Body Armor Plates Global Market Report 2024

Description

“Body Armor Plates Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on body armor plates market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for body armor plates? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The body armor plates market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Material: UHMWPE; Steel; Aramid; Composite Ceramic; Other Materials
2) By Level: Level II; Level IIA; Level III; Level IIIA; Level IV; Other Levels
3) By Application: Defense; Law Enforcement Protection; Civilians; Other Applications
Companies Mentioned: Armored Republic LLC; BAE Systems; Ceradyne Inc.; Craig International Ballistics Pty Ltd; Helweg International
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Body armor plates serve as crucial protective gear, featuring robust ceramic fronts or shaped steel sheets made from compressed polyethylene. These plates play a pivotal role in safeguarding law enforcement and prison personnel.

These plates primarily employ materials such as UHMWPE (ultra-high-molecular-weight polyethylene), steel, aramid, composite ceramic, and other composite materials. UHMWPE, a specific polyolefin fiber, offers comfort during prolonged patrols and facilitates swift movements at high speeds. Available in various levels such as II, IIa, III, IIIa, IV, and others, these plates find application in defense, law enforcement, civilian protection, and various other sectors. They provide varied levels of protection tailored to different needs within these sectors.

The body armor plates market research report is one of a series of new reports from The Business Research Company that provides body armor plates market statistics, including the body armor plates industry's global market size, regional shares, competitors with a body armor plates market share, detailed body armor plates market segments, market trends, and opportunities, and any further data you may need to thrive in the body armor plates industry. This body armor plates market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The body armor plates market size has grown strongly in recent years. It will grow from $1.98 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth observed during the historical period can be attributed to several factors, including military modernization initiatives, upgrades in law enforcement capabilities, increased concerns regarding threats, conflicts, and terrorism, as well as the expanding use of these technologies in industrial applications.

The body armor plates market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The projected growth in the forecast period can be linked to global security challenges, ongoing reforms in law enforcement, the escalation of urban warfare, increased adoption within the commercial sector, and continuous technological advancements.

The anticipated rise in terrorism is poised to fuel the growth of the body armor plates market in the coming years. Terrorism denotes violent actions that endanger lives, showing a blatant disregard for the harm caused. Body armor plates play a crucial role in mitigating bullets' impact during terrorist attacks, contributing to increased demand. As per the Center for Strategic and International Studies (CSIS) report of 2022, terrorist acts and conspiracies surged by 47% in 2020 and further by 53% in 2021 within the United States. Notably, 43% of attacks in 2021 targeted government bodies, armed forces, especially law enforcement, bolstering the demand for body armor plates.

The upsurge in crime rates is expected to drive the growth of the body armor plates market moving ahead. Increasing incidents of firearm-related crimes and violence have led to heightened adoption of body armor plates among civilians and law enforcement agencies, aiming to enhance personal safety. According to the Bureau of Justice Statistics (BJS) in September 2023, the rate of violent victimization escalated from 16.5 incidents per 1,000 individuals in 2021 to 23.5 per 1,000 in 2022. A significant portion, approximately 42%, of these violent victimizations were reported to law enforcement, thereby driving the demand for body armor plates.

Innovative product development emerges as a prominent trend within the body armor plates market. Key companies in this sector focus on creating new products to maintain their market positions. For instance, Koninklijke Ten Cate BV introduced the Cratus Wave in January 2023, featuring trauma reduction technology within a level 3 ballistic plate. This unique launch redistributes pressure waves, reducing back face deformation that can cause blunt physiological stress to wearers when projectiles hit, offering enhanced protection.

Prominent companies within the body armor plates market prioritize technological advancements, including thinner level 3 armor ballistic plates, to gain a competitive edge. TenCate Advanced Armor USA, Inc. announced the 'Cratus Wave' body armor plates in January 2023, integrating Trauma Reduction Technology to provide improved protection against rifle ammunition. This innovative technology relocates pressure waves between the hard plates and users, allowing thinner plates to be more effective while meeting Level III ballistic protection standards.

In January 2021, Sellmark Corporation, a prominent US-based producer of outdoor lifestyle products, successfully acquired BulletSafe for an undisclosed sum. This strategic move positions Sellmark's robust sales force to ensure widespread accessibility of BulletSafe's protective devices across police departments, security organizations, and individual consumers. BulletSafe, a US-based manufacturer, specializes in producing a range of protective gear including bulletproof vests, ballistic plates, bulletproof backpack panels, shields, gas masks, and other related products designed to enhance personal security and safety.

