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Research Outline

Prepared for Lucy D. | Delivered October 8, 2019

Equestrian Industry

Goals

To find the global market size of the equestrian industry, broken down by categories (i.e., showjumping, dressage, eventing, and western) and by geography (i.e., Germany, France, Spain, Sweden, Ireland, England, Netherlands, Belgium, China, Qatar, and UAE). For each geography, find the number of horses, riders, owners and horse trainers present and general market size insights.

Early Findings

  • As of 2016, the global equine market size was US$ 300 billion.
  • In 2016, the equine industry in Ireland was worth US$ 1.3 billion.
  • The equine industry in China was worth US$ 1.58 billion in 2016.
  • The global equestrian protective clothing market is expected to post a CAGR of over 2% during the period 2018-2022.
  • In the United States, the equine industry was worth US$122 billion in 2018.
  • "The US$ 1.9 billion equestrian equipment market in 2018 is expected to ride on an optimistic growth trajectory in the coming decade. The study foresees 1.4x growth of the equestrian equipment market during the period of 2018 - 2028."