About Equestrian Apparel
Equestrian clothing refers to Horse riding apparel, this comprises of several types that cover different body parts. These are characterised for elegance, safety & comfort to its user. People from different age background are indulging in horse riding as an activity with multiple health benefits. Horse riding is expected to derive the market growth for Equestrian Apparel over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Equestrian Apparel market is characterised by high level of competition concentrated in specific regions such as Germany & Italy, key players are in search for potential markets in order to cater to changing consumer taste & preferences in areas like Fashion apparel, the motive to which is safety & comfort. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Decathlon (France), Horseware (Ireland), UVEX (Germany), Pikeur (Germany), Shanghai Goldtex Clothing and Bags Co. (China), Ariat (United States), Noble Outfitters (Australia), GPA (France), Kerrits (Germany) and Mountain Horse (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are KEP ITALIA (Italy), CASCO International GmbH (Germany), Parlanti Roma (Italy), Equetech (United Kingdom) and Devon-Aire (United States).
Segmentation Overview
AMA Research has segmented the market of Global Equestrian Apparel market by Type (Clothes, Boots, Helmets and Gloves), Application (Recreational and Professional) and Region.
On the basis of geography, the market of Equestrian Apparel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Equestrian Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Polyester will boost the Equestrian Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Male will boost the Equestrian Apparel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Greater public investment in leisure sport activities.
Market Growth Drivers:
Increasing participation of individuals in horse riding. and More schools teach, Horse riding as a sport, creating a sentiment from their childhood.
Challenges:
Some Regions have Strict Animal Regulations and don’t allow such Activities like Horse Riding. and Majority Demand for Equestrian Apparel is due to elegant leather goods; countries including India Ban the use of Leather Goods.
Restraints:
Risk of Fatal Injuries, Pricy Apparel & equipment and Most Regions don’t have Infrastructure, Relating to Training & Education.
Opportunities:
Professional Competitive Scenario on Rise.
Market Leaders and their expansionary development strategies
In May 2023, Noble Outfitters, has acquired PS of Sweden, a Swedish equestrian apparel brand known for its stylish and innovative designs. This acquisition is expected to expand Noble Outfitters' portfolio of luxury equestrian brands and enhance its global presence.
In September 2023, Uvex, has launched a new line of body protectors designed to provide maximum protection against falls. The line includes body protectors for both children and adults.
Key Target Audience
New Entrants & Investors, Analysts and Strategic Business Planners, Venture Capitalists, Government bodies, Research and educational institutions, Apparel manufacturers, Suppliers, Traders, Dealers, and Distributors and End Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.