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Equestrian Equipment Market Trends

Report ID: GMI8111
Published Date: Feb 2024
Report Format: PDF

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Equestrian Equipment Market Trends

One of the notable trends shaping the equestrian equipment market is the integration of equine wearables. Equine wearables, including smart sensors and monitoring devices designed for horses, have gained prominence in the industry. These innovative technologies offer real-time insights into the horse's health, performance, and well-being. For instance, in 2022, Equestic a brand of smart horse technologies introduced Saddle Clip. The Equestic SaddleClip is an equine motion sensor that analyzes your horse’s movements to give you detailed information about his rhythm, impulsion, and symmetry. These insights help consumer customize their training plan to suit their horse, minimize injury by picking up on irregularities in their horse’s gaits and monitor his progress.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Equestrian equipment industry size was USD 11 billion in 2023 and is expected to register over 4.3% CAGR from 2024-2032 owing to the increasing participation in recreational and leisure activities, as more individuals seek outdoor pursuits and engage in horse riding as a fulfilling pastime worldwide.

Equestrian equipment industry from the rider equipment segment recorded over USD 7 billion in 2023 due to a heightened focus on rider safety, the continual pursuit of innovative and stylish riding apparel, and the increasing popularity of equestrian activities worldwide.

North America held over 40% share of the equestrian equipment industry in 2023 and is expected to register a commendable CAGR over 2024-2032 due to the presence of a robust equestrian culture and a well-established infrastructure supporting the equestrian industry in the region.

Ariat International, Cavallo GmbH, Charles Owen, Devoucoux, Dublin Clothing, Equine Couture, Hermes, HKM Sports Equipment GmbH, Horse Health, Horseware Ireland, and Kerrits Equestrian Apparel, are some of the major equestrian equipment companies worldwide.