Body Armor Market is to Touch $3.1 Billion by 2030; advancements in ballistic protection technology and increasing defense budgets propels market growth.

The Body Armor Market size is estimated to reach $3.1 billion by 2030, growing at a CAGR of 6.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Body Armor Market – By Armor Type (Soft Armor, Hard Armor, Accessories), By Style (Covert, Overt), By Level (Level I, Level II, Level IIA, Level III, Level IV, SP1, SP2, KR1, KR2), By Application (Ballistic Protection, Edged Blade Protection, Stab and Spike Protection, Multi Threat Armor, Riot Gear and Riot Armor), By Usage (Training Armor, Operational Armor, Close Combat Armor), By End User (Military/Defense, Law Enforcement, Private Security, Correction Officers, Civilians, Medical and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Rising safety concerns and growing geopolitical tensions are fueling the growth of the Body Armor industry during the forecast period.

APAC Dominated the Market in 2023:

In 2023, the Asia-Pacific region held a substantial 34.5% share of the global Body Armor market. According to data from the Stockholm International Peace Research Institute (SIPRI), seven APAC countries were involved in active conflicts in 2019, with Afghanistan facing internationalized civil war. These conflicts have positively impacted the region's Body Armor market growth. High-intensity skirmishes, such as the India-Pakistan conflict over Kashmir in 2019, further heightened security concerns and drove demand for body armor. The United States, as a global military leader, also plays a significant role, with its 2019 defense investments reaching $731.7 billion, constituting 90% of North American defense spending. The U.S. is also the largest exporter of military equipment, holding 36% of the global share, contributing to the global growth of the Body Armor market. 

The Body Armor market is poised for substantial growth due to heightened safety concerns among armed forces and law enforcement agencies globally, particularly in the U.S. Leading economies like the U.S., China, India, and Japan have significantly invested in protective gear for their military and law enforcement. These countries actively promote the dedication of their armed forces, further emphasizing the need for robust safety measures. For instance, the U.S. Government, through the National Institute of Justice (NIJ), provides certified body armor for various levels of protection, including Level I and Level IIA. The NIJ is currently revising its certification process, introducing new ballistic protection testing methods, which could lead to a modernization of outdated armor used by law enforcement. This revision is expected to propel the demand for hard body armor during the forecast period.

The rising global number of armed personnel, particularly in leading economies, is fueling the demand for body armor. In recent years, increased procurement has been observed as governments respond to escalating conflicts and expanded military deployments in war-prone regions. As tensions intensify and deployment continues to grow, the demand for protective gear is surging. This increasing number of armed forces personnel, coupled with heightened government efforts to ensure their safety, is expected to significantly drive the growth of the body armor market in the coming years, reinforcing the need for advanced protective equipment to meet evolving security challenges across the globe. 

Key companies profiled in the Body Armor Market are Armored Republic, LLC, Safariland, LLC, DuPont, Point Blank Solutions, Inc., KDH Defense Systems/Armor Express, Avon Protection PLC, BAE Systems, TYR Tactical, Pacific Safety Products, EnGarde Body Armor and others.