Equestrian Apparel Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Equestrian Apparel Market demonstrated USD 6.2 billion in 2023 and will grow at a 5.5% CAGR between 2024 and 2032, attributed to the rising interest in equestrian sports and the increasing popularity of equestrian events. As more individuals engage in equestrian activities, there is a heightened demand for specialized, high-quality apparel that meets both performance and safety standards. Major equestrian events, such as competitions and shows, further boost market visibility and consumer interest. This trend encourages both participation and investment in stylish and functional equestrian wear, fueling the market's expansion.

The equestrian apparel industry is divided based on product type, consumer group, apparel type, category, price range, distribution channel, and region.

The top wear segment achieved USD 3.1 billion in 2023 and will grow to USD 5.1 billion by 2032, fueled by the need for advanced fabric technologies in jackets, shirts, and vests that enhance performance, offering features like moisture-wicking, breathability, and UV protection for rider comfort and safety. Also, bottom wear, including tights, breeches, and riding pants, is sought for its durability and flexibility, with reinforced fabrics and stretch materials designed to endure the rigors of riding. Accessories like gloves, belts, and scarves are valued for their functionality and ability to enhance overall attire, with specific features such as grip-enhancing gloves and weather-resistant scarves adding extra value.

The cotton segment captured a 41% share in 2023 and will continue growing. Male riders typically focus on technical performance aspects in their apparel, such as moisture-wicking fabrics, breathable materials, and durable construction, which enhance comfort and functionality during riding. On the other hand, female riders often prioritize fashion, seeking trendy and stylish designs that reflect the latest fashion trends while maintaining practical functionality. Additionally, adjustable features like expandable waistbands, adjustable straps, and customizable sizes are crucial for accommodating growing children and extending the usability of the apparel.

North America equestrian apparel market upheld USD 1.9 billion in 2023 and will reach USD 3.1 billion by 2032 due to its strong tradition in equestrian sports and a high concentration of riders and enthusiasts. The region's extensive equestrian events, such as major competitions and shows, drive significant demand for specialized apparel. Moreover, the growing interest in equestrian activities and increasing investments in high-quality gear further boost market growth. The well-established equestrian community, combined with rising consumer preferences for premium apparel, positions North America as a key contributor to the market's expansion.

Product Code: 5662

Chapter 1 Methodology and Scope

1.1 Market scope and definitions
1.2 Base estimates and calculations
1.3 Forecast calculations
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
3.2 Supplier landscape
3.3 Profit margin analysis
3.4 Raw material analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Rising popularity of equestrian sports
  - 3.7.1.2 Focus on safety and performance
  - 3.7.1.3 Advancements in textile technology
  - 3.7.1.4 Increasing functionality and comfort trends
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 High cost of quality materials
  - 3.7.2.2 Regulatory compliance and safety standards
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021-2032 (USD Billion) (Million Units)

5.1 Key trends
5.2 Top wear
- 5.2.1 Show shirts
- 5.2.2 Polo shirts and tops
- 5.2.3 Show jackets
- 5.2.4 Other (Outwear, etc.)
5.3 Bottom wear
- 5.3.1 Breeches/Riding pants
- 5.3.2 Tights
- 5.3.3 Others (Thermal, etc.)
5.4 Others (Socks, etc.)

Chapter 6 Market Estimates and Forecast, By Apparel Type, 2021-2032 (USD Billion) (Million Units)

6.1 Key trends
6.2 Sustainable
6.3 Unsustainable

Chapter 7 Market Estimates and Forecast, By Category, 2021-2032 (USD Billion) (Million Units)

7.1 Key trends
7.2 Professional rider
7.3 Recreational rider

Chapter 8 Market Estimates and Forecast, By Consumer Group, 2021-2032 (USD Billion) (Million Units)

8.1 Key trends
8.2 Male
8.3 Female
8.4 Children

Chapter 9 Market Estimates and Forecast, By Price Range, 2021-2032 (USD Billion) (Million Units)

9.1 Key trends
9.2 Low
9.3 Mid
9.4 High

Chapter 10 Market Estimates and Forecast, By Distribution Channel, 2021-2032 (USD Billion) (Million Units)

10.1 Key trends
10.2 Online
- 10.2.1 E-commerce websites
- 10.2.2 Company websites
10.3 Offline
- 10.3.1 Specialty stores
- 10.3.2 Hypermarkets and supermarkets
- 10.3.3 Others (Departmental Stores, etc.)

Chapter 11 Market Estimates and Forecast, By Region, 2021-2032 (USD Billion) (Million Units)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.3.7 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 South Africa
- 11.6.2 Saudi Arabia
- 11.6.3 UAE
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles

12.1 Animo
12.2 Ariat International, Inc.
12.3 Charles Owen
12.4 Dublin
12.5 Equi-Star
12.6 Eskadron
12.7 Goode Rider
12.8 Helite
12.9 Horze
12.10 Kentucky Horsewear
12.11 Kingsland Equestrian
12.12 Pikeur
12.13 Riders International
12.14 Samshield
12.15 Tredstep Ireland