Global Equestrian Helmets Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Racing Helmets, Skull Helmets, Show Helmets, Trail/Endurance Helmets, and Others), By Distribution Channel (Sports Equipment Stores, Specialty Stores, E-Commerce, and Company Websites, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Consumer GoodsGlobal Equestrian Helmets Market Insights Forecasts to 2033
- The Global Equestrian Helmets Market Size was Valued at USD 90.21 Million in 2023
- The Market Size is Growing at a CAGR of 5.43% from 2023 to 2033
- The Worldwide Equestrian Helmets Market Size is Expected to Reach USD 153.10 Million by 2033
- Asia Pacific is Expected to Grow the fastest during the forecast period.
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The Equestrian Helmets Market Size is Anticipated to Exceed USD 153.10 Million by 2033, Growing at a CAGR of 5.43% from 2023 to 2033. The growth of the worldwide equestrian helmets market is anticipated to be driven by the growing popularity of horseback riding during the course of the forecast period. Leisure activities include riding horses and participating in other equestrian sports. Helmets are required for horse racing. Therefore, a greater emphasis on rider safety is expected to accelerate market development in the near future.
Market Overview
Equestrian helmets are safety equipment that is specifically made to protect riders' heads when they are riding horses. Strong, impact-resistant materials like carbon fiber, polycarbonate, or ABS are used in the construction of these helmets to absorb shocks during accidents or falls. Equestrian helmets adhere to safety regulations established by governing bodies, and include a snug, adjustable fit, and ventilation systems for comfort. A helmet is a piece of safety equipment worn when riding horses and engaging in other equestrian activities. The rider's head is shielded from falls and collisions by it. Additionally, equestrian helmets prevent the rider from being struck by the horse's hoof. The growing concern for rider safety is the main factor driving the growth of the equestrian helmet market. The increasing number of people who ride horses for fun and for a living has led to a better awareness of the dangers associated with this activity. Horse helmets and other safety gear are necessary because head injuries, in particular, are extremely deadly. Increasingly, riders and the equestrian community are recognizing the importance of putting safety measures in place to reduce the risks associated with horseback riding.
Opportunity
Manufacturers and brands may access a wider range of consumers through online retail, overcoming conventional regional restrictions. Increased online sales are a result of consumers' access to a large selection of products, including convenience, competitive cost, and customization options. Furthermore, focused advertising and digital marketing tactics raise brand awareness, which speeds up market expansion.
Challenges
The spread of fake equestrian helmets poses a substantial threat to market integrity and consumer safety. These inadequate products, which frequently lack sufficient safety certifications and quality controls, can reduce the perceived value of real helmets while risking rider safety.
Report Coverage
This research report categorizes the market for the equestrian helmets market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the equestrian helmets market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the equestrian helmets market.
Global Equestrian Helmets Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 90.21 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.43% |
2033 Value Projection: | USD 153.10 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 216 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product Type, By Distribution Channel, By Region |
Companies covered:: | Charles Owen & Company (Bow) Ltd., GPA Safety Legend, Samshield, Uvex Sports GmbH & Co. KG, KASK S.p.A., Troxel LLC, Zandona Srl, Harry Hall International, IRH International Riding Helmets, Inc., KEP Italia S.r.l., Phoenix Performance Products Inc., Limpido & Co. s.r.l., Back on Track, Horseware Ireland, Champion Manufacturing Ltd., Devon-Aire, Schuberth GmbH, Horze Equestrian, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
The driver propelling the growth of the equestrian helmet market is the ongoing innovation in helmet design and the usage of advanced materials. Manufacturers are investing in research and development to create helmets that meet safety standards while also offering enhanced comfort and style. Horse helmets' overall utility and safety have been significantly improved by the use of contemporary materials such lightweight, impact-resistant plastics.
Restraining Factors
The high price of high-end equestrian helmets is a serious barrier to market expansion, especially for consumers who are price conscious. Higher retail costs are a result of advanced materials, innovative safety features, and personalization choices, which may be out of reach for many customers.
Market Segmentation
The equestrian helmets market share is classified into product type and distribution channel.
