Philippines Bulletproof Vest Market (2020-2026) | Share, Revenue, Value, Size, Forecast, Analysis, Outlook, Growth, Companies, Trends, COVID-19 IMPACT & Industry
Market Forecast By Type (Soft Vest, Hard Vest), By Purpose (Military, Civilian) And Competitive Landscape
| Product Code: ETC013969 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Philippines Bulletproof Vest Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, the Philippines saw significant import shipments of bulletproof vests, with top exporting countries including China, Pakistan, Japan, Bangladesh, and Israel. The market remained highly concentrated, indicating strong dominance by key suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.14%, showcasing sustained market expansion. Notably, the growth rate from 2023 to 2024 spiked at an impressive 113.3%, indicating a surge in demand for bulletproof vests in the Philippines during that period. This data suggests a dynamic and potentially lucrative market for bulletproof vest imports in the country.
philippines bulletproof vest market synopsis
The Philippines is becoming an increasingly popular market for bulletproof vests. The rise in the number of violent crimes and terrorist activities has created a demand for protective clothing such as bulletproof vests. This trend is expected to continue, driven by increased security concerns and government initiatives to improve public safety. The Philippine market for bulletproof vests is estimated to be worth around USD 30 million in 2018, with an annual growth rate of 5-10%. Major players operating in this sector include SafeGuard Armor, BAE Systems PLC, Point Blank Solutions Inc., and ABA Corporation. These companies are offering a wide range of products including concealable Kevlar Body Armor Vests, Tactical Ballistic Vests ? Plate Carriers/Soft Armor Vest Combinations, Tactical Plate Carrier/Ballistic Combo Vest Sets (Level IIIA & Level III), Helmet Mounted Ballistic Visors (Visor Shield), and more.
Key Highlights of the Report:
- Philippines Bulletproof Vest Market Outlook
- Market Size of Philippines Bulletproof Vest Market, 2019
- Forecast of Philippines Bulletproof Vest Market, 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Revenues & Volume for the Period 2016 - 2026
- Philippines Bulletproof Vest Market Trend Evolution
- Philippines Bulletproof Vest Market Drivers and Challenges
- Philippines Bulletproof Vest Price Trends
- Philippines Bulletproof Vest Porter's Five Forces
- Philippines Bulletproof Vest Industry Life Cycle
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Type for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Soft Vest for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Hard Vest for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Purpose for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Military for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Bulletproof Vest Market Revenues & Volume By Civilian for the Period 2016 - 2026
- Philippines Bulletproof Vest Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Purpose
- Philippines Bulletproof Vest Top Companies Market Share
- Philippines Bulletproof Vest Competitive Benchmarking By Technical and Operational Parameters
- Philippines Bulletproof Vest Company Profiles
- Philippines Bulletproof Vest Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Philippines Bulletproof Vest Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Philippines Bulletproof Vest Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Bulletproof Vest Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Bulletproof Vest Market Revenues & Volume, 2019 & 2026F |
3.3 Philippines Bulletproof Vest Market - Industry Life Cycle |
3.4 Philippines Bulletproof Vest Market - Porter's Five Forces |
3.5 Philippines Bulletproof Vest Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Philippines Bulletproof Vest Market Revenues & Volume Share, By Purpose, 2019 & 2026F |
4 Philippines Bulletproof Vest Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Bulletproof Vest Market Trends |
6 Philippines Bulletproof Vest Market, By Types |
6.1 Philippines Bulletproof Vest Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Bulletproof Vest Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Philippines Bulletproof Vest Market Revenues & Volume, By Soft Vest, 2016 - 2026F |
6.1.4 Philippines Bulletproof Vest Market Revenues & Volume, By Hard Vest, 2016 - 2026F |
6.2 Philippines Bulletproof Vest Market, By Purpose |
6.2.1 Overview and Analysis |
6.2.2 Philippines Bulletproof Vest Market Revenues & Volume, By Military, 2016 - 2026F |
6.2.3 Philippines Bulletproof Vest Market Revenues & Volume, By Civilian, 2016 - 2026F |
7 Philippines Bulletproof Vest Market Import-Export Trade Statistics |
7.1 Philippines Bulletproof Vest Market Export to Major Countries |
7.2 Philippines Bulletproof Vest Market Imports from Major Countries |
8 Philippines Bulletproof Vest Market Key Performance Indicators |
9 Philippines Bulletproof Vest Market - Opportunity Assessment |
9.1 Philippines Bulletproof Vest Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Philippines Bulletproof Vest Market Opportunity Assessment, By Purpose, 2019 & 2026F |
10 Philippines Bulletproof Vest Market - Competitive Landscape |
10.1 Philippines Bulletproof Vest Market Revenue Share, By Companies, 2019 |
10.2 Philippines Bulletproof Vest Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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