Global Bulletproof Vest Market Size study, by Product (Flexible Ballistic, Hard Armour Plate), by End-Use (Military, Law Enforcement, Civil) and Regional Forecasts 2022-2028

Description

List of Tables

Global Bulletproof Vest Market is valued at approximately USD 1225.8 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7.20 % over the forecast period 2022-2028. Bullet-Proof Vests are specially designed to protect the wearer from the impact of firearm bullets on human organs. It prevents penetration of projectile bullets in the wearer's body and reduces the impact of small fragments from explosives. The increasing defence expenditure and product innovation and technological advancements have led to the adoption of Bulletproof Vest across the forecast period. For Instance: In July 2019, Ordnance Factory Board and MIDHANI in India launched a lightweight bulletproof jacket, Bhabha kavach. The jacket can stand 7.62mm hard steel bullets fired using an AK 47 assault rifle and 5.56mm ammunition. Recently, PPSS Group launched ultra-light NIJ Level IIIA+ Bulletproof Vests. Also, with the rising security concerns and rising demand for lightweight body armor, the adoption & demand for Bulletproof Vest is likely to increase the market growth during the forecast period. However, high cost and rise in cases of defective vests impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Bulletproof Vest Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the significant region across the world in terms of market share owing to the surge in defense research and development activities. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as escalating border tensions between various countries, aging of existing Bulletproof Vests would create lucrative growth prospects for the Bulletproof Vest market across Asia-Pacific region.

Major market players included in this report are:

CES Ileri Kompozit ve Savunma Teknolojileri

ELMON SA

Central Lake Armor Express Inc.

DuPont

Honeywell International Inc.

U.S. Armor Corporation

Hawk Armor Protection & Safety Solutions Pvt Ltd

Condor Outdoor Product Inc.

EnGarde Body Armor

MKU Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Flexible Ballistic

Hard Armour Plate

By End-Use:

Military

Law Enforcement

Civil

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Bulletproof Vest Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
- 1.2.1. Bulletproof Vest Market, by Region, 2020-2028 (USD Billion)
- 1.2.2. Bulletproof Vest Market, by Product, 2020-2028 (USD Billion)
- 1.2.3. Bulletproof Vest Market, by End Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Bulletproof Vest Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Bulletproof Vest Market Dynamics

3.1. Bulletproof Vest Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Defence Expenditure
  - 3.1.1.2. Product innovation and technological advancements
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost
  - 3.1.2.2. Rise in cases of defective vests
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising security concern
  - 3.1.3.2. Rising demand for lightweight body armor

Chapter 4. Global Bulletproof Vest Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2019-2028)
4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global Bulletproof Vest Market, by Product

6.1. Market Snapshot
6.2. Global Bulletproof Vest Market by Product, Performance - Potential Analysis
6.3. Global Bulletproof Vest Market Estimates & Forecasts by Product, 2019-2028 (USD Billion)
6.4. Bulletproof Vest Market, Sub Segment Analysis
- 6.4.1. Flexible Ballistic
- 6.4.2. Hard Armour Plate

Chapter 7. Global Bulletproof Vest Market, by End-Use

7.1. Market Snapshot
7.2. Global Bulletproof Vest Market by End-Use, Performance - Potential Analysis
7.3. Global Bulletproof Vest Market Estimates & Forecasts by End-Use, 2019-2028 (USD Billion)
7.4. Bulletproof Vest Market, Sub Segment Analysis
- 7.4.1. Military
- 7.4.2. Law Enforcement
- 7.4.3. Civil

