Equestrian Apparel Market Clinical Research Analysis and Global Outlook 2022 to 2027
Stratview Research delivers key insights on the global Equestrian Apparel Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Equestrian Apparel Market:
• Columbia Sportswear (The U.S.),
• Mountain Horse (The U.S.),
• Ariat (The U.S.),
• EQUETECH (UK),
• Decathlon (France),
• Horseware (Ireland),
• Pikeur (Germany),
• Shanghai Goldtex Clothing & Bags Co. (China),
• Noble Outfitters (The U.S.),
• GPA (UK),
• Kerrits (The U.S.), and
• KEP ITALIA (Italy).
Growth drivers and Market Value:
This report, from Stratview Research Equestrian Apparel Market value and growth drivers over the trend period of 2022-27. According to the report -
The Global Equestrian Apparel Market is estimated to grow from USD 2.7 billion in 2021 to USD 3 billion by 2026 at a healthy CAGR of 1.9% during the forecast period.
Segment Analysis:
Based on by Application Type:
• The female application dominated the market accounting for more than 70% share.
• Horse riding is mainly considered as a feminine sport with over three-fourths of the consumers being women.
• In the UK and other European countries, almost 75% of the equestrian, both professional and recreational participants are female, although the number of men is increasing.
Based on Regional:
By region, North America witnessed the largest share in the equestrian clothing market and is followed by Europe. The U.S. is the top contributor to the product demand in the region owing to rising awareness about horse riding as a leisure activity and the increasing standard of living of the population to adopt this luxurious leisure activity. Besides, there are many equestrian events in the region for horse riding and racing, thus augmenting the product consumption.
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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Equestrian Apparel Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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