Global Equestrian Apparel Market 2023-2030

Global Equestrian Apparel Market 2023-2030

Global equestrian apparel market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The equestrian apparel market's rapid development is due to rising discretionary income, a growing population, and a growing desire for a busy lifestyle. Increased online and social media accessibility will also raise knowledge of equestrian sports. This is anticipated to drive the global equestrian apparel market during the forecast period. Another element that can boost revenue in this industry is an ageing populace with more discretionary income to spend on luxuries like sporting activities or associated tools. Companies have mentioned the availability of named goods as one of the reasons for their investment in this sector, emphasizing that customers seek up these names when they want quality accessories. In addition, the goal of donning equestrian clothing was to provide riders with protection and comfort; however, equestrian clothing can also serve as a fashion icon for both riders and non-riders.

Segmental Outlook

The global equestrian apparel market is segmented based on the type, application and distribution channel. Based on the type, the market is segmented into clothes, helmets, boots, gloves, and others. Further, on the basis of application, the market is sub-segmented into male and female. On the basis of distribution channel it is sub-segmented into online and offline. Among the application segment, the female sub-segment is expected to cater prominent market share over the forecast period owing to high demand for horse riding and especially considered as feminine sport.

Regional Outlooks

The global equestrian apparel market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. By region, North America witnessed the largest share in the equestrian market. The product demand in the region owing to rising awareness about horse riding and the increasing standard of living of the population to adopt this luxurious leisure activity, the US is the top contributor.

Market Players Outlook

The major companies serving the global equestrian apparel market includes Ariat, Columbia Sportswear, Decathlon, EQUETECH, GPA, Horseware, KEP ITALIA, Kerrits, Mountain Horse, Noble Outfitters, Pikeur, Shanghai Goldtex Clothing & Bags Co., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global equestrian apparel market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.