I can see from your photo you have a manual transmission and ABS. I wish that combo had been offered in the US.Gave the bike the annual bath. Put on a muffler slider. View attachment 42040
Forgive me for analyzing the muffler slider concept, but I hadn't given one much thought before. The muffler protector is a good idea, but along with what Jt105 said, many damaged NC mufflers I’ve seen are dented at the forward portion of the muffler. Perhaps that‘s where the ring could go.
An example from our forum: