Kinesio Tape Market - Forecast(2024 - 2030)

Report Code: HCR 82393 Report Format: PDF + Excel

Overview

Kinesio Tape Market size is projected to reach $316.2 million by 2024, and is estimated to grow at a CAGR of 10% during the forecast period 2020-2025. Kinesio tapes are used for joint and muscle pains and they do not restrict the body movements. Many people are increasingly adopting an active lifestyle leading to a rise in the number of minor accidents and growth of Kinesio Tape industry. Such accidents during exercise, sports and other physical activities will contribute to an increased use of Kinesio tapes and thus a lead to a growth of its market. This Kinesio Tape market report provides market share of Kinesio Tape top 10 companies along with detailed Kinesio Tape industry outlook.

Key Takeaways

  • Kinesio market size is $178.5 million in 2019 and is estimated to grow at significant pace owing to the rising number of minor physical accidents during exercises and other physical activities. The active lifestyle of people and the increased rehabilitative use of these tapes will drive the market. Elastic therapeutic tape, kinesiology tape, acrylic adhesive are few of the key focus areas for the Kinesio Tape market report.
  • North America held the largest market share in terms of revenue, with a 36% share, owing the increased use of Kinesio tapes among generic population and not just athletes or healthcare professionals.

Type - Segment Analysis

Pre-cut strip type had major share by revenue, due to its ease of application. They do not require time in cutting the tape and can be applied faster than a single roll tape. Their availability in various sizes and lengths have also increased their popularity.

Distribution Channel- Segment Analysis

Kinesio tapes are sold through distribution channels such as franchised stores, supermarkets, online stores and more. Franchised stores will occupy major share in the market by distribution channel owing to the availability of original products.

End User - Segment Analysis

Kinesio tapes are commonly used by professional athletes. They perform regular physical activity resulting in muscular wear and tear. Thus the preference of a Kinesio tape increases as it does not restrain their movement, and also rehabilitates the muscle.

Application – Segment Analysis

Kinesio tapes have various applications such as rehabilitation, alignment and for pain management. The tapes are majorly used for rehabilitation, due to the support it offers in comparison to other tapes. The have increased use among elderly patients who experience pain and require support in the leg or hand muscle. Athletes also use them during injury to tighten the muscle.

Geography - Segment Analysis

North America is estimated to hold largest share in Kinesio tape market in 2019 and is projected to maintain its dominance during the forecast period. It is also the largest consumer of Kinesio tapes due to increased use among not only athletes but also generic population. This is owing to the fact that these tapes are considered to be economic and more effective than other muscle supporting methods.

Drivers – Kinesio Tape Market

·         Spread of adoption of Kinesio tapes by a range of users

Previously only athletes suffering from muscle injury used Kinesio tapes. They also offered pain relief to athletes during injury and so that they could perform when injured. However, Kinesio tapes are now being used even by the general population. The cost effectiveness and ease of use has attracted many a larger customer base. Geriatric population who face pain in legs or hands use Kinesio tapes to relieve the pain.

·         Allow muscular movement and are cost effective

These tapes not only aid in muscle alignment, but also help in pain management. They offer support without restricting movement. Hence they are preferred in comparison to various other methods such as bandages. They are also cost effective and provide more benefit. Hence their demand is said to be increasing due to the benefits they offer.

Challenges – Kinesio Tape Market

·         Patent rights restrict new entrants

Kinesio tapes have patents and cannot be manufactured without the rights. This has resulted in restricted entry of new manufacturers. Thus expansion of the market is constrained and only just few players are currently in the market.

·         Lack of awareness on the correct application methods

Kinesio tapes need to be applied in a certain method to achieve maximum support and aid in muscular rehabilitation. Even though the application is easy, there is lack of professionals who know how to correctly position the tape. Generic population also needs to be educated on the correct method to apply the tape for maximizing the benefit.

Kinesio Tape Industry Outlook

Research & development and strategic alliances are some of the key strategies adopted by players in the Kinesio Tape market. Kinesio Tape top 10 companies are Boca System, Epson, Kinesio Holding Corporation, KT Health, Microcom Corporation, Pyramid Technology, Spidertech Inc., Sportstex, Star Micronics and others.

