Global Horse Riding Equipment Market Report to 2030 - Featuring Colonial Saddlery, Dainese, Decathlon and Fabtron Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Horse Riding Equipment Market By Type, By Gender, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global horse riding equipment market was valued at $1,975.0 million in 2020, and is projected to reach $2,750.0 million by 2030, registering a CAGR of 3.4% from 2021 to 2030.

Horse riding equipment also called equestrian equipment include protective clothing used by the horse rider. The horse riding equipment set comprises riding boots, riding jackets, helmets, gloves, and other necessary gears. Horse riding equipment provide comfort and protection to the rider.

The horse riding equipment industry is rapidly evolving, owing to increase in adoption of emerging sports technologies and the latest trends among youth population. Introduction of innovative products are the medium for manufacturers to sustain in the competitive market, attract new consumers, and cater to the requirements of existing consumers. Increase in fan base of popular sport events such as Olympics, horse riding tournaments, and others, fuels the demand for horse riding equipment, which drives the growth of the market.

Moreover, rise in popularity of sport and fitness activities among the youth propels the overall market growth. However, increase in preference for indoor activities such as playing video games and rise in use of smartphones among youth due to an increase in internet penetration adversely hinder the market growth. In addition, proclivity of consumers toward other leisure activities such as virtual reality gaming, watching movies, live music shows, and others, restrains the growth of the horse riding equipment industry.

The outbreak of the COVID-19 pandemic has negatively affected the growth of the horse riding equipment market. Moreover, the horse riding equipment market was experiencing a steady rise in past years; however, due to halt of all sports and sporting related activities, the growth of the whole sports equipment and apparel market has come to a halt.

Key Benefits For Stakeholders:

• The study provides an in-depth analysis of the global horse riding equipment market with current and future trends to elucidate the imminent investment pockets in the market.
• Current and future trends are outlined in the report to determine the overall market attractiveness and single out profitable trends to gain a stronger foothold in the market.
• The report provides information regarding drivers, restraints, and opportunities with impact analysis.
• A - Quantitative analysis of the current market and estimation for the same from 2019 to 2028 is provided to showcase the financial competency of the market.
• Porter's five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
• Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
• Competitive intelligence highlights business practices followed by leading market players across various regions.

Key Market Segments

By Type

• Helmets
• Vests
• Stirrup
• Others

By Gender

• Male
• Female

By Sales Channel

• Hypermarket and supermarket
• Independent Sports Outlet
• Sports Retail Chain
• Others

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Spain
• Italy
• Russia
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Malaysia
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Nigeria
• Saudi Arabia
• South Africa
• Rest of LAMEA

Key Market Players

• Antares Sellier
• Ariat International, Inc
• Cavallo GmbH and Co. KG
• Colonial Saddlery
• Dainese
• Decathlon S.A,
• Fabtron Inc
• Georg Kieffer Sattlerwarenfabrik GmbH
• HKM Sports Equipment GmbH
• Mountain Horse

For more information about this report visit https://www.researchandmarkets.com/r/ehpcbr