The global bullet proof jackets market is anticipated to register growth over the forecast period. Bullet proof jackets are also known as bulletproof vests or ballistic vests. They are an armor that helps to protect the soldiers from bullets, knives, bomb explosion by absorbing the impact and stopping the attack from penetrating the body. The bulletproof jacket is a must for all armed forces, law enforcement personnel at present. The global bullet proof jacket market size spans product types, end users, and region. On the basis of product type, the global size spans soft vests and hard vests. Hard Bulletproof vests are used in combat, high-risk tactical missions, and hostage release missions.
The soft vest is made of different layers of woven and laminated fibers that protect soldiers, security guards from shotgun, small caliber hand gun, and explosives. Ballistic plates are often inserted inside the soft vests. In addition, metal plates can be used with soft vests, thereby providing extra protection against rifles and knife stabbing. These vests use different layers of strong fibers that bends bullet, spreading its force over a wider portion of the fiber thus growing the bullet into a dish shape.
In 2015, soft vest segment dominated the market size and will continue to lead the market over the forecast period with maximum market size. Soft bulletproof vests are flexible, easier to wear, and lighter than the hard vests. While soft bulletproof vests cannot stop very high-velocity bullets, they can stop slower bullets such as .45ACP, 00 Buckshot, .40S&W, and the other types of bullets fired up to 1,500 ft. per second. They are widely used by law enforcement agencies and civilians, which will contribute to this segment’s growth until the end of 2025.
On the basis of end user, the global bullet proof jackets market size spans Defense, law enforcement, and civilians. In 2015, “defense” end-user segment accounted for the maximum market share and will continue to dominate the market during the forecast period. This is due to the high military spending and the massive global armed strength over the past few years. However, the increasing number of attacks and the growing violence and threats around the world is leading to a rise in demand for the protection of soldiers and civilians, which will also contribute to the increasing adoption of bulletproof jackets in the defense segment; whereas, “law enforcement and civilians” segment is projected to drive the global market during the forecast period maximum market shares.
Geographically, the global market size spans North America: U.S. and Canada, Latin America: Mexico, Brazil, Peru, Chile, and others, Western Europe: Germany, England, France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg, Eastern Europe: Poland and Russia, Asia Pacific: China, India, Japan, ASEAN, Australia, and New Zealand, Middle East and Africa: GCC, Southern Africa, and North Africa.
Europe is the region accounting for the largest market size of bullet proof jackets market and expected to remain same during the forecast period. This is due to government funding program, advanced technologies for the production of jackets. These are the major factors driving the European market. Developing regions are expected to grow gradually during the forecast period. This is due to lack of funding program, lack of advanced technologies.
The major key players of global bullet proof jackets market are VestGuard UK, Point Black Body Armor, Canarmor, Black Hawk. Other prominent vendors are Wenzhou Start Co Ltd, MKU Limited, EnGarde, Infidel Body Armor, Point Blank Enterprises, Inc., MARS Armor, Vestguard UK, Armourshield Ltd, BulletSafe, Compass International Corp. Ltd. among others.
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The shortage in supply of raw materials from Chinese manufacturers has resulted in a severe demand-supply gap. The manufacturers are further expected to be stranded on raw material orders owing to the logistics industry being significantly impacted due to lockdown amid COVID-19. However, the producers are expected to move away from China aiming to reduce the future risks that would affect the business and to reduce the manufacturers' cluster in a single country in order to smoothen the supply chain. The report will account for Covid19 as a key market contributor.