Kinesio Tape Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Kinesio Tape Market size was worth around USD 200 million in 2019 and is predicted to grow around USD 350 million by 2026 with a compound annual growth rate (CAGR) of roughly 8% between 2020 and 2026. The report analyzes the global Kinesio Tape Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Kinesio Tape Market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the kinesio tape industry. The report analyzes and declares the historical and current trends analysis of the Kinesio Tape industry and subsequently recommends the projected trends anticipated to be observed in the kinesio tape market during the upcoming years.

The kinesio tape market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire kinesio tape market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (Million Pieces) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the China kinesio tape market is set to grow annually at a rate of around 9.0%
• It was established through primary research that the China kinesio tape market was valued at more than USD 15.00 million in 2019
• The robust industrialization in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
• Increase urbanization is supposed to fuel market growth. The companies are supposed to invest in R&D to innovate the better product. Product invention will open new opportunities for the kinesio tape thus is expected to propel the industry demand in the upcoming years.
• The “Pre-Cut Strips” category, on the basis of type segmentation, was the leading revenue-generating category accounting for more than 60.0% share, in 2019.
• The “Medical Rehabilitation” category, on the basis of application segmentation, was the leading revenue-generating category accounting for more than 60.0% share, in 2019.
• The “Direct Sales” category, on the basis of sales channel segmentation, was the leading revenue-generating category accounting for more than 30.0% share, in 2019.

Key Recommendations from Analysts

• The growing popularity of kinesio tape as protective gear used to help the athletes play the sport in the various countries across the globe is increasing the demand for the kinesio tape segment. There is a huge demand for kinesio tape in developing regions such as the Asia Pacific, which is driving the sports and medical industry in the regions.
• North America region is anticipated to a larger share of the kinesio tape market in the upcoming years.
• China's kinesio tape market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR around 9.0%, China kinesio tape and mining market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “Pre-Cut Strips”, “Medical Rehabilitation”. “Direct Sales” categories as the leading investment pockets for China kinesio tape and mining market in terms of type and application segmentations respectively

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Kinesio Tape industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the kinesio tape industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the kinesio tape market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Kinesio Tape industry. The kinesio tape market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

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.

Report Scope

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.

The kinesio tape market is segmented based on type, application, and sales channel. On the basis of type segmentation, the market is classified into roll form and pre-cut strips. In terms of application segmentation, the market is bifurcated into Sports Protection and Medical Rehabilitation. In terms of sales channel segmentation, the market is bifurcated into the sporting goods store, pharmacy & drugstore, direct sales, online, and others.

Competitive Analysis

Some of the essential players operating in the kinesio tape market, but not restricted to include :

• KT Tape
• SpiderTech
• RockTape
• Compass Health Brands
• ATEX CO. Ltd.
• Nitto Denko Corporation
• Mueller Sports Medicine Inc.
• Medsport Products Co. Ltd
• Gspmed Medical Appliances Co.Ltd.

The taxonomy of the Kinesio Tape Market by its scope and segmentation is as follows:

Type Analysis (Customizable)

• Roll Form
• Pre-Cut Strips

Application Analysis (Customizable)

• Sports Protection
• Medical Rehabilitation

Sales Channel Analysis (Customizable)

• Sporting Goods Store
• Pharmacy & Drugstore
• Direct Sales
• Online
• Others

Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa