The global horse riding equipment market size is poised for steady growth for the forecast period. This sector has been driven by many growth parameters, showcasing a valuation of USD 2,279.4 million in 2024 from USD 2,189.6 million in 2023. Horse riding equipment market forecast shows sustained expansion with doubled numbers of USD 3,406.7 million by 2034, with a CAGR of 4.1% through 2034.
Awareness of risk associated with horse riding grows; riders are investing in certified helmets, protective vests, and specialized footwear to minimize risk. This has propelled the demand for horse-riding equipment. Growth of the horse riding equipment market in developing regions has been spurred by stringent safety regulations and a growing number of equestrian events.
Manufacturers respond to this demand by investing in advanced materials and design features to enhance safety and performance. Plus rise in e-commerce platforms has made it easier for riders to access a wide range of safety gear. Also, these growth parameters fuel growth.
| Attributes | Description |
|---|---|
| Estimated Global Horse Riding Equipment Market Size, (2024E) | USD 2,279.4 million |
| Projected Global Horse Riding Equipment Market Size, (2034F) | USD 3,406.7 million |
| Value-based CAGR (2024 to 2034) | 4.1% CAGR |
Leading horse riding equipment brands and manufacturers are integrating technology for improved safety (e.g., airbag vests) or performance monitoring. Horse riding equipment market share analysis of key players shows nascent growth with innovations and variation according to rider’s needs.
Competitive strategies and marketing trends in the horse riding equipment industry continue to grow and innovate, with stakeholders attuning to running trends.
Expansion of equestrian sports and recreational riding activities have been propulsion to development. Across the globe, growing participation in disciplines like show jumping, dressage, trail riding, and evening have created strong requirements for tailored equipment.
Also, increasing urbanization and spendable incomes in emerging economies are driving the popularity of equestrian tourism and leisure activities. These trends present opportunities for manufacturers and key companies to cater to needs and innovate products for global riders.
Sustainability and ethical considerations are also key factors influencing purchasing decisions. Growing awareness of environmental issues and minimal cruelty concerns is seeking out eco-friendly and cruelty-free alternatives to traditional leather products.
Thus, consumer shift is promoting manufacturers to explore sustainable materials like recycled plastics, organic cotton, and vegan leather in products. Companies are aligning with these sentiments and adopting transparent supply chain practices to stand out and gain a competitive edge in the industrial view.
The launch of premium brands and expansion of sales channels have augmented development in this sector. The specialty stores segment is projecting to remain at the forefront in horse riding equipment supplies. Fashion has been a focal point of the booming horse-riding equipment industry.
Brands such as USA Polo led the fashion dynamic in the horse riding sphere. From t-shirts, team jerseys, boots, and other products, the company has made itself synonymous with sport.
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The below table presents the expected CAGR for the global horse-riding equipment market over several semi-annual periods spanning from 2024 to 2034. First half (H1) from 2019 to 2023, the sector is seen to have growth of CAGR 3%, followed by growing numbers of 4.4% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 3% (2019 to 2023) |
| H2 | 4.4% (2019 to 2023) |
| H1 | 3.9% (2024 to 2034) |
| H2 | 4.3% (2024 to 2034) |
Moving forward to the subsequent period from H1 2023 to H2 2034, the CAGR is foreseen to surge from 3.9% in the first half to 4.3% in the second half.
Growing Popularity of Equestrian Sports and Increasing Participation
More people are engaging in competitive and recreational riding activities. There is a corresponding increase in the need for high-quality saddles, bridles, protective gear, and riding apparel.
This trend is particularly evident in regions with established equestrian cultures, as well as emerging industries where equestrian sports have gained traction. Thus, increasing participation and popularity of this sport have generated sales of horse riding investments.
Safety Concerns and Technological Advancements in Fabrics Used
Greater emphasis on safety equipment has driven demand for certified helmets and other safety gear. Riders are increasingly prioritizing products that offer enhanced protection without compromising comfort and performance. Manufacturers are responding to this demand by investing in research and development to create innovative safety solutions.
Innovations like helmets with advanced impact absorption technology and lightweight, breathable fabrics for protective vests have gained popularity and increased sales. These parameters have contributed to the development of this sector.
Expansion of Equestrian Tourism and Leisure Riding
Urbanization and lifestyle changes with spending capacities have encouraged more people to seek out outdoor recreational activities like horseback riding. Equestrian tourism destinations offer opportunities for riders to explore scenic trails, participate in guided rides, and experience horse culture in different regions. These experiences have raised the requirements for raising equipment.
Technological Advancements in Design
With technological advancements from material science to product design, manufacturers are leveraging technology to create more durable functional, and aesthetically appealing products. Advanced materials like synthetic fibers, breathable fabrics, and lightweight polymers are being incorporated into riding gear to improve performance and durability.
Demand for custom-made or personalized horse riding equipment has also been popular with technological advancements. The craze among fans and rider groups of teams and the same jerseys has generated a big demand for this equipment.
