06.08.2018 Views

Global Equestrian Helmets Market is projected to exhibit a CAGR of 4.3

The Equestrian Helmets industry was 63.7 million USD in 2017 and is projected to reach 89 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 4.3

The Equestrian Helmets industry was 63.7 million USD in 2017 and is projected to reach 89 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 4.3

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QYResearch<br />

The leading companies own the advantages on better performance, more abundant<br />

product’s types, better technical and impeccable after-sales service. Consequently,<br />

they take the majority <strong>of</strong> the market share <strong>of</strong> high-end market. Looking <strong>to</strong> the future<br />

years, the slow downward price trend in recent years will maintain. As competition<br />

intensifies, prices gap between different brands will go narrowing. Similarly, there will<br />

be fluctuation in gross margin.<br />

The industry <strong>is</strong> expected <strong>to</strong> remain innovation-led, with frequent acqu<strong>is</strong>itions and<br />

strategic alliances adopted as the key strategies by the players <strong>to</strong> increase their<br />

industry presence. <strong>Market</strong> stays in mature period with a clear concentration. Meanwhile,<br />

optimize product mix and further develop value-added capabilities <strong>to</strong> maximize margins.<br />

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