Australia’s horse riding equipment market is projected to grow at a CAGR of 6.9% from 2024 to 2034. The country’s favorable climate, extensive rural areas, and rich tradition in horse breeding and racing have fostered a vibrant equestrian community. The increasing popularity of events such as show jumping, dressage, and endurance riding has significantly boosted the demand for high-quality riding equipment.
Government support and private investments in equestrian sports play a vital role in the sector’s development. Additionally, Australian riders’ success on international platforms has heightened the demand for premium and specialized riding gear that meets global standards.
The global horse riding equipment market is on a trajectory of robust growth, anticipated to reach a valuation of USD 2,279.4 million in 2024, a rise from USD 2,189.6 million in 2023. Projections indicate this market could nearly double, soaring to USD 3,406.7 million by 2034, with a compound annual growth rate (CAGR) of 4.1% through the next decade.
Driving Factors Behind Market Growth
A growing awareness of safety risks associated with horse riding is propelling demand for high-quality, certified safety gear, including helmets, protective vests, and specialized footwear. In developing regions, increased equestrian events and stringent safety regulations further boost the market. Manufacturers are responding by investing in advanced materials and innovative designs that prioritize rider safety and performance.
The rise of e-commerce platforms has made it easier for riders to access a diverse array of safety gear, enhancing market growth.
Market Trends and Consumer Preferences
- Technological Integration: Leading brands are integrating technology into products, with innovations like airbag vests and performance monitoring systems.
- Sustainability: Growing consumer demand for eco-friendly and cruelty-free alternatives is prompting manufacturers to explore sustainable materials, such as recycled plastics and vegan leather.
- Customization: The trend towards personalized riding equipment is on the rise, fueled by technological advancements and increasing consumer preference for tailored products.
Competitive Landscape
Manufacturers are blending craftsmanship with modern technology to achieve both aesthetic beauty and functional excellence. Riders are showing a growing preference for customizable, ergonomic equipment tailored to their individual needs.
As a result, leading brands are constantly innovating and refining their products. Many are also expanding their product lines and enhancing their online presence to connect with a wider audience. There’s a strong emphasis on integrating ergonomic design with sustainable materials to meet international safety standards.
Industry Update
- On January 23, 2024, Bogenraith Equestrian Centre announced its upcoming opening in Durris, Aberdeenshire, aiming to be a “world class” horse riding venue. The centre, envisioned by owner Marion Dreelan, will offer top-tier facilities, reducing the need for riders to travel south for competitions.
- On October 27, 2023, Laura’s Saddlery, an equestrian store in Tomball, approached its one-year anniversary. Eighteen-year-old Laura Hughes opened the business in December 2022 to offer horse riders a comprehensive selection of tack for training, showing, and competition, establishing a popular local destination for equestrian needs.
- On July 5, 2023, The Tried Equestrian, a leading discount and consignment shop, introduced Halter Ego, a renowned luxury riding brand, to their product line. This partnership united two industry leaders, enhancing their offerings and providing equestrians with top-quality gear and apparel.
Leading Horse Riding Equipment Brands
- Colonial Saddlery
- Dainese
- Georg Kieffer Sattlerwarenfabrik GmbH
- Decathlon
- Cavallo GmbH
- Antares Sellier
- Fabtron Inc.
- Mountain Horse
- HKM Sports Equipment.
- Charlie1Horse
- Resistol
- Justin Boots
- Cashel Company
- Professional’s Choice
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Key Segments of Horse Riding Equipment Market Report
By Product:
Helmets, vests, stirrups, saddles, halters, bridles, accessories, and other products are segmented in the horse riding equipment market.
By Price Range:
Mass and premium are two price ranges in this industry.
By Material Type:
The segment is distributed to wooden, metal, plastic, leather, and other material types.
By Equipment Type:
The sector is subdivided into equine and rider equipment.
By Consumer Orientation:
Male, female, and kids are trifurcated categories of this landscape.
By End User:
The horse riding equipment id divided into amateurs and professional end users.
By Sales Channel:
Hypermarkets or supermarkets, independent sports outlets, sports retail chains, franchised sports outlets, direct-to-consumer online channels, direct-to customer institutional channels, modern trade channels, and third-party online channels are sales channels of this sector.
By Region:
A regional analysis has been carried out in key countries of North America, Latin America, Asia Pacific, Middle East and Africa (MEA), and Europe.
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