Chapter 8. Global Bulletproof Vest Market, Regional Analysis

8.1. Bulletproof Vest Market, Regional Market Snapshot
8.2. North America Bulletproof Vest Market
- 8.2.1. U.S. Bulletproof Vest Market
  - 8.2.1.1. Product breakdown estimates & forecasts, 2019-2028
  - 8.2.1.2. End-Use breakdown estimates & forecasts, 2019-2028
- 8.2.2. Canada Bulletproof Vest Market
8.3. Europe Bulletproof Vest Market Snapshot
- 8.3.1. U.K. Bulletproof Vest Market
- 8.3.2. Germany Bulletproof Vest Market
- 8.3.3. France Bulletproof Vest Market
- 8.3.4. Spain Bulletproof Vest Market
- 8.3.5. Italy Bulletproof Vest Market
- 8.3.6. Rest of Europe Bulletproof Vest Market
8.4. Asia-Pacific Bulletproof Vest Market Snapshot
- 8.4.1. China Bulletproof Vest Market
- 8.4.2. India Bulletproof Vest Market
- 8.4.3. Japan Bulletproof Vest Market
- 8.4.4. Australia Bulletproof Vest Market
- 8.4.5. South Korea Bulletproof Vest Market
- 8.4.6. Rest of Asia Pacific Bulletproof Vest Market
8.5. Latin America Bulletproof Vest Market Snapshot
- 8.5.1. Brazil Bulletproof Vest Market
- 8.5.2. Mexico Bulletproof Vest Market
8.6. Rest of The World Bulletproof Vest Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. CES Ileri Kompozit ve Savunma Teknolojileri
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. ELMON SA
- 9.2.3. Central Lake Armor Express Inc.
- 9.2.4. DuPont
- 9.2.5. Honeywell International Inc.
- 9.2.6. U.S. Armor Corporation
- 9.2.7. Hawk Armor Protection & Safety Solutions Pvt Ltd
- 9.2.8. Condor Outdoor Product Inc.
- 9.2.9. EnGarde Body Armor
- 9.2.10. MKU Limited

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Bulletproof Vest market, report scope
TABLE 2. Global Bulletproof Vest market estimates & forecasts by Region 2019-2028 (USD Billion)
TABLE 3. Global Bulletproof Vest market estimates & forecasts by Product 2019-2028 (USD Billion)
TABLE 4. Global Bulletproof Vest market estimates & forecasts by End-Use 2019-2028 (USD Billion)
TABLE 5. Global Bulletproof Vest market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 6. Global Bulletproof Vest market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 7. Global Bulletproof Vest market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 8. Global Bulletproof Vest market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 9. Global Bulletproof Vest market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 10. Global Bulletproof Vest market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 11. Global Bulletproof Vest market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 12. Global Bulletproof Vest market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 13. Global Bulletproof Vest market by segment, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 14. Global Bulletproof Vest market by region, estimates & forecasts, 2019-2028 (USD Billion)
TABLE 15. U.S. Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 16. U.S. Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 17. U.S. Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 18. Canada Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 19. Canada Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 20. Canada Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 21. UK Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 22. UK Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 23. UK Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 24. Germany Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 25. Germany Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 26. Germany Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 27. RoE Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 28. RoE Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 29. RoE Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 30. China Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 31. China Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 32. China Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 33. India Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 34. India Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 35. India Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 36. Japan Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 37. Japan Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 38. Japan Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 39. RoAPAC Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 40. RoAPAC Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 41. RoAPAC Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 42. Brazil Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 43. Brazil Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 44. Brazil Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 45. Mexico Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 46. Mexico Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 47. Mexico Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 48. RoLA Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 49. RoLA Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 50. RoLA Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 51. Row Bulletproof Vest market estimates & forecasts, 2019-2028 (USD Billion)
TABLE 52. Row Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 53. Row Bulletproof Vest market estimates & forecasts by segment 2019-2028 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Bulletproof Vest market
TABLE 55. List of primary sources, used in the study of global Bulletproof Vest market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

FIG 1. Global Bulletproof Vest market, research methodology
FIG 2. Global Bulletproof Vest market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Bulletproof Vest market, key trends 2021
FIG 5. Global Bulletproof Vest market, growth prospects 2022-2028
FIG 6. Global Bulletproof Vest market, porters 5 force model
FIG 7. Global Bulletproof Vest market, pest analysis
FIG 8. Global Bulletproof Vest market, value chain analysis
FIG 9. Global Bulletproof Vest market by segment, 2019 & 2028 (USD Billion)
FIG 10. Global Bulletproof Vest market by segment, 2019 & 2028 (USD Billion)
FIG 11. Global Bulletproof Vest market by segment, 2019 & 2028 (USD Billion)
FIG 12. Global Bulletproof Vest market by segment, 2019 & 2028 (USD Billion)
FIG 13. Global Bulletproof Vest market by segment, 2019 & 2028 (USD Billion)
FIG 14. Global Bulletproof Vest market, regional snapshot 2019 & 2028
FIG 15. North America Bulletproof Vest market 2019 & 2028 (USD Billion)
FIG 16. Europe Bulletproof Vest market 2019 & 2028 (USD Billion)
FIG 17. Asia pacific Bulletproof Vest market 2019 & 2028 (USD Billion)
FIG 18. Latin America Bulletproof Vest market 2019 & 2028 (USD Billion)
FIG 19. Global Bulletproof Vest market, company market share analysis (2021)