Influence of Celebrity Endorsements and Omnichannel Retailing Drives Demand for Tactical Footwear 2023-2027


Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The "Global Tactical Footwear Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The global tactical footwear market is poised for substantial growth, with forecasts indicating an impressive surge of USD 614.67 million during the period from 2022 to 2027, at an accelerated CAGR of 6.12%.

The latest comprehensive report on the tactical footwear market provides a holistic analysis, including market size and forecast, trends, growth drivers, challenges, and vendor insights covering approximately 25 prominent vendors.

This report offers a current and comprehensive analysis of the market scenario, encompassing the latest trends and drivers, while providing a deep understanding of the overall market environment.

Key factors driving this growth include the increasing prominence of hiking and trail running as popular outdoor recreational activities, the significant influence of celebrity endorsements on consumer purchase decisions, and a growing number of athletic tournaments.

Key Market Segments:

End-user Categories:

  1. Men
  2. Women

Distribution Channels:

  1. Offline
  2. Online

Geographical Landscape:

  1. APAC
  2. North America
  3. Europe
  4. Middle East and Africa
  5. South America

This study also identifies the utilization of social media marketing as a pivotal factor propelling the growth of the tactical footwear market in the coming years. Additionally, the rising participation of women in outdoor and adventure activities and the increasing adoption of omnichannel retailing are expected to drive substantial demand in the market.

Key Report Highlights:

  1. Market Sizing: Detailed analysis of the tactical footwear market's current size.
  2. Market Forecast: Projections for future market trends and growth.
  3. Market Industry Analysis: Comprehensive examination of market dynamics and influencing factors.

The report includes a robust vendor analysis, strategically designed to assist clients in enhancing their market position. It comprises a detailed assessment of several leading tactical footwear market vendors, including:

  • ASICS Corp.
  • Belleville Boot Co.
  • Compass Group Diversified Holdings LLC
  • Danner
  • GALAXY UNIVERSAL LLC
  • Galls LLC
  • Garmont International Srl
  • Maelstrom Footwear
  • Magnum Boots
  • Nike Inc.
  • Olive Planet Pvt Ltd.
  • PUMA SE
  • Rocky Brands Inc.
  • Rodo Ltd.
  • Tecnica Group SpA
  • The Original Footwear Co
  • Warson Group Inc.
  • Wolverine World Wide Inc.
  • Liberty Shoes Ltd
  • Under Armour Inc.

The report also offers insights into upcoming trends and challenges that will shape market growth, providing valuable information for companies to strategize and leverage forthcoming growth opportunities.

This comprehensive study was conducted using a well-balanced combination of primary and secondary information, gathering inputs from key industry participants. In addition to the vendor landscape, the report provides a SWOT analysis of the key market players.

The report presents a detailed depiction of the market through a meticulous study, synthesis, and summation of data from multiple sources. It analyzes key parameters such as profit margins, pricing strategies, competitive landscape, and promotional activities. The data presented is comprehensive, reliable, and the result of extensive research—both primary and secondary. The market research reports provide a complete competitive landscape, along with an in-depth vendor selection methodology and analysis, utilizing qualitative and quantitative research to accurately forecast market growth.

According to the report, one of the major drivers for this market is the increasing prominence of hiking and trail running as outdoor recreational activities.

For more information about this report visit https://www.researchandmarkets.com/r/bw7ux0

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