What is the Asia Pacific Combat Boots Market Outlook? Furthermore, the sales of combat boots are rising due to increased military activities conducted by countries around the world, which has been pushing the combat boots market growth in this region. The presence of a large number of established manufacturers, such as Under Armour, Inc., Adidas AG, and Maelstrom Footwear, combined with people's growing interest in outdoor physical activities such as mountain climbing, hiking, trekking, and wildlife camping, has fueled demand for combat boots in the region.Īccording to the United States Central Command, there are around 60,000 to 70,000 troops stationed in the Middle East region as of January 2020. North America holds 21.89% of overall share of combat boots market in 2022. United States holds second largest share in the combat boots market. Furthermore, with the adoption of combat boots, there is likely to be an opportunity for countries with smaller militaries but a higher danger of terrorist attacks or conflicts between neighboring countries to help bolster their armed forces.Ĭountry-wise insights North America to Hold Largest Market Share of Combat Boots This trend is expected to boost the sales of combat boots in the coming years. The combination of rubber and nylon is meant to provide comfort to the soldier, while leather is expected to protect the soldier's feet from various climatic conditions. The composite toe can protect soldiers from extreme stress and allow them to resist it.īoots made of a combination of rubber, nylon, and leather are some of the latest trends in the combat boots market. Furthermore, the development of composite plastics toes is also a major opportunity for combat boot manufacturers. What are the Opportunities in Combat Boots Market? Composite Plastic Toe, Robust Security for Military ProfessionalsĬombat boots is a niche market with investment opportunities for several manufacturing companies. These factors limit the sales of combat boots companies, limiting the expansion of the market. Counterfeit brands are common in emerging economies because clients are price sensitive. However, the high prices and widespread appeal of combat boots brands such as Nike, Adidas, and Puma have resulted in the proliferation of counterfeit brands. Thus, the demand for combat boots is rising due to numerous lucrative opportunities provided by the social media marketing approach throughout the forecast period. Social media marketing is a prominent strategy used by different firms and industries, including the combat boots market, to raise knowledge about their product offers among target customers using social media channels. Taking this into account, the majority of leading companies in the combat boots market are anticipated to promote their products and services using these social media platforms.Ĭombat Boots Market Estimated Size (2022)Ĭombat Boots Market Forecasted Size (2032) Thus, combat boots market share is anticipated to witness an average growth due to an increase in the number of military personnel for security purposes.įurthermore, with the expansion in internet penetration, the number of users of various social networking sites has increased. Furthermore, troops wear them during conflict or combat training rather than parades or other ceremonial chores. Furthermore, the demand for combat boots is rising as they are designed to give stability in difficult and adverse conditions by providing a firm grip, improved ankle stability, and superior foot protection.Īccording to US Defense Department data, there were 60,000 military forces present in Afghanistan, Iraq, and Syria in March 2019, and this number is projected to expand in the near future, generating high sales of combat boots and fueling combat boots market expansion. Manufacturers of combat boots are tested to work in harsh situations with minimal wear and tear. Primary drivers of the combat boots market growth include law enforcement officers, firefighters, military personnel, and adventurers who work in challenging weather conditions. The sales of combat boots is likely to rise at a CAGR of 3.9% from 2022 to 2032. The global combat boots market size is estimated to be valued at US$ 1,743 Mn in 2022, and is projected to surpass a valuation of US$ 2,555.4 Mn by 2032.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |