Kinesio Tape Market Size Will Reach to USD 350.00 Million by 2026: Facts and Factors

The global Kinesio Tape market in 2019 was approximately USD 200.00 Million. The market is expected to grow at a CAGR of around 8.0% and is anticipated to reach around USD 350.00 Million by 2026.

Kinesio tape is a stretchy, thin, elastic cotton strip with an acrylic bonding agent. Kinesio tape also recognized as Elastic therapeutic tape, k-tape, kinesiology tape, and KT. This tape is widely used with the determination of handling pain and frailty from athletic wounds and other physical disorders. This tape is the most useful and beneficial in sports and musculoskeletal injuries, reduced muscle fatigue, proprioceptive facilitation, reduced delayed-onset muscle soreness, muscle facilitation, enhanced healing, like reducing oedema, pain inhibition, and improvement of lymphatic drainage and blood flow.

Increasing the number of muscle pain because of the rise in slight accidents during sports is the key factor in the increasing importance of kinesio tape through the sports sector. Kinesio tape help to relieve pain in elderly people is one of the most key factors fueling the growth of the global kinesio tape market. The global kinesio tape market is expected to grow owing to the in-demand by increasing customer awareness and an extensive focus on research and development by key players. Rising sports and aerobics activities are anticipated to witness significant growth in the global kinesio tape market within the forecast period. For the production of kinesio tapes requires the getting of kinesio tape patent rights that may hamper the market’s growth. Research and development, innovations activities in the technology of the kinesio tape and increased government investment in healthcare industries are anticipated to open new avenues for the kinesio tape market in the near future.

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On the basis of type, the global kinesio tape market is segmented as Roll Form and pre-cut strips. Among which pre-cut strips segment was accounted for the major revenue share in the global kinesio tape market in 2019. Pre-cut strips deliver maximum value to customers. Pre-cut kinesio tapes are famous from the time when they lessen the total time essential to cut down the tapes into strips. With their increasing popularity, the accessibility of pre-cut strips into a broad range of sizes and lengths has also improved gradually. The innovation in the pre-cut strips in recent years is expected to positively impact segment growth. In 2019, the pre-cut strips segment was accounted for more than 50% of the global kinesio tape industries.

On the basis of application, the global kinesio tape market is categorized into sports protection and medical rehabilitation. Among the aforementioned segment, the medical rehabilitation segment was accounted for more than60.0% revenue share in 2019. Kinesio tapes are famous to offer several numbers of therapeutic benefits that benefit in lessening swelling of shoulders, joints knees. Thus,kinesio tapes are broadly utilized by sports players and athletes. The growth in the medical industry in the past few years has increased the demand for Kinesio tapes in the medical rehabilitation sector.

On the basis of the sales channel, the global kinesio tape market is categorized into sports protection and medical rehabilitation. Among the aforementioned segment, the medical rehabilitation segment was accounted for more than60.0% revenue share in 2019.

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The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Kinesio Tape sector. Key strategic developments in the kinesio tape market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the kinesio tape market are appropriately highlighted in the report.

The global kinesio tape market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for sports protection and medical rehabilitation is likely to act as a key driver of the global kinesio Tape market.

The kinesio tape market research report delivers an acute valuation and taxonomy of the Kinesio Tape industry by practically splitting the market on the basis of different types, applications, sales channels, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Kinesio Tape industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the kinesio tape industry is provided for the leading economies of the world.

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On the basis of region the kinesio tape market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the kinesio tape market among all the regions followed by Europe in terms of value.

Some of the key players operating in the market include KT Tape, SpiderTech, RockTape, Compass Health Brands, ATEX CO., LTD., Nitto Denko Corporation, Mueller Sports Medicine Inc., Medsport Products Co. Ltd, and Gspmed Medical Appliances Co., Ltd., among others.

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This report segments the global kinesio tape market as follows:

GlobalKinesio Tape Market: Type Analysis

Roll Form
Pre-Cut Strips

Global Kinesio Tape Market: Application Analysis

Sports Protection
Medical Rehabilitation

Global Kinesio Tape Market: Sales Channel Analysis

Sporting Goods Store
Pharmacy & Drugstore
Direct Sales
Online
Others

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