Global Tactical Footwear Market Size Revenue Was $1,547.3 M in 2022 and is Predicted to Hit $2,574.1 M by 2030, Increasing at a Compound Yearly Growth Rate (CAGR) of 5.3%

Louisville, KY, April 25, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Global Tactical Footwear Market By Product Type (Shoes, Boots), By Distribution Channel (Supermarket/Hypermarket, Online Stores, Specialty Stores, Others), By End-Use (Men, Women,) And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Tactical Footwear Market size & share in terms of revenue was valued at USD 1,547.3 million in 2022 and it is expected to surpass around USD 2,574.1 million mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 5.3% during the forecast period 2023 to 2030.”

What is Tactical Footwear? How big is the Tactical Footwear Industry?

Report Overview:

Because tactical boots provide more protection than conventional boots, members of the armed forces use them when engaging in extreme sports, hunting, mountaineering, and other activities that take place in rough terrain. They provide protection against the ground's texture, temperatures, and gravel roads by covering the foot. In most cases, they are crafted from leather, which was one of the primary materials utilized in the production of the earliest iterations of the shoe. The primary customers for security operations, industrial employees, public safety personnel, members of the armed forces, and law enforcement professionals are targeted by manufacturers of tactical footwear.

Tactical boots provide stability in difficult and hard settings by providing strong traction, increased ankle determination, and good foot protection. This allows the wearer to maintain their balance. In addition, soldiers only use them while they are at war or training for war; they are not utilized for parades or other ceremonial activities. As a result, the expansion of the number of military personnel for reasons of security is considerably contributing to the expansion of the global tactical footwear market. This is because of the growing demand for tactical footwear.

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Global Tactical Footwear Market: Growth Factors

The market is expected to develop as a result of the increasing demand from government agencies and the military.

The primary factor contributing to the expansion of the global market for tactical footwear is the rising number of missions and operations carried out by military forces all over the world. Instead of being worn during parades and other ceremonial activities, troops are expected to wear their tactical boots during actual combat and training for combat. Traction, ankle control, and gait protection are three key features that are included into the design of modern tactical boots.

These boots are intended to be worn in hostile conditions. There is a category of footwear known as tactical boots that are meant to boost one's performance in particular scenarios. Many types of leather, including full-grain leather, split leather, nubuck, suede, and synthetic leather, are used in the construction of tactical boots. The materials used in the construction of war boots have a considerable impact on their longevity. These materials ensure that the boots are waterproof, breathable, and protect the feet of soldiers from a wide range of weather conditions. As a result, there will be a favourable influence on the market for tactical shoes as a result of the rise in sales of tactical shoes brought about by the development of police and military security.

Increasing investments made by big players in order to provide a product of high quality

The primary factor contributing to the expansion of the global market for tactical footwear is the rise in the total number of missions and operations carried out by the military all over the world. Various participants are concentrating their efforts on the development of new items with improved qualities and specifications. The most important manufacturers priorities the wearability and cosiness of their footwear, be it boots or shoes. Therefore, there is an inevitable rise in the demand for these products. The growing interest shown by key manufacturers in providing customers with products of superior quality is having a beneficial effect on the market for tactical footwear.

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Report Scope

Tactical Footwear Market: Segmentation Analysis

The market for tactical footwear on a global scale may be broken down into four distinct submarkets: product type, distribution channel, end users, and region.

The market can be broken down into the product categories of shoes and boots. The footwear segment was responsible for the largest share of the global market for tactical footwear in 2022, and it is anticipated that it will continue to hold the majority of the market share during the forecast period. This can be attributable to the fact that tactical boots are robust, solid, and long-lasting, qualities that make them an excellent choice for use in challenging environments. Additionally, military boots belong to the category of tactical footwear, which is footwear that is worn by military troops in order to survive difficult situations. These boots typically have a cap design and have the appearance of being worn by a regiment. The vast majority of reputable shoe manufacturers design their products to withstand a lifetime of wear in a range of demanding environments. As a result, it is anticipated that this market sector would exhibit a considerable growth rate throughout the course of the time under consideration.

The market is segmented into supermarkets and hypermarkets, internet stores, specialty stores, and other types of retail establishments, according to the distribution channel. During the time under consideration, it is anticipated that the offline segment will accumulate the most revenue share. Shoppers prefer offline channels because these allow them to see things in person, making it simpler for them to assess the quality of products and the materials used in their construction. Before making a purchase, a lot of individuals want to try on and feel different things, particularly footwear and other types of boots and shoes. When they try it on and see the colours and patterns on the leg, they will get a greater sense of the product's overall style as well as its level of quality. Customers can avoid waiting for shipment or delivery by shopping in the actual store from the comfort of their own homes right now. As a consequence of this, it is anticipated that the segment will experience growth throughout the course of the projection period.

