According to the latest industry analysis from Future Market Insights, the global horse stable supplies market is expected to be valued at approximately USD 1.5 billion in 2022. Sales in this sector are projected to grow at a compound annual growth rate (CAGR) of 6.0% from 2022 to 2032, reaching an estimated USD 2.7 billion by 2032.
The global horse stable supplies market is expected to grow steadily, fueled by the entry of new competitors. Increased investments in research and development aimed at creating innovative products to meet rising customer demand will also contribute to this growth.
Additionally, trends such as the humanization of pets and the rise of recreational equestrianism are anticipated to be significant drivers during the forecast period. The reintroduction of horses as pets among private, high-net-worth individuals has created a new customer base within the horse stable supplies market.
Key Takeaways: Horse Stable Supplies Market
- The China horse stable supplies market is expected to rise at a CAGR of 6% during the forecast period from 2022 to 2032.
- The U.S. horse stable supplies market is expected to grow at a CAGR of 3% in the forecast period from 2022 to 2032.
- The U.K. is anticipated to dominate the North America horse stable supplies market by exhibiting a CAGR of 2% in the evaluation period.
- By product type, the disinfectants and deodorizers category is set to generate nearly 21.1% of the global horse stable supplies market share by 2032.
- Based on sales channel, the specialty stores segment is projected to generate lion’s share in the horse stable supplies market by the end of 2032.
Competitive Landscape: Horse Stable Supplies Market
Industry leaders have maintained their positions in the global horse stable supplies market by constantly innovating their existing product line-ups. They are also aiming to provide customers with cutting-edge products that would fulfill their specific needs.
Besides, the global market is set to witness the entry of new companies with rising horse adoption among high-net-worth individuals worldwide.
Key players in the global horse stable supplies market are Burlingham Sports, Manna Pro, AHC Products Inc., Saratoga Horseworks Ltd., Kensington Protective, Little Giant, TuffRider, HorZe, Mountain Horse, Partrade, Tough-1, Farnam Companies, Inc., Martin Saddlery, Gatsby Ltd., K&H Pet, Farm Innovators Co., and Back On Track among others.
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Horse Stable Supplies Market Outlook by Category
By Product Type:
- Cleaning Supplies
- Disinfectant and Deodorizers
- Feeding Tools
- Horse Accessories
- Others
By End User:
- Private
- Commercial
By Price Range:
- Economic
- Median
- Premium
By Sales Channel:
- Specialty Stores
- Supermarkets
- Direct Sales
- Online Retailers
- Retail Stores
- Other Channels
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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