According to Fortune Business Insights™, the global body armor market size was valued at USD 6.72 billion in 2024 and 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. The rising emphasis on soldier safety, modernization programs, and demand for advanced lightweight armor solutions are fueling market expansion.
Body armor serves as an essential line of defense for military personnel, law enforcement officers, and civilians, providing protection against ballistic threats such as bullets, shrapnel, and explosive fragments. Recent advancements in material science and ergonomic design have significantly improved both the protection level and mobility of armor systems.
Global demand is being driven by heightened security threats, increased terrorist activities, and government investments in modernizing military equipment. Lightweight, modular, and scalable designs are gaining traction, as they enable adaptability to diverse operational environments.
The market is highly competitive, with leading multinational defense corporations and specialized protection equipment manufacturers competing for contracts and market share. Companies are focusing on R&D investments, product innovation, and strategic partnerships to maintain their positions.
Key Players Profiled:
These companies leverage government contracts, advanced defense technology integration, and global distribution networks to strengthen market dominance.