Kinesio Tape Market Research Scope:

The base year of the study is 2019, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. These provide the key market participants with the necessary business intelligence and help them understand the future of the Kinesio Tape Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

1. Kinesio Tape Market - Overview
        1.1 Definitions and Scope
2. Kinesio Tape Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Kinesio Tape Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Kinesio Tape Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Kinesio Tape Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Kinesio Tape Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Kinesio Tape Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Kinesio Tape Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Precut Strip
            8.3.2 Single Roll
            8.3.3 Bulk Roll
9. Kinesio Tape Market - By Distribution Channel (Market Size -$Million / $Billion)
        9.1 Franchised Store
        9.2 Supermarket
        9.3 On-Line Shop
        9.4 Sport Team
        9.5 Clinical
10. Kinesio Tape Market, By End-User (Market Size -$Million / $Billion)
       10.1 Hospital
       10.2 Rehab Center
       10.3 Professional Athlete
11. Kinesio Tape - By Application (Market Size -$Million / $Billion)
        11.1 Segment type Size and Market Share Analysis
        11.2 Application Revenue and Trends by type of Application
        11.3 Application Segment Analysis by Type
            11.3.1 Rehabilitation
            11.3.2 Alignment
            11.3.3 Pain Management
12. Kinesio Tape- By Geography (Market Size -$Million / $Billion)
        12.1 Kinesio Tape Market - North America Segment Research
        12.2 North America Market Research (Million / $Billion)
            12.2.1 Segment type Size and Market Size Analysis
            12.2.2 Revenue and Trends
            12.2.3 Application Revenue and Trends by type of Application
            12.2.4 Company Revenue and Product Analysis
            12.2.5 North America Product type and Application Market Size
                  12.2.5.1 U.S
                  12.2.5.2 Canada
                  12.2.5.3 Mexico
                  12.2.5.4 Rest of North America
        12.3 Kinesio Tape- South America Segment Research
        12.4 South America Market Research (Market Size -$Million / $Billion)
            12.4.1 Segment type Size and Market Size Analysis
            12.4.2 Revenue and Trends
            12.4.3 Application Revenue and Trends by type of Application
            12.4.4 Company Revenue and Product Analysis
            12.4.5 South America Product type and Application Market Size
                  12.4.5.1 Brazil
                  12.4.5.2 Venezuela
                  12.4.5.3 Argentina
                  12.4.5.4 Ecuador
                  12.4.5.5 Peru
                  12.4.5.6 Colombia
                  12.4.5.7 Costa Rica
                  12.4.5.8 Rest of South America
        12.5 Kinesio Tape- Europe Segment Research
        12.6 Europe Market Research (Market Size -$Million / $Billion)
            12.6.1 Segment type Size and Market Size Analysis
            12.6.2 Revenue and Trends
            12.6.3 Application Revenue and Trends by type of Application
            12.6.4 Company Revenue and Product Analysis
            12.6.5 Europe Segment Product type and Application Market Size
                  12.6.5.1 U.K
                  12.6.5.2 Germany
                  12.6.5.3 Italy
                  12.6.5.4 France
                  12.6.5.5 Netherlands
                  12.6.5.6 Belgium
                  12.6.5.7 Denmark
                  12.6.5.8 Spain
                  12.6.5.9 Rest of Europe
        12.7 Kinesio Tape - APAC Segment Research
        12.8 APAC Market Research (Market Size -$Million / $Billion)
            12.8.1 Segment type Size and Market Size Analysis
            12.8.2 Revenue and Trends
            12.8.3 Application Revenue and Trends by type of Application
            12.8.4 Company Revenue and Product Analysis
            12.8.5 APAC Segment - Product type and Application Market Size
                  12.8.5.1 China
                  12.8.5.2 Australia
                  12.8.5.3 Japan
                  12.8.5.4 South Korea
                  12.8.5.5 India
                  12.8.5.6 Taiwan
                  12.8.5.7 Malaysia
                  12.8.5.8 Hong kong
                  12.8.5.9 Rest of APAC
        12.9 Kinesio Tape - Middle East Segment and Africa Segment Research
        12.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            12.10.1 Segment type Size and Market Size Analysis
            12.10.2 Revenue and Trend Analysis
            12.10.3 Application Revenue and Trends by type of Application
            12.10.4 Company Revenue and Product Analysis
            12.10.5 Middle East Segment Product type and Application Market Size
                  12.10.5.1 Israel
                  12.10.5.2 Saudi Arabia
                  12.10.5.3 UAE
            12.10.6 Africa Segment Analysis
                  12.10.6.1 South Africa