Major companies operating in the body armor plates market report are Armored Republic LLC, BAE Systems, Ceradyne Inc., Craig International Ballistics Pty Ltd., Helweg International, Kejo Limited Company, Pacific Safety Products, Safariland LLC, Point Blank Enterprises Inc., Ace Link Armor, Adept Armor, Canadian Armour Ltd., EnGarde body armor, Safevest LLC et al., Automotive Armor Manufacturing, Aegis Engineering Ltd., Ballistic Body Armour Pty., Lanxess AG, I G Petrochemicals Ltd., Sinteza SA, Srihari Chemicals, Nantong Haiers, Huangshi Taihua Industry, Novaphene, Huayin Jinqiancheng, Yash Rasayan & Chemicals, TenCate Advanced Armor, Tough Hook, Infidel Body Armor, Spartan Armor Systems, Chase Tactical, Tactical Scorpion Gear

North America was the largest region in the body global body armor plates market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the body armor plates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the body armor plates market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The body armor plates market consists of sales of materials such as body armor vests, soft armor plates, hard armor plates, concealed vests, full-body tactical armor, and related products. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11575

1. Executive Summary

2. Body Armor Plates Market Characteristics

3. Body Armor Plates Market Trends And Strategies

4. Body Armor Plates Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Body Armor Plates Market Size and Growth

5.1. Global Body Armor Plates Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Body Armor Plates Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Body Armor Plates Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Body Armor Plates Market Segmentation

6.1. Global Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
UHMWPE
Steel
Aramid
Composite Ceramic
Other Materials
6.2. Global Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Level II
Level IIA
Level III
Level IIIA
Level IV
Other Levels
6.3. Global Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Defense
Law Enforcement Protection
Civilians
Other Applications

7. Body Armor Plates Market Regional And Country Analysis

7.1. Global Body Armor Plates Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Body Armor Plates Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Body Armor Plates Market

8.1. Asia-Pacific Body Armor Plates Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Body Armor Plates Market

9.1. China Body Armor Plates Market Overview
9.2. China Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Body Armor Plates Market

10.1. India Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Body Armor Plates Market

11.1. Japan Body Armor Plates Market Overview
11.2. Japan Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Body Armor Plates Market

12.1. Australia Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Body Armor Plates Market

13.1. Indonesia Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Body Armor Plates Market

14.1. South Korea Body Armor Plates Market Overview
14.2. South Korea Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Body Armor Plates Market

15.1. Western Europe Body Armor Plates Market Overview
15.2. Western Europe Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Body Armor Plates Market

16.1. UK Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Body Armor Plates Market

17.1. Germany Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Body Armor Plates Market

18.1. France Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Body Armor Plates Market

19.1. Italy Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Body Armor Plates Market

20.1. Spain Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Body Armor Plates Market

21.1. Eastern Europe Body Armor Plates Market Overview
21.2. Eastern Europe Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Body Armor Plates Market

22.1. Russia Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Body Armor Plates Market

23.1. North America Body Armor Plates Market Overview
23.2. North America Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Body Armor Plates Market

24.1. USA Body Armor Plates Market Overview
24.2. USA Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Body Armor Plates Market

25.1. Canada Body Armor Plates Market Overview
25.2. Canada Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Body Armor Plates Market

26.1. South America Body Armor Plates Market Overview
26.2. South America Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Body Armor Plates Market

27.1. Brazil Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Body Armor Plates Market

28.1. Middle East Body Armor Plates Market Overview
28.2. Middle East Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Body Armor Plates Market

29.1. Africa Body Armor Plates Market Overview
29.2. Africa Body Armor Plates Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Body Armor Plates Market, Segmentation By Level, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Body Armor Plates Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Body Armor Plates Market Competitive Landscape And Company Profiles

30.1. Body Armor Plates Market Competitive Landscape
30.2. Body Armor Plates Market Company Profiles
- 30.2.1. Armored Republic LLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. BAE Systems
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Ceradyne Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Craig International Ballistics Pty Ltd
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Helweg International
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Body Armor Plates Market Competitive Benchmarking

32. Global Body Armor Plates Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Body Armor Plates Market

34. Body Armor Plates Market Future Outlook and Potential Analysis

34.1 Body Armor Plates Market In 2028 - Countries Offering Most New Opportunities
34.2 Body Armor Plates Market In 2028 - Segments Offering Most New Opportunities
34.3 Body Armor Plates Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer