Global Military Shoes Market Size, Share, and Trends Analysis Report, By Type (Composite Toe Shoe, Soft Toe Shoe, and Steel Toe Shoe), By Application (Miltary Use, and Non-Military Use), Forecast Period (2022-2028)

The global military shoe market is anticipated to grow at a CAGR of 5.3% during the forecast period (2022-2028). Military shoes are boot-style footwear that is mainly used by army personnel, or tactical operation teams. The major factor attributing to the growth of the global military shoe market include the increasing use of military shoes due to various benefits provided by military shoes. The benefits include waterproof material to keep feet protected from water, comfortable to wear for a long duration, lightweight with protection, durable to stay in any type of condition, enhanced safety from almost all kinds of threats, and many others. Thus, increasing the demand for military shoes.

The use of military shoes is also increasing by military personnel due to the increasing number of military personnel across the globe. According to the statistics published by the World Population Review in 2022, China, India, The US, North Korea, and Russia are the top countries with the highest active military personnel across the globe. The estimated number of active military personnel includes China with 2.1 million, India with 1.45 million, The US with 1.38 million, North Korea with 1.28 million, and Russia with 1.01 million active military personnel in the year 2022.

Furthermore, the demand for military shoes is also increasing by the military of various countries across the globe due to increasing defense expenditure. According to a report published by the Stockholm International Peace Research Institute (SIPRI) in 2021, the global defense expenditure was around $1981 billion in 2020 representing around a 2.6% increase from the previous year 2019. Among these, the US, China, India, Russia, and UK are the major defense expenditure countries contributing around 62% of global defense expenditure. The US allocated around $778 billion for the defense sector in 2020 representing a 4.4% increase from the previous year. Thus, propelling the growth of the global military shoe market.

Some major players in the market include Wolverine World Wide Inc., 5.11 Inc., Danner, The Corcoran Group, and Under Armour Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Boots for Troops launched a new program called “The Jimmy Rogers Military Spouse Scholarship”. This will award scholarships up to $10,000 to spouses of active military personnel for tuition, books, and supplies.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Wolverine World Wide Inc., 5.11 Inc., Danner, The Corcoran Group, Under Armour Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Military Shoes Market Report by Segment

By Type

• Composite Toe Shoe
• Soft Toe Shoe
• Steel Toe Shoe

By Application

• Military Use
• Non-Military USe

Global Military Shoes Market Report by Region

North America

• The United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa