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Global Knee Pads Market To Exhibit 4% CAGR From 2016 To 2020: Study

12-21-2016 10:52 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Knee Pads

The report, titled “Global Knee Pad Market 2016-2020,” states that the market will exhibit growth at a steady pace over the period between 2016 and 2020, and post a 4% CAGR over the said period.

A key trend observed in the global kneepads market is the rising demand for gel knee pads, wherein a gel is directly injected into the knee pad foam. The gel in the foam padding ensures even distribution of pressure on the knees, resulting in reduced pain even when the wearer is involved in prolonged kneeling activities. Several vendors have introduced products that incorporate the idea and many more are expected to launch their products adhering to this design principle in the near future.

In terms of end users, the global knee pad market has been segmented into individuals and industrial users. Of these, the segment of individual users accounted for the dominant share in the global market and is expected to lead the global market over the forecast period as well. The growth of this end-use segment, including sports enthusiasts and gardeners as the primary users, can be attributed to the fact that knee pads help prevent damage to kneecap by offering good shock absorption. Thus, by reducing the risk of a serious knee injury to a great extent, knee pads are witnessing increased usage in sports activities and are expected to gain increased prominence across the sports segment by 2020.

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In terms of geography, the global knee pad market has been segmented into EMEA (Europe, Middle East, and Africa), Americas, and APAC (Asia Pacific). Of these, the market for knee pads in Americas emerged as the highest generator of revenue to the global market and is expected to remain the leading regional market over the report’s forecast period.

North America is one of the dominant markets for knee pads as key countries in the region, including Canada and the U.S. participate actively in international sports events. Moreover, the rising use of knee pads in industrial sectors are also fostering growth of the market in the region. Additionally, the increased use of knee pads by tactical and military personnel to gain protection from ballistic attacks, abrasions, and hits, is also expected to boost the sales of knee pads over the forecast period in the region.

The global knee pads market features the presence of a large number of well-established companies and is intensely competitive. Majority of the companies in the market focus on ways to distinguish their products in terms of knee capping and padding material. Innovative products such as gel knee pads have been introduced by companies such as Custom LeatherCraft Manufacturing and Ergodyne to strengthen their positions in the market.

Some of the key vendors in the market are Honeywell, Nike, McDavid, ASICS, Alta Industries, DamascusGear, Akillis, Irwin Industrial Tools, Mongoose, Lift Safety, Arc'teryx, Brass Knuckle, Skan Technologies, Triple Eight, KP Industries, True Flex Knee Pads, McGuire, Shock Doctor, Portwest, and Tommyco.

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