                  12.10.6.2 Rest of Middle East & Africa
13. Kinesio Tape Market - Entropy
        13.1 New product launches
        13.2 M&A s, collaborations, JVs and partnerships
14. Kinesio Tape Market - Industry / Segment Competition landscape Premium
        14.1 Market Share Analysis
            14.1.1 Market Share by Country- Top companies
            14.1.2 Market Share by Region- Top 10 companies
            14.1.3 Market Share by type of Application - Top 10 companies
            14.1.4 Market Share by type of Product / Product category- Top 10 companies
            14.1.5 Market Share at global level - Top 10 companies
            14.1.6 Best Practises for companies
15. Kinesio Tape Market - Key Company List by Country Premium
16. Kinesio Tape Market Company Analysis
        16.1 Market Share, Company Revenue, Products, M&A, Developments
        16.2 Boca System
        16.3 Epson
        16.4 Kinesio Holding Corporation
        16.5 Kt Health
        16.6 Microcom Corporation
        16.7 Pyramid Technology
        16.8 Spidertech Inc
        16.9 Sportstex
        16.10 Star Micronics
        16.11 Company 10
        16.12 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
17. Kinesio Tape Market - Appendix
        17.1 Abbreviations
        17.2 Sources
18. Kinesio Tape Market - Methodology
        18.1 Research Methodology
            18.1.1 Company Expert Interviews
            18.1.2 Industry Databases
            18.1.3 Associations
            18.1.4 Company News
            18.1.5 Company Annual Reports
            18.1.6 Application Trends
            18.1.7 New Products and Product database
            18.1.8 Company Transcripts
            18.1.9 R&D Trends
            18.1.10 Key Opinion Leaders Interviews
            18.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Kinesio Tape Market, By Type Market 2023-2030 ($M)
1.1 Precut Strip Market 2023-2030 ($M) - Global Industry Research
1.2 Single Roll Market 2023-2030 ($M) - Global Industry Research
1.3 Bulk Roll Market 2023-2030 ($M) - Global Industry Research
2.Global Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
2.1 Franchised Store Market 2023-2030 ($M) - Global Industry Research
2.2 Supermarket Market 2023-2030 ($M) - Global Industry Research
2.3 On-Line Shop Market 2023-2030 ($M) - Global Industry Research
2.4 Sport Team Market 2023-2030 ($M) - Global Industry Research
2.5 Clinical Market 2023-2030 ($M) - Global Industry Research
3.Global Kinesio Tape Market, By End User Market 2023-2030 ($M)
3.1 Hospital Market 2023-2030 ($M) - Global Industry Research
3.2 Rehab Center Market 2023-2030 ($M) - Global Industry Research
3.3 Professional Athlete Market 2023-2030 ($M) - Global Industry Research
4.Global Kinesio Tape Market, By Type Market 2023-2030 (Volume/Units)
4.1 Precut Strip Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Single Roll Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Bulk Roll Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Kinesio Tape Market, By Distribution Channel Market 2023-2030 (Volume/Units)
5.1 Franchised Store Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Supermarket Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 On-Line Shop Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Sport Team Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Clinical Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Kinesio Tape Market, By End User Market 2023-2030 (Volume/Units)
6.1 Hospital Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Rehab Center Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Professional Athlete Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Kinesio Tape Market, By Type Market 2023-2030 ($M)
7.1 Precut Strip Market 2023-2030 ($M) - Regional Industry Research
7.2 Single Roll Market 2023-2030 ($M) - Regional Industry Research
7.3 Bulk Roll Market 2023-2030 ($M) - Regional Industry Research
8.North America Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
8.1 Franchised Store Market 2023-2030 ($M) - Regional Industry Research
8.2 Supermarket Market 2023-2030 ($M) - Regional Industry Research
8.3 On-Line Shop Market 2023-2030 ($M) - Regional Industry Research
8.4 Sport Team Market 2023-2030 ($M) - Regional Industry Research
8.5 Clinical Market 2023-2030 ($M) - Regional Industry Research
9.North America Kinesio Tape Market, By End User Market 2023-2030 ($M)
9.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
9.2 Rehab Center Market 2023-2030 ($M) - Regional Industry Research
9.3 Professional Athlete Market 2023-2030 ($M) - Regional Industry Research
10.South America Kinesio Tape Market, By Type Market 2023-2030 ($M)
10.1 Precut Strip Market 2023-2030 ($M) - Regional Industry Research
10.2 Single Roll Market 2023-2030 ($M) - Regional Industry Research
10.3 Bulk Roll Market 2023-2030 ($M) - Regional Industry Research
11.South America Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
11.1 Franchised Store Market 2023-2030 ($M) - Regional Industry Research
11.2 Supermarket Market 2023-2030 ($M) - Regional Industry Research
