Home > Food, Nutrition & Animal Feed > Equestrian Apparel Market
Equestrian Apparel Market size was worth over USD 6 billion in 2022 and will expand at a 5.5% CAGR from 2023 to 2032. Equestrian events such as horse racing have gained immense popularity in the recent past, complementing industry growth. Equestrian sports have been a prominent part of the Olympics for decades.
To get more details on this report: Request Free Sample PDF
Some of the largest horse shows worldwide include Calgary Stampede, The Paris Horse Show, Royal Horse Show, Badminton Horse Trials, Land Rover Kentucky, Devon Horse Show, and London International Horse Show, among others. The increasing popularity of equestrian events across developed countries, and the increasing awareness regarding safety equipment will fuel the demand for equestrian apparel.
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 9.7 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 198 |
Segments covered: | Type, Application, Distribution Channel, and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|
To get more details on this report: Request Free Sample PDF
The COVID-19 pandemic disrupted the equestrian apparel industry significantly. Strict social distancing norms and lockdown regulations shut down social, recreational, and sports events globally. Several equestrian events and popular horse racing shows were forced to cease activities during the pandemic. Moreover, social distancing norms made it difficult to host equestrian shows at full capacity, restricting the demand for equestrian apparel in the wake of the pandemic.
To get more details on this report: Request Free Sample PDF
Several countries with a rich equestrian history and sports such as England are encouraging young horse riders to participate. The UK has some of the best boarding schools that allow every student to use and stable their sports horses on site. Some of the well-known equestrian boarding schools in the UK are the Stonar School, Millfield School, Sidcot School, Bryanston School, and Lucton School, offering world-class equestrian training.
To get more details on this report: Request Free Sample PDF
By type, the equestrian apparel market has been categorized into clothing, gloves, helmets, and boots. Equestrian gloves held a market share of more than 25.5% in 2022. Horse riding gloves are very important for equestrians during riding as well as several other activities, such as grooming and leading. These gloves are specialized for equestrian uses and offer various benefits including warmth, protection, and grip. Gloves help protect hands from possible chafes caused by rubber rein grips. Gloves also help protect riders in case horses pull away and result in injuries due to friction, similar to rope burn. The rising number of equestrian events will spur the demand for horse riding gloves.
Based on application, the market has been segregated as male and female. Female riders accounted for more than 70% share of the equestrian apparel market in 2022. The number of female equestrians has risen notably in the recent past. A large proportion of the female population is actively participating in horse riding events and competitions, propelling the demand for comfortable, stylish, and durable gear. In 2020, women accounted for 70% of the top 20 non-professional National Reigning Horse Association (NRHA).
Asia Pacific equestrian apparel market was valued at USD 6 billion in 2022. APAC countries such as India have a rich equestrian heritage with peaking interest in horse riding events and sports. Several governments are implementing favorable initiatives to promote equestrian sports in the region. For instance, in November 2022, India unveiled its first-ever civilian equestrian cross-country course in Madhya Pradesh to conduct a junior national championship in December. The growing popularity of horse riding will accelerate the demand for equestrian apparel in the APAC region.
Some of the key companies include Decathlon, Horseware, Pikeur., Ingredion Incorporated, Shanghai Goldtex Clothing & Bags Co., Ariat, KEP Italia Srl, Mountain Horse, Noble Outfitters, and TuffRider.
The Equestrian Apparel market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Units and revenue in USD million from 2018 to 2032 for the following segments:
Click here to Buy Section of this Report
By Type
By Applications
By Distribution Channel
By Region