Product Code: GVR-4-68039-966-9
Bullet Proof Jackets Market Growth & Trends:
The global bullet proof jackets market size is expected to reach USD 1.98 billion by 2030 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.7% from 2022 to 2030. Increased security concerns, combined with cross-border conflicts, will drive demand for bulletproof jackets, fostering the strong expansion of the industry.
COVID-19 has had a tremendous impact on the production of bullet proof jackets. The demand for bulletproof jackets has increased dramatically in recent years. However, due to lockdown restrictions and the shutdowns of manufacturing facilities, manufacturing businesses' output of bullet proof jackets remained lower than in prior years.
The increase in military spending by established and emerging countries throughout the world is expected to be the key development factor for this market. Furthermore, increased terrorism in various nations such as Asia Pacific and the Middle East is prompting countries to focus on acquiring security solutions, hence fueling market demand.
The growing security threats are the primary internal and external drivers for the bulletproof jacket industry. Domestic concerns like political violence and economic sabotage, as well as exterior perils like terrorist attacks and trafficking, increase the demand for the global market.
The market for bulletproof vests is anticipated to benefit from the increased focus on research and development of innovative and lightweight materials over the forecast period. For instance, India-based Point Blank Enterprises Inc. introduced the ORIGIN modular tactical vest platform in January 2022.
Bullet proof jacket manufacturers are seeking collaborations, mergers, and acquisitions to expand their product lines and increase production capacity. Manufacturers are also focusing on increasing their manufacturing facilities to accommodate rising demand from critical end-use industries such as defense and civilians.
Bullet Proof Jackets Market Report Highlights:
- The soft vests segment was estimated at 681.1 million of the global revenue in 2021 due to a number of advantages, including the fact that soft vest bulletproof jackets are more flexible, comfortable, and lightweight than hard vests
- The hard vests segment was estimated at 513.9 million of the global revenue in 2021 due to its use in battle, high-risk tactical missions, and hostage rescue missions. Hard vests also include ceramic, steel, and plates to provide further protection
- In 2021, the market for bullet proof jackets end-users in the defense sector accounted for 59.1 percent of the total revenue due to the recent increase in military spending and the massive global armed forces
- The security & law enforcement end-user segment was estimated at 321.0 million of the global revenue in 2021, owing to rising demand for the vests from law enforcement organizations to safeguard jail officers, police officers, and others
- MKU Limited invested in research and development in June 2019 to enhance its product lines. In addition, the business has created an Integrated Load Distribution System (ILDS) for bulletproof jackets
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Bullet Proof Jackets Market Variables, Trends & Scope
- 3.1. Market Segmentation & Scope
- 3.2. Penetration and Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Technology Overview
- 3.5. Regulatory Framework
- 3.6. Market Dynamics
- 3.6.1. Market Driver Analysis
- 3.6.2. Market Restraint Analysis
- 3.6.3. Industry Challenges
- 3.6.4. Industry Opportunities
- 3.7. Business Environment Analysis: Bullet Proof Jackets Market
- 3.7.1. Industry Analysis - Porter's Five Forces
- 3.7.1.1. Supplier Power
- 3.7.1.2. Buyer power
- 3.7.1.3. Threat of substitutes
- 3.7.1.4. Threat of new entrants
- 3.7.1.5. Competitive rivalry
- 3.7.2. PESTEL Analysis
- 3.7.2.1. Political Landscape
- 3.7.2.2. Economic Landscape
- 3.7.2.3. Social Landscape
- 3.7.2.4. Technological Landscape
- 3.7.2.5. Environmental Landscape
- 3.7.2.6. Legal Landscape
- 3.8. COVID - 19 Impact Analysis
Chapter 4. Bullet Proof Jackets Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2021 & 2030
- 4.1.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2. Soft Jacket
- 4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3. Hard Jacket
- 4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5. Bullet Proof Jackets Market: End-Use Estimates & Trend Analysis
- 5.1. End-Use Movement Analysis & Market Share, 2021 & 2030
- 5.2. Defense
- 5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3. Security & Law enforcement
- 5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.4. Civilians
- 5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6. Bullet Proof Jackets Market: Protective Level Estimates & Trend Analysis
- 6.1. Protection Level Movement Analysis & Market Share, 2021 & 2030
- 6.2. II
- 6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.3. IIIA & IIIA+
- 6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.4. III & III+
- 6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.5. IV
- 6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 7. Bullet Proof Jackets Market: Regional Estimates & Trend Analysis
- 7.1. Regional Market Snapshot
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.2.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.5.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.6.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.2.7.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.2.7.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.2.7.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.4.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.4.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.5. Germany
- 7.3.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.3.7. U.K.
- 7.3.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.3.8. Spain
- 7.3.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.3.8.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.3.8.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.3.8.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.4.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.4.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.4.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.4.5. Japan
- 7.4.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.4.6. India
- 7.4.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.6.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.4.7. South Korea
- 7.4.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.4.8. Australia
- 7.4.8.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.4.8.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.5. Central & South America
- 7.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.5.4. Brazil
- 7.5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5.4.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.4.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.5.4.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.6.4. Saudi Arabia
- 7.6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6.4.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.6.4.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.6.4.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by end-use, 2017 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecasts, by protection level, 2017 - 2030 (USD Million)
Chapter 8. Bullet Proof Jackets Market - Competitive Analysis
- 8.1. Key global players & recent developments & their impact on the industry
- 8.2. Key Company/Competition Categorization
- 8.3. Vendor Landscape
- 8.4. Public Companies
- 8.4.1. Company market position analysis
- 8.5. Private companies
- 8.5.1. List of key emerging companies and their geographical presence
Chapter 9. Company Profiles
- 9.1. Point Blank Solutions, Inc
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Strategic Initiatives
- 9.2. Armor Express
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Strategic Initiatives
- 9.3. DuPont
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Strategic Initiatives
- 9.4. U.S. ARMOR CORPORATION
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Strategic Initiatives
- 9.5. EnGarde
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Strategic Initiatives
- 9.6. MKU LIMITED
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Strategic Initiatives
- 9.7. ARGUN s.r.o.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Strategic Initiatives
- 9.8. Infidel Body Armor
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Strategic Initiatives
- 9.9. Seyntex N.V.
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Strategic Initiatives
- 9.10. MARS Armor
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Strategic Initiatives
- 9.11. VestGuard UK Ltd
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Strategic Initiatives
- 9.12. BulletSafe Bulletproof Vests
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.13. COMPASS INTERNATIONAL CORP. LTD
- 9.13.1. Company Overview
- 9.13.2. Financial Performance
- 9.13.3. Product Benchmarking
- 9.13.4. Strategic Initiatives
- 9.14. Canadian Armour Ltd
- 9.14.1. Company Overview
- 9.14.2. Financial Performance
- 9.14.3. Product Benchmarking
- 9.14.4. Strategic Initiatives