The Equestrian Protective Clothing Market will register a CAGR of more than 2% by 2022

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Dec 19, 2018, 17:03 ET

LONDON, Dec. 19, 2018 /PRNewswire/ -- About this market

The growing number of start-ups for equestrian protective clothing is likely to drive growth in the market. Due to the growing popularity of equestrian as a sport, especially among elites, and lack of appropriate equipment in the market, a lot of start-ups have been witnessed in the past decade. Technavio's analysts have predicted that the equestrian protective clothing market will register a CAGR of more than 2% by 2022.

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Market Overview
Growing awareness and popularity of equestrian events
Equestrian or horse-riding events are extremely popular among consumers, especially among affluent consumers who consider horse riding and its events as a leisure time activity that has a status symbol associated with it.
Risk of severe injuries and fatalities in equestrian sports
The high degree of injuries and fatal accidents associated with such activities have become one of the pertinent factors to restrict the growth of the global adventure tourism market, including global equestrian protective clothing market.
For the detailed list of factors that will drive and challenge the growth of the equestrian protective clothing market during the 2018-2022, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Ariat International and Columbia Sportswear Company the competitive environment is quite intense. Factors such as the growing number of start-ups for equestrian protective clothing and the growing awareness and popularity of equestrian events, will provide considerable growth opportunities to equestrian protective clothing manufactures. Ariat International, Columbia Sportswear Company, Mountain Horse, Noble Outfitters, and Parlanti International are some of the major companies covered in this report.

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