According to the latest report by IMARC Group, titled “Bulletproof Vest Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global bulletproof vest market analysis.The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global bulletproof vest market size reached US$ XX Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ XX Billion on by 2027, exhibiting a growth rate (CAGR) of XX%  during 2022-2027.

A bulletproof vest represents a protective covering worn to shield the body against bullets and shrapnel. It usually safeguards soldiers from bomb explosions by absorbing the force and preventing the attack from penetrating the body. In addition to this, a bulletproof vest is produced by using various materials, such as ultra-high molecular weight polyethylene (UHMWPE), graphene, Kevlar, etc. Furthermore, based on type, it is categorized into soft and hard variants. Soft bulletproof vests protect against small-caliber rounds from handguns, whereas the latter is utilized in counterterrorism, military combat, counterinsurgency, hostage rescue missions, etc.

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Market Trends

The increasing geopolitical tension and the rising prevalence of terrorist attacks are bolstering the need for civilian and military protection, which is primarily driving the bulletproof vest market. Additionally, the growing focus on minimizing casualties during combat situations and the escalating demand for military modernization to improve national security are further catalyzing the market growth. Besides this, government bodies and several defense organizations are adopting next-generation weaponry systems, such as novel bulletproof vests, to support and enhance the survivability of military troops, which is acting as another significant growth-inducing factor.

Moreover, the inflating popularity of bulletproof vests for numerous commercial security applications, including healthcare security, retail security, transportation security, etc., is also positively influencing the global market. Apart from this, the introduction of lightweight variants with increased mobility that is manufactured via the use of composite materials and the integration of advanced technologies, such as 3D printing, is anticipated to fuel the bulletproof vest market over the forecasted period.

For the competitor segment, the report includes global key players of the bulletproof vest market.

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.

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

Regional Insights:

  • Asia Pacific
  • North America
  • Europe
  • Middle East and Africa
  • Latin America

On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.

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