How big is the Bulletproof Vest Market | Demand & Key Players 2025

Q: How big is the bulletproof vest market in 2024?

The bulletproof market was estimated at USD 1.5 billion in 2024.

Q: What is the projected market size by 2031?

The market is expected to reach USD 2.4 billion by 2031, growing at a CAGR of 6.7%.

Q: What is driving growth in the bulletproof vest industry?

Increased military spending, law enforcement modernization, and rising security threats are key drivers.

Q: What are the major trends in bulletproof vest technology?

Lightweight designs, smart armour systems, nanotech materials, and custom-fit vests are major trends.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5401

Publication Date: Jul 2025

What is the size of the Bulletproof Vest Market?

According to 6Wresearch internal database and industry insights, the Global Bulletproof Vest Market was valued at USD 1.5 billion in 2024 and is projected to reach USD 2.4 billion by 2031, growing at a CAGR of 6.7% during the forecast period 2025–2031.

The market is witnessing steady growth due to rising defence budgets, increasing security threats, and growing demand for personal protective equipment across military, law enforcement, and civilian applications.

Key Growth Factors of the Bulletproof Vest Market

Rising defence and homeland security spending worldwide
Increasing demand for lightweight, high-performance body armour
Growing security concerns and threat of armed violence
Expansion of law enforcement and paramilitary forces in developing countries
Advancements in ballistic materials and ergonomic designs

Bulletproof Vest Market Trends

The Bulletproof vest industry is moving forward with notable trends such as the rising demand for lightweight and flexible vests that offer improved mobility without compromising safety. Aside from these, the modular armour systems that allow customizable protection are gaining popularity among military forces. Also, the demand is rising among civilian, particularly among journalists, VIPs, and private security personnel. Further, the smart vests embedded with sensors for vital signs monitoring and situational awareness are being developed for defence forces.

Emerging Developments in the Bulletproof Vest Market

Bulletproof vest market is navigating new developments which include the nanotechnology and advanced fibres like graphene and carbon nanotubes are being used to improve strength-to-weight ratios. Innovations have occurred in multi-threat protection vests that offer defence against knives, shrapnel, and gunfire. The push for sustainable and recyclable armour materials is increasing to reduce environmental impact. 3D body scanning and custom-fit production are enhancing comfort and fit, particularly for female personnel.