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. 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 2019, 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.
According to this study Kinesio Tape market will register a 9.9% CAGR in terms of revenue, the global market size will reach US$ 310 million by 2025, from US$ 180 million in 2020.
The research report offers an outlook of the attractiveness of the segments and regions, which are formulated based on their growth rate (CAGR) and market size. Kinesio Tape market cost investigation has been performed while keeping in producing costs, overview work cost, and crude materials and their market fixation rate, value pattern and providers. Along with the market position, market share, future trends, market dynamics, threats, opportunities, risks and entry barriers, a complete overview of the Kinesio Tape market is comprised. The study report includes the market restrictions and drivers, which may be analyzed from SWOT assessment of the Kinesio Tape market. Major companies and types are taking actions along with stock dispatchers, inclinations, joint endeavors, acquisitions, and forceful research inside the Kinesio Tape market. In the year of 2020, a change was seen inside the CAGR ranges are likewise certain to exchange inside the forecasted year 2020-2025.
Rubix Market Research made available a report, which has all company profile the key companies and brands and along with that the report also comprised a synopsis of market trends, definition, classification, and application. The Kinesio Tape market restraints and drivers that are derived from a known method is termed as SWOT analysis. The forecast period 2020-2025 is anticipated to be great for the Kinesio Tape market, which will be the face changer for the Materials and Chemicals industry. The surging users day by day, which is increasing import, sales, revenue, export and CAGR values.
The main moto behind this research report is to give a growth map or prospective with respect to activities taken by central members of the Kinesio Tape market like joint endeavors, item dispatches, consolidations, acquisitions, and propensities, which is fueling the Kinesio Tape market and Materials and Chemicals undertaking in overall and furthermore influencing the import, business, income, fare and CAGR values. The study report conveys the entirety of present realities about market orders, definitions, commitment, and applications for the Kinesio Tape market that are basic to be victorious inside the market. The study report joins the entirety of the organization profiles of the multitude of company’s referred to above. Additionally, clarifying the entirety of the restrictions and drivers of the market with the assistance of SWOT, PESTAL, and Porter’s five forces analysis.
A competitive landscape for the Kinesio Tape market is given in the report. To differentiate business attributes, key players operating in the industry have been profiled and identified. Company overview, financial standings, latest trends, and SWOT are some of the characteristics of major companies in the industry that have been profiled in this study report.
Key companies covered by the study report on the global market are:
DL Medical & Health
Types covered by the study report on the global market are:
Application covered by the study report on the global market are:
Sporting Goods Store
Pharmacy & Drugstore
Eastern Europe Asia
Report Insights for Kinesio Tape Market
Analysis through context of the Kinesio Tape market, which comprises an overall assessment of the parent market. Major trends, drivers, restraints, opportunities, segments and regional markets are studied in this report. Substantial changes in overview and industry dynamics. Kinesio Tape market methods, shares, and approaches of major competitors in the market. Evaluation and reporting of the present industry growths. Current and estimated size of the market, in terms of volume and value both.
The research report provides answers to the following questions:
For the Kinesio Tape market what is the anticipated market size and share and growth rate for the forecast period? Who are the major market companies and how they gained a competitive edge over the other companies? What are the major driving and restraining forces of the Kinesio Tape market for the estimated period (2020-2025)? What are the booming Kinesio Tape market opportunities? And how they will support the growth of the market? Which are the market trends influencing the development of the Kinesio Tape.