The global horse riding apparel market revenue was around US$ 2.7 billion in 2021 and is estimated to reach US$ 4.01 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2022 to 2030.
Horse riding apparel or equestrian gear is the protective clothes used by the horse rider. The complete set of horse riding apparel includes riding boots, helmets, jackets, gloves, and other essential items. The clothing worn while riding a horse gives the rider comfort and safety. Additionally, the equestrian equipment gives the rider a unique appearance, enhancing both the rider's style and the sport's appeal.
Factors Influencing Market Growth
- The expansion of the global horse riding apparel market is driven by investments made by people in leisure sports activities, the opening of new riding clubs and yards, the inclusion of sports in schools and colleges curricula, and rising disposable income.
- Due to growing knowledge of the benefits of sports participation, such as enhanced attention and problem-solving abilities, there has been a rise in expenditure on sports training and development among children, which has fueled the demand for horse riding apparel.
- Another significant factor preventing the growth of the horse riding apparel market is the availability of counterfeit goods.
Study of the COVID-19 Pandemic
The COVID-19 pandemic has caused all factories and manufacturing facilities to close, which had a negative impact on overall production and sales. Additionally, the market for horse riding apparel has steadily grown over the years, but the expansion of the entire sports equipment and apparel business has stopped due to the suspension of all sports and sporting-related activities. As the sports and gaming events have begun and the stadiums and grounds have opened, the market is anticipated to expand steadily.
Regional Insights
Europe dominated the global market in 2021 and it is anticipated that this dominance will continue over the forecast period. In large part due to rising start-ups engaged in the production and selling of clothing for horses, horse riding apparel is anticipated to grow over the projected period.
Leading Competitors
The leading competitors in the global horse riding apparel market are:
- Antares Sellier
- Ariat
- Cavallo GmbH
- Colonial Saddlery
- Decathlon
- Fabtron Inc.
- HKM Sports Equipment GmbH
- Horseware
- Justin Boots
- Kastel Denmark
- Professional's Choice
- Sorel
- Others
Segmentation Analysis
The global horse riding apparel market segmentation focuses on Type, Gender, Distribution Channel and Regions.
Segmentation based on Type
- Clothes
- Boots
o Hunt boots
o Field boots
o Dress boots
- Gloves
- Others
Segmentation based on Gender
- Male
- Female
Segmentation based on Distribution Channel
- Supermarkets and hypermarkets
- Independent sports outlet
- Sports retail chain
- Others
Segmentation based on Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America