6.9% CAGR, Body Armor Market Size is Projected to Exceed USD 5.9 Billion by 2031

Global Body Armor Market size was USD 3.1 Billion in 2022. Covid-19 impacts have been unprecedented and staggering on a global scale. With the pandemic leading to positive demand shocks for the Self-Storage Market across all domains and region between 2023 and 2031.

The Market is projected to grow at a CAGR of 6.9% from USD 3.3 Billion in 2023 to USD 5.9 Billion in 2031. The Sudden rise in CAGR is attributed to this Market growth returning to the pre-pandemic level once the pandemic is over.

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Market Key Segmentation Analysis:
Armor Type
· Soft Armor
· Hard Armor
· Accessories

Material Type
· Aramid
· Polyethylene
· Ceramic
· Steel
· Composite Ceramic

Protection Level
· Ballistic
· Stab
· Slash Protection

End user
· Military
· Law Enforcement Agencies
· Private Security Firms
· Civilians

The report covers North America, Europe, APCA, Latin America, Middle East, Africa. Country level data is provided in the report.
Top Companies included in the Body Armor Market Report:
• Honeywell International Inc.
• DuPont de Nemours, Inc.
• MKU Limited
• Craig International Ballistics Pty Ltd.
• Pacific Safety Products Inc.
• EnGarde Body Armor B.V.
• AR500 Armor
• Survitec Group Limited
• Revision Military, Inc.
• ArmorSource LLC
• S. Armor Corporation
• Protection Group Danmark A/S
• Craig International Ballistics Pty Ltd.
• Ballistic Body Armor Pty Ltd.
• Safeguard Armor LLC

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𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐬𝐜𝐫𝐮𝐭𝐢𝐧𝐢𝐳𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐚𝐫𝐞:

What are some of the recent brand building activities of key players undertaken to create customer value in the Body Armor And Data Capture market?

Which companies are expanding litany of products with the aim to diversify product portfolio?

Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the Body Armor And Data Capture market?

Which companies have expanded their horizons by engaging in long-term societal considerations?

Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?

What are the marketing programs for some of the recent product launches?

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