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2021
Tactical Footwear Market

Tactical Footwear Market

by Product (Boots and Shoes), End Use (Men, and Women), and Sales Channel (Supermarket/hypermarket, Online stores, Specialty stores, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
Update Available On-Demand

Report Code: A13072
Pages: 279
Aug 2021 | 2346 Views
Author(s) : Raju Kale , Roshan Deshmukh
Tables: 143
Charts: 68
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The global tactical footwear market size was valued at $1,547.3 million in 2020, and is projected to reach $2,574.1 million by 2030, registering a CAGR of 5.3% from 2021 to 2030. In 2020, the tactical boots segment accounted for the highest share in the global market, and is expected to remain dominant throughout the forecast period. 

Tactical footwear is majorly designed for operations performed by law enforcement professionals, military service members, security pros, industrial worker, and public safety workers. Tactical footwear are mostly used by armed forces, as they offer more protection as compared to conventional footwear.   

Tactical-Footwear-Market

Moreover, they are intended to provide stability in tough and unfavorable conditions, as they offer strong grip, enhanced ankle stability, and superior foot protection. In addition, they are worn by troops during battle or combat training rather than parades or other ceremonial tasks. Thus, increase in demand for tactical footwear due to increase in the number of military personnel for security purposes significantly contributes toward the market growth, globally.

Moreover, increase has been witnessed in the number of users of various social media sites along with rise in internet penetration. Taking this into consideration, most of key players in the tactical footwear market strategize on promoting their products and services on these social media platforms. Social media marketing is one of the major strategies adopted by various companies and industries, including wearable products market, on imparting awareness about their product offerings among target customers on social media channels. Thus, through social media marketing strategy, global market sights remunerative opportunity for expansion during the forecast period. 

However, high price and significant popularity of footwear brands such as Nike, Adidas, and Puma have led to the advent of counterfeit brands. Counterfeit brands are usually prevalent in developing economies where customers are highly price-sensitive. These factors limit the sale of existing original footwear brands, thus restraining the tactical footwear market growth. 

Tactical footwear is a niche market, which creates opportunities for many manufacturing companies for investment. As the diversified players that dominate the tactical footwear industry have limited presence, stakeholders are planning to invest and expand their business by innovating new products. Thus, new enterprises can take advantage over limited presence. Several companies are completely dedicated on the production and sale of tactical footwear products. For instance, in 2019, 5.11 Tactical expanded company-owned retail stores across the U.S. Moreover, this company offers premium range of tactical footwear products for both men and women.

Strong global concerns about the pandemic have negatively impacted the global tactical footwear market. Moreover, due to high demand and low supply trends, the prices of products increased in 2020 to overcome on economic instability. On the contrary, disruptions of the supply chain in shipping could lead to temporary shortage in the supply, putting upward pressure on prices in the short term.      

According to the tactical footwear market analysis, the market is segmented into product, end use, sales channel, and region. By product, the market is bifurcated into boots and shoes. On the basis of end use, it is segregated into men and women. Depending on sales channel, it is fragmented into supermarket/hypermarket, online stores, specialty stores, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Spain, Italy, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Thailand, Vietnam, and rest of Asia-Pacific), and LAMEA (Brazil, Iran, Egypt, Turkey, South Africa, Saudi Arabia, and rest of LAMEA).  

On the basis of product, the boots segment accounted for the maximum share in the global tactical footwear market in 2020, and is expected to remain dominant during the tactical footwear market forecast period. This is attributed to the fact that tactical boots are sturdy, strong, and durable, which make them ideal for use in unfavorable and rugged conditions. Moreover, military boots falls under the tactical footwear category that are worn by military troops to endure the rugged conditions. These boots have a regimental appearance and generally have a cap toe design. Majority of reputable boot producers make their boots to endure a lifetime through various severe situations. Hence, this segment is expected to exhibit considerable growth rate during the forecast period.  

Tactical Footwear Market
By Product

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Shoes segment would witness the fastest growth, registering a CAGR of 5.9% during the forecast period.

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By end use, the male segment accounts for a higher value share, as tactical footwear are majorly intended for use by police enforcement officers, military service members, special ops, security personnel and public safety workers. In addition, these footwear are suitable for hiking and backpacking. Furthermore, durability and comfort offered by tactical footwear are the key factors responsible for their high demand among male population. 

Tactical Footwear Market
By End Use

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Women Segment witnssed a major growth rate of 6.6%

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Depending on sales channel, the supermarket/hypermarket segment held the significant tactical footwear market share in 2020. These retail formats offer a wide range of products at a competitive price to customers and are usually located at easily accessible areas. Consumers are able to meet all their shopping needs at these destinations, which saves their time, thereby adding to the attractiveness of this segment. 

Tactical Footwear Market
By Sales Channel

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Supermarket/Hypermarket Segment held the major share of 44.9% in 2020

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Region wise, North America dominated the tactical footwear market in 2020, and is anticipated to accounted for maximum market share. North America currently is one of the leading markets of the tactical footwear industry, due to the exponentially growing demand for tactical footwear in the military sector. 

Tactical Footwear Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America held the major share of 37.0% in 2020

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Key players in the tactical footwear market have adopted business expansion and product launch as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in the report include Adidas AG, APEX Global Brands, ASICS Corporation, Belleville Boot Company, Garmont International S.r.l., Maelstrom Footwear, Nike, Inc., Puma Se, Under Armour, Inc., and 5.11 Tactical.

Key benefits for stakeholders  

  • The report provides quantitative analysis of the current tactical footwear market trends, future estimations, and dynamics of the market size from 2020 to 2030 to identify the prevailing tactical footwear market opportunities.   
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size & segmentation assist to determine the market potential.
  • The major countries in each region are mapped according to their revenue contribution to the market.    
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the tactical footwear industry. 

Key market segments 

By Products

  • Boots
  • Shoes

By End Use

  • Men 
  • Women

By Sales Channel

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

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany 
    • France
    • UK
    • Italy
    • Spain 
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Vietnam
    • Rest of Asia-Pacific 
  • LAMEA 
    • Brazil
    • Iran
    • Egypt
    • Turkey
    • South Africa 
    • Saudi Arabia 
    •  Rest of LAMEA
 

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Based on the insights of the CXOs of leading companies, the footwear industry is experiencing a rapid expansion, owing to rise in demand for trendy and comfortable tactical footwear. Rapid urbanization, demographics changes along with increase in demand of boots for military personnel, and surge in demand for boots in industrial and mining sectors fuel the growth of the tactical footwear market. Moreover, consumers consider comfort as an important parameter while choosing appropriate footwear. In addition, consumers presently are ready to indulge in stylish and comfortable footwear. Thus, all these factors are expected to contribute toward the growth of the overall market during the forecast period.  

The CXOs further added that increase in penetration of online shopping platforms act as key growth driver of the global tactical footwear market. Most of the global players of the tactical footwear market are constantly investing in the development of their online and digital distribution channels. Thus, leading players are focusing on digitization, as the future is showing a promising growth opportunity through online channels

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FREQUENTLY ASKED QUESTIONS?

A. The CAGR of tactical footwear market is 5.3% from 2021-2030.

A. The global tactical footwear market size was valued at $1,547.3 million in 2020, and is projected to reach $2,574.1 million by 2030.

A. Increase in the number of military personnel for security purposes significantly contributes toward the market growth.

A. The key players profiled in the report include Adidas AG, APEX Global Brands, ASICS Corporation, Belleville Boot Company, Garmont International S.r.l., Maelstrom Footwear, Nike, Inc., Puma Se, Under Armour, Inc., and 5.11 Tactical.

A. Products, End Use, and Sales Channel are the segments of the tactical footwear market.

A. Product launches, and acquisition are the key growth strategies of tactical footwear market.

A. Boots segment held the major share in the global tactical footwear market.

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