Bulletproof Vest Market Report by Product (Flexible Ballistic, Hard Armor Plate), Material (Kevlar, Ultra-High Molecular Weight Polyethylene (UHMWPE), Graphene), Type (Level IIA, Level II, Level IIIA, Level III, Level IV), End User (Military, Law Enforcement, Civilian), and Region 2024-2032

Bulletproof Vest Market Report by Product (Flexible Ballistic, Hard Armor Plate), Material (Kevlar, Ultra-High Molecular Weight Polyethylene (UHMWPE), Graphene), Type (Level IIA, Level II, Level IIIA, Level III, Level IV), End User (Military, Law Enforcement, Civilian), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6201
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Market Overview:

The global bulletproof vest market size reached US$ 1.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.46% during 2024-2032.

Report Attribute
 Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 1.7 Billion
Market Forecast in 2032 US$ 2.8 Billion
Market Growth Rate (2024-2032) 5.46%


A bulletproof vest refers to a protective covering worn to shield the body against bullets and shrapnel. It protects soldiers from bomb explosions by absorbing the force and preventing the attack from penetrating the body. Based on type, bulletproof vest is categorized into soft and hard bulletproof vests. Soft bulletproof vests protect against small-caliber rounds from handguns, whereas hard bulletproof vests are widely utilized in military combat, counterterrorism, counterinsurgency, hostage rescue missions, etc.

Bulletproof Vest Market Report

Bulletproof Vest Market Trends:

The elevating geopolitical tension and the growing threat of terrorist attacks are creating an increasing need for civilian and military protection, which is primarily driving the global bulletproof vest market. Furthermore, the escalating demand for military modernization to enhance national security along with the rising focus on minimizing casualties during combat situations, is also propelling the market growth. Several government bodies and defense organizations are rapidly adopting next-generation weaponry systems, such as novel bulletproof vests, to support and improve the survivability of military troops. For instance, in 2020, the Chinese People's Liberation Army (PLA) announced its plan to procure around 1.4 million units of high-quality body armor over the next two years. Additionally, the growing penetration of bulletproof vests for numerous commercial security applications, such as retail security, healthcare security, and transportation security, is also bolstering the global market. Moreover, the escalating consumer awareness regarding environmental degradation is bolstering the adoption of bulletproof vests made out of plant-based materials and sustainable alternatives. This, in turn, is further creating a positive outlook for the market. Apart from this, the introduction of lightweight vests with increased mobility produced through the integration of advanced technologies, such as 3D printing and the use of composite materials, is anticipated to bolster the global bulletproof vest market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global bulletproof vest market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, material, type and end user.

Breakup by Product:

Bulletproof Vest Market Report

  • Flexible Ballistic
  • Hard Armor Plate
     

Breakup by Material:

  • Kevlar
  • Ultra-High Molecular Weight Polyethylene (UHMWPE)
  • Graphene
     

Breakup by Type:

  • Level IIA
  • Level II
  • Level IIIA
  • Level III
  • Level IV
     

Breakup by End User:

  • Military
  • Law Enforcement
  • Civilian
     

Breakup by Region:

Bulletproof Vest Market Report

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Armourshield Ltd., Bulletsafe Bulletproof Vests, DuPont de Nemours Inc., Elmon S.A., EnGarde body armor, Honeywell International Inc., MARS Armor, MKU Limited, Point Blank Enterprises Inc., Seyntex N.V., U.S. Armor Corporation and VestGuard UK Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Material, Type, End User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Armourshield Ltd., Bulletsafe Bulletproof Vests, DuPont de Nemours Inc., Elmon S.A., EnGarde body armor, Honeywell International Inc., MARS Armor, MKU Limited, Point Blank Enterprises Inc., Seyntex N.V., U.S. Armor Corporation and VestGuard UK Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the global bulletproof vest market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global bulletproof vest market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global bulletproof vest market and who are the key players?
  • What is the degree of competition in the industry?

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Bulletproof Vest Market Report by Product (Flexible Ballistic, Hard Armor Plate), Material (Kevlar, Ultra-High Molecular Weight Polyethylene (UHMWPE), Graphene), Type (Level IIA, Level II, Level IIIA, Level III, Level IV), End User (Military, Law Enforcement, Civilian), and Region 2024-2032
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