Horse Riding Equipment Market Challenges and Restraints
Despite numerous opportunities, this industry also faces several challenges. Increasing competition from low-cost manufacturers in emerging industries, fluctuating raw material prices, supply chain disruptions, and regulatory complexities can impact manufacturing costs and profitability.
Maintaining product quality, safety standards, and brand reputation in a competitive landscape requires continuous investment in research. Addressing all these challenges while capitalizing on growth opportunities is crucial for sustained success.
Principal Consultant
The global horse riding equipment market was registered at a CAGR of 3.7% from 2019 to 2023, with a valuation of USD 1893.4 million in 2019. The sector faced many hurdles with the pandemic and the affordability of this equipment. Manufacturers faced huge problems in raw material costs and availability. Also, many major companies lack customers to depend on.
Increasing participation in horse riding as a result of social media influencers strengthens the revenue streams of this sector. Impact of social media influencers on equestrian fashion and equipment choices doubled the sales of this sector. The visibility of brands and marketing strategies hold significant pat with the onset of social media.
This change in scenario also shaped the balance of this sector. Social media fame, collaborations, and huge responses raised bars for the common populace, and this spurred the rise of second-hand marketplaces for horse riding equipment catering to affordability and accessibility to all people.
With huge demand and growing sales channels than ever before, the industry shows a gradual rise in development scale. The industry is now estimated to report a CAGR of 4.1% from 2024 to 2034. Customization and depersonalization also created a new era for this sector.
As demand for luxury and premium products heightened and expanded the landscape to a broader range. Innovations and the integration of modern technology have also benefitted the development of this landscape in the last few years.
Tier 1 companies are renowned for their high-quality products, innovative designs, and commitment to rider safety and comfort. Also, they hold a significant global presence in the horse riding equipment industry. With an extensive distribution network and strategic partnerships, they have established themselves as leaders in the industry.
Plus, their participation in major equestrian events, sponsorship of top riders, and consistent investment in research and development contribute to their continuous expansion and influence in the global landscape. Prominent companies in Tier 1 are Ariat International, Horseware Ireland, WeatherBeeta, Pessoa, and Charles Owen.
Tier 2 companies are also making notable strides in the global horse-riding equipment sector. They are not as exciting as tier 1, but they offer a wide range of quality products at competitive prices, appealing broad spectrum of riders.
These companies often focus on specific niches or segments within the sector. They leverage their expertise to meet the diverse needs and preferences of riders. Tier 2 companies include Kerrits, Dublin, Tredstep Ireland, Troxel, and Shires Equestrian Products.
Tier 3 companies are carving out their place in this industry, facing stiff competition from larger brands. Still, they differentiate themselves through specialization in unique products or innovative solutions. These companies often prioritize customer stratification, product quality, and durability, earning customer loyalty.
Through targeted marketing campaigns, collaborations with equestrian -professionals, and adaptation to emerging trends, they continue to survive. Tier 3 companies are Cashel Company, EquiFit, Back on Track, Weaver Leather, and Professional’s Choice.
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India, China, Australia, Germany, and the United States are countries expanding in the horse-riding equipment market globally. Below mention are the CAGRs of these countries and recent developments and growth factors.
Asian and European countries hold historical associations with horse riding culture. Also, technological advancement and the adoption of sustainability trends in usage of material for horse riding equipment have shaped the development of this landscape.
| Countries | CAGR from 2024 to 2034 |
|---|---|
| India | 8.4% |
| China | 7.3% |
| Australia | 6.9% |
| Germany | 4.3% |
| United States | 3.8% |
India has cultural significance in horse riding. Indian landscape has seen an uptick in the establishment of riding schools, clubs, and equestrian events. This has driven demand for quality horse riding equipment. Government initiatives to promote sports and recreational activities have also played a notable role in boosting the equestrian sector.
Also, the rise of social media and digital platforms has made question sports more accessible and appealing to young audiences. This expansion has triggered the Indian horse riding equipment market with an estimated CAGR of 8.4% through 2034.
Indian brands such as Rider’s Own, Royal Sports, and Riders International have gained recognition for producing durable and competitively priced equipment.
These brands are leveraging India’s skilled craftsmanship and extensive leather industry to produce premium products. This approach and developments are appealing both domestically and internationally, making India hold a leading position in this industry.
Australia’s favorable c, climate, extensive rural areas, and strong tradition in horse breeding and racing have fostered a robust equestrian community. Australia has noticed a notable CAGR of 6.9% from 2024 to 2034, with an increasing number of equestrian events like show jumping, dressage, and endurance riding.
This has heightened the demand for high-quality riding equipment. Australia holds strong government support and private investments in equestrian sports essential for the country’s development. Also, Australian riders have success rates on international stages; this has increased parallel demand for premium and specialized riding gear, meeting international standards.
Economic stability and disposable income contribute to the ability of American consumers to invest in high-quality gear. Growing awareness of safety standards and the adoption of advanced materials and technology in equipment design have spurred the growth of the horse-riding equipment industry in the United States.
