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Fact.MR research shows that the promotional buyer type segment is expected to witness rapid expansion at a 4.3% CAGR through 2028. Rising prestige and visibility of international horse competitions such as Olympics and World Equestrian Games can be attributed to the increasing demand for equestrian equipment by promotional buyers. Institutional buyers are expected to maintain their pre-eminence with almost 60% market share owing to a significant rise in the number of private horse clubs.
Equestrian equipment are used in equestrian sporting activities, specifically manufactured for riders and equine. Various equestrian equipment such as saddle pads, horseshoes and protection boots, riding boots, helmets and protective vests are available. Material used in manufacturing of equestrian equipment include leather, Aluminum, fabric and steel. Equestrian equipment are used across various equestrian sporting categories such as horse trails, recreational horse riding and jumping sports.
The company would be official equestrian apparel and footwear partner of the federation supplying athletes with equestrian equipment in team competitions. Ariat International has sponsored Champion Scholarship Recipients in 2018, according to EQUUS Foundation. This move has considerably enhanced the goodwill and visibility of the brand.
Cross-industry takeover has been witnessed in the equestrian equipment marketplace. On September 1, 2018, Agri health – player involved in distribution of veterinary and equipment products – announced the acquisition of Mackey Equestrian, an equestrian equipment distributor in Ireland. This strategic cross-industry and domain takeover can complement the existing business portfolio of Agri health, strengthening its footprint in the equestrian equipment marketplace in the United Kingdom, Ireland and beyond.
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The report on equestrian equipment market provides an in-depth assessment on the overall equestrian equipment market across key regions worldwide. The report includes key analysis from the equestrian equipment demand and sales perspective, revealing key revenue pockets across the globe. The report on equestrian equipment provides vital insights on major product types and their sales intelligence across various consumer segments. The equestrian equipment market report includes historical data analysis, current equestrian equipment scenario and future projections for a period of ten years, from 2018 till 2028.
The equestrian equipment market report provides detailed analysis on various segments providing a holistic view of the market. The equestrian equipment market is segmented on the basis of product type, sales channel, buyer type and region. The equestrian equipment product type category includes assessment on equine equipment (saddle pad, stirrup, saddle, horseshoes and protection boots, snaffle bridle and accessories) and rider equipment (riding boots, gloves, helmets and protective vests). The buyers of equestrian equipment are classified as individual, institutional and promotional. Sales channel category is further divided into specialty stores, modern trade channels, direct-to-customer channels and third party online channels. Region wise, analysis on equestrian equipment demand across North America, Latin America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA) is provided.
Additional Questions Answered
Apart from aforementioned findings, the equestrian equipment market report addresses additional questions such as:
- Which is the most lucrative channel for sales of equestrian equipment?
- Can sales of equestrian equipment among individual buyer type surpass those of institutional counterparts?
- What is the revenue share of equine equipment and to what extent does it complement growth of the equestrian equipment market?
- Which rider equipment is witnessing the most sales and demand in the equestrian equipment market?
- Which is the most attractive region for equestrian equipment manufacturers from an investment standpoint?
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