Sports taping is a popular method of injury prevention, especially among sportsmen. This is a technique that includes applying stiffer sports tape on muscles or bones in order to maintain them in a specific posture. This is particularly useful around joints, such as the ankles, wrists, and hands. Exercise and competitive sports can cause sprains, breaks, and other injuries, and this extra support can help prevent them. Moreover, sports tapes are also used in rehabilitation centers for therapeutic purposes to induce body’s natural healing process. Some of the common sports tapes available are cohesive bandage, elastic adhesive bandage, kinesiology tape, among others.
MARKET DYNAMICS
Muscle discomfort is becoming more common as a result of an increase in minor sports-related injuries, which will help drive market expansion. Furthermore, these tapes aid in the relief of pain in the elderly, resulting in an increase in the market for sports recordings. Rising interest of people in sports and other recreational activities is also expected to contribute to the demand for various sports accessories including sports tapes. The global market for sports tapes is expected to grow at a significant pace because to an increase in athletics and aerobics activities and a rising importance sports tapes for treating physiological disorders occurred during these activities.
MARKET SCOPE
The "Global Sports Tape Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the sports tape market with detailed market segmentation based on type and distribution channel. The global sports tape market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sports tape market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sports tape market is segmented into type and distribution channel. By type, the sports tape market is classified into cohesive bandage, elastic adhesive bandage, kinesiology tape, and others. By distribution channel, the sports tape market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global sports tape market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sports tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sports tape market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sports tape in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global sports tape market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The sports tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the sports tape market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the sports tape in these regions.
MARKET PLAYERS
The report covers vital developments in the sports tape as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luxury lipsticks are anticipated to witness lucrative growth opportunities in the future with the rising demand for luxury lipsticks in the global market. Below mentioned is the list of few companies engaged in the sports tape market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the sports tape market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Arrowhead Tapes and Wraps
- Hero Medical Tape
- MBK Tape Solutions
- DL Medical and Health
- AtexMedical
- Towatek Korea
- K-active
- Healixon
- TERA Medical
- Kindmax
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sports Tapes Market - By Type
1.3.2 Sports Tapes Market - By Distribution Channel
1.3.3 Sports Tapes Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SPORTS TAPES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. SPORTS TAPES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SPORTS TAPES MARKET - GLOBAL MARKET ANALYSIS
6.1. SPORTS TAPES - GLOBAL MARKET OVERVIEW
6.2. SPORTS TAPES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. SPORTS TAPES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. COHESIVE BANDAGE
7.3.1. Overview
7.3.2. Cohesive Bandage Market Forecast and Analysis
7.4. ELASTIC ADHESIVE BANDAGE
7.4.1. Overview
7.4.2. Elastic Adhesive Bandage Market Forecast and Analysis
7.5. KINESIOLOGY TAPE
7.5.1. Overview
7.5.2. Kinesiology Tape Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. SPORTS TAPES MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
8.4. SPECIALTY STORES
8.4.1. Overview
8.4.2. Specialty Stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online Retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. SPORTS TAPES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Sports Tapes Market Overview
9.1.2 North America Sports Tapes Market Forecasts and Analysis
9.1.3 North America Sports Tapes Market Forecasts and Analysis - By Type
9.1.4 North America Sports Tapes Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Sports Tapes Market Forecasts and Analysis - By Countries
9.1.5.1 United States Sports Tapes Market
9.1.5.1.1 United States Sports Tapes Market by Type
9.1.5.1.2 United States Sports Tapes Market by Distribution Channel
9.1.5.2 Canada Sports Tapes Market
9.1.5.2.1 Canada Sports Tapes Market by Type
9.1.5.2.2 Canada Sports Tapes Market by Distribution Channel
9.1.5.3 Mexico Sports Tapes Market
9.1.5.3.1 Mexico Sports Tapes Market by Type
9.1.5.3.2 Mexico Sports Tapes Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Sports Tapes Market Overview
