07-Feb-2020 | Facts and Factors
Facts and Factors have authored “Walking Canes Market By Material (Wooden Walking Canes, Plastic Walking Canes, Metal Walking Canes, and Others) and By End-Use (Aged Use, Patient Use, and Decorative Use): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global walking canes market in 2019 is approximately USD 750.00 Million and is anticipated to reach around USD 1,000.00 Million by 2026. The anticipated CAGR for the walking canes market is around 4% from 2020 to 2026.
Walking Canes are also known as walking sticks. The walking canes are a stick with a handle or formed handgrip on their upper end and its made up of suitable strength and flexibility or material affording rigidity, and it is used to walk in self-defense. The walking sticks are mainly used as hiking accouterments. walking canes in many shapes and sizes. The Key companies operating in the market are focused on designing innovative products in order to acquire new customers. These sticks are mostly used as hiking accouterments.
Browse the full “Walking Canes Market By Material (Wooden Walking Canes, Plastic Walking Canes, Metal Walking Canes, and Others) and By End-Use (Aged Use, Patient Use, and Decorative Use): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026” report at https://www.fnfresearch.com/walking-canes-market-by-material-wooden-walking-canes
Increasing research and development activities by key industry players to design innovative products is another important factor driving market growth. Key players are focusing on designing innovative products which is another factor propelling the target market growth. The market focuses on launching new products. In addition, growth in the geriatric population is anticipated to boost the target market growth over the forecast period. Geriatric care centers provide elderly people with medical surveillance as well as residential facilities. However, there are some side effects associated with walking canes, such as back pain, pain in the shoulder, balance problems, anxious mood, clumsiness, and carpal tunnel syndrome. Nevertheless, the increase in the prevalence of target diseases, such as Parkinson's disease and arthritis is expected to help the target market grow.
On the basis of material type, the walking canes market is segmented into wooden walking canes, plastic walking canes, metal walking canes, and others (carbon fiber, glass fiber, etc.). Among these, metal walking canes are expected to dominate the target market over the forecast period owing to the usage of aluminum canes. This type of walking canes is considered the first choice among folks who are looking for contemporary fashionable canes.
The cost-effective walking cans are preferred by customers all over the region. Metal Walking canes are made of anodized metals and aluminum apart from Lucite or acrylics.
On the basis of end-users, the target market is segmented as aged use, patient use, and decorative use. Aged use is anticipated to dominate the target market growth over the forecast period owing to its high usage. A walking stick can assist older people to maintain balance.
On the basis of region, the walking cans market is segmented into Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. Among all the regions, the North American walking cans market is anticipated to dominate the target market over the forecast period in terms of revenue. There has been a surge in the prevalence of target diseases such as rheumatoid arthritis and Parkinson’s disease in the past few years in the region, this factor has augmented the target market growth in the region.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 750.00 Million |
Projected Market Size in 2026 |
USD 1,000.00 Million |
CAGR Growth Rate |
4% CAGR |
Base Year |
2019 |
Forecast Years |
2019-2026 |
Key Market Players |
Campbell Posture Cane, Switch Sticks, Viveve Medical, Inc., RMS Company, TeleBrandsCorporation, NOVA Medical Products, Harvy cane, The Royal Canes, Carex Health Brands, Ez2care, Hugo Mobility, Duro-Med, and HurryCane. |
Key Segment |
By Material, By End-Use, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players operating in the market include Campbell Posture Cane, Switch Sticks, Viveve Medical, Inc., RMS Company, TeleBrandsCorporation, NOVA Medical Products, Harvy cane, The Royal Canes, Carex Health Brands, Ez2care, Hugo Mobility, Duro-Med, and HurryCane.
This report segments the walking canes market as follows:
Global Walking Canes Market: By Material Analysis
- Wooden Walking Canes
- Plastic Walking Canes
- Metal Walking Canes
- Others (carbon fiber, glass fiber, etc.)
Global Walking CanesMarket: By End-Use Segment Analysis
- Aged Use
- Patient Use
- Decorative Use
Global Walking CanesMarket: Regional Segment Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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