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Equestrian Apparel Market Industry Key Strategies, Historical Analysis, Segmentation, Application, Technology, Trends and Growth Opportunities Forecasts to 2029

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Book Description

Equestrian Apparel Market size was valued at USD 6.15 Billion in 2022 and is expected to grow at a CAGR of 5.5% from 2023 to 2029, reaching nearly USD 8.73 Billion.

Equestrian Apparel Market Overview:

The Equestrian Apparel Market research provides a comprehensive insight into the competition, including the market share and company profiles of the world’s biggest rivals. The research scope covers a comprehensive examination of the Equestrian Apparel Market, as well as the causes for variances in the industry’s growth across a variety of sectors.

Market Scope:

Top-down and bottom-up approaches are used to validate market size and estimate market size by segment. The market estimations in the research are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights based on usage rate and average sale price are applied to each area to generate percentage splits, market shares, and segment breakdowns. The country-wise divisions of the overall market and its sub-segments are determined by the percentage adoption or usage of the specified market Size in the relevant area or nation.

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Dynamics:

According to a study, a number of reasons have contributed to the market expansion for equestrian apparel. The first is the rising status of equestrian sports, fitness, and outdoor pursuits in general. Second, the demand for safety equipment like boots and helmets is rising as riders become increasingly concerned with their own safety. The research also underlines the market’s expansion due to e-commerce. Equestrian clothing is made accessible and affordable worldwide by online marketplaces. In order to increase performance and rider comfort, manufacturers continually create new products, textiles, and designs.
The market for equestrian wear presents a number of interesting opportunities. The research emphasises the development of “smart apparel,” which incorporates sensors to gather and analyse information on rider activity, improving performance and reducing injuries. The rising demand for sustainable equestrian products presents another big potential.

Segmentation:

by Apparel Type

Sustainable
Unsustainable

by Type

Boots
Helmets
Gloves
Clothes

by Category

Professional Riders
Recreational Rider

by Gender

Men
Women
Children

by Price

Low
Medium
High

by Distribution

Hypermarket / Supermarket
Convenience Store
Speciality Store
Others

Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

The biggest players in the Equestrian Apparel Market are as follows:

  1. Ariat International (United States)
  2. Dover Saddlery (United States)
  3. Kerrits (United States)
  4. Ovation Riding (United States)
  5. Smartpak Equine (United States)
  6. Tredwear (United States)
  7. Under Armour (United States)
  8. Weatherbeeta (United Kingdom)
  9. William Cavendish Ltd (United Kingdom)
  10. Cheval (Germany)
  11. Equiline (Italy)
  12. HKM (Germany)
  13. Pikeur (Germany)
  14. GPA (France)
  15. Horze (Germany)
  16. Cavalleria Toscana (Italy)
  17. Anky (Netherlands)
  18. Stübben (Germany)
  19. Pikeur Sportswear (Germany)
  20. Horseware Ireland (Ireland)
  21. Mountain Horse (Canada)
  22. Devoucoux (France)
  23. Flexon (United States)
  24. Back on Track (Sweden)
  25. Equilibrium (Germany)
  26. Schockemohle (Germany)
  27. Uvex (Germany)

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Regional Analysis:

Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Equestrian Apparel Market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.

COVID-19 Impact Analysis on Equestrian Apparel Market:

End-user industries where Equestrian Apparel Market are utilized saw a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, and the United States, as well as Spain, France, and India, due to a halt in operations. This resulted in a significant decrease in the revenues of enterprises in these industries, as well as in demand for Equestrian Apparel Market manufacturers, harming the Equestrian Apparel Market’s growth in 2020. End-user business demand for Equestrian Apparel Market has decreased as a result of lockdowns and an increase in COVID-19 occurrences throughout the world.

Key Questions Answered in the Equestrian Apparel Market Report are:

In 2022, which segment accounted for the most share of the Equestrian Apparel Market?
What is the competitive landscape of the Equestrian Apparel Market?
What are the key factors influencing Equestrian Apparel Market growth?
In the Equestrian Apparel Market, which region has the most market share?
What will be the CAGR of the Equestrian Apparel Market during the forecast period (2023-2029)?
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