According to a new report, published by KBV research, The Global Tactical Footwear Market size is expected to reach $2.6 billion by 2029, rising at a market growth of 6.4% CAGR during the forecast period.
The Shoes segment is showcasing a CAGR of 7.3% during (2023 - 2029). A shoe has a pliable top made of plastic or leather, fits the foot well below the ankle, and has a thicker sole and heel. Initially connected to function, shoe aesthetics have undergone a significant transformation over time and across cultures. Shoes are commonly worn for activities like running, strolling, golf, jogging, bowling, and dancing, as well as formal occasions like weddings and business meetings.
The Men segment acquired maximum revenue share in the Global Tactical Footwear Market by End Use in 2022 thereby, achieving a market value of $2.2 billion by 2029. Sales are rising as a result of men's growing interest in tactical footwear such as desert, jungle, and cold-weather boots. This is so that public safety professionals can all wear tactical footwear, which is also suitable for backpacking and hiking. Because of this, the key factor driving the growth of the segment is the high degree of durability and ease of use offered by these rugged shoes, which are made to perform well in difficult conditions.
The Business-to-Business segment has shown the growth rate a CAGR of 6% during (2023 - 2029). This is explained by the abundance of footwear in the police and military. In general, businesses that buy tactical footwear in bulk include government agencies, adventure sports organizers, mountaineering & hiking organizing companies, etc. As a result of the large supply of tactical footwear in bulk from one manufacturer to the next and the high industrial demand, the tactical footwear market is expanding.
The North America market dominated the Global Tactical Footwear Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $998.1 Million by 2029. The Asia Pacific market is exhibiting a CAGR of 7% during (2023 - 2029). Additionally, The Europe market would showcase a CAGR of 6.2% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/tactical-footwear-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Nike, Inc., Adidas AG, Under Armour, Inc., PUMA SE (Groupe Artémis S.A.), ASICS Corporation, MMG Trading Ltd., Belleville Shoe Manufacturing Company, Elten GmbH, RNS Footwear Pvt. Ltd., and Garmont international Srl (Riello Investimenti Partners).
By Product Type
By End Use
By Sales Channel
By Geography
Companies Profiled
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