Tattoo Removal Market: Global Industry Analysis and Forecast (2023-2029)

The Tattoo Removal Market was valued at US $ 4213.41 Mn. in 2022. Global Tattoo Removal Market size is estimated to grow at a CAGR of 13.8%.
Tattoo Removal Market Overview:
A Tattoo is a temporary or permanent ink marking on a skin. The tattoos are inked by inserting pigment or ink under the skin by a needle. People get tattoos for several reasons, such as cultural, personal, ritual, and spiritual beliefs.

The tattoo removal process is consists of the removal of permanent or temporary tattoos on the skin. People across the globe are moving towards getting rid of their tattoos for several reasons, including career purpose, social environment, personal sentiments, and health concerns. In the market, there are several tattoo removal procedures such as laser, creams, deep chemical peels, and surgical procedures. To know about the Research Methodology :- Request Free Sample Report
Tattoo Removal Market Dynamics:
People with Tattoos has hidden opportunity for Tattoo Removal Market:
A growing number of tattoo consumers along with tattoo regrets people across the globe is expected to provide a huge opportunity for tattoo removal market growth during the forecast period. According to a report, in U.S., there are 36% of citizens of the age group between 18-29 years has a tattoo on their skin. Generally, people in U.S. spend US $ 1650 million yearly on the tattoo.

Country-wise Population percentage of tattoo consumers (in %):



Tattoo regrets among people:

The high prevalence of 'tattoo regret’ among people across the globe is expected to uplift the demand for tattoo removal product during the forecast period. According to report, For example, according to B&T Magazine article, 28.6% of females and 29.7% of males wanted to remove their tattoo, and among them, more than 35.0% of the population of the age group of 18 to 21 who had tattoos on their body and wanted to remove. For instance, there are more than 50 million people in U.S. who accounted for 46% of total population, who has tattoos on their body, and from 17% - 50% people regret their tattoo and look for a solution.
Tattoo Removal Market Segment Analysis
Based on the Technology, the Tattoo Removal Market is segmented into Laser Procedure, Surgical Procedure, Radiofrequency, and Others. The Laser Procedure segment held the largest market share, accounting for 78% in 2022. Technological improvements have made laser tattoo removal technology more effective along with lesser side effects. In this procedure, a high-intensity laser beam destroys the pigments of the tattoo ink under the skin. The Laser Procedure takes lesser times as compared to other procedures. It takes time to remove a tattoo is between 30 seconds to 15 minutes to complete, depending on the size, color, and complexity of the tattoo. In addition, laser treatment is considered as most successful and cost-effective technology to remove tattoos. Generally, most tattoos are removed by Q-switched laser technology. It strikes out energy in one strong pulse, which heats the ink in the skin to dissolve it. According to the American Society for Aesthetic Plastic Surgery, In U.S., the national average cost of laser removal is $463.

The surgical tattoo removal procedure is also known as excision tattoo removal, which comprises cutting off tattooed skin and stitching the remaining skin back together. It is one of the most invasive methods of tattoo removal procedure, which completely removes a tattoo. The cost of the surgical tattoo removal method is lower than the laser removal procedure. Depending on size of the tattoo, surgical removal procedure cost range between the US $ 150 to the US $ 350.

Based on the End-User, the Tattoo Removal Market is segmented into Hospitals and laser centers, and Dermatology Clinics. The Hospitals and laser centers segment held the largest market share, accounting for 68.7% in 2022. The Hospitals and laser centers provide Safe, Cost-effective, and efficient tattoo removal treatment, which makes them most preferable over other options. The growing number of tattoo removal procedures performed in hospitals and laser centers is also fueling the market growth. The growing number of hospitals and laser along with trained specialists across the regions is expected to drive the tattoo removal market growth during the forecast period.
Tattoo Removal Market Regional Insights:
North America region held the largest market share accounted for 40.2% in 2022. The region's growth is attributed to the presence of major key players in the region. The growing demand for tattoo removal, as 'tattoo regret' among people, is expected to uplift the regional market during the forecast period. The growing number of dermatologists specializing in tattoo removal along with the increasing tattoo removal facilities in the region is fueling the tattoo removal market growth during the forecast period.

Asia Pacific region is expected to witness a rapid growth rate at a CAGR of 14.1% during the forecast period. The region’s growth is attributed to growing awareness about tattoo removal methods in the region. The advancement in laser tattoo removal technology along with its effectiveness, as a result, increased use of this method in countries like China, India, and Japan are driving the tattoo removal market growth during the forecast period for this segment.

The objective of the report is to present a comprehensive analysis of the Tattoo Removal Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Tattoo Removal Market dynamic, structure by analyzing the market segments and projecting the Tattoo Removal Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Tattoo Removal Market make the report investor’s guide.
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Global Tattoo Removal Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 4213.41 Mn.


Forecast Period 2023 to 2029 CAGR:
13.8%
Market Size in 2029:
US $ 10414.3 Mn.


 Segments Covered:
by Technology
Laser Procedure
Surgical Procedure
Radiofrequency
Others


by End-User
Hospitals and laser centers
Dermatology Clinics



Tattoo Removal Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Global Tattoo Removal Market Key Players are:
1. Lutronic Corporation
2. Hologic (Cynosure, Inc.)
3. Alma Lasers, Ltd.
4. Syneron candela
5. Astanza
6. EL.En. S.p.A
7. Cutera Inc.
8. Lumenis Ltd.
9. Agic Capital (Fotona D.O.O.)
10.Bison Medical
11.Candela Corporation
12.Cryomed Aesthetics
13.Asclepion Laser Technologies
14.Solta Medical
15.Lynton Lasers
16.Sciton, Inc.
17.DEKA M.E.L.A. srl
18.Quanta System

Frequently Asked Questions:

1] What segments are covered in the Tattoo Removal Market report?
Ans. The segments covered in the Market report are based on Technology and End-User.

2] Which region is expected to hold the highest share in the Market?
Ans. The North America region is expected to hold the highest share in the Market.

3] What is the market size of the Tattoo Removal Market by 2029?
Ans. The market size of the Market by 2029 is US $ 10414.3 Mn.

4] What is the forecast period for the Tattoo Removal Market?
Ans. The Forecast period for the Market is 2022-2029.

5] What was the market size of the Tattoo Removal Market in 2022?
Ans. The market size of the Market in 2022 was US $ 4213.41 Mn.