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Home » Business » Knee Pad Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024
Knee Pad Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

Knee Pad Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

The recent trend of increased demand for neoprene knee pads among consumers across different countries is one of the key factors driving the growth of the market. Neoprene is a synthetic rubber which is made of polymerized chloroprene. This synthetic rubber offers good chemical stability and sustains its flexibility over a wide temperature range. Neoprene is a breathable material that enables easy evaporation of sweat. It offers enhanced durability and strength. Neoprene knee pads are widely used for military and tactical operations.

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The knee pad market is segmented by end user and by geography. Based on end user type, the knee pad market is segregated into industrial and individual consumer. The individual consumer end user segment dominated the knee pad market globally in terms of revenue in 2015 and this trend is expected to continue over the forecast period. This segment primarily includes gardeners and sports enthusiasts. Knee pads are mainly used in sports such as basketball, volleyball, motocross, and cycling. Growth of this segment is majorly driven by the fact that knee pads help in shock absorption and avoid damage to the kneecap while playing sports.

The global knee pad market is segmented geographically into North America, Europe, Asia Pacific, Middle East and Africa (MEA),and Latin America. North America is the predominant market among all the regions in terms of revenue. This region is projected to continue to lead the global market over the next few years. The U.S. and Canada are the major markets for knee pads in North America owing to active participation in major international sports events. Moreover, the North America market for knee pads is primarily driven due to better acceptability of innovative knee pad products.

Additionally, increased industrial end users of knee pads are contributing to the growth of the market in this region. Apart from this, tactical and military personnel wear pads to provide protection against hits, abrasions, and ballistic attacks, which will also propel the sales of knee pads in the region. The knee pad market in Europe, and Middle East and Africa (MEA) is driven due to the increasing consumption among industrial end users. The number of participants in international sports events from Middle East and Africa is relatively low as compared to North America and Asia Pacific.

The knee pad market is highly competitive with the presence of a large number of large scale and small scale, well established manufacturers and suppliers. Rapidly growing number of vendors creates intense competition in this market. Competition is more concentrated in developed markets such as North America and Europe. Competition in the market will intensify further with the emergence of more players.

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Majority of the leading vendors are competing with each other on product innovation in terms of knee capping, padding materials, and shape of knee pads to improve comfort level for the user. Leading knee pad manufacturing companies such as Custom LeatherCraft Manufacturing and Ergodyne offer injected gel knee pads to capture the market. Some of the key players in the knee pad market are Ergodyne, Honeywell, McDavid, and Nike among others. Other prominent vendors include Alta Industries, Akillis, Arc’teryx, Brass Knuckle, ASICS, BLACKHAWK!, AGPtek, Custom LeatherCraft Manufacturing, DamascusGear, Triple Eight, COOLOMG, Dakine, Fox, DEWALT,G-Form, Irwin KP Industries, Industrial Tools, Lift Safety, McGuire, Nicholas, Mizuno, Mongoose, Skan Technologies, Portwest, Tommyco, Shock Doctor, and True Flex Knee Pads.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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