- The show helmets infrastructure segment dominates the market with the highest market share through the forecast period.
Based on the product type, the equestrian helmets market is categorized into racing helmets, skull helmets, show helmets, trail/endurance helmets, and others. Among these, the show helmets infrastructure segment dominates the market with the highest market share through the forecast period. Show helmets are handcrafted with an emphasis on style and appearance for equestrian contests. These helmets are aesthetically pleasing and have sophisticated, well-designed designs that meet safety regulations.
- The sports equipment stores segment is anticipated to grow at the highest CAGR during the forecast period.
Based on the distribution channel, the equestrian helmets market is classified into sports equipment stores, specialty stores, e-commerce, and company websites, and others. Among these, the sports equipment stores segment is anticipated to grow at the highest CAGR during the forecast period. A wide variety of customers can easily access riding equipment because to sports equipment merchants' strong physical shop networks. The availability and visibility of sports equipment products are increased by these businesses regular locations in busy places like city centers and shopping malls. Numerous brands, from mass-market to luxury options, are frequently carried by these establishments.
Regional Segment Analysis of the Equestrian Helmets Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the equestrian helmets market over the predicted timeframe.
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North America is projected to hold the largest share of the equestrian helmets market over the predicted timeframe. This dominance is attributed due to its strong equestrian culture, great understanding of customers, and severe safety standards. The advantages include a well-established market infrastructure, significant purchasing power, and a dynamic competitive environment that drives ongoing innovation. The region's well-established equestrian culture, coupled with high disposable incomes, supports the demand for a wide range of horse riding gear.
Asia Pacific is expected to grow at the fastest CAGR growth in the equestrian helmets market during the forecast period. The regions fastest growth is driven by growing interest in equestrian activities and increased disposable incomes. Advantages include a larger consumer base, expanded equestrian facilities, and more investment in sporting events, all of which drive up demand for helmets. The market is expanding as a result of the increase in sporting activities among urban and suburban populations. As greater numbers of individuals take up riding a bicycle as a recreational activity, sales of entry-level and mid-range equipment is rising.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the equestrian helmets market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Charles Owen & Company (Bow) Ltd.
- GPA Safety Legend
- Samshield
- Uvex Sports GmbH & Co. KG
- KASK S.p.A.
- Troxel LLC
- Zandona Srl
- Harry Hall International
- IRH International Riding Helmets, Inc.
- KEP Italia S.r.l.
- Phoenix Performance Products Inc.
- Limpido & Co. s.r.l.
- Back on Track
- Horseware Ireland
- Champion Manufacturing Ltd.
- Devon-Aire
- Schuberth GmbH
- Horze Equestrian
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In July 2024, Samshield, known for its unique horse riding safety helmets, released a new line of 2.0 helmets made from contemporary components for durability and dependability. The helmets have scratch-resistant paint, ensuring their design stays stunning even after extensive use.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the equestrian helmets market based on the below-mentioned segments:
Global Equestrian Helmets Market, By Product Type
- Racing Helmets
- Skull Helmets
- Show Helmets
- Trail/Endurance Helmets
- Others
Global Equestrian Helmets Market, By Distribution Channel
- Sports Equipment Stores
- Specialty Stores
- E-Commerce
- Company Websites
- Others
Global Equestrian Helmets Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the global equestrian helmets market over the forecast period?The global equestrian helmets market is to expand at 5.43% during the forecast period.
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2. Which region is expected to hold the highest share of the global equestrian helmets market?The North America region is expected to hold the largest share of the global equestrian helmets market.
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3. Who are the top key players in the equestrian helmets market?The key players in the equestrian helmets market are Charles Owen & Company (Bow) Ltd., GPA Safety Legend, Samshield, Uvex Sports GmbH & Co. KG, KASK S.p.A., Troxel LLC, Zandona Srl, Harry Hall International, IRH International Riding Helmets, Inc., KEP Italia S.r.l., Phoenix Performance Products Inc., Limpido & Co. s.r.l., Back on Track, Horseware Ireland, Champion Manufacturing Ltd., Devon-Aire, Schuberth GmbH, Horze Equestrian, and others.
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