Equestrian Equipment Market Trends is Electrifying Growth Cycle: Colonial Saddlery, Dainese, Fabtron
The Equestrian Equipment Market encompasses the production and sale of gear and accessories used in horse riding and equestrian sports, including riding apparel, horse tack, stable equipment, training aids, and healthcare products for horses.
Some of the key players profiled in the study are Colonial Saddlery (Australia), Dainese (Italy), Georg Kieffer Sattlerwarenfabrik GmbH (Germany), Decathlon (France), Cavallo GmbH (Germany), Antares Sellier (France), Fabtron Inc. (United States), Mountain Horse (Sweden), HKM Sports Equipment (Germany), Charlie1Horse (United States).
According to HTF Market Intelligence, the Global Equestrian Equipment market to witness a CAGR of 4.12% during forecast period of 2024-2030. Global Equestrian Equipment Market Breakdown by Type (Helmets, Vests, Stirrup, Others) by Material (Wooden, Metal, Plastic, Leather, Others) by Equipment Type (Equine Equipment, Rider Equipment) by Price Range (Mass, Premium) by Gender (Male, Female) by Sales Channel (Hypermarket and supermarket, Independent Sports Outlet, Sports Retail Chain, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 2200 Million.
Market Trends:
- The incorporation of electronics into equestrian gear is one noticeable trend.
- To ensure the well-being and protection of riders during equestrian activities, manufacturers are concentrating on developing cutting-edge safety features.
Market Drivers:
- One key driver is the rising appeal of horse sports and pursuits.
- The demand for high-quality and ethically sourced equestrian equipment has been fueled by increased awareness of animal welfare issues.
Market Challenges:
- The high price of high-quality equestrian equipment is one of the primary challenges.
- The relatively limited client base and niche nature of the equestrian sector present difficulties for market penetration and development.
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