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Global Kinesio Tape Market Expected to Witness a Sustainable Growth over 2023

Global Kinesio Tape Market Expected to Witness a Sustainable

New report published by Market Research Report Store (MRRS) which offers insights on the global Kinesio Tape market.

Kinesio tape was invented by Kenzo Kase in 1979. It is a type of thin, elastic cotton tape that can stretch up to 140% of its original length. Compared with conventional tape, kinesio tape is more elastic and less mechanism constraints.

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Global Kinesio Tape Market: Forecast by Type / Application / Region

Kinesio tape is developed primarily for the treatment of joint and muscle aches. Kinesio tape can be divided into roll form and pre-cut shape. The width of kinesio tape is usually from 25 mm to 100 mm and the length is from 3 m to 5 m. Among these different specifications, the 50 mm × 5 m kinesio tape is the largest sales dimension.

The major manufacturers of kinesiology tape are located in China, Japan, South Korea and the United States. The main consumption areas are the United States, Europe and Japan. North America is the largest consumption market, its consumption accounted for over 40% of the global market in 2016, followed by Europe and Asia.

Kinesiology Tape popularized during the 2008 Olympics after the manufacturer, Kinesio USA, donated 50,000 rolls of the tape to 58 competing countries. And during the London 2012 Olympics, kinesiology tape has been spotted stretching and spiraling in interesting patterns on some athletes. Kinesio tape industry growth rate was higher during 2010 to 2012; however the growth rate of global market was slowing down after 2012.

Over the next five years, LPI(LP Information) projects that Kinesio Tape will register a 9.9% CAGR in terms of revenue, reach US$ 310 million by 2023, from US$ 180 million in 2017.

Global Kinesio Tape Market: Key Players
Kinesio Taping
KT TAPE
SpiderTech
RockTape
StrengthTape
K-active
Towatek Korea
Atex Medical
TERA Medical
Nitto Denko
Healixon
LP Support
Mueller
Kindmax
DL Medical & Health
Socko
Medsport
GSPMED
Major Medical
Raphael

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https://www.marketresearchreportstore.com/reports/606/global-kinesio-tape-market-growth

Related Information:
United States Kinesio Tape Market Research Report 2018
Europe Kinesio Tape Market Research Report 2018
North America Kinesio Tape Market Research Report 2018
Asia-Pacific Kinesio Tape Market Research Report 2018
China Kinesio Tape Market Research Report 2018
EMEA Kinesio Tape Market Research Report 2018
Global Kinesio Tape Market Research Report 2018

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