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Tattoo Removal Market Size, Share & Industry Analysis, By Procedures (Laser Procedures, Surgical Procedures, Dermabrasion, and Others), By Facility Type (Artist Studios, Dermatology Clinics, and Others), By End-User (Women and Men), and Regional Forecast, 2024-2032
Report Format: PDF | Latest Update: Nov, 2024 | Published Date: Oct, 2024 | Report ID: FBI110418 | Status : PublishedThe global tattoo removal market size was valued at USD 990.46 million in 2023 and is anticipated to grow from USD 1,130.22 million in 2024 to USD 3,570.37 million by 2032, exhibiting a CAGR of 15.46% during the forecast period. North America dominated the tattoo removal market with a market share of 36.11% in 2023.
Tattoo removal has become one of the most popular medical aesthetic treatments in recent times. The growing trend of having body painting, tattooing, and other forms of body art and the increasing number of youngsters who prefer upgrading or regret the existing body art are driving the demand for tattoo erasing services. According to a survey conducted over American consumers by Advanced Dermatology, a North Shore, Australia-based dermatological clinic, in 2023,
- 1 in 4 Americans regrets of having at least one tattoo
- 19% regret for the tattoos of letters/scripts
- 16% regret for the tattoos of symbols
- 12% regret for the tattoos of names
- 10% regret for the tattoos of animal-related art
- 9% regret for the tattoos showcasing tribal aspects.
The closure of tattoo parlors due to COVID-19-related lockdown restrictions significantly impacted service revenues across many countries. Furthermore, the shortage of medical aesthetic devices, including tattoo removal equipment and piercing tools, due to supply chain disruptions during the COVID-19 pandemic posed challenges for parlors in managing their daily operations. However, the reopening of skincare treatment clinics and easing of the lockdown restrictions have supported the demand for these procedures in many countries.
Tattoo Removal Market Trends
Growing Trend of Vegan Tattoo Aftercare to Augment Market Growth
During tattoo aftercare treatments, vegan skincare products assist better in regaining skin color, tone, and brightness over synthetically-made skincare cosmetics. Vegan skincare items made of coconut oil, rosemary extracts, and essential oils have become widely popular. Increasing demand for vegan cosmetic items among parlors while performing ink erasing and aftercare treatments builds consumers’ trust in these services, favoring the market growth globally.
Tattoo Removal Market Growth Factors
Technological Advancements in Tattoo Ink Erasing Tools to Drive Market Growth
Advancements in laser ink eraser tools and other tattoo removal technologies have improved their effectiveness, reduced side effects, and enhanced patient satisfaction. Picostar, a state-of-the-art laser technology-based device maker, is offering Picosecond Laser, an ultra-short pulses technology-based skin pigment removal tool in Australia. The tool is able to create a photomechanical effect that shatters the tattoo ink particles into granular fragments, making it easier to eliminate ink from the body. Increasing adoption of such innovative tools by tattoo artists and growing consumer preference for innovative and safer aesthetic laser surgery to remove tattoos will drive the tattoo removal market growth.
Growing Establishment of Tattoo Parlors and Dermatology Clinics to Favor Services Demand
The increasing number of tattoo parlors and dermatology clinics offering dedicated skin pigmentation treatment, tattoo ink erasing, and aftercare services will increase the revenues of the market in many countries. Furthermore, a growing number of tattoo artists want to offer quality tattooing services, which will support the development of the tattoo erasing industry in the future. According to the Vietnam Tattoo Convention, as of September 2023, there were around 1,000 tattoo shops in Ho Chi Minh City (HCMC), and the number is expected to grow 30-40% annually.
RESTRAINING FACTORS
Higher Cost of Laser Ink Erasing Sessions to Impact Market Growth
According to the American Society of Aesthetic Plastic Surgery, as of 2023, a laser removal procedure required 7-10 sessions to remove tattoos, with an average cost per session of USD 463. The higher cost of multiple laser ink erasing sessions and increasing incidences of skin infection, discoloration, and incomplete ink removal due to the poor quality of tattoo removal procedures can restrain the services demand globally.
Tattoo Removal Market Segmentation Analysis
By Procedures Analysis
Laser Procedures Segment Holds Majority Market Share Due to Its Higher Demand Over Its Counterparts
Based on procedures, the market is segmented into laser procedures, surgical procedures, dermabrasion, and others.
