Latin America Military Personal Protective Equipment Market Size & Outlook
Latin America military personal protective equipment market, 2016-2028 (US$M)
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Latin America military personal protective equipment market highlights
- The Latin America military personal protective equipment market generated a revenue of USD 746.8 million in 2019.
- The market is expected to grow at a CAGR of 7.6% from 2020 to 2028.
- In terms of segment, body armor was the largest revenue generating product in 2019.
- Respiratory Protection is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2020 to 2028.
Latin America data book summary
| Market revenue in 2019 | USD 746.8 million |
| Market revenue in 2028 | USD 1,446.6 million |
| Growth rate | 7.6% (CAGR from 2019 to 2028) |
| Largest segment | Body armor |
| Fastest growing segment | Respiratory Protection |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Body Armor, Tactical Vest, Eye Protection, Combat Helmet, Life Safety Jacket, Pelvic Protection, Respiratory Protection, Other |
| Key market players worldwide | 3M Co, Honeywell International Inc, BAE Systems PLC, DuPont de Nemours Inc, DSM, MSA Safety Inc, Gentex Corp, Ansell Ltd, Avon Protection PLC, Eagle Materials Inc, ArmorWorks Enterprises, ArmorSource, Revision Military, MKU, The Swedish Body Armour Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global military personal protective equipment market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,801.1 million by 2028.
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Military Personal Protective Equipment Market Scope
Military Personal Protective Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America military personal protective equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to military personal protective equipment market will help companies and investors design strategic landscapes.
Body armor was the largest segment with a revenue share of 20.93% in 2019. Horizon Databook has segmented the Latin America military personal protective equipment market based on body armor, tactical vest, eye protection, combat helmet, life safety jacket, pelvic protection, respiratory protection, other covering the revenue growth of each sub-segment from 2016 to 2028.
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Our clientele includes a mix of military personal protective equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America military personal protective equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America military personal protective equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America military personal protective equipment market size, by country, 2016-2028 (US$M)
Latin America Military Personal Protective Equipment Market Outlook Share, 2019 & 2028 (US$M)
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