Global Knee Pad Market to Grow at 3.4% During 2024-2032, Supported by Rising Number of Road Accidents

March 25, 2021 | Retail

According to the latest report by IMARC Group, titled "Knee Pad Market Report by Type (Basic Knee Pad, Industrial Knee Pad, Military Knee Pad, Sports Knee Pad), Price (Under $25, $25-$50, $51-$100, Above $100), Application (Kids, Teenagers and Adults, Senior Citizens), Distribution Channel (Online, Offline), and Region 2024-2032," the global knee pad market reached a value of US$ 6.0 Billion in 2023. A knee pad is a protective gear worn over the knees to provide cushioning and protection against injuries and impact. It provides stability to the knee, which limits the movement of the joint. Knee pads are produced using soft and durable materials, such as polyethylene (PE), polyvinyl chloride (PVC), polyurethane (PU), extruded polystyrene insulation (XPS) foams, ethylene-vinyl acetate (EVA), cotton, and nylon. These pads minimize the impact of external forces resulting from general and recreational activities, like cycling, hitting, skidding and other sports. Knee pads are widely used in the healthcare and defense sectors as a part of the uniform and in medical applications.

Global Knee Pad Market Trends:

The global knee pad market is primarily being driven by the rising number of road accidents and increasing consumer awareness regarding the available safety equipment. Additionally, the increasing prevalence of osteoarthritis and the growing geriatric population that is more prone to developing knee-related ailments is supporting the market growth. Moreover, the rising demand for neoprene knee pads is another factor contributing to the market growth. Neoprene knee pads offer better comfort to consumers as they are produced by using synthetic rubber that offers high breathability, durability, flexibility, and stability over different temperatures. Furthermore, various product innovations, such as gel-based and self-adjusting knee pads, are propelling the market growth. Other factors, including the rising spending capacity of consumers and aggressive promotional activities by leading market players. Looking forward, the market is expected to grow at a CAGR of 3.4% during 2024-2032.

Market Summary:

On the basis of the type, the market has been divided into basic, industrial, military, and sports knee pads.
Based on the price, the market has been bifurcated into under $25, $25-$50, $51-$100, and above $100.
On the basis of the application, the market has been categorized into kids, teenagers and adults, and senior citizens.
Based on the distribution channel, the market has been divided into online and offline. Currently, offline channels dominate the market.
On the geographical front, North America (the United States and Canada) holds the largest share.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include 3M Company, ALTA Industries, ASICS Corporation, Bauerfeind AG, Custom Leathercraft Mfg, LLC (Hultafors Group AB), Decathlon S.A (Association Familiale Mulliez), Fox Head Inc., Klein Tools Inc., Mizuno Corporation, Nike Inc. and Tommyco Knee-Pads Inc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Type, Price, Application, Distribution Channel, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	3M Company, ALTA Industries, ASICS Corporation, Bauerfeind AG, Custom Leathercraft Mfg. LLC (Hultafors Group AB), Decathlon S.A (Association Familiale Mulliez), Fox Head Inc., Klein Tools Inc., Mizuno Corporation, Nike Inc. and Tommyco Knee-Pads Inc.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Knee Pad Market to Grow at 3.4% During 2024-2032, Supported by Rising Number of Road Accidents

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