Military Footwear Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Advance military footwear is easy to wear, comfortable, and provides safety in various terrains. Development in material quality has allowed this footwear to be lightweight and easy to carry. These footwear or boots are specifically designed to protect a soldier's feet from harsh environmental conditions, gunshots, fire attacks, and other harmful combat scenarios. The material used in this footwear is rugged leather. Furthermore, waterproof materials are used in special-purpose boots for military personnel to navigate through challenging terrains quickly. Additionally, these are available for specialized climates and conditions such as jungle boots, mountain boots, desert boots, and shallow water boots.

MARKET SCOPE

The "Global Military Footwear Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Military Footwear market with detailed market segmentation by product, end-user, and geography. The global Military Footwear market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Military Footwear market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of Product, market is segmented as Combat Boots, Jungle Boots, Desert Boots, and Others
  
•   On the basis of End User, market is segmented as Military Personnel, and Civilian.
  

MARKET DYNAMICS
Drivers:

•   Growth in military investments for advanced body-gear
  
•   Rise in the funding from military research agencies
  

Restraints:

•   Low quality or heavy weighing boots may hamper the growth of new market entrants
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Military Footwear market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Military Footwear market in these regions.

IMPACT OF COVID-19 ON MILITARY FOOTWEAR MARKET

The outbreak of the COVID-19 has impacted the defense industries due to the lockdown scenarios which created a disruption in the global supply chain. However, various cross-border conflicts and the necessity of the military to provide adequate high performance protecting gear to its personnel in homeland and border security are creating ample demand for military footwear. Moreover, demand for defense related products such as Military Footwear is expected to remain unaffected as the budgets for defense related projects had been allocated prior to the pandemic and the projects are extremely critical to national defense. For instance, the US President's budget request has increased from US$ 703.7 billion in FY 2021, to US$ 715 in FY 2022, reflecting a 1.6% increase. Therefore, the critical requirement of gear, including footwear, for military personnel has neutralized the impact of COVID-19 and the market remains largely unaffected.

Military Footwear Market Report Analysis

Military Footwear Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• Belleville Boot Company
• Blackhawk
• HAIX
• ITURRI
• Nike, Inc.
• NOGA EINAT SHOE INDUSTRIES LTD.
• Tactical Russia
• Under Armour, Inc.
• Waqia

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Product

• Combat Boots
• Jungle Boots
• Desert Boots

By End User

• Military Personnel
• Civilian

MARKET PLAYERS

The report covers key developments in the Military Footwear market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Military Footwear market are anticipated to lucrative growth opportunities in the future with the rising demand for Military Footwear in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Military Footwear market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Belleville Boot Company
  
•   Blackhawk
  
•   HAIX
  
•   ITURRI
  
•   Nike, Inc.
  
•   NOGA EINAT SHOE INDUSTRIES LTD.
  
•   Tactical Russia
  
•   Under Armour, Inc.
  
•   Waqia
  
•   Weinbrenner Shoe Company, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Military Footwear Market Report Scope