According to Fortune Business Insights™, the global body armor market size was valued at USD 6.72 billion in 2024. The market is projected to grow from USD 7.60 billion in 2025 to USD 14.42 billion by 2032, exhibiting a CAGR of 9.6% during the forecast period.
Body armor is essential protective clothing used by military personnel, law enforcement, and civilians to defend against ballistic threats such as bullets, shrapnel, and explosive projectiles. In recent years, body armor has undergone significant advancements in material science and design, aiming to enhance both protection and mobility during combat and reconnaissance missions. The market has seen rising demand due to increasing global security threats, terrorist activities, and modernization efforts by military forces.
The global body armor market is highly competitive, with both multinational defense firms and specialized protection equipment companies striving for dominance. Key companies focus on product innovation, R&D, and strategic partnerships to maintain leadership.
These companies leverage government contracts, defense technology integration, and global distribution networks to maintain competitive advantage.