USD 1.88 million
Report ID:
SQMIG25L2009 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
89
|Figures:
76
Global Tactical Footwear Market size was valued at USD 1.88 million in 2022 and is poised to grow from USD 1.98 million in 2023 to USD 3.04 million by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).
Professionals that work in enforcement, firefighting, military service, and adventure sports, basically anyone who daily works in difficult changing weather conditions are the key consumers of the global tactical footwear market. Based on the figures of the U.S. Defense Department, 60,000 military personnel were placed in Afghanistan, Iraq, and Syria as of March 2021. As it is predicted these numbers will increase, the demand for tactical boots and other military products will climb, propelling market growth. Tactical footwear is manufactured and designed to survive harsh settings without damage and is essential in outdoor activities such as hunting, mountaineering, extreme sports, and military operations.
Thanks to its improved insole and outsole cushioning, tactical footwear reduces the pressure and stress placed on feet during working out activities such as sprinting, jumping, and lengthy treks. Established manufacturers and suppliers like Maelstrom Footwear and Bates Footwear have a competitive advantage in the market, owing it to their proprietary technology which can improve the performance and durability of tactical footwear.
For example, to improve grip and traction on non-uniform landscape, Bates Footwear uses its Vibra technology. Other prominent brands have released tactical footwear encompassing boots, sneakers, and shoes, spanning several gender and age categories to create the supply of premium footwear that was in demand.
New developments in the innovation and technology department of tactical footwear and versatility across a range of applications are the key market drivers. However, the market also faces a number of constraints, like high cost and competition from casual footwear, which could impede market expansion. Nevertheless, the global tactical footwear market is predicted to continue on its trajectory towards market growth.
Global Market Size
USD 1.88 million
Largest Segment
Boots
Fastest Growth
shoes
Growth Rate
5.5% CAGR
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When the global tactical footwear market is segmented based on product type, boots and shoes are the major categories. Based on end-users, the market is divided into men and women and the market segmentation on the basis of sales channel includes supermarket/hypermarket, online stores, specialty stores, and others. Dividing the market based on region leaves us with North America, Europe, Latin America, Asia- Pacific, Middle East and Africa.
Analysis By Product
The tactical boots category leads the global tactical footwear market, accounting for a large chunk of global sales, marked at 68.5% in 2022. Market expansion of this segment is ascribed to the speedy growth in technology and a string of successful product lines. One of the best examples to showcase this success is the FlyRoam tactical boot line launched by Timberland debuted in January 2021 under TBL Licensing LLC. This collection had a range of innovative features, like the Aerocore energy system which increases cushioning and guarantees lightweight comfort
Basically, the tactical boot category has retained its market leadership, although the tactical shoe segment is poised for a quick rise influenced by technical advancements and a growing market of customers looking for specialized footwear solutions.
Analysis By Sales Channel
Traditionally, the tactical footwear market has been led by the offline sales channel. This market segment was responsible for 76.7% of the global market revenue in 2022, explaining its position. The offline sale channel is so popular among consumers because they can take advantage of in-person fitting and judge the comfort and style of the footwear when shopping from offline shops. Topping that with the fact that potential buyers can choose from diverse selection, ranging form material choices to cushioning options, has led to the growth of this market segment. Coupled with these factors driving expansion, offline stores are preferable in the eyes of consumers since they can avail detailed information about the product’s benefits and functionality from store employees. Additionally, this channel holds a wide range of tactical shoes to choose from, depending on specific applications and according to the consumer profession. These selections include low-ankle, high ankle, and mid-ankle models.
Despite consumers having favored offline channels for the longest time, the online channel is the market’s fastest growing segment. Consumers now prefer shopping from the comfort of their homes, which this distribution channel allows them to do so. This channel also provides potential buyers with a varied and broad selection, which can be coupled with additional offers to save costs. Additionally, consumers want to be fully informed of the product’s use and benefits before investing in such premium footwear, Online channels provide potential buyers with detailed product descriptions and other quality reviews, making their judgment easier, fueling this segment’s popularity and quick growth in the market.
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North America holds the top position in the global tactical footwear market, and has witnessed widespread expansion in the US and Canada, resulting from the influence of several factors. North America is heavily populated by consumers in the military, law enforcement, and outdoor enthusiasts who contribute to this growth. Those who are under the influence of strict rules and safety regulations that dictate the type of footwear to be worn in these professions, high-performance tactical boots are the best choice for them. This region also comprises well-known brands in the market and is witnessing a growing popularity of outdoor and adventure sports, further driving market growth. E-commerce is used extensively in North America, providing customers access to a range of varying tactical footwear options.
The European market of tactical footwear is defined by a mix of business and recreational applications. Countries like UK, Germany, and France that have always passed time with activities like trekking and outdoor recreation and house a large military presence drives market demand. In some locations of Europe, wearing tactical footwear made for harsh settings is crucial due to bad or non-uniform weather conditions.
Countries like China, India, and Japan are fueling the demand for tactical footwear in the Asia-Pacific region. Continued industrial development, rapid urbanization, and awareness of safety standards drive the market growth in this area. The growing military budgets in China and India are pushing the demand for tactical boots among armed forces. The rise in fitness culture and the growing popularity of adventure sports and outdoor activities is also a major contributor in the global tactical footwear market.
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Drivers
Growing Professional Applications
Innovation and Technology
Urban Lifestyle Trend
Restraints
High Cost
Competition from Casual Footwear
Comfort and Fit
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A mix of established industry players and up-and-coming companies make up the competitive environment of the global tactical footwear market, where all participants are striving to meet the evolving demands of customers in varying professional and recreational settings. Leading producers with experience and industry knowledge in creating high-performance tactical footwear, such as 5.11 Tactical, Bates Footwear, Under Armour, and Salomon, have maintained their positions in the market.
These companies offer a wide range of tactical footwear items, including boots, shoes, and sneakers, retaining their market share due to their expansive database, cutting-edge technology, and R&D resources. These companies offer multiple features in varying styles, materials, and functionality to facilitate demand among law enforcement, the military, outdoor lovers, and sport professionals.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global tactical footwear market analysis, the market continues to expand due to a confluence of variables, such as rising demand from law enforcement, military personnel, adventurers, and outdoor enthusiasts. A rise in product innovation, technological improvements, and specific designs are currently taking place in the market to address the particular needs of numerous professional and recreational pursuits. Under Armour, Bates Footwear, and 5.11 Tactical's dominance in the market demonstrate how dedicated the sector is to providing high-performance footwear solutions.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 1.88 million |
Market size value in 2031 | USD 3.04 million |
Growth Rate | 5.5% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Tactical Footwear Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Tactical Footwear Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Tactical Footwear Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Tactical Footwear Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25L2009
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