9.2.2 Europe Sports Tapes Market Forecasts and Analysis
9.2.3 Europe Sports Tapes Market Forecasts and Analysis - By Type
9.2.4 Europe Sports Tapes Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Sports Tapes Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Sports Tapes Market
9.2.5.1.1 Germany Sports Tapes Market by Type
9.2.5.1.2 Germany Sports Tapes Market by Distribution Channel
9.2.5.2 France Sports Tapes Market
9.2.5.2.1 France Sports Tapes Market by Type
9.2.5.2.2 France Sports Tapes Market by Distribution Channel
9.2.5.3 Italy Sports Tapes Market
9.2.5.3.1 Italy Sports Tapes Market by Type
9.2.5.3.2 Italy Sports Tapes Market by Distribution Channel
9.2.5.4 United Kingdom Sports Tapes Market
9.2.5.4.1 United Kingdom Sports Tapes Market by Type
9.2.5.4.2 United Kingdom Sports Tapes Market by Distribution Channel
9.2.5.5 Russia Sports Tapes Market
9.2.5.5.1 Russia Sports Tapes Market by Type
9.2.5.5.2 Russia Sports Tapes Market by Distribution Channel
9.2.5.6 Rest of Europe Sports Tapes Market
9.2.5.6.1 Rest of Europe Sports Tapes Market by Type
9.2.5.6.2 Rest of Europe Sports Tapes Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Sports Tapes Market Overview
9.3.2 Asia-Pacific Sports Tapes Market Forecasts and Analysis
9.3.3 Asia-Pacific Sports Tapes Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Sports Tapes Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Sports Tapes Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Sports Tapes Market
9.3.5.1.1 Australia Sports Tapes Market by Type
9.3.5.1.2 Australia Sports Tapes Market by Distribution Channel
9.3.5.2 China Sports Tapes Market
9.3.5.2.1 China Sports Tapes Market by Type
9.3.5.2.2 China Sports Tapes Market by Distribution Channel
9.3.5.3 India Sports Tapes Market
9.3.5.3.1 India Sports Tapes Market by Type
9.3.5.3.2 India Sports Tapes Market by Distribution Channel
9.3.5.4 Japan Sports Tapes Market
9.3.5.4.1 Japan Sports Tapes Market by Type
9.3.5.4.2 Japan Sports Tapes Market by Distribution Channel
9.3.5.5 South Korea Sports Tapes Market
9.3.5.5.1 South Korea Sports Tapes Market by Type
9.3.5.5.2 South Korea Sports Tapes Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Sports Tapes Market
9.3.5.6.1 Rest of Asia-Pacific Sports Tapes Market by Type
9.3.5.6.2 Rest of Asia-Pacific Sports Tapes Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Sports Tapes Market Overview
9.4.2 Middle East and Africa Sports Tapes Market Forecasts and Analysis
9.4.3 Middle East and Africa Sports Tapes Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Sports Tapes Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Sports Tapes Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Sports Tapes Market
9.4.5.1.1 South Africa Sports Tapes Market by Type
9.4.5.1.2 South Africa Sports Tapes Market by Distribution Channel
9.4.5.2 Saudi Arabia Sports Tapes Market
9.4.5.2.1 Saudi Arabia Sports Tapes Market by Type
9.4.5.2.2 Saudi Arabia Sports Tapes Market by Distribution Channel
9.4.5.3 U.A.E Sports Tapes Market
9.4.5.3.1 U.A.E Sports Tapes Market by Type
9.4.5.3.2 U.A.E Sports Tapes Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Sports Tapes Market
9.4.5.4.1 Rest of Middle East and Africa Sports Tapes Market by Type
9.4.5.4.2 Rest of Middle East and Africa Sports Tapes Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Sports Tapes Market Overview
9.5.2 South and Central America Sports Tapes Market Forecasts and Analysis
9.5.3 South and Central America Sports Tapes Market Forecasts and Analysis - By Type
9.5.4 South and Central America Sports Tapes Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Sports Tapes Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Sports Tapes Market
9.5.5.1.1 Brazil Sports Tapes Market by Type
9.5.5.1.2 Brazil Sports Tapes Market by Distribution Channel
9.5.5.2 Argentina Sports Tapes Market
9.5.5.2.1 Argentina Sports Tapes Market by Type
9.5.5.2.2 Argentina Sports Tapes Market by Distribution Channel
9.5.5.3 Rest of South and Central America Sports Tapes Market
9.5.5.3.1 Rest of South and Central America Sports Tapes Market by Type
9.5.5.3.2 Rest of South and Central America Sports Tapes Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SPORTS TAPES MARKET, KEY COMPANY PROFILES
11.1. ARROWHEAD TAPES AND WRAPS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. HERO MEDICAL TAPE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. MBK TAPE SOLUTIONS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DL MEDICAL AND HEALTH
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ATEXMEDICAL
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. TOWATEK KOREA
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. K-ACTIVE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. HEALIXON
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TERA MEDICAL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. KINDMAX
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Arrowhead Tapes and Wraps
2. Hero Medical Tape
3. MBK Tape Solutions
4. DL Medical and Health
5. AtexMedical
6. Towatek Korea
7. K-active
8. Healixon
9. TERA Medical
10. Kindmax
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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