By product type, the market is segmented into soft and hard armor, clothing, helmets, and accessories. The body armor market is segmented by product type, end-user, and geography. The proliferation of body armor has increased in modern times as it is increasingly adopted by security guards, police, and other individuals to minimize traumatic injuries and protect themselves from unforeseen deadly threats. This is challenging the growth of the market currently.īody armor is traditionally defined as a layer of protective clothing to absorb or deflect melee or projectile attacks and ensure the wearer's safety. However, the stringent conformation standards set by standards regulatory bodies in various countries require players to invest more, increasing their cost of research and development (R&D). Such incidents have led to new procurement initiatives by different agencies across the world, increasing the demand for body armor. For instance, a security guard may not require the thick armor soldiers use against high-caliber fire. However, the level of protection offered by the body armor differs based on the threat assessment of the end-users. The rising geopolitical conflict and the increase in acts of violence and terrorism have necessitated the adoption of body armor by both military and law enforcement agencies to ensure their personnel's safety in various situations. Due to the temporary shutdown of manufacturing plants in various weapon and tactical gear exporting countries, the market witnessed a marginal decline during 20. The pandemic has severely affected global manufacturing operations. ![]() The impact of the COVID-19 pandemic and the containment measures was felt on both the supply and the demand sides of the market in the last two years, leading to severe downturns in the world's economic output. The Body Armor Market size is expected to grow from USD 2.82 billion in 2023 to USD 3.75 billion by 2028, at a CAGR of 5.88% during the forecast period (2023-2028).
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