/PRNewswire/ In 2021, the value of global body armor market stood at US$ 3.8 Bn. The global market is anticipated to rise at a CAGR of 3.11% during the.
Global Bulletproof Vest Market Is Expected to Reach USD 3 32 Billion by 2027 : Fior Markets einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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The market was valued at US$ 12,013.98 million in 2019 and is projected to reach US$ 20,804.39 million by 2027; it is expected to grow at a CAGR of 7.6% from 2020 to 2027. The report highlights key factors driving the market growth, and prominent players with their developments in the market.
Rising Procurement of Body Armor with Supportive Government Initiatives to Boost Military Personal Protective Equipment Market Growth.
The military personal protective equipment (PPE) plays a vital role in protecting soldiers and enhancing the procurement of military gear. This equipment is specially designed to protect military personnel from chemical and biological hazards during a combat. The equipment includes garment ensembles, protective body armor, footwear covers, helmets, and gloves.