The laser procedures segment is expected to grow at the fastest rate during the forecast period of 2024-2032. Higher consumer preference for laser procedures to get a painless ink erasing & aftercare service resulted in this segment accounting for a major tattoo removal market share in 2023. Furthermore, shifting plastic surgeons’ preference from conducting invasive surgical procedures to safe and effective Q-switched lasers for tattoo erasing treatments will also skyrocket the segment’s growth.
The surgical procedures segment is expected to grow at a slower rate during 2024-2032. Increasing adoption of surgical skincare procedures by hospitals to remove small-sized tattoos and provide anti-bacterial ointment to the affected skin areas will support the segment’s growth.
The dermabrasion segment is slated to grow at the third-fastest rate during 2024-2032. The growing number of dermatologists recommending the dermabrasion skincare procedure for an effective ink rub out treatment will drive the segment’s revenues.
The others segment covers the analysis of various other skincare services, including cream application, chemical peel usage, professional assessment, and aftercare services. The others segment is slated to grow at a second faster rate during 2024-2032. Increasing consumer preference for do-it-yourself (DIY) skin care treatments will drive the segment’s growth.
By Facility Type Analysis
Artist Studios Led the Market Share Due to Their Provision of Affordable Services
By facility type, the global market is segregated into artist studios, dermatology clinics, and others.
The artist studios segment exhibited a majority market share in 2023. Artist studios provide ink erasing and aftercare services at the cost of the first tattoo application services. Increasing consumer preference for affordable skincare treatment services at dedicated tattoo parlors will drive the segment’s growth at the fastest rate during 2024-2032. According to a survey conducted at over 12 Italian universities by the Multidisciplinary Digital Publishing Institute (MDPI), 56.6% of the students among 1,472 respondents were tattooed. 93.9% of them got their first tattoo in a tattoo studio.
The dermatology clinics segment is slated to grow at the second-fastest rate during 2024-2032. Dermatologists' provision of multiple laser skin care treatments to deeply remove tattoo ink will drive the segment’s revenues.
The others segment covers the analysis of various facility types, including hospitals, wellness centers, and salons & spas. Consumers mainly prefer visiting medical spas and wellness centers to undergo massage, aromatherapy, manicure, and pedicure treatments. This segment is slated to grow at a slower rate during 2024-2032 due to the lesser consumer preference to visit spas to remove tattoos.
By End-User Analysis
Women Segment Led Market Due to Greater Regret of Getting Tattooed
Based on end-user, the global market is bifurcated into women and men.
The women segment captured a major market share in 2023 as a higher number of women either upgrade or regret the existing tattoo compared to men. This segment is also slated to grow at the fastest rate during the forecast period. According to the data published by the Korean Society for Laser Treatment and Surgery (KSLMS), in 2020, 60% of the patients seeking tattoo-erasing services in South Korea were women.
The growing trend of body painting, piercing, and body art among men will drive the men segment’s growth at the second-fastest rate during 2024-2032.
REGIONAL INSIGHTS
Based on region, the global market for tattoo removal is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
The North American market was valued at USD 357.66 million in 2023. The higher number of consumers upgrading or regretting their existing tattoos in the U.S. and Canada resulted in the region holding a major market share in 2023. According to the surveyed data published by Removery, a global body art company, in 2023, around 28 million people in Australia, the U.S., and Canada had at least one tattoo with which they were dissatisfied with or disliked. In addition, the growing trend of having 3D-printed tattoos among Mexicans and Americans will drive the North American market growth.
The Asia Pacific market is expected to showcase the highest CAGR during 2024-2032. Many Chinese government authorities imposed a mandate on the citizens to partially or completely remove their tattoos or body marks. In December 2021, the Chinese sports administration imposed a mandate on sports players to remove tattoos, if they have any, completely. This aspect has significantly increased the services demand in the country. The growing influence of the tattooing culture on people from social media platforms, including Facebook and Twitter in India, Japan, Australia, and Southeast Asia will favor the Asia Pacific market growth.
The European market is slated to grow at the second-fastest rate during 2024-2032. The high prevalence of tattooing and growing trend of having some form of body art among youngsters in Italy, the U.K., Turkey, Sweden, and Spain will drive the European market growth. According to the National Centre for Biotechnology Information (NCBI), around 12.6% of Spanish students reported having a tattoo.
