Analysis of Horse Bell Boots market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Fact.MR estimates global horse bell boots market to grow at a CAGR of around 8% owing to rise in popularity of equestrian sports especially in countries like US and Canada. Further, growing trend of hoof care protection for horses is projected to drive the market over the forecast period.
Additionally, over the past decade there has been a constant increase in number of equine owners and horse enthusiasts which has propelled the equestrian accessories market. Attributed to these factors bell boot is projected to witness a surge in demand.
Horse bell boots is gaining traction among equine owners mainly due to its ability to minimize over reaching trauma shocks. Since over reaching is a common occurrence among horses, bell boots ensures that back of horse’s front feet are protected during speeding or direction changing.
Additionally, rising awareness regarding hoof care protection among equine owners has led to wide adoption of bell boots. Also, wide range of activities such as dressage, eventing, showjumping, endurance riding and reining are increasingly becoming popular sports hence uplifting the demand for bell boots.
Moreover, a variety of bell boots with different size and design specification have flooded the market hence providing equine owners with the opportunity to choose from those wide range of products. Further, players are targeting key regions with high adoption rate of bell boots.
Attributed to these above discussed factors, sales for bell boots is projected to show substantial growth over the projected forecast period at higher single digit CAGR.
Hoof care is among the most important activity that equine owners must pay attention to. Healthy hoof means right speed and balance while riding. Also, a healthy hoof is adaptive to different kinds of environment condition and terrain.
Additionally, it is of high importance to regularly examine horse’s hoof in order to find any anomalies which can further be examined and treated. However, it is equally important that precautions are taken beforehand to avoid any situation that would hamper hoof’s growth.
For instance, horse’s hoof tend to deteriorate in wet conditions hence bell boots are increasingly trending as they provide good protection to the hooves. As many horse owners now highly prefer keeping their horses barefoot, there is additional need of bell boots for hoof protection.
Factors discussed above have been identified as the main reason behind rising trend of bell boots and thus the market is projected to grow significantly in terms of demand over assessment period.
North America is poised to be the most lucrative market for bell boots owing to wide popularity of equestrian sport in the region. Also, concentration of equine owners in North America is one of the highest across the globe.
Additionally, over the past decade there has been a sizeable increase in number of equine owners opting for equestrian sports thus sales of bell boots has also rose. Further, concentration of bell boot retailers and distributors North American region among highest thus providing customers to choose from range of brands and options.
Moreover, increase in number of equestrian sports enthusiast has also witnessed a rise in US thus projecting a positive outlook to bell boot industry. Attributed to these factors North America is projected to outgrow other regions in terms of demand for bell boots over forecast period.
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Europe is driving the bell boots market and is projected to further foster the growth of product in the region owing to well established equestrian sports accessories distribution channels.
Additionally, growing trend of various equestrian competition have propelled the demand for bell boots in the region thus projecting an upward rise in sales over next ten years.
Moreover, equine owners are also increasingly inculcating hoof protection as an important health practice for horses thus demand for high quality bell boots is witnessing a surge in the region.
These above discussed trends will bolster the bell boots market in Europe over the forecast period thus driving it with higher single digit CAGR.
have been identified as prominent players in the horse bell boot market.
The above discussed players have opted to go for organic strategies such as product development, capacity expansion and innovation in order expand their business and garner high segmental share.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE: Although care has been taken to maintain the highest levels of accuracy in reports, recent market/vendor-specific changes may time to reflect in the analysis.
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The horse bell boots market is likely to record a CAGR of 8% during the forecast period.
The horse bell boots market has high growth potential owing to the rise in equestrian sports in developed regions.
The manufacturers of horse bell boots are likely to find the most opportunities in the North American region.
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