The United States is estimated to report a CAGR of 3.8% through 2034. Several prominent brands are leading the United States horse riding equipment landscape. Companies like Ariat, Dover Saddlery, and Tipperary Equestrian are well-known for their high-quality products and innovative designs. For example, Ariat is renowned for its advanced footwear technology.
Helmets, vests, stirrups, saddles, halters, bridles, accessories, and other products are segmented in the horse riding equipment sector. Helmets are most asked and essential among these, holding vital significance in riders' safety. Also, this segment is distributed to wooden, metal, plastic, leather, and other material types for making this equipment.
Leather, with its equestrian tradition value and continuous innovation in leather treatment and maintenance, is ensuring its dominance. The below data represents the share value and running trends and growth parameters of these segments.
Riding helmets are designed to protect riders from head injuries, the most common and severe injuries in equestrian sports. Increasing awareness of safety standards and implementation of stringent regulations by equestrian organizations and riding schools have significantly boosted helmet sales.
These regulations often mandate the use of certified helmets during both competitive and recreational riding. This is leading to a steady demand for helmets. Thus helmets have covered a value share of 27.1% for 2024.
| Segment | Helmets (Product) |
|---|---|
| Value Share (2024) | 27.1% |
Advancements in helmet technology, like improved impact absorption material, better ventilation systems, and enhanced comfort, have made helmets more appealing to riders. This is further propelling growth. Also, the popularity of helmets in the horse riding equipment industry is influenced by rising participation in equestrian sports globally.
Equestrian activities demand gear that can withstand rigorous use and exposure to elements, and leather’s inherent strength and resilience make it the preferred choice. Leather products like saddles, bridles, and boots offer the perfect blend of flexibility and firmness.
This provides both rider and horse with the necessary support and comfort. Plus, leather molds to the rider’s and horse’s contours over time. This enhances fit and performance. Leather material is thus the ideal choice for gaining popularity and having a legacy, making an impressive value share of 39.3% for 2024.
| Segment | Leather (Material Type) |
|---|---|
| Value Share (2024) | 39.3% |
Longevity of leather products makes them a cost-effective investment. This holds a solidifying effect on the popularity of this leather-made horse riding equipment industry. Preference for leather in this industry is load-driven by its aesthetic and cultural significance.
Leather has a longstanding association with equestrian traditions, symbolizing craftsmanship and heritage. This appeals to both competitive riders and enthusiasts. Tus luxurious look and feel of leather convey a sense of prestige and quality, spurring industrial success.
Manufacturers are focused on craftsmanship with modern technology. This ensures both aesthetic appeal and functional excellence. Riders are increasingly preferring customizable and ergonomic equipment that can be tailored to their needs.
Thus, major brands are continuously innovating and improving their offerings. Also, key companies are expanding their product lines and enhancing their online presence to reach a broader audience. Brands are focusing on incorporating ergonomic design with sustainable materials to reach international safety standards.
Industry Update
Helmets, vests, stirrups, saddles, halters, bridles, accessories, and other products are segmented in the horse riding equipment market.
Mass and premium are two price ranges in this industry.
The segment is distributed to wooden, metal, plastic, leather, and other material types.
The sector is subdivided into equine and rider equipment.
Male, female, and kids are trifurcated categories of this landscape.
The horse riding equipment id divided into amateurs and professional end users.
Hypermarkets or supermarkets, independent sports outlets, sports retail chains, franchised sports outlets, direct-to-consumer online channels, direct-to customer institutional channels, modern trade channels, and third-party online channels are sales channels of this sector.
A regional analysis has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.
Industry is set to reach USD 2,279.4 million in 2024.
The valuation is expected to reach USD 3,406.6 million by 2034.
Industry is set to register a CAGR of 4.1% from 2024 to 2034.
Helmets, with a share of 27.1% in 2024.
India is expected to progress at a CAGR of 8.4% through 2034.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Product
6.2. Equipment Type
6.3. End User
6.4. Sales Channel
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
7.1. Helmets
7.2. Vests
7.3. Stirrups
7.4. Saddle
7.5. Halters
7.6. Bridles
7.7. Others
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Equipment Type
8.1. Equine Equipment
8.2. Rider Equipment
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User
9.1. Amateurs
9.2. Professionals
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Sales Channel
10.1. Hypermarket/Supermarket
10.2. Independent Sports Outlet
10.3. Sports Retail Chain
10.4. Online Retail
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
11.1. North America
11.2. Latin America
11.3. Western Europe
11.4. South Asia
11.5. East Asia
11.6. Eastern Europe
11.7. Middle East & Africa
12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
19. Sales Forecast 2024 to 2034 by Product, Equipment Type, End User, and Sales Channel for 30 Countries
20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
21. Company Profile
21.1. Colonial Saddlery
21.2. Dainese
21.3. Georg Kieffer Sattlerwarenfabrik GmbH
21.4. Decathlon
21.5. Cavallo GmbH
21.6. Antares Sellier
21.7. Fabtron Inc.
21.8. Mountain Horse
21.9. HKM Sports Equipment
21.10. Charlie1Horse
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Horse Riding Equipment Market
