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The global bulletproof vest market reached a value of US$ XX Million in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global bulletproof vest market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, material, type and end user.
Breakup by Product:
Breakup by Material:
Breakup by Type:
Breakup by End User:
Breakup by Region:
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.
|Base Year of the Analysis||2021|
|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$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|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)|
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