Horse Riding Apparel Market Size Exceed To Rearch $4.1 Billion by 2031 |Supermarkets & hypermarkets segment is estimated to witness the fastest CAGR of 4.8% during the forecast period

According to the report published by Allied Market Research, the global horse riding apparel market generated $2.7 billion in 2021, and is estimated to reach $4.1 billion by 2031, witnessing a CAGR of 4.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.

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Rise in the number of men and women participating in horse riding activity, increase in consumer spending on leisure sports, inclusion of the sport in school and college sports curriculum, and rise in disposable income of consumers drive the growth of the global horse riding apparel market. By type, the clothes segment is expected to maintain its dominance in terms of revenue through 2031.

The report offers detailed a segmentation of the global horse riding apparel market based on type, gender, distribution channel, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

Based on type, the clothes segment held the largest share in 2021, contributing to around one-third of the global horse riding apparel market, and is likely to maintain its leadership status during the forecast period. The report also offers an analysis of boots and gloves segments.

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Based on gender, the male segment held the largest share in 2021, accounting for around three-fifths of the global horse riding apparel market, and would rule the roost through 2031. However, the female segment is estimated to witness the fastest CAGR of 5.1% during the forecast period.

Based on distribution channel, the sports retail chain segment held the largest share in 2021, accounting for more than one-third of the global horse riding apparel market, and would rule the roost through 2031. However, the supermarkets & hypermarkets segment is estimated to witness the fastest CAGR of 4.8% during the forecast period.

Based on region, the market in Europe was the largest in 2021, accounting for more than one-third of the global horse riding apparel market, and is likely to maintain its leadership status during the forecast period. However, the LAMEA region is expected to manifest the highest CAGR of 4.8% from 2022 to 2031. The other regions analyzed in the study include North America and Asia-Pacific.

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Leading players of the global horse riding apparel market analyzed in the research include Antares Sellier, Ariat International, Inc., Cavallo GmbH & Co. KG, Charles Owen, Dainese, Decathlon S.A, Georg Kieffer Sattlerwarenfabrik GmbH, HKM Sports Equipment GmbH, Horseware Ireland, Justin Boots, Mountain Horse, Phoenix Performance Products Inc., Professional's Choice, Shanghai Goldtex Clothing & Bags Co., and Whitaker International Ltd.

The report analyzes these key players of the global horse riding apparel market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments by every market player.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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