineering Ltd.

11.2.1.1. Key Information

11.2.1.2. Overview

11.2.1.3. Financial (Subject to Data Availability)

11.2.1.4. Product Summary

11.2.1.5. Recent Developments

11.2.2. AR500 Armor

11.2.3. BAE Systems

11.2.4. Ballistic Body Armor Pty

11.2.5. Craig International Ballistics Pty Ltd.

11.2.6. Ceradyne, Inc.

11.2.7. Hellweg International

11.2.8. Kejo Limited Company

11.2.9. Pacific Safety Products

11.2.10. Point Blank Enterprises, Inc.

Chapter 12. Research Process

12.1. Research Process

12.1.1. Data Mining

12.1.2. Analysis

12.1.3. Market Estimation

12.1.4. Validation

12.1.5. Publishing

12.2. Research Attributes

12.3. Research Assumption

List of Tables

TABLE 1. Global Body Armor market, report scope

TABLE 2. Global Body Armor market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Body Armor market estimates & forecasts by Level Outlook 2018-2028 (USD Billion)

TABLE 4. Global Body Armor market estimates & forecasts by Material Type 2018-2028 (USD Billion)

TABLE 5. Global Body Armor market estimates & forecasts by Product Type 2018-2028 (USD Billion)

TABLE 6. Global Body Armor market estimates & forecasts by Application 2018-2028 (USD Billion)

TABLE 7. Global Body Armor market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Body Armor market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Body Armor market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Body Armor market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Body Armor market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Body Armor market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Body Armor market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Body Armor market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global Body Armor market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. Global Body Armor market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 18. U.S. Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. U.S. Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. Canada Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 21. Canada Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. Canada Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. UK Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 24. UK Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. UK Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. Germany Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 27. Germany Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. Germany Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. RoE Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 30. RoE Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. RoE Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. China Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 33. China Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. China Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. India Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 36. India Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. India Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. Japan Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 39. Japan Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. Japan Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. RoAPAC Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 42. RoAPAC Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. RoAPAC Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. Brazil Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 45. Brazil Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Brazil Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Mexico Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 48. Mexico Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. Mexico Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. RoLA Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 51. RoLA Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. RoLA Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. Row Body Armor market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 54. Row Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. Row Body Armor market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Body Armor market

TABLE 57. List of primary sources, used in the study of global Body Armor market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
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