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. 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. Industrial end-users such as railroad workers, construction workers, carpenters, flooring workers, and welders require knee pads during long periods of kneeling activities.
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 global knee pads market is driven by the growing awareness among industrial workers and players regarding the benefits of knee pads and the increasing participation of athletes in international sports events.
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. 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.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.