
NEW YORK, Sept. 5, 2022 /PRNewswire/ -- The tactical footwear market estimates a market value of USD 526.77 million from 2021 to 2026. The report offers a detailed analysis of the COVID-19 impact on the market and the new opportunities that market players can expect. In addition, the report projects the market to progress at a CAGR of 5.57%. The use of social media marketing is one of the key tactical footwear market trends contributing to market growth. Nowadays, consumers' engagement on social networking sites and interest in blogging has increased, which has led to the use of social media by vendors for promotional activities. Meanwhile, increased Internet penetration, coupled with growth in the e-commerce segment, has increased awareness and fueled the demand for a wide range of footwear, including tactical footwear, available in the market. Significantly, the total number of active social media users accounted for 4.48 billion users, which is 62% of the world population and increasing every day. Thus, the increasing influence of social media is expected to increase product awareness of products, including tactical footwear, which will fuel the growth of the market focus during the forecast period. To know about the other trends - Request a Free Sample Report
- The tactical footwear market report offers information on several market vendors, including 5.11 Inc., ABC MART Co. Ltd., adidas AG, Apex Global Brands Inc., ASICS Corp., Belleville Boot Co., Garmont International Srl, Maelstrom Footwear, Magnum Boots, Nike Inc., PUMA SE, Under Armour Inc., VF Corp., and Wolverine World Wide Inc. among others.
- The global tactical footwear market is subject to rapidly changing industry demands and preferences. Changing consumer preference patterns affect vendor performance in the global market. It can also be affected by global and regional economic conditions and other demographic trends. Changing economic conditions are affecting the living standards of consumers, which will also affect vendors' business operations.
- The market is concentrated due to the presence of several international and domestic vendors. Vendors compete based on quality, price, service, brand image, distribution, and marketing. Moreover, major vendors focus on acquiring other smaller brands to increase their market share. Increasing vendor competition compels vendors to reduce their product prices, which will negatively affect their profit margins and market growth.
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Tactical Footwear Market: New launches to drive growth
- The new launches is the key driver supporting the tactical footwear market growth. The increasing number of product launches increases the competition in the market, which, in turn, will lead to innovation and differentiation.
- In view of this, manufacturers focus on launching new products. For instance, in October 2021, HAIX Schuhe Produktions und Vertriebs GmbH announced its launch of boot Airpower XR1 Pro for emergency medical services (EMS), urban search, and rescue operations to provide individuals with safety and comfort in extreme situations. Similarly, in March 2020, 5.11 Inc. announced the launch of the new tactical footwear collection. The new tactical footwear collection was named 5.11 A.T.L.A.S. (All Terrain Load Assistance System). Such new product launches are expected to drive the growth of the market during the forecast period.
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This market research report segments the tactical footwear market by End-user (Men and Women) and Geography (APAC, North America, Europe, Middle East and Africa, and South America). Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the tactical footwear market size and actionable market insights on the post-COVID-19 impact on each segment.
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The competitive scenario provided in the Tactical Footwear Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Tactical Footwear Market Forecast Report - Buy Now!
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Tactical Footwear Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.57% |
Market growth 2022-2026 |
USD 526.77 million |
Market structure |
Concentrated |
YoY growth (%) |
4.98 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, China, India, Russia, and the UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
5.11 Inc., ABC MART Co. Ltd., Adidas AG, Apex Global Brands Inc., ASICS Corp., Belleville Boot Co., Garmont International Srl, Maelstrom Footwear, Magnum Boots, Nike Inc., PUMA SE, Under Armour Inc., VF Corp., and Wolverine World Wide Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
- 1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Men - Market size and forecast 2021-2026
- Exhibit 28: Chart on Men - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Men - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Men - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Men - Year-over-year growth 2021-2026 (%)
- 5.4 Women - Market size and forecast 2021-2026
- Exhibit 32: Chart on Women - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Women - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Women - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Women - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Russia - Market size and forecast 2021-2026
- Exhibit 74: Chart on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Russia - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Russia - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Russia - Year-over-year growth 2021-2026 (%)
- 7.12 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 5.11 Inc.
- Exhibit 89: 5.11 Inc. - Overview
- Exhibit 90: 5.11 Inc. - Product / Service
- Exhibit 91: 5.11 Inc. - Key offerings
- 10.4 adidas AG
- Exhibit 92: adidas AG - Overview
- Exhibit 93: adidas AG - Business segments
- Exhibit 94: adidas AG - Key news
- Exhibit 95: adidas AG - Key offerings
- Exhibit 96: adidas AG - Segment focus
- 10.5 Apex Global Brands Inc.
- Exhibit 97: Apex Global Brands Inc. - Overview
- Exhibit 98: Apex Global Brands Inc. - Product / Service
- Exhibit 99: Apex Global Brands Inc. - Key offerings
- 10.6 ASICS Corp.
- Exhibit 100: ASICS Corp. - Overview
- Exhibit 101: ASICS Corp. - Business segments
- Exhibit 102: ASICS Corp. - Key news
- Exhibit 103: ASICS Corp. - Key offerings
- Exhibit 104: ASICS Corp. - Segment focus
- 10.7 Belleville Boot Co.
- Exhibit 105: Belleville Boot Co. - Overview
- Exhibit 106: Belleville Boot Co. - Product / Service
- Exhibit 107: Belleville Boot Co. - Key offerings
- 10.8 Garmont International Srl
- Exhibit 108: Garmont International Srl - Overview
- Exhibit 109: Garmont International Srl - Product / Service
- Exhibit 110: Garmont International Srl - Key offerings
- 10.9 Maelstrom Footwear
- Exhibit 111: Maelstrom Footwear - Overview
- Exhibit 112: Maelstrom Footwear - Product / Service
- Exhibit 113: Maelstrom Footwear - Key offerings
- 10.10 Nike Inc.
- Exhibit 114: Nike Inc. - Overview
- Exhibit 115: Nike Inc. - Business segments
- Exhibit 116: Nike Inc. - Key news
- Exhibit 117: Nike Inc. - Key offerings
- Exhibit 118: Nike Inc. - Segment focus
- 10.11 PUMA SE
- Exhibit 119: PUMA SE - Overview
- Exhibit 120: PUMA SE - Business segments
- Exhibit 121: PUMA SE - Key news
- Exhibit 122: PUMA SE - Key offerings
- Exhibit 123: PUMA SE - Segment focus
- 10.12 Under Armour Inc.
- Exhibit 124: Under Armour Inc. - Overview
- Exhibit 125: Under Armour Inc. - Business segments
- Exhibit 126: Under Armour Inc. - Key offerings
- Exhibit 127: Under Armour Inc. - Segment focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 128: Inclusions checklist
- Exhibit 129: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 130: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 131: Research methodology
- Exhibit 132: Validation techniques employed for market sizing
- Exhibit 133: Information sources
- 11.5 List of abbreviations
- Exhibit 134: List of abbreviations
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Jesse Maida
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SOURCE Technavio
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