FMI Predicts Body Armor Market to Reach US$ 3,231 Mn by 2029
The global body armor market size is expected to reach ~US$ 3,231 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.2% between 2019 and 2029. According to the report, rapid escalation on boarder line, ensuring soldier survivability, and cross-border terrorist insurgencies are the major factors that drive the requirement of body armor products in the market. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
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