Global Equestrian Apparel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Equestrian Apparel Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Equestrian is a kind of activity completed by human and animals, which requires riders and horses to show elegance, courage, agility and speed after training. Equestrian Apparel is worn when riding, including Clothes, Boots, Helmets, Gloves.

Market Overview:

The latest research study on the global Equestrian Apparel market finds that the global Equestrian Apparel market reached a value of USD 2728.4 million in 2022. It’s expected that the market will achieve USD 3071.73 million by 2028, exhibiting a CAGR of 2.0% during the forecast period.

With the extensive use of natural resources, a large number of reports on negative impacts on the earth and communities, and information provided by social media and mobile applications, consumers' understanding and awareness of sustainable development issues are increasing. The enhancement of consumers' awareness leads to an increase in the demand for product sustainability. Nowadays, more and more consumers pay attention to environmental protection and social responsibility, and demand truly green products, which requires manufacturers to adopt a holistic approach. Developing sustainable products and implementing sustainable practices can make the company succeed, improve its brand reputation, promote sales, save costs, and ultimately produce positive return on investment. Due to the urgent needs of consumers for natural products and the rapid changes brought about by the transition to sustainable products. More and more manufacturers use recycled plastics, discarded fishing nets, carpets and other nylon fabrics to make sustainable Equestrian Apparel. The company should follow the trend of sustainable development and produce Equestrian Apparel sustainable products through innovative technologies to maintain its leading position in the industry.

The rise of horse racing

Horse racing is an equestrian performance sport involving two or more horses, which are ridden by jockeys within a certain distance. For centuries, this sport has been loved by horse lovers and gambling enthusiasts. Instead of betting by the cashier or bookmaker, fans can now bet on their favorite horses in real time in their comfortable homes, and most of the races are broadcast live on millions of screens around the world. Therefore, consumers can also compare odds, pay by electronic payment, and track their bets in a convenient location. The rise of horse racing will promote jockeys' demand for Equestrian Apparel.

Competition in the industry is fierce

For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made. The Equestrian Apparel industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.

Region Overview:

From 2022-2027, Europe is estimated to witness robust growth prospects

Company Overview:

Ariat, Decathlon, PIKEUR were the top 3 players in the Equestrian Apparel market in 2022, taking up a market share of 9.97% together.

Segmentation Overview:

As for product types, the Helmets segment held the largest market share in 2021.

Application Overview:

By application, the Female segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Equestrian Apparel market covered in Chapter 3:

PIKEUR
Mountain Horse
Decathlon
GPA
Kerrits
Tredstep
CASCO
Ariat
Shanghai Goldtex Clothing & Bags Co.
KEP ITALIA
Devon-Aire
HORSEWARE
Noble Outfitters
SSG Gloves
UVEX
Parlanti
Equetech

In Chapter 4 and Chapter 14.2, on the basis of types, the Equestrian Apparel market from 2018 to 2029 is primarily split into:

Clothes
Boots
Helmets
Gloves

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Equestrian Apparel market from 2018 to 2029 covers:

Female
Male

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)