FMI Updates Body Armor Market Forecast and Analysis as Corona Virus Outbreak Disturbs Investment Plans

13/ott/2020 18:32:18 Ankush Nikam Contatta l'autore

Future Market Insights (FMI) presents its new, comprehensive study on the Global Body Armor Market spanning from 2020 to 2029. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints. Backed by historical data, coupled with the forecasted data, the report breaks down the vast study including numerous geographies, products, and end-use segments, among others, in terms of value and volume CAGR (Compound Annual Growth Rate).


Analysts at FMI have employed in-depth analysis to offer a lucid understanding of the market and the factors shaping its growth trajectory. Ranging from macro socio-economic factors to micro geography-specific trends, the research has taken into consideration every facet that is likely to play a vital role in the growth of the market in the years to come. Presenting a plethora of valuable information, the report will serve as an effective tool, guiding the market players in making fruitful decisions in the forthcoming years.


To ease the understanding of the reader, the report uses CAGR to represent the growth of the market and individual segments. According to the study, the global Body Armor market is forecasted to grow at a CAGR of ~5.2% during the assessment period.


Sample of Research Report @


Impact of COVID-19 on Body Armor Market


In the wake of COVID-19, there has been a significant change in consumer behaviour. This is expected to reflect in the growth of the Body Armor market with essential commodities being highly sought out and demand for non-essential commodities witnessing a steep decline. Considering its nature, the growth of the Body Armor market will be impacted by the prevailing socio economic situation worldwide. Likewise, players are facing challenges to keep the production and operations on the supply side intact due to social distancing measures and restrictions on movements.


FMI’s report includes a dedicated section expounding both the short-term and long-term impact of the pandemic on the Body Armor market. The study is shaped to bolster stakeholders in making the right decisions to mitigate challenges and leverage opportunities through the pandemic.


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Body Armor Market: Segmentation

To simply the gargantuan study, the report is segregated on the basis of different segments.

By Product Type




By Material Type:

  • Steel
  • Aramid
  • Composite Ceramic
  • Others

By Region:


       North America

       Latin America


       East Asia

       South Asia


       Middle East and Africa (MEA)


The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.


Body Armor Market: Competition Analysis


The study bestows valuable insights into the competitive landscape of the global Body Armor market, by studying numerous players, their growth strategies, and key developments. The report dwells deep and scrutinizes several facets such as product launches, production methodologies, and steps adopted by players to cut costs, among others. Understanding the prevailing trends and strategies on the supply-side empowers players to foster their plan of action accordingly to progress on a remunerative path. Key players covered in the research include


       BAE Systems

       Aegis Engineering Ltd

       Craig International Ballistics Pty Ltd

       Ceradyne, Inc.

       Hellweg International


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Key Questions Answered in FMI’s Body Armor Market Report


  1. Which region is anticipated to hold a prominent market share over the forecast period?
  2. What will be the key driving factor propelling the demand for Body Armor during the forecast period?
  3. How current socio-economic trends will impact the Body Armor market?
  4. What are the growth strategies implemented by prominent players in the Body Armor market to maintain their foothold in the competitive landscape?



Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.


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United Arab Emirates


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