Product Code: ETC215743 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The bulletproof glass market in Sri Lanka is expanding due to heightened concerns over security and safety. This market serves various sectors, including banking, defense, automobiles, and buildings requiring enhanced protection. The demand is driven by an increase in crime rates, governmental regulations on safety standards, and a rising awareness of security measures among businesses and individuals. Technological advancements in the production of bulletproof glass, aiming for better performance and lighter weight, also support market growth.
The bulletproof glass market in Sri Lanka is primarily driven by rising security concerns due to increasing crime rates and political instability. The growth in commercial and residential construction activities, particularly in high-risk areas, has also contributed to the demand for bulletproof glass. Additionally, the governments focus on enhancing safety measures in public buildings and transportation systems further propels market growth. The increasing use of bulletproof glass in vehicles, particularly in the banking and financial sectors, adds to the demand.
Challenges in the Sri Lanka bulletproof glass market stem from high production costs and the need for advanced manufacturing technology. The market is also influenced by stringent safety standards and certification requirements, which can be costly and time-consuming to meet. Limited local production capabilities necessitate imports, driving up costs and leading to supply chain vulnerabilities. Furthermore, awareness and demand for bulletproof glass are relatively low, restricting market growth despite the rising security concerns.
Sri Lanka security policies and increasing investment in infrastructure have impacted the bulletproof glass market. The governments focus on enhancing public safety in high-risk areas, coupled with regulations mandating security measures in certain sectors, has driven demand for bulletproof glass. Import regulations and quality standards also ensure that only certified products enter the market.
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 Sri Lanka Bulletproof Glass Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Bulletproof Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Sri Lanka Bulletproof Glass Market - Industry Life Cycle |
3.4 Sri Lanka Bulletproof Glass Market - Porter's Five Forces |
3.5 Sri Lanka Bulletproof Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sri Lanka Bulletproof Glass Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Sri Lanka Bulletproof Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concerns about safety and security in Sri Lanka |
4.2.2 Growth in infrastructure development and urbanization projects |
4.2.3 Rising demand for bulletproof glass in high-risk industries such as banking and defense |
4.3 Market Restraints |
4.3.1 High initial costs associated with bulletproof glass installation |
4.3.2 Limited awareness and understanding of the benefits of bulletproof glass among potential customers |
4.3.3 Availability of alternative security solutions that may compete with bulletproof glass |
5 Sri Lanka Bulletproof Glass Market Trends |
6 Sri Lanka Bulletproof Glass Market, By Types |
6.1 Sri Lanka Bulletproof Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Solid Acrylic, 2021-2031F |
6.1.4 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Traditional Laminated, 2021-2031F |
6.1.5 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Polycarbonate, 2021-2031F |
6.1.6 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Glass-clad Polycarbonate, 2021-2031F |
6.1.7 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Other Types, 2021-2031F |
6.2 Sri Lanka Bulletproof Glass Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Buildings and Construction, 2021-2031F |
6.2.4 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Defense, 2021-2031F |
6.2.5 Sri Lanka Bulletproof Glass Market Revenues & Volume, By Other End-user Industries, 2021-2031F |
7 Sri Lanka Bulletproof Glass Market Import-Export Trade Statistics |
7.1 Sri Lanka Bulletproof Glass Market Export to Major Countries |
7.2 Sri Lanka Bulletproof Glass Market Imports from Major Countries |
8 Sri Lanka Bulletproof Glass Market Key Performance Indicators |
8.1 Number of security incidents reported in Sri Lanka |
8.2 Percentage of infrastructure projects incorporating bulletproof glass |
8.3 Growth in demand for bulletproof glass in key industries |
8.4 Number of training programs or workshops conducted to educate consumers about bulletproof glass |
8.5 Adoption rate of bulletproof glass technology in high-risk areas |
9 Sri Lanka Bulletproof Glass Market - Opportunity Assessment |
9.1 Sri Lanka Bulletproof Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sri Lanka Bulletproof Glass Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Sri Lanka Bulletproof Glass Market - Competitive Landscape |
10.1 Sri Lanka Bulletproof Glass Market Revenue Share, By Companies, 2024 |
10.2 Sri Lanka Bulletproof Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |