Equestrian Equipment Market Scope
Equestrian Equipment are necessary products required for equestrians. These are characterized for elegance, safety & comfort to its user. People from different age backgrounds are indulging in horse riding as an activity with multiple health benefits. Horse riding is expected to derive the market growth for Equestrian Equipment over the forecast period.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Equestrian Equipment market throughout the predicted period.
Horze-Equestrian (Finland), Gems International (India), Akash International (India), Bates Saddles (Australia), Amerigo saddle (Switzerland) and Berney Brothers (Ireland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Beval Saddlery (United States) and Borne Saddlery (United States).
Segmentation Overview
The study have segmented the market of Global Equestrian Equipment market by Type (Saddles and accessories, Bridles & Attachments, Halters, Bits, Blankets, Protection Boots & Wraps, Hoods and Stirrups) and Region with country level break-up.
On the basis of geography, the market of Equestrian Equipment 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).
Influencing Trend:
Upsurging Online Distribution Channels Globally
Market Growth Drivers:
Rising Popularity of Horse Riding Games by Individuals and Increasing Number of Horse Riding Events in Developed Countries
Challenges:
High Prevalence of Counterfeit Products
Restraints:
Pricy Apparel & Equipment and Most Regions don’t have Infrastructure, Relating to Training & Education
Opportunities:
Adoption of Newer Technologies for Product Enrichment
Market Leaders and their Expansionary Development Strategies
In March 2022, Dainese Group was acquired by the Carlye Group which is global investment firm Carlye Group will support Dainese Group in international business expositions through investment in direct to consumer .
In December 2021,The Centre Line, experts in equestrian equipment, have just launched the first horse friendly training rein into the UK, made by Danish company ‘Scharf’. Brand new to the market, the Scharf Freedom Soft Reins are an ingenious aid and an entirely new concept designed for and focused on horse welfare.
Key Target Audience
Manufacturers of Equestrian Equipment, Suppliers of Equestrian Equipment, Wholesalers, Distributors, and Retailers of Equestrian Equipment, Raw Material Providers, End-User and Governmental bodies
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.