The Business Research Company’s Bulletproof Vest Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Bulletproof Vest Global Market Report 2023 evaluates bulletproof vest market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global bulletproof vest market size grew from $1.5 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 9.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the bulletproof vest is expected to grow to $2.27 billion in 2027 at a CAGR of 8.3%.
The bulletproof vest market segments in the report are:
1) By Type: Soft Vest, Hard Vest
2) By Material: Kelvar, Ultra High Molecular Weight Polyethylene, Graphene
3) By End User: Military, Law Enforcement
Get More Information On The Bulletproof Vest Market Report:
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The table of contents in TBRC’s bulletproof vest market report includes:
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Top Major Players
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