Learn about the global bulletproof vest market through The Business Research Company, which provides information on bulletproof vest market size, bulletproof vest market drivers and restraints, bulletproof vest market players, the COVID-19 impact on the bulletproof vest market, and more.

The global bulletproof vests market size is expected to grow from $1.38 billion in 2021 to $1.44 billion in 2022 at a compound annual growth rate (CAGR) of 4.74%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The bulletproof vest market is expected to reach $1.80 billion in 2026 at a CAGR of 5.74%.

The growth in military expenditure of developed and emerging countries is significantly contributing to the growth of the bulletproof vest market.

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The bulletproof vest market consists of sales of bulletproof vests by entities (organizations, sole traders, and partnerships) that refer to a set of protective coverings worn by individuals to protect the torso against bullets, knives and bomb explosions. Bulletproof vests absorb the impact and reduce or completely stop the penetration of the attack, and any fragments from various explosions. These are generally made by layering woven or laminated fibers, with metal ballistic plates or ceramic inserted.

Global Bulletproof Vest Market Segments Include:

By Type: Soft Vest, Hard Vest

By Material: Kelvar, Ultra High Molecular Weight Polyethylene, Graphene

By End-User: Military, Law Enforcement

By Application: Covert, Overt

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the bulltproof vest market in 2021.

Innovative product development is a key trend gaining popularity in the bulletproof vest market. Companies manufacturing bulletproof vests are developing new products and undergoing various collaborations to improve the services that are provided.

TBRC’s bulletproof vest market report covers:

Major Market Players: Wenzhou Start Co Ltd, VestGuard UK, U.S. Armor Corporation, Point blank enterprise, MKU Limited, MARS Armor, Infidel Body Armor, Honeywell International, EnGarde, DuPont, Armourshield Ltd, Armour express, Central Lake Armor Express, Compass International Corp and Condor Outdoor Product Inc

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Bulletproof Vest Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides bulletproof vest market overviews, analyzes and forecasts market size, share, bulletproof vest market players, bulletproof vest market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s bulletproof vest market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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