Equestrian Apparel Market Strategies, and Forecast by 2031
The Equestrian Apparel Market size is projected to reach US$ 6.30 billion by 2031 from US$ 3.27 billion in 2023. The market is expected to register a CAGR of 8.5% in 2023–2031. The growing popularity of equestrian sports worldwide, especially in developing nations, drives demand for equestrian apparel. This is driven by rising awareness of horse riding as a luxurious leisure activity, the rising standard of living, and the increasing number of equestrian events.
Equestrian Apparel Market Analysis
The increasing awareness and popularity of equestrian apparel in developing economies are significant contributors to the growth of the equestrian apparel market. As these economies undergo socio-economic advancement, there is rising interest in recreational activities, including horse riding. The burgeoning equestrian culture, marked by the establishment of riding schools and clubs, has created a demand for specialized gear. Moreover, the globalization of fashion trends has led to a heightened appreciation for the elegance and functionality of equestrian attire. As individuals in developing economies become more conscious of fashion and lifestyle choices, the appeal of equestrian apparel extends beyond the practicalities of rising, making it the symbol of style and sophistication. This shift in perception has fueled the market expansion, as consumers in these regions increasingly seek out and embrace equestrian-inspired fashion, contributing to the overall growth of the equestrian apparel market in developing economies.
Equestrian Apparel Market Overview
Equestrian apparel is specialized clothing designed for horseback riding and related activities. It typically includes riding breeches, boots, gloves, helmets, and jackets, all tailored to provide comfort, safety, and functionality while riding. The surging popularity of equestrian apparel can be attributed to several factors. Firstly, a growing interest in horse racing as a recreational and competitive sport has increased the demand for stylish and performance-oriented gear. Additionally, the fashion influence of equestrian attire has been expected beyond the stables, with riders and non-riders alike appreciating these garments' timeless and sophisticated aesthetics. The durability and technical features of equestrian apparel further contribute to its apparel contributing to its appeal, making it not only fashionable but also practical for various outdoor activities.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Equestrian Apparel Market: Strategic Insights
Equestrian Apparel Market
-
CAGR (2023 - 2031)
8.5%
-
Market Size 2023
US$ 3.27 Billion
-
Market Size 2031
US$ 6.30 Billion
Market Dynamics
GROWTH DRIVERS
- XXXXXXX
- XXXXXXX
- XXXXXXX
FUTURE TRENDS
- XXXXXXX
- XXXXXXX
- XXXXXXX
OPPORTUNITIES
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Ariat International Inc
- Cavallo GmbH Co KG
- Charles Owen
- HKM Sports Equipment
- Decathlon
- Ladyhall Ltd
- UVEX
- Kerrits Equestrian Apparel Inc
- Kastel Denmark
- Vestrum Srl
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Product Type
- Topwear
- Bottomwear
Category
- Men
- Women
- Unisex
- Kids
Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Equestrian Apparel Market: Strategic Insights
-
CAGR (2023 - 2031)8.5% -
Market Size 2023
US$ 3.27 Billion -
Market Size 2031
US$ 6.30 Billion
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
Key Players
- Ariat International Inc
- Cavallo GmbH Co KG
- Charles Owen
- HKM Sports Equipment
- Decathlon
- Ladyhall Ltd
- UVEX
- Kerrits Equestrian Apparel Inc
- Kastel Denmark
- Vestrum Srl
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
- Topwear
- Bottomwear
- Men
- Women
- Unisex
- Kids
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retail
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Equestrian Apparel Market Drivers and Opportunities
Increased Sports Consciousness and Health Awareness to Favor Market
The apparel market is expected to experience significant growth due to increased sports consciousness and health awareness. Government and commercial sponsorship of sporting events, especially for young people from developing regions, also contribute to market expansion. Clothing donations from various groups are also fueling growth. Customers can now buy exclusive sports apparel from sporting goods stores and test out products. Horse riding apparel has also experienced rapid expansion due to rising disposable income, population growth, and interest in active lifestyles. Increased accessibility to social media and the internet is expected to drive the equestrian apparel market further.
Growing involvement in equestrian sports worldwide – An Opportunity for Equestrian Apparel Market
The demand for specialized equestrian apparel is rising due to the increasing involvement in equestrian sports, such as show jumping and dressage, worldwide. Riders' fashion preferences are changing, and they are looking for stylish yet functional clothing that provides performance benefits and enhances physical well-being during riding activities, which is propelling market growth. Additionally, the increasing involvement of young people in equestrian pursuits and the establishment of riding schools are driving the demand for entry-level, long-lasting, and affordable riding gear. Brands catering to new riders or offering affordable options are seeing increased sales, further boosting market growth.
Equestrian Apparel Market Report Segmentation Analysis
Key segments that contributed to the derivation of the XYZ Market analysis are type, cause, disorder type, category, and end user.
- Based on type, the Equestrian Apparel Market is segmented into Topwear, Bottomwear, and Others.
- By Category, the market is segmented into Men, Women, Unisex, and Kids.
- In terms of distribution channel, the market is segmented into Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others
Equestrian Apparel Market Share Analysis by Geography
The geographic scope of the Equestrian Apparel Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
Europe dominated the global equestrian apparel market. North America is the second major contributor to the market, and Asia Pacific is expected to grow substantially during the forecast period. The equestrian apparel market in North America is growing due to the increasing popularity of horse riding as a recreational and competitive activity, as well as the influence of equestrian fashion. Events like horse shows and competitions have created a stylish and performance-oriented apparel market. Equestrian apparel appeals to a broader audience due to its classic and refined aesthetics. The emphasis on comfort, safety, and technical features aligns with the active lifestyle of individuals engaging in various outdoor pursuits. This combination of a thriving equestrian culture, expanding fashion appeal, and practicality has led to a notable increase in demand for equestrian apparel in North America.
Equestrian Apparel Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 3.27 Billion |
Market Size by 2031 | US$ 6.30 Billion |
Global CAGR (2023 - 2031) | 8.5% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Equestrian Apparel Market News and Recent Developments
The Equestrian Apparel Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Equestrian Apparel:
- HUGO BOSS expands its portfolio with BOSS Equestrian, a premium equestrian apparel line from BOSS that will be launched in Fall/Winter 2023. The BOSS Equestrian collection will be designed, produced, and distributed by Bold Equestrian Ltd. It will be available worldwide at select premium partners and online at BOSS.com from September 15. The first BOSS Equestrian collection offers a mix of lifestyle fashion and equestrian apparel for men and women, with a focus on functionality, fit, and quality. The collection is complemented by a compact range of horse accessories. The Fall/Winter 2023 collection is available in the BOSS signature colors black, white, and camel. The Spring/Summer 2024 collection will expand the color range. (Source: Hugo Boss, Newsletter, 2023)
- H&M has unveiled a new equestrian sports lab within its conglomerate, through which it will begin offering a contemporary and functional line of apparel for horse riders from autumn. Dubbed ‘All in Equestrian’, a name derived from a famous horse ‘H&M All In’, the brand was described as a “natural continuance” of H&M’s relationship with the equestrian world. Its launch also coincides with the company’s new partnership with Global Champions League (GCL), a show jumping series that All in Equestrian will become the team supplier for in 2024. (Source: H&M, Newsletter, 2023)
Equestrian Apparel Market Report Coverage and Deliverables
The “Equestrian Apparel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Category, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
- Ariat International, Inc.
- Cavallo GmbH & Co. KG
- Charles Owen
- HKM Sports Equipment
- Decathlon
- Ladyhall Ltd
- UVEX
- Kerrits Equestrian Apparel, Inc.
- Kastel Denmark
- Vestrum Srl