The global bulletproof vest market size is expected to reach USD 1,998.1 million by 2027, exhibiting a CAGR of 7.23% during the forecast period. The increasing security concerns coupled with cross-border conflicts will fuel demand for bulletproof vests, which, in turn, will foster the healthy growth of the market, states Fortune Business Insights, in a report, titled “Bulletproof Vest Market Size, Share and Covid-19 Impact Analysis by Material (Kevlar, Ultra-High-Molecular-Weight Polyethylene (UHMWPE), and Graphene) By Type (Level IIA, Level II, Level IIIA, Level III, and Level IV) By Product (Flexible Ballistic, Hard Armor Plate) By End User (Military, Law Enforcement, and Civil) and Regional Forecast, 2020-2027.” The market size stood at USD 1,271.1 million in 2019.
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