11.3 On-Line Shop Market 2023-2030 ($M) - Regional Industry Research
11.4 Sport Team Market 2023-2030 ($M) - Regional Industry Research
11.5 Clinical Market 2023-2030 ($M) - Regional Industry Research
12.South America Kinesio Tape Market, By End User Market 2023-2030 ($M)
12.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
12.2 Rehab Center Market 2023-2030 ($M) - Regional Industry Research
12.3 Professional Athlete Market 2023-2030 ($M) - Regional Industry Research
13.Europe Kinesio Tape Market, By Type Market 2023-2030 ($M)
13.1 Precut Strip Market 2023-2030 ($M) - Regional Industry Research
13.2 Single Roll Market 2023-2030 ($M) - Regional Industry Research
13.3 Bulk Roll Market 2023-2030 ($M) - Regional Industry Research
14.Europe Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
14.1 Franchised Store Market 2023-2030 ($M) - Regional Industry Research
14.2 Supermarket Market 2023-2030 ($M) - Regional Industry Research
14.3 On-Line Shop Market 2023-2030 ($M) - Regional Industry Research
14.4 Sport Team Market 2023-2030 ($M) - Regional Industry Research
14.5 Clinical Market 2023-2030 ($M) - Regional Industry Research
15.Europe Kinesio Tape Market, By End User Market 2023-2030 ($M)
15.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
15.2 Rehab Center Market 2023-2030 ($M) - Regional Industry Research
15.3 Professional Athlete Market 2023-2030 ($M) - Regional Industry Research
16.APAC Kinesio Tape Market, By Type Market 2023-2030 ($M)
16.1 Precut Strip Market 2023-2030 ($M) - Regional Industry Research
16.2 Single Roll Market 2023-2030 ($M) - Regional Industry Research
16.3 Bulk Roll Market 2023-2030 ($M) - Regional Industry Research
17.APAC Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
17.1 Franchised Store Market 2023-2030 ($M) - Regional Industry Research
17.2 Supermarket Market 2023-2030 ($M) - Regional Industry Research
17.3 On-Line Shop Market 2023-2030 ($M) - Regional Industry Research
17.4 Sport Team Market 2023-2030 ($M) - Regional Industry Research
17.5 Clinical Market 2023-2030 ($M) - Regional Industry Research
18.APAC Kinesio Tape Market, By End User Market 2023-2030 ($M)
18.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
18.2 Rehab Center Market 2023-2030 ($M) - Regional Industry Research
18.3 Professional Athlete Market 2023-2030 ($M) - Regional Industry Research
19.MENA Kinesio Tape Market, By Type Market 2023-2030 ($M)
19.1 Precut Strip Market 2023-2030 ($M) - Regional Industry Research
19.2 Single Roll Market 2023-2030 ($M) - Regional Industry Research
19.3 Bulk Roll Market 2023-2030 ($M) - Regional Industry Research
20.MENA Kinesio Tape Market, By Distribution Channel Market 2023-2030 ($M)
20.1 Franchised Store Market 2023-2030 ($M) - Regional Industry Research
20.2 Supermarket Market 2023-2030 ($M) - Regional Industry Research
20.3 On-Line Shop Market 2023-2030 ($M) - Regional Industry Research
20.4 Sport Team Market 2023-2030 ($M) - Regional Industry Research
20.5 Clinical Market 2023-2030 ($M) - Regional Industry Research
21.MENA Kinesio Tape Market, By End User Market 2023-2030 ($M)
21.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
21.2 Rehab Center Market 2023-2030 ($M) - Regional Industry Research
21.3 Professional Athlete Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Kinesio Tape Market Revenue, 2023-2030 ($M)
2.Canada Kinesio Tape Market Revenue, 2023-2030 ($M)
3.Mexico Kinesio Tape Market Revenue, 2023-2030 ($M)
4.Brazil Kinesio Tape Market Revenue, 2023-2030 ($M)
5.Argentina Kinesio Tape Market Revenue, 2023-2030 ($M)
6.Peru Kinesio Tape Market Revenue, 2023-2030 ($M)
7.Colombia Kinesio Tape Market Revenue, 2023-2030 ($M)
8.Chile Kinesio Tape Market Revenue, 2023-2030 ($M)
9.Rest of South America Kinesio Tape Market Revenue, 2023-2030 ($M)
10.UK Kinesio Tape Market Revenue, 2023-2030 ($M)
11.Germany Kinesio Tape Market Revenue, 2023-2030 ($M)
12.France Kinesio Tape Market Revenue, 2023-2030 ($M)
13.Italy Kinesio Tape Market Revenue, 2023-2030 ($M)
14.Spain Kinesio Tape Market Revenue, 2023-2030 ($M)
15.Rest of Europe Kinesio Tape Market Revenue, 2023-2030 ($M)
16.China Kinesio Tape Market Revenue, 2023-2030 ($M)
17.India Kinesio Tape Market Revenue, 2023-2030 ($M)
18.Japan Kinesio Tape Market Revenue, 2023-2030 ($M)
19.South Korea Kinesio Tape Market Revenue, 2023-2030 ($M)
20.South Africa Kinesio Tape Market Revenue, 2023-2030 ($M)
21.North America Kinesio Tape By Application
22.South America Kinesio Tape By Application
23.Europe Kinesio Tape By Application
24.APAC Kinesio Tape By Application
25.MENA Kinesio Tape By Application
26.Star Micronics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Kt Health, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Microcom Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Epson, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sportstex, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Spidertech Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Boca System, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Kinesio Holding Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Pyramid Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)