The Latin America, Middle East and Africa Walking Canes Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 4,654.6 thousand units, showcasing a growth of 8.4% (2024-2031).
The walking cane market has seen a notable rise in demand for aged use canes, catering specifically to seniors and individuals with mobility challenges. These canes are designed with features that prioritize comfort, stability, and ease of use, recognizing the unique needs of older adults. With ergonomic handles, adjustable heights, and sturdy construction, aged-use canes provide essential support for daily activities while reducing the risk of falls or discomfort. Therefore, the Brazil market registered a volume of 618.85 thousand units for aged use cases in 2023.
The Brazil market dominated the LAMEA Walking Canes Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $43.8 million by 2031. The Argentina market is showcasing a CAGR of 8.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7% during (2024 - 2031).
The market is a dynamic and evolving healthcare and mobility aid sector. These canes have long been essential tools for individuals seeking support, stability, and mobility assistance. While traditionally associated with elderly populations or individuals with mobility impairments, canes are increasingly embraced by a diverse range of users for various applications and purposes.
In addition, the adoption of walking stick spans across demographics, reflecting users' diverse needs and preferences. While older adults remain a prominent demographic group for walking cane usage, the market has witnessed growing adoption among younger populations, including individuals recovering from injuries or surgeries, athletes seeking support during rehabilitation, and outdoor enthusiasts exploring rugged terrains.
As the population in South Africa ages, there is a higher prevalence of age-related health conditions such as arthritis, osteoporosis, and neurological disorders. As per the data from the Government of South Africa, in 2022, the estimated population of South Africa included more than five million people aged 60 or older. This represents a 9.2 percent share of the overall South African population. Furthermore, convenience is a major driving force behind the growth of e-commerce in the UAE. E-commerce platforms make it simple and convenient for customers. As per the data from the International Trade Administration, among Gulf Cooperation Council (GCC) nations, the UAE is the leader in e-commerce, with a record-breaking $3.9 billion in e-commerce sales in 2020, representing 10% of total retail sales and a 53% increase. Therefore, the growing aging population and e-commerce platform numbers in LAMEA will assist in the expansion of the regional walking canes market. Therefore, the growing aging population and e-commerce platform numbers in LAMEA will assist in the expansion of the regional market.
Free Valuable Insights: The Worldwide Walking Canes Market is Projected to reach USD 2.2 Billion by 2031, at a CAGR of 4.9%
Based on End Use, the market is segmented into Aged Use, Patient Use, and Decoration Use. Based on Material, the market is segmented into Wooden, Carbon Fiber, Metal, and Others. Based on Distribution Channel, the market is segmented into Retail Stores, Online Retail, and Specialty Medical Stores. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By End Use (Volume, Thousand units, USD Billion, 2020-2031)
By Material (Volume, Thousand units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand units, USD Billion, 2020-2031)
By Country (Volume, Thousand units, USD Billion, 2020-2031)
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