  In a previous paper, we computed the energy density and the non-linear energy
cascade rate for transverse kink waves using Elsasser variables. In this paper,
we focus on the standing kink waves, which are impulsively excited in coronal
loops by external perturbations. We present an analytical calculation to
compute the damping time due to the non-linear development of the
Kelvin-Helmholtz instability. The main result is that the damping time is
inversely proportional to the oscillation amplitude. We compare the damping
times from our formula with the results of numerical simulations and
observations. In both cases we find a reasonably good match. The comparison
with the simulations show that the non-linear damping dominates in the high
amplitude regime, while the low amplitude regime shows damping by resonant
absorption. In the comparison with the observations, we find a power law
inversely proportional to the amplitude $\eta^{-1}$ as an outer envelope for
our Monte Carlo data points.