The end user's perspective suggests that the industry is composed of men and women in equal measure. During the period covered by the forecast, it is anticipated that the male segment would occupy a considerable proportion of the market. Professionals in law enforcement, the military and special operations forces, as well as security professionals and public safety officers, are responsible for carrying out the activities. Men are typically the ones that carry out tasks like these in the workplace. These sturdy boots are typically built for use in harsh situations, and in addition to providing the wearer with comfort and flexibility, they are extremely long-lasting.

The global Tactical Footwear market is segmented as follows:

By Product Type

• Shoes
• Boots

By Distribution Channel

• Supermarket/Hypermarket
• Online Stores
• Specialty Stores
• Others

By End Use

• Men 
• Women

Browse the full “Global Tactical Footwear Market By Product Type (Shoes, Boots), By Distribution Channel (Supermarket/Hypermarket, Online Stores, Specialty Stores, Others), By End-Use (Men, Women,) And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030" Report At https://www.zionmarketresearch.com/report/tactical-footwear-market

Competitive Landscape

Some of the main competitors dominating the global Tactical Footwear market include - 

• Adidas AG
• APEX Global Brands
• ASICS Corporation
• Nike Inc.
• Under Armour Inc.
• VF Corporation
• 5.11
• Wolverine World Wide
• Maelstrom Footwear
• Belleville Boot Company
• Magnum Boots
• Adidas AG

 Key Insights from Primary Research:

• According to the analysis shared by our research forecaster, the Tactical Footwear market is likely to expand at a CAGR of around 5.3% during the forecast period (2023-2030).                  
• In terms of revenue, the Tactical Footwear market size was valued at around US$ 1,547.3 million in 2022 and is projected to reach US$ 2,574.1 million by 2030.
• Based on the product type, the Boots segment captures the largest market share during the forecast period.
• Based on the distribution channel, the offline segment is expected to capture the largest revenue share over the forecast period.
• Based on end-use, the men segment is expected to hold a significant share during the forecast period.
• Based on region, the Asia Pacific is expected to dominate the market during the forecast period.

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Key questions answered in this report:

• What is the market size and growth rate forecast for Tactical Footwear industry?
• What are the main driving factors propelling the Tactical Footwear Market forward?
• What are the leading companies in the Tactical Footwear Industry?
• What segments does the Tactical Footwear Market cover?
• How can I receive a free copy of the Tactical Footwear Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Product Type, By Distribution Channel, By End Use, And By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

Among the regions, Asia Pacific is estimated to hold the largest share of the global tactical footwear market and will maintain its dominance during the forecast period. The presence of a strong military sector, the presence of key manufacturers, and the increasing demand for people participating in adventure activities are some of the key factors boosting the market growth in this region. Asia Pacific is projected to grow at the highest CAGR during the forecast period due to the rise in the use of tactical footwear by daily workers and the growing demand for reliable and lightweight footwear.

North America is also estimated to hold considerable share of the global tactical footwear market during the forecast period. The presence of a strong military sector, the presence of key manufacturers, and the growing demand from people participating in adventurous activities are some of the key factors that are augmenting the growth of the market in this region.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

• In November 2022, ASICS acquired the Njuko SAS. Njuko SAS is a leading race registration platform for running events across Europe. ASICS now offers race registration services worldwide, with capabilities in Japan, North America, Australia, New Zealand, and now Europe.
• In February 2021, the Apex Global brand was bought by Galaxy Universal. Apex currently has licensing agreements with retailers and manufacturers in approximately 140 countries. Its products are present in more than 20,000 retail locations worldwide as well as on several e-commerce platforms.
• In January 2019, 5.11 Boots introduced the Norris tactical sneakers in black Multicam, which protect feet from 1,200 newtons of force and are manufactured of welmax board The item sports a Vibram outsole with an XS trek that offers the best balance, toughness, and comfort.

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FREQUENTLY ASKED QUESTIONS

• What is Tactical Footwear?
• Which key factors will influence the Tactical Footwear growth over 2023-2030?
• What will be the value of the Tactical Footwear growth during 2023-2030?
• What will be the CAGR value of the Tactical Footwear market during 2023-2030?
• Which region will contribute notably towards the Tactical Footwear market value?
• Which are the major players leveraging the Tactical Footwear market growth?

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