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

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

A horse blanket is a blanket or animal coat primarily intended for shielding horses from varying weather conditions and climates or other elements. The blanket will help to regulate horse body temperature and maintain a healthy condition. They are tailored to fit around a horse's body from chest to rump, with straps crossing underneath the belly to secure the blanket yet allowing the horse to move about freely.

Market Overview:

The latest research study on the global Horse Blanket market finds that the global Horse Blanket market reached a value of USD 495.71 million in 2022. It’s expected that the market will achieve USD 608.83 million by 2028, exhibiting a CAGR of 3.49% during the forecast period.

Under the public background of the COVID-19 crisis, the industry is being affected by COVID-19. It is currently impossible to accurately predict the degree of control of this epidemic in various countries, and it is impossible to predict whether it will function normally for long-term economic activities.

However, historical data shows that the impact of natural disasters on the macro economy is usually short-term, and the economy often shows a V-shaped trend. Affected by the disaster and market sentiment, the economic growth rate usually drops sharply in a short period of time, but as the disaster is gradually controlled, the market sentiment returns to stability, and the temporarily suppressed consumption and investment needs will be released, resulting in Economic rebound. The outbreak of the epidemic will have a significant impact on enterprises and individuals within a certain period of time, especially on small and medium-sized enterprises and low-income families. It is necessary for the government to take targeted financial and monetary measures to help all walks of life together.

Numbers of horses

Horses play a huge role in human culture, used for recreational activities, sports and work purposes. Equestrian sports, such as show jumping and dressage, focus on control and balance between horse and rider, while work roles include mounted police units and search and rescue teams. And the protective effect that horse blankets have on horses has led many breeders who take great care of their horses to purchase horse blankets. The demand for horse blankets is largely influenced by the number of horses, and more horses mean that the need for horse blankets will also increase. According to the FAO, the number of horses in the UK and the US has been on this growing trend from 2013 to 2018. As major countries in the equine industry, the rising number of horses will drive the demand for horse blankets in the market.

Popularity of horse racing

As part of the equine industry, the development of horse blankets is closely related to the equine industry. One of the main reasons for the high contribution of the equine industry to the economy is horse racing. The horse racing industry has millions of spectators all over the world and this has been preserved for hundreds of years. Horse racing is a sport that is loved by bettors and sports fans alike and shows no signs of slowing down. As one of the oldest sporting events in the world, it has gained worldwide popularity. Horses have to undergo a lot of training and careful care to ensure that they excel. In an increasing number of areas, horse racing is a legal sports bet and the prize money is usually larger than other sporting events. The Equine Industry's contribution to the economy has led to an increase in interest and resources in developed areas of the equine industry, including companies providing horse blankets. The increase in the number of equestrians, the increase in the number of horses, the acquisition of new equipment and the replacement of equipment creates a constant demand for horse blankets.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects.

Company Overview:

WeatherBeeta is one of the major players operating in the Horse Blanket market, holding a share of 8.76% in 2022.

WeatherBeeta

Weatherbeeta is the world largest supplier of equestrian goods, owning and distributing a range of leading brands including WeatherBeeta, Dublin, Roma, Saxon, Korsteel, Kincaid and Collegiate. They also have a strong and growing dog accessories business.

Horseware

Horseware retails products for horses, dogs, kids, and people. The Company offers horse coats, bridles, dog beds, dog coats, and accessories. Horseware Products also offers men, women and children's shirts, coats, and riding accessories.

Segmentation Overview:

Among different product types, Rain Sheets segment is anticipated to contribute the largest market share in 2027.

Rain Sheet

A rain sheet is made of waterproof fabric and may be lined with a thin cotton-like lining. The purpose of the rain sheet is to keep the horse dry in wet weather.

Turnout Blanket

Turnout blankets provide warmth and protection from rain to the horse while outside. They come in a variety of weights and fills, and should be waterproof.

Cooler

Coolers are usually made from fleece or wool that draws moisture away from the skin while trapping heat, helping regulate the horse temperature and prevent it from dropping too rapidly while he is cooling down.

Stable Blanket

Stable blankets are most frequently used to cover horse while he or she is out of the elements inside the stable, barn, or stall. They are available in a wide range of weights specific to horse and the temperature. Since these fitted blankets are designed for indoor use, most are not waterproof.

Quarter Sheet

Quarter Sheets usually made of fleece or wool, quarter sheets are designed to cover horse hindquarters and wrap up under the saddle flaps while the horse is being ridden. They keep the horse's large muscles warm and covered during cold weather.

Application Overview:

By application, the In-store segment occupied the biggest share from 2017 to 2022.

Online

Horse blanket online store is where consumers can find horse blankets of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. When the order is delivered to the seller, the seller processes the order accordingly and delivers the goods or services through online shipping or offline shipping, i.e. logistics delivery.

In-store

Horse blanket in-store are stores that sell horse blankets through a storefront location in-person. Unlike online retailers, they generally permit patrons to try on products prior to purchase and may offer professional fitting services.

Key Companies in the global Horse Blanket market covered in Chapter 3:

Centaur
Tough-1
Derby Originals
Shires Equestrian
Integrity Linens
Premier Equine
Back on Track
Loveson
Horseware
Bucas
Big D Products
WeatherBeeta
Hilason Corporation
Intrepid International
HorZe

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

Rain Sheet
Turnout Blanket
Cooler
Stable Blanket
Quarter Sheet

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

Online
In-store

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)