The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Equestrian Equipment market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Equestrian Equipment
The report offers actionable and valuable market insights of Equestrian Equipment. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Equestrian Equipment Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Equestrian Equipment, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Equestrian Equipment Market.
The US$ 1.9 billion equestrian equipment market in 2018 is expected to ride on an optimistic growth trajectory in the coming decade, as per the new Fact.MR valuation. The study foresees 1.4x growth of the equestrian equipment market during the period of 2018 – 2028. While the market remains highly fragmented, delivery of high functionality and fashion in equestrian equipment remains the prime focus of prominent market players.
Taking the advantage of an unorganized market, tier 2 players with the easy accessibility of raw materials are introducing new products and economic alternatives. With over 85% of the total market share in 2018, tier 3 players continue to strengthen their presence in the domestic equestrian equipment market.
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Segmentation
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.
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Competitive Landscape
The report on the equestrian equipment market includes a detailed assessment of key manufacturers and suppliers of equestrian equipment across the globe. The section on competitive landscape provides insights on various developments, strategies, and product portfolios of major companies operating in the equestrian equipment market.
The equestrian equipment market report has profiled companies including but not limited to Ariat International, Dainese S.p.A, Cavallo GmbH, and HKM Sports Equipment GmbH.
Companies in the equestrian equipment market are collaborating with equestrian non-profit organizations in a bid to promote their equestrian equipment in championships and local tournaments. Equestrian equipment manufacturing companies are also sponsoring events to enhance their visibility and obtain goodwill.
For instance, Ariat International – a leader in innovative equestrian equipment – has extended its partnership with USEF (US Equestrian Federation) in 2018. The company would be the 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.
The cross-industry takeover has been witnessed in the equestrian equipment marketplace. On September 1, 2018, Agrihealth – a player involved in the 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 Agrihealth, strengthening its footprint in the equestrian equipment marketplace in the United Kingdom, Ireland, and beyond.
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More Valuable Insights on Equestrian Equipment Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Equestrian Equipment, Sales and Demand of Equestrian Equipment, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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