Body Armor and Personal Protection Market Size, Share, Growth, and Industry Analysis, By Type (Soft Armor, Hard Armor, Headgear, Others), By Application (Defense, Cilivians, Homeland, Security, Others), Regional Forecast By 2031

Updated On: 15 April 2024

Body Armor and Personal Protection Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global body armor and personal protection market size were USD 2315.59 million in 2021, as per our research, the market is expected to reach USD 3440.63 million in 2031, exhibiting a CAGR of 4.04% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with Body Armor and Personal Protection Market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

One of the most popular pieces of protective gear worn by police officers is body armor. A few hundred attacks on police officers occur annually. Numerous lives are saved by body armor. Additionally protecting police officers in cases of auto accidents and other attacks body armor.

Most of the body armor and helmets used by police enforcement are built to counter threats from handguns. Purchasing helmets for police is not as prevalent as purchasing body armor, yet both requirements must be met. Law enforcement only buys a small amount of body armor with breastplates to protect against rifle shots.

COVID-19 Impact: Pandemic increased the Market Demand

In order to stop the COVID-19 pandemic, governments around the world were obliged to impose stringent lockdowns and mandate social seclusion. Only a portion of the whole workforce was allowed to work, and factories were shut down. As a result, there was a severe disruption in both the supply and the demand for industrial-grade sophisticated protective gear. One of the sectors most badly impacted by the epidemic was the private and commercial security sector, which first saw a drop in investments. However, protests and clashes with the government were reported throughout the world during the coronavirus pandemic, and law enforcement organizations used protective armor and equipment to contain the events.

Latest Trends

"Increase in demand for cutting-edge protective gear to Fuel Market Growth"

The increased demand for cutting-edge protective gear that is equipped with sensors and other assisting technologies to help detect any critical stress indications and other useful data to diagnose the safety condition of workers is anticipated to be supported by the integration of wearable technology in protective gear and armors. In order to capitalize on the most untapped potential and seize opportunities to increase their competitiveness in the global market for sophisticated protective gear and armor, top companies in the industry have introduced their products into developing countries.

Body Armor and Personal Protection Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

According to type, the market can be segmented into, Soft Armor, Hard Armor, Headgear, Others

• By Application Analysis

Based on application, the market can be divided into, Defense, Civilians, Homeland Security, Others

Driving Factors

"Increasing terrorism and demand for protective gears to stimulate market demand"

"Terrorism encompasses a wide variety of complicated dangers, such as radicalized lone wolves, foreign extremist fighters, planned acts of terrorism in combat zones, and assaults utilizing biological, radiological, nuclear, chemical, and explosive materials." The Institute for Economics & Peace claims that terrorism has increased, particularly in sub-Saharan countries.

Despite the fact that terrorism's effects have generally decreased around the globe, it is still a serious issue in many countries. In 2019, terrorist incidents claimed the lives of at least one person in 63 nations, and about 100 people in 17 other countries. Products made of advanced protective gear and armour are extremely beneficial in combating terrorist activities since they shield users from various terrorist attacks, including those involving chemical and biological weapons, bullets, and other projectiles. As a result, it is predicted that the global body armor and personal protection market for advanced protective gear and armour would rise over the course of the forecast period due to rising terrorism threats and combat scenarios in areas of the world that are at war. These factors anticipated the body armor and personal protection market growth.

"Technical advancements increase the market demand"

Technological advancements in materials and manufacturing processes have led to the development of lighter, stronger, and more comfortable body armor and personal protection equipment. This has increased the adoption of such products by end-users.

Restraining Factors

"Fluctuating raw material quality to restrict market growth"

Some businesses or manufacturing names produce subpar goods. They produce it cheaply by using duplicate raw materials. Consumers become skeptical of subpar items, which is bad for the company. This sector, which is primarily B2B, is very important for supply chains and trust building. Body armor and personal protection equipment can be expensive, which may limit demand from individuals or organizations with limited budgets. While advances in materials science and manufacturing techniques have improved the effectiveness and comfort of body armor and personal protection equipment, there may be technical limitations that prevent further innovation or limit the effectiveness of these products.

Body Armor and Personal Protection Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"Growing Demand in Asia Pacific Anticipated to Boost Market Expansion"

The Asia-Pacific market for body armor and personal protection equipment is expected to grow due to increasing demand from defense and law enforcement agencies in countries such as China, India, and Japan. The region is also seeing growth in the private security sector.

Due to higher military spending in the region, Asia Pacific accounted for a huge body armor and personal protection market share of worldwide sales in 2021. Several notable nations with sizable armies, including China, Japan, and India, are credited for spending a lot of money on military hardware. The demand for body armor and personal protection market size is anticipated to increase due to an increase in border conflicts, war, and insurgency in the area.

Key Industry Players

"Adoption of Innovative Strategies by Key Players Influencing Market Development"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Anjani Technoplast
• Ningbo Dacheng
• AR500 Armour
• Ballistic Body Armour
• BAE Systems
• Ceradyne
• PBE
• Zebra Sun
• PSP
• KDH Defense
• Huaan Securit
• ADA
• VestGuard
• Sarkar Defense
• Survitec Group
• TenCate
• Safariland
• Jihua Group
• Wolverine
• U.S. Armor
• DFNS Group

Report Coverage

This report examines an understanding of the body armor and personal protection market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.