Global Horse-riding equipment Market: Market Segmentation: By Product Type (Equine Equipment and Rider Equipment); By Distribution Channel (Supermarkets and Hypermarkets, Specialty Ѕtоrеѕ, Оnlіnе Rеtаіlеrѕ and Оthеrѕ) and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Equipment required for horse-riding are known as horse tacks which include saddles, headgear, stirrups, halter, bridles, harness etc. These accessories are required to use horses as domesticated animals and develop a communication with them. Riders use saddles as a seat placed on the horse’s back ensuring that the horse and rider both are comfortable. Stirrups are placed on both sides of the saddle to provide support to the rider’s feet.
Global Horse-riding equipment market is expected to project a notable CAGR of XX.X% in 2030.
Global Horse-riding equipment market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX.X% throughout the forecast period, i.e. 2019-30. Global Horse-riding equipment market is expected to observe a growth in future owing to rising trend of consumers engaging in recreational activities to maintain fitness and to efficiently utilize free time in the fast pace moving lifestyle.
Global Horse-riding equipment Market: Segments
Rider equipment segment to grow with the highest CAGR of XX.X% during 2019-30
Global Horse-riding equipment market is segmented by type into Equine Equipment and Rider Equipment. Rider equipment data logger segment held the largest market share of XX.X% in the year 2018 and is expected to dominate the global market throughout the forecast period. Rider equipment include all the safety accessories as well as riding breeches, jackets or gilets used by the rider for horse-riding. Whereas, equine equipment segment includes saddles, headgear, stirrups, halter, bridles, harness etc. required to communicate and ride the horse. Rising concerns for safety measures among the populace increases the demand for rider equipment segment.
Rise in the Adoption rate of Horse-riding activity
Horse-riding leisure activity for many along with some health benefits has seen a substantial rise in the rate of adoption by consumers following the influencers sharing horse-riding pictures/videos on their social media handles has triggered the growth of the horse-riding equipment market.
High Costs and Risk factors
Higher costs are associated with horse-riding activity along with risk factors that may occur while performing horse-riding such as chances for physical injuries while performing the activity which demotivates the consumer to opt for horse-riding as a sport or leisure activity which in turn may act as a restraint for the global horse-riding equipment market.
Global Horse-riding equipment Market: Regions
Global Horse-riding equipment market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Horse-riding equipment market in Europe held the largest market share of XX.X% in the year 2018. With the experience of years in breading, training and competing UK has dominated this sport, with presence of large numbers of clubs and fitness enthusiasts in the region the demand for horse-riding equipment will rise and will continue to maintain its dominance throughout the forecast period. North America has also observed a rise in participation of enthusiasts in the sport and rise in number of clubs leading to a rise in the demand followed by APAC and MEA.
Global Horse-riding Market: Key Players
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Аrіаt Іntеrnаtіоnаl
• Саvаllо GmbН
• НКМ Ѕроrtѕ Еquірmеnt
• Веvаl Ѕаddlеrу
• Аntаrеѕ Ѕеllіеr
• Ноrѕеwаrе Рrоduсtѕ
• Fаbtrоn Іnс
• Ѕhаnghаі Gоldtех Сlоthіng & Ваgѕ
• Other Prominent Players
Global Horse-riding equipment market report also contains analysis on:
• Horse-riding equipment Market Segments:
o By Type
o By Distribution Channel
Supermarkets and Hypermarkets
• Horse-riding equipment Market Dynamics
• Horse-riding equipment Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints