NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Report on how AI is driving market transformation- The global equestrian equipment market size is estimated to grow by USD 3.12 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 4.8% during the forecast period. Increasing participation in equestrian sports is driving market growth, with a trend towards increasing focus of vendors on new product launches.
However, availability of pre-owned and rented equestrian equipment poses a challenge. Key market players include Alfa Jump, Ariat International Inc., Bates Saddles, Beval saddlery, Cavallo GmbH and Co.
KG, Charles Owen , Devoucoux, GEMS International, Hermes International SA, HKM Sports Equipment GmbH, Horseware Products Ltd., LeMieux Ltd, Mariam International, Nunn Finer , SALEHA INTERNATIONAL, Sharie International, Weatherbeeta USA Inc., and Weaver Equine.
AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The equestrian equipment market is experiencing a notable trend as vendors introduce innovative products to enhance the riding experience for both horses and riders. WeatherBeeta's Spring 2024 collection, launched on March 7, 2024 , showcases this trend with its focus on comfort, style, and protection for horses.
Notable items include the Green-Tec Airflow Mesh Fly Sheet, made from recycled .