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Bulletproof Vest Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

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. 

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 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:

  • 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:

  • 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 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
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)

 

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?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Bulletproof Vest Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Flexible Ballistic
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Hard Armor Plate
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Material
    7.1    Kevlar
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Ultra-High Molecular Weight Polyethylene (UHMWPE)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Graphene
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Type
    8.1    Level IIA
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Level II
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Level IIIA
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Level III
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Level IV
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by End User
    9.1    Military
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Law Enforcement
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Civilian
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Armourshield Ltd.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Bulletsafe Bulletproof Vests
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    DuPont de Nemours Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    Elmon S.A.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    EnGarde body armor
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Honeywell International Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    MARS Armor
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    MKU Limited
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Point Blank Enterprises Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Seyntex N.V.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    U.S. Armor Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    VestGuard UK Ltd. 
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Bulletproof Vest Market: Major Drivers and Challenges
Figure 2: Global: Bulletproof Vest Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Bulletproof Vest Market: Breakup by Product (in %), 2021
Figure 5: Global: Bulletproof Vest Market: Breakup by Material (in %), 2021
Figure 6: Global: Bulletproof Vest Market: Breakup by Type (in %), 2021
Figure 7: Global: Bulletproof Vest Market: Breakup by End User (in %), 2021
Figure 8: Global: Bulletproof Vest Market: Breakup by Region (in %), 2021
Figure 9: Global: Bulletproof Vest (Flexible Ballistic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Bulletproof Vest (Flexible Ballistic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Bulletproof Vest (Hard Armor Plate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Bulletproof Vest (Hard Armor Plate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Bulletproof Vest (Kevlar) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Bulletproof Vest (Kevlar) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Bulletproof Vest (Ultra-High Molecular Weight Polyethylene (UHMWPE)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Bulletproof Vest (Ultra-High Molecular Weight Polyethylene (UHMWPE)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Bulletproof Vest (Graphene) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Bulletproof Vest (Graphene) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Bulletproof Vest (Level IIA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Bulletproof Vest (Level IIA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Bulletproof Vest (Level II) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Bulletproof Vest (Level II) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Bulletproof Vest (Level IIIA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Bulletproof Vest (Level IIIA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Bulletproof Vest (Level III) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Bulletproof Vest (Level III) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Bulletproof Vest (Level IV) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Bulletproof Vest (Level IV) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Bulletproof Vest (Military) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Bulletproof Vest (Military) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Bulletproof Vest (Law Enforcement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Bulletproof Vest (Law Enforcement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Bulletproof Vest (Civilian) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Bulletproof Vest (Civilian) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Bulletproof Vest Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Bulletproof Vest Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Bulletproof Vest Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Bulletproof Vest Industry: SWOT Analysis
Figure 85: Global: Bulletproof Vest Industry: Value Chain Analysis
Figure 86: Global: Bulletproof Vest Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Bulletproof Vest Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Bulletproof Vest Market Forecast: Breakup by Product (in Million US$), 2022-2027
Table 3: Global: Bulletproof Vest Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Bulletproof Vest Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 5: Global: Bulletproof Vest Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Bulletproof Vest Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Bulletproof Vest Market: Competitive Structure
Table 8: Global: Bulletproof Vest Market: Key Players


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