Bulletproof: Rebounding defense spending will bolster revenue

IBISWorld’s Body Armor Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Body Armor Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.


Industry Threats & Opportunities

  • The industry will experience continued difficulty amid reduced defense expenditure
  • As domestic demand for industry products declined, operators increasingly looked to exports
  • Spending on body armor is projected to climb over the next five years, as older armor must be replaced and US combat involvement in Iraq and Syria increases

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    Industry Analysis & Industry Trends

    The Body Armor Manufacturing industry took a major hit over the past five years. Industry revenue has fallen rapidly after reaching unprecedented levels in 2007 as manufacturing contracts tapered off. However, the federal government has consistently subsidized and even supplied domestic police agencies with industry products. Body armor manufacturers are forecast to fare better over the next five years. While military spending on body armor will not recover to the heights of full US combat operations in the Middle East, it is expected to at least regain ground...

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    Industry Report - Industry Investment Chapter

    The Body Armor Manufacturing industry operates with a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, the industry will allocate $0.05 to capital investment, which is about the same level the industry allocated in 2012. Capital intensity varies substantially depending on the size and the scope of the manufacturer.

    The decline in demand for industry products over the past five years has forced operators to slow down production and in some cases restructure. As a result, capital investment has declined. Conversely, reduced demand and restructuring has also led to layoffs, offsetting reduced capital intensity. The industry uses a combination of lower wage production workers and higher paid engineers and managers. In ..

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    Additional Insights for the Body Armor Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Body Armor Manufacturing Industry are

  • Having contacts within key markets
  • Effective quality control
  • Access to high quality inputs
  • IBISWorld analysts also discuss how external factors such as Federal funding for defense and Federal funding for homeland security in the Body Armor Manufacturing industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Body Armor Manufacturing Industry?

    This industry manufactures a variety of body armor (personal armor) for use in law enforcement and military operations. Products include tactical body armor, concealable armor, plates, shields, helmets and padding.

    Industry Products
    Soft body armor
    Hard body armor
    Other products
    Protective headgear
    Industry Activities
    Manufacturing soft body armor
    Manufacturing hard body armor
    Manufacturing shields and protective equipment
    Manufacturing armored headwear

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Federal funding for defense
  • Federal funding for homeland security
  • Local and state government investment
  • Trade-weighted index

  • Current Performance
  • The military front
  • The domestic and trade front
  • Industry structure and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand stabilizes
  • The industry remains under pressure
  • Table: Body Armor Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Body Armor Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Sporting Goods Stores
  • Security Services
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Chemical Product Manufacturing
  • Clay Brick & Product Manufacturing
  • Guns & Ammunition Manufacturing
  • Laminated Plastics Manufacturing
  • Plastic & Resin Manufacturing
  • Steel Rolling & Drawing

  • Products & Services
  • Soft body armor
  • Hard body armor
  • Protective headgear
  • Other products
  • Chart: Body Armor Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Military demand
  • Civilian demand
  • Export demand
  • Consumer demand

  • Major Markets
  • Law enforcement agencies and consumers
  • US military
  • Exports
  • Chart: Major Market Segmentation for the Body Armor Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Body Armor Manufacturing

  • Basis of Competition
    External competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Body Armor Manufacturing Industry

  • Industry Globalization
    Major Companies
    Point Blank Enterprises Inc.Ceradyne Inc.Safariland LLC
  • Table: Point Blank Enterprises Inc. - financial performance
  • Table: Ceradyne Inc. - financial performance
  • Table: Safariland LLC - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Body Armor Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Body Armor Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Federal funding for defense (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Improved Modular Tactical Vest
  • An enhanced version of a ballistic vest designed for Marines of smaller stature.
  • Improvised Explosive Device (Ied)
  • A homemade and improvised bomb. Body armor has evolved to protect against these potentially deadly and improvised weapons in high-risk regions.
  • Liquid Armor
  • A Kevlar vest with a pressure-changing fluid either soaked into or inserted between the vest's layers of polymer, which is being designed to provide a lightweight alternative to existing body armor.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Body Armor Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Body Armor Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Body Armor Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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