What is Athletic Tape Market?
An athletic tape is basically a rigid form of specially created adhesive tape that is designed to help promote athletic performance, prevent injury, and assist with injury rehabilitation. It helps in reducing pressure to the tissue, which may reduce discomfort or pain. It can help provide support to muscles by helping the muscle to not over-extend or over-contract.
The market study is being classified by Type (Roll Tape and Pre-cut Bandage) and major geographies with country level break-up.
3M (United States), SpiderTech (Canada), Johnson & Johnson (United States), RockTape, Inc. (United States), Mueller Industries, Inc. (United States), Atex Technologies, Inc. (United States), Towatek Korea (South Korea), Healixon (Netherlands), Walgreen Company (United States) and Mueller Sports Medicine, Inc. (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Athletic Tape market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Athletic Tape market by Type, Application and Region.
On the basis of geography, the market of Athletic Tape has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Awareness regarding General Health and Fitness
- Rise in the Online Platforms
- Increased Number of Sport Events
- High Demand for Athletic Tapes with Advanced Materials
- Fluctuation in the Raw Material Prices such as Cotton
- Growing Demand for Athletic Tape from Online Customers
- Rise in the Sports Equipment Industry
- Robust Increase in the Distribution Channels
- Availability of Substitute Products in the Market
Market Leaders and some development strategies
On October 2019, -3M has announced that it has completed the acquisition of Acelity, Inc. and its KCI subsidiaries worldwide from a consortium comprised of funds advised by Apax Partners (the Apax Funds), together with controlled affiliates of the Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSP Investments)
Key Target AudienceAthletic Tape Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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