The increasing number of international tourists preferring luxury skincare and tattooing services in Brazil and Argentina will drive the South American market growth. According to the Argentine National Institute of Statistics and Censuses (INDEC), in June 2023, Argentina welcomed 947,800 international tourists, 79.6% up over the same month in 2022.
The growing culture of body art among youngsters in the UAE and Saudi Arabia and increasing preference for laser treatment procedures among consumers in Israel, South Africa, and Egypt will favor the Middle East & African market growth.
KEY INDUSTRY PLAYERS
Companies to Focus On Expanding Franchise Base to Support Market Development
The leading market players, such as Removery, East Coast Worldwide, and Derick Dermatology, among others, are utilizing cutting-edge technology-based ink-erasing devices to enable consumers to have a painless skincare treatment and increase their satisfaction. Furthermore, they are focusing on expanding their franchise base to increase their business revenues. For instance, as of September 2022, Removery operated with more than 30 additional studios and had added 50 more studios by the end of 2022.
LIST OF TOP TATTOO REMOVAL COMPANIES:
- Removery (U.S.)
- East Coast Worldwide (U.S.)
- Derick Dermatology (U.S.)
- Think Again Laser Clinic (Australia)
- A&E 2020 Corp. (U.S.)
- LUTRONIC (U.S.)
- Laser Ink & LTD Company (U.K.)
- Reno Tattoo Removal (U.S.)
- Tattoo Removal Inc. (U.S.)
- Chroma Tattoo & Laser Tattoo Removal (U.S.)
KEY INDUSTRY DEVELOPMENTS:
- March 2023: NAAMA Studios, a London, U.K.-based ink erasing services brand, invested USD 37.1 million (£30 million) to expand its business globally.
- October 2022 – Removery expanded its presence by opening its 100th skincare treatment clinic in South Florida, U.S. In addition, the company acquired tattoo removal businesses, Flash Tattoo Removal, Delete Tattoo Removal & Medical Salon, and InkOff Tattoo Removal to increase its presence by eight new locations.
- February 2022 – Ray Studios secured USD 3 million investment from AirAngels, Kima Ventures, Nickleby Capital, and True Capital from Europe. This investment enabled the company to further expand its base in Europe.
- September 2021: Removery, a global skincare services provider, acquired Clean Slate Laser, a New York-based premier body art services business, to further expand its business presence in the U.S.
- July 2021: Ephemeral Tattoo invested USD 20 million to develop innovative tattoo color inks and open its second shop in Los Angeles, U.S.
- July 2021: Removery expanded its domestic and international presence by acquiring GO! Tattoo Removal & Fallen Ink Tattoo Removal in the U.S., Second Skin Tattoo Removal & Fade Away Tattoo Removal in Canada, and Doff & Flux Tattoo Removal in Australia.
REPORT COVERAGE
The report analyzes the market in depth and highlights crucial aspects, such as prominent companies, services, procedures, skincare facility types, end-users, and other industry areas. Besides this, the report outlines key market trends and competitive landscape, and highlights significant industry developments. In addition to the aspects mentioned earlier, the report encompasses several factors contributing to the market's growth.
Report Scope & Segmentation
ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Growth Rate | CAGR of 15.46% during 2024-2032 |
Unit | Value (USD Million) |
Segmentation | By Procedures
By Facility Type
By End-User
By Region
|
Frequently Asked Questions
How much is the global tattoo removal market worth?
Fortune Business Insights says that the global market size is set to be valued at USD 1,130.22 million in 2024 and is anticipated to reach USD 3,570.37 million by 2032.
What is the value of the global tattoo removal market in 2023?
In 2023, the market value stood at USD 990.46 million.
At what CAGR is the global market projected to grow during the forecasted period of 2024-2032?
The global market is forecasted to record a CAGR of 15.46% during the forecast period.
Which is the leading market segment based on procedure in this market?
By procedure, the laser procedures segment holds the leading market share.
What is the crucial factor driving the global market growth?
Technological advancements in tattoo eraser tools will drive the market growth.
Who are the key players operating in the global market?
Removery, East Coast Worldwide, and Derick Dermatology are the leading companies in this market.
Which region held the highest market position in 2023?
North America dominated the market in 2023.
Which factor is responsible for creating newer market growth opportunities?
The growing trend of using vegan skincare items during tattoo aftercare treatment enhances customer satisfaction.
- Global
- 2023
- 2019-2022
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