Market Overview:
The Global Horse-Riding Apparel Market size was reasonably estimated to be approximately USD 2,840.40 Million in 2022 and is poised to generate revenue of over USD 4,482.51 Million by the end of 2030, projecting a CAGR of around 5.20% from 2022 to 2030.
The term "horse riding apparel" describes clothing and accessories made especially for riding horses. Whether riders are novices or experts, these garments are designed to offer comfort, protection, and functionality. A correctly fitted helmet is one of the most crucial items of clothing for horseback riding. In the event of a fall or other mishap, a helmet safeguards the rider's head. The helmet must be properly fitted and adhere to safety regulations. Riding boots are yet another essential item of clothing. These are typically tall boots with low heels that support the ankles and aid in keeping the rider in the stirrups. The rider should be able to use the boots for lengthy periods of time without discomfort.
Top Key Players for the Horse-Riding Apparel Market:
Columbia Sportswear (U.S.), Mountain Horse (U.S.), Ariat (U.S.), EQUETECH (UK), Decathlon (France), Horseware (Ireland), Pikeur (Germany), Shanghai Goldtex Clothing & Bags Co. (China), Noble Outfitters (U.S.), GPA (UK), Kerrits (The U.S.), KEP ITALIA (Italy) and Other Major Players
Market Dynamics and Factors for Horse-Riding Apparel Market:
Drivers:
Growing Awareness and Popularity of Equestrian Events
The primary factors anticipated to accelerate market expansion in the ensuing years are the rising consumer awareness of and interest in equestrian activities or house-riding competitions. Due to the status symbol attached to the sport, the majority of customers view horseback riding as a leisure activity, which encourages industry participants to buy protective apparel that meets end-user needs. As more individuals take an interest in horseback riding, they will want the proper attire and gear to take part in these activities.
Opportunities:
Increase in the E-commerce Sector
Over the past few years, equestrian apparel has seen a sharp rise in demand. Throughout the forecast period, the market is expected to grow significantly.
Opportunities for producers and distributors in the equestrian apparel market to offer their goods online have been made possible by the rise of the e-commerce sector. Equestrian apparel manufacturers and suppliers are concentrating on selling their goods on a variety of e-commerce platforms to meet the demands of a wide range of clients throughout the world.
Segmentation Analysis of the Horse-Riding Apparel Market:
By Type, the clothes segment is anticipated to dominate the Market over the Forecast period. When riding a horse is described as requiring clothing, it refers to the attire worn by the riders. Important areas like the knees, chest, back, and elbows are padded for further protection against rough surfaces, and the apparel is frequently made of wool. One-piece skirts or costumes with a shirt and jacket are the two most common types of equestrian clothing.
By Distribution Channel, the Specialty Stores segment is anticipated to dominate the Market over the Forecast period. Specialty stores that focus specifically on horse-riding apparel tend to offer a more extensive and specialized range of products. They understand the needs and preferences of riders, and their staff is often knowledgeable about the technical aspects of the horse-riding kit.
Regional Analysis of the Horse-Riding Apparel Market:
Europe dominated the market with the largest horse-riding apparel market share during the forecast period. The horse-riding equipment business has long been dominated by Europe, and several European nations still hold significant market share currently. The history of several traditional horse-riding sports, like dressage, show jumping, and eventing can be traced to Europe, where these sports' uniforms also developed.
Key Industry Development:
In October 2021, Starting in 2021 with its new spring collection, the American clothing company Tommy Hilfiger will introduce its first equestrian wear line. This includes a variety of competitive dresses for men and women as well as casual equestrian attire for regular horseback riding and training.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA