The body armor and personal protection equipment demand is on a rise due to increasing spending from the defense sector aimed at soldier modernization, addressing growing global unrest, and enhancing combat capabilities.
The body armor and personal protection market report provides an executive-level overview of the current global body armor and personal protection market, with detailed forecasts of key indicators up to 2033.
The body armor and personal protection market size revenue was valued at $6.2 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% over the forecast period. The demand for body armor and personal protection equipment is driven by increasing spending from the defense sector targeting soldier modernization, enhancing combat capabilities, and addressing the growing global unrest.
Scope
The market intelligence report provides an in-depth analysis of the following -
- This report provides overview and service addressable market for global body armor and personal protection market
- It identifies the key drivers and challenges impacting growth of the body armor and personal protection market over the next 12 to 24 months.
- It includes global market forecasts for the body armor and personal protection market and analysis of latest M&A deals, venture financing/private equity analysis, patent activity analysis, social media analytics, and a job analytics, Industry value chain and Porter's five forces analysis.
- It covers detailed segmentation by type and region
Reasons to Buy
- This market intelligence report offers a thorough, forward-looking analysis of the global body armor and personal protection market by type, regional segments, and key opportunities in a concise format to help executives build proactive and profitable growth strategies.
- Accompanying GlobalData's Forecast products, the report examines the drivers, challenges, trend analysis, technology development in the body armor and personal protection market.
- Detailed segmentation by type - protective clothing, hard armor, boots, protective headgear, and soft armor. Further, the report also highlights segmentation by region.
- The report includes 100+ charts and tables providing in-depth analysis of the market size, forecast, and supporting factors which are tailor-made for an executive-level audience, with enhanced presentation quality.
- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in body armor and personal protection markets.
- The competitive section of the report helps in identifying the flagbearers, experimenters, contenders, and specialists based on their growth and innovation performance in the body armor and personal protection industry which will help stakeholders analyze competition penetration.
- The broad perspective of the report, coupled with comprehensive, actionable detail, will help body armor and personal protection vendors and other companies succeed in the growing body armor and personal protection market globally.