Global Bullet Proof Jacket Market Size, Trends, and Growth Opportunity, By Type (Soft, Hard, Composite), By End-User (Defence, Law Enforcement, Civilians), By Protection Level (II, IIIA, and IIIA+, III and III+), by region, and forecast until 2027.
Report ID : IR1001585 | Industries : Chemicals & Materials | Published On :June 2024 | Page Count : 122
Global Bullet Proof Jacket Market Size, Trends, and Growth Opportunity, By Type (Soft, Hard, Composite), By End-User (Defence, Law Enforcement, Civilians), By Protection Level (II, IIIA, and IIIA+, III and III+), by region, and forecast until 2027.
Global Bulletproof Jacket Market
The global bulletproof jacket market was valued at USD 1.05 billion in 2021 and is slated to reach USD 1.67 billion by 2027, at a CAGR of 3.61% from 2022 to 2027.
A bulletproof jacket is a type of body armour that helps to deflect projectiles fired from firearms and any flying debris from different explosions, as well as to lessen penetration to the torso. The torso is protected against bombs, bullets, and knives with the use of a bulletproof vest. They are often created by overlaying woven or laminated fibres with metal or ceramic ballistic plates.
Market Drivers
The military industry's rising need for soft bulletproof jackets is anticipated to drive the market's expansion. The soft bulletproof jacket shields security personnel and soldiers from shotgun blasts and small-caliber handguns by using layers of laminated and woven fibres. Moreover, soft jackets, which are quickly expanding in the bulletproof jacket industry, typically contain ballistic plates. Throughout the anticipated period, the market for bulletproof jackets is predicted to develop due to the expansion and rise of the military sector. This is mainly because military spending is rising, which is driving up the cost of body armour and bulletproof clothing for the army's dismounted troops. To replace minor equipment for the soldiers, including handguns, helmets, and cutting-edge protective gear in future years, the French government launched the O-NYX initiative as part of the defence expenditure plan.
Market Restraints
The forecasted expansion of the market is being hampered by the high cost of bulletproof jackets. Due to the adoption of new, cutting-edge technology and the use of goods of higher calibre, the price of a bulletproof jacket has increased. These considerations suggest that the market for bulletproof jackets will likely hinder growth throughout the forecast period. Market expansion is hampered by an increasing number of defective bulletproof jacket casings. For instance, Toyobo settled a claim involving the sale of faulty fibre used in bulletproof vests in 2018 by paying USD 66 million. The U.S. federal and local law enforcement agencies and Toyota signed this agreement.
Market segmentation
The global bulletproof jacket market is segmented by type, end user, and protection level. Types include soft, hard, and composite.By end-users such as defence, law enforcement, and civilians. By protection level, such as II, IIIA and IIIA+, III and III+, and IV.
Regional Analysis
The global bulletproof jacket market is segmented into five regions: the Americas, Europe, Asia-Pacific, and the Middle East and Africa. Aforementioned region's expanding disposable affluence, North America is likely to dominate the bulletproof jacket industry. Furthermore, increased government expenditure and initiatives on civilian protection and safety, as well as defence, will drive market expansion in this region. As a result of the growing use of cutting-edge technology, Europe is anticipated to experience the quickest growth during the projection period. The market expansion in this region will also be further accelerated by rising military and defence sector spending.
Key Players
This report includes a list of numerous key players, namely BAE Systems (U.K.), 3M (U.S.), Rheinmetall AG (Germany), FMS Enterprises Migun LTD. (Israel), Point Blank Enterprises, Inc. (U.S.), DuPont (U.S.), ADA (Canada), Survitec Group Limited (U.K.), ArmorWorks (U.S.), and Revision Military (U.S.).
Market Taxonomy
By Type
• Soft
• Hard
• Composite
By End-User
• Defence
• Law Enforcement
• Civilians
By Protection Level
• II
• IIIA and IIIA+
• III and III+
• IV
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa
Global Bullet Proof Jacket Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bullet Proof Jacket Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crises
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World Supply and Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bullet Proof Jacket Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Bullet Proof Jacket Market Share Analysis, By Type
5.3 Global Bullet Proof Jacket Market Size and Forecast, By Type
5.3.1 Soft
5.3.2 Hard
5.3.3 Composite
6 Global Bullet Proof Jacket Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Global Bullet Proof Jacket Market Share Analysis, By End-User
6.3 Global Bullet Proof Jacket Market Size and Forecast, By End-User
6.3.1 Defence
6.3.2 Law Enforcement
6.3.3 Civilians
7 Global Bullet Proof Jacket Market, By Protection Level
7.1 Y-o-Y Growth Comparison, By Protection Level
7.2 Global Bullet Proof Jacket Market Share Analysis, By Protection Level
7.3 Global Bullet Proof Jacket Market Size and Forecast, By Protection Level
7.3.1 II
7.3.2 IIIA and IIIA+
7.3.3 III and III+
7.3.4 IV
8 Global Bullet Proof Jacket Market, By Region
8.1 Global Bullet Proof Jacket Market Share Analysis, By Region
8.2 Global Bullet Proof Jacket Market Share Analysis, By Region
8.3 Global Bullet Proof Jacket Market Size and Forecast, By Region
9 North America Bullet Proof Jacket Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Bullet Proof Jacket Market Share Analysis, By Type
9.3 North America Bullet Proof Jacket Market Size and Forecast, By End-User
9.4 North America Bullet Proof Jacket Market Size and Forecast, By Protection Level
9.5 North America Bullet Proof Jacket Market Size and Forecast, By EV application
9.6 North America Bullet Proof Jacket Market Size and Forecast, By Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
10 Europe Bullet Proof Jacket Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Bullet Proof Jacket Market Share Analysis, By Type
10.3 Europe Bullet Proof Jacket Market Size and Forecast, By End-User
10.4 Europe Bullet Proof Jacket Market Size and Forecast, By Protection Level
10.5 Europe Bullet Proof Jacket Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4 Rest of Europe
11 Asia Pacific Bullet Proof Jacket Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Bullet Proof Jacket Market Share Analysis, By Type
11.3 Asia Pacific Bullet Proof Jacket Market Size and Forecast, By End-User
11.4 Asia Pacific Bullet Proof Jacket Market Size and Forecast, By Protection Level
11.5 Asia Pacific Bullet Proof Jacket Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Bullet Proof Jacket Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Bullet Proof Jacket Market Share Analysis, By Type
12.3 Latin America Bullet Proof Jacket Market Size and Forecast, By End-User
12.4 Latin America Bullet Proof Jacket Market Size and Forecast, By Protection Level
12.5 Latin America Bullet Proof Jacket Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
14 Middle East Bullet Proof Jacket Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Bullet Proof Jacket Market Share Analysis, By Type
14.3 Middle East Bullet Proof Jacket Market Size and Forecast, By End-User
14.4 Middle East Bullet Proof Jacket Market Size and Forecast, By Protection Level
14.5 Middle East Bullet Proof Jacket Market Size and Forecast, By Country
14.5.1 Saudi Arabia
14.5.2 UAE
14.5.3 Egypt
14.5.4 Kuwait
14.5.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 BAE Systems (U.K.)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 3M (U.S.)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Rheinmetall AG (Germany)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 FMS Enterprises Migun LTD. (Israel)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Point Blank Enterprises, Inc. (U.S.)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 DuPont (U.S.)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 ADA (Canada)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Survitec Group Limited (U.K.)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 ArmorWorks (U.S.)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Revision Military (U.S.)
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies