Knee pads are used as protective measure to protect the knee caps from any injuries. They are specially being worn during recreational and sports activities. Knee pads tend to absorb any shock or major impact by any external object by cushioning the knee of an individual.
COVID-19 Scenario Analysis:
- The closure of factories due to COVID-19 led to the decline in the production of the knee pad in the industries. This not only affected the scale of production but also the growth of these industries.
- The online platforms, shops and retail stores were shut due to lockdown observed worldwide. This also affected the trade of these products which in turn hampered the sales of knee pads in various countries around the world.
- Knee pads have become very important for avoiding injuries and used by people a lot. This is expected to boost the sale of these knee pads after worldwide release of the lockdown situation due to COVID-19.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Increase in consciousness among people regarding their safety is one of the prominent reasons toward growth of the knee pads market. There is an increase in demand as they are being worn by people in many recreational and sports based activities like roller-skating, volleyball, skateboarding, handball, football, basketball, American football, and dancing.
Knee pads are designed in different ways for the different purposes. They are used in various trades as well, such as for the police SWAT teams, incorporated within the military uniforms. These pads are different from the general all round high impact ones which are designed for sports activities.
However, price wars between the vendors due to extensive competition, negative health effects associated with knee pads, and governmental stringent standards and regulations hamper the growth of the industry during the forecast period.
The global knee pads market trends are as follows:
Demand from Motorcyclists for the purpose of protection
The increase in number of automobiles and poor infrastructure has been the prime causes for increase in the motorcycle accidents around the world. Nearly half of such accidents cause injuries to the ankles, feet and knees of the riders, in order to avoid the same, motorcyclists are adopting accessories like knee pads for the purpose of protection.
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Demand for Neoprene Knee pads
One of the latest trends in this market includes the increase in demand for neoprene knee pads. Neoprene comes under the category of synthetic rubbers which is made up of polymerized chloroprene. It offers chemical stability conjoined with extra strength and durability. Armed forces too use such knee pads for their tactical operations.
Key Benefits of the Report:
- This study presents the analytical depiction of the global knee pad industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global knee pad market share.
- The current market is quantitatively analyzed to highlight the global knee pad market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global knee pad market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Questions Answered in the Knee pad Research Report:
- What are the leading market players active in the knee pad market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
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