Enjoy complimentary customisation on priority with our Enterprise License!
The report includes a comprehensive outlook on the equestrian protective clothing market offering forecasts for the industry segmented by End-user, which comprises recreational and professional. Additionally, it categorizes Product into clothing, boots, helmets, and others and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
To learn more about this report, View Sample PDF
Companies are implementing various market growth and forecasting strategies by analyzing factors such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product or service launches, to enhance their presence in the market.
Ariat International Inc. - The company offers equestrian protective clothing products under its brands Eos Moto, Tri Factor X, and Ascent Half.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including Ariat International Inc., CASCO International GmbH, Dainese Spa, Decathlon SA, Devon Aire, English Riding Supply Inc, GPA, Guccio Gucci Spa, Hermes International SA, HKM Sports Equipment GmbH, Horseware Products Ltd., KAVAL INC, KEP ITALIA, Kerrits Equestrian Apparel Inc., Ladyhall Ltd., Mompso, My Breeches ltd., Parlanti International, Ralph Lauren Corp., Shanghai Goldtex Clothing and Bags Co. Ltd., SSG Gloves, Tredstep, Vestrum srl, and UVEX WINTER HOLDING GmbH and Co. KG
Qualitative and quantitative analysis of market growth and trends of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, market growth and forecasting it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, market trends and analysis, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Growing awareness and popularity of equestrian events is a significant challenge hindering market growth. Equestrian or horse-riding events are extremely popular among consumers, especially among affluent consumers who consider horse riding and its events as a leisure time activity that has a status symbol associated with it. There are a large number of horse-rising events around the world, which attract consumers every year. The equestrian events at the Paris 2024 Olympics are set to take place between July 27th and August 6th. In this important sporting event, competitors from all over the world will compete in numerous equestrian disciplines, showcasing their talent and agility.
However, all these events are expected to witness huge masses in attendance and attract more equestrian enthusiasts to buy protective clothing, which, in turn, will increase the sales of equestrian protective clothing, which, in turn, is expected to drive the growth of the market during the forecast period.
A growing number of start-ups for equestrian clothing is an emerging trend shaping the market growth. Due to the growing popularity of equestrian as a sport, especially among elites, and the lack of appropriate equipment in the market, a lot of start-ups have been witnessed in the past decade. For example, Free x Rein, a direct-to-consumer leisure line, was started due to a lack of proper equestrian clothing in the industry. It was started to address female horse riders' biggest issues, including shirts that are available untucked, waistbands that are wide open, and the requirement to wear Spanx underneath the second-skin breeches.
Moreover, the start-up has come up with a range of riding bodysuits and pants that are stylish as well as appropriate for equestrians and are made up of high-tech, performance, and sustainable fabrics. In 2021, Fashion startup Yagya reinvented the equestrian wardrobe. Therefore, due to the entry of several start-ups, the market is primarily expected to witness potential growth during the forecast period.
The risk of severe injuries and fatalities in equestrian sports is a significant challenge hindering the market growth. Though adventure sports, including equestrian, give a great thrill, boosts adrenalin, and helps conquer fear, it can also result in grave injuries and accidents. The high degree of injuries and fatal accidents associated with such activities has become one of the pertinent factors in restricting the growth of the global adventure tourism market, including the equestrian protective clothing market. Also, people who suffer from tachophobia, a fear of speed, hinder the market's growth because the fear of speed restricts them from trying such adventure activities.
Moreover, some of the reasons for exhaustion include depletion of muscle fuels, accumulation of metabolic by-products, low blood glucose, muscular cramps, microtrauma, and central fatigue. Also, many insurance companies have limited coverage for injuries incurred during hard adventure sports. Together, these factors serve as challenges to the growth of the global adventure tourism market, including the market during the forecast period.
Get a detailed analysis of drivers, trends, and challenges Request Free PDF Sample !
The market share growth by the recreational segment will be significant during the forecast period. The recreational end-user segment drives significant growth in the global equestrian protective clothing market. Equestrian enthusiasts who participate in recreational horseback riding prioritize safety and comfort, which leads to an increase in demand for protective apparel. Specialized riding helmets, bodyguards, and high-quality riding gloves are examples of products catering to this segment. The recreational segment was the largest and was valued at USD 1,883.23 million in 2018. Innovative protective apparel made for recreational riders is available from companies such as Ariat with an emphasis on both safety regulations and stylistic preferences. As the popularity of recreational equestrian activities grows globally, as does awareness of the importance of rider safety, the global equestrian protective clothing market is experiencing a surge in demand from the recreational segment, forming a positive market scenario for sustained growth for the recreational segment. Such factors are expected to drive the growth of the market during the forecast period.
To gain further insights on the market contribution of various segments Request a PDF Sample
Based on product, the market has been segmented into clothing, boots, helmets, and others. The clothing?segment will account for the largest share of this segment.?
North America is estimated to contribute 35% during the forecast period.
For more insights on the market share of various regions Request PDF Sample now!
Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The market in Europe is mainly driven by a large number of emerging tourist destinations and the availability of some of the best equestrian spots in the world. With the increasing number of working women in the total labour force in Europe, the market is expected to grow at a significant rate. The popularity of equestrians has witnessed a glorious revival in the region since the end of World War II. The region offers several opportunities for riders who like to ride for weeks in beautiful spots. The region has better instructors and phenomenal schoolmasters to make the horse-riding programs a better opportunity to encourage more riders.
In addition, the sales of several adventure sports products, including equestrian protective clothing, declined in the region during the economic crisis because people considered such products as non-essential products during that period and relied on normal lifestyles. However, the economic recovery has increased the income levels of people in the region, which, in turn, has led to a rise in the sales of such products, including equestrian protective clothing. These factors drive the growth of the regional market during the forecast period.
Equestrian Protective Clothing Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2023 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.38% |
Market growth 2024-2028 |
USD 492.62 million |
Market structure |
Fragmented |
YoY growth (%) |
3.13 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 35% |
Key consumer countries |
US, Australia, UK, France, and Germany |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Ariat International Inc., CASCO International GmbH, Dainese Spa, Decathlon SA, Devon Aire, English Riding Supply Inc, GPA, Guccio Gucci Spa, Hermes International SA, HKM Sports Equipment GmbH, Horseware Products Ltd., KAVAL INC, KEP ITALIA, Kerrits Equestrian Apparel Inc., Ladyhall Ltd., Mompso, My Breeches ltd., Parlanti International, Ralph Lauren Corp., Shanghai Goldtex Clothing and Bags Co. Ltd., SSG Gloves, Tredstep, Vestrum srl, and UVEX WINTER HOLDING GmbH and Co. KG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.