| Product Code: ETC5726621 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Lithuania continued to heavily rely on imports for armor materials, with top suppliers being Poland, Czechia, Finland, and Norway. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. Despite moderate growth with a Compound Annual Growth Rate (CAGR) of 3.04% from 2020 to 2024, the growth rate slightly slowed to 1.48% from 2023 to 2024. This highlights the stable yet competitive nature of the armor materials market in Lithuania, with a strong presence of key exporting countries driving the industry forward.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Armor Materials Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Armor Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Armor Materials Market - Industry Life Cycle |
3.4 Lithuania Armor Materials Market - Porter's Five Forces |
3.5 Lithuania Armor Materials Market Revenues & Volume Share, By Materials Type, 2021 & 2031F |
3.6 Lithuania Armor Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Lithuania Armor Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced armor materials in the defense sector |
4.2.2 Technological advancements leading to the development of lightweight and high-performance armor materials |
4.2.3 Rising investments in research and development for enhancing armor material capabilities |
4.3 Market Restraints |
4.3.1 High costs associated with the production and procurement of advanced armor materials |
4.3.2 Stringent regulations and compliance requirements in the defense industry |
5 Lithuania Armor Materials Market Trends |
6 Lithuania Armor Materials Market Segmentations |
6.1 Lithuania Armor Materials Market, By Materials Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Armor Materials Market Revenues & Volume, By Metals & Alloys, 2021-2031F |
6.1.3 Lithuania Armor Materials Market Revenues & Volume, By Ceramics, 2021-2031F |
6.1.4 Lithuania Armor Materials Market Revenues & Volume, By Composites, 2021-2031F |
6.1.5 Lithuania Armor Materials Market Revenues & Volume, By Para-Aramid Fibers, 2021-2031F |
6.1.6 Lithuania Armor Materials Market Revenues & Volume, By UHMWPE, 2021-2031F |
6.1.7 Lithuania Armor Materials Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2 Lithuania Armor Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Armor Materials Market Revenues & Volume, By Vehicle, 2021-2031F |
6.2.3 Lithuania Armor Materials Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Lithuania Armor Materials Market Revenues & Volume, By Body, 2021-2031F |
6.2.5 Lithuania Armor Materials Market Revenues & Volume, By Civil, 2021-2031F |
6.2.6 Lithuania Armor Materials Market Revenues & Volume, By Marine, 2021-2031F |
7 Lithuania Armor Materials Market Import-Export Trade Statistics |
7.1 Lithuania Armor Materials Market Export to Major Countries |
7.2 Lithuania Armor Materials Market Imports from Major Countries |
8 Lithuania Armor Materials Market Key Performance Indicators |
8.1 Number of research partnerships or collaborations for armor material innovation |
8.2 Percentage increase in government defense budgets allocated for armor materials research and procurement |
8.3 Adoption rate of new armor material technologies in defense applications |
9 Lithuania Armor Materials Market - Opportunity Assessment |
9.1 Lithuania Armor Materials Market Opportunity Assessment, By Materials Type, 2021 & 2031F |
9.2 Lithuania Armor Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Lithuania Armor Materials Market - Competitive Landscape |
10.1 Lithuania Armor Materials Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Armor Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |