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New York, March 29, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Bulletproof Vest Global Market Report 2022” – https://www.reportlinker.com/p06248452/?utm_source=GNW
The global bulletproof vests market is expected to grow from $1.38 billion in 2021 to $1.44 billion in 2022 at a compound annual growth rate (CAGR) of 4.74%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.80 billion in 2026 at a CAGR of 5.74%.
The bulletproof vest market consists of sales of bulletproof vests by entities (organizations, sole traders, and partnerships) that refer to a set of protective coverings worn by individuals to protect the torso against bullets, knives and bomb explosions. Bulletproof vests absorb the impact and reduce or completely stop the penetration of the attack, and any fragments from various explosions.
These are generally made by layering woven or laminated fibers, with metal ballistic plates or ceramic inserted.
Full story available on Benzinga.com
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