Equestrian Equipment Market 2024-2028
The equestrian equipment market is forecasted to grow by USD 3126.5 mn during 2023-2028, accelerating at a CAGR of 4.8% during the forecast period. The report on the equestrian equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing participation in equestrian sports, rising disposable incomes across various regions, and growing recognition of equine-assisted therapy (EAT).
Technavio's equestrian equipment market is segmented as below:
- By Type
- Rider equipment
- Equine equipment
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing focus of vendors on new product launches as one of the prime reasons driving the equestrian equipment market growth during the next few years. Also, rising popularity of equestrian tourism and growing focus on equestrian safety awareness campaigns will lead to sizable demand in the market.
The report on the equestrian equipment market covers the following areas:
- Equestrian Equipment Market sizing
- Equestrian Equipment Market forecast
- Equestrian Equipment Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading equestrian equipment market vendors that include Alfa Jump, Ariat International Inc., Bates Saddles, Beval saddlery, Cavallo GmbH and Co. KG, Charles Owen, Devoucoux, GEMS International, Hermes International SA, HKM Sports Equipment GmbH, Horseware Products Ltd., LeMieux Ltd, Mariam International, Nunn Finer, SALEHA INTERNATIONAL, Sharie International, Weatherbeeta USA Inc., and Weaver Equine. Also, the equestrian equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.