Report ID: SQMIG25L2009
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.
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Report ID: SQMIG25L2009