Global Tattoo Removal Market to Reach US$ 392.43 Million by 2027, Strengthened by Increasing Prevalence of Tattoo Regrets

November 28, 2022

IMARC Group’s latest report, titled “Tattoo Removal Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global tattoo removal market reached US$ 246.75 Million in 2021. Tattoo removal refers to a procedure performed to fully or partially remove a permanent tattoo from the skin. Some commonly used tattoo removal techniques include laser surgery, chemical peels, dermabrasion, and surgical excision. Amongst these, laser removal is the most popular method, which relies on high-powered lasers that penetrate deep into the skin to break the pigment colors into tiny fragments. In recent years, tattoo removal has gained immense traction across the globe as it is safe, convenient, and effective in erasing ink from every part of the body and requires minimal time for recovery. 

Global Tattoo Removal Market Trends:

The increasing prevalence of tattoo regrets after some time, especially among young adults and millennials, due to impulsive decisions, shifting lifestyle preferences, and changing personalities of individuals represents the primary factor driving the market growth. Moreover, the escalating demand for non-invasive procedures, such as laser treatments, for tattoo removal, as they involve less pain and zero downtime, has accelerated product adoption rates. In addition, there is a significant rise in the number of individuals getting inked as a form of self-expression. Along with this, the surging incidences of various tattoo-induced skin conditions, including sarcoidosis, lichen planus, and lupus-like reactions, have augmented the demand for tattoo removal. Besides this, the implementation of stringent guidelines by many airlines regarding visible tattoos on flight attendants, even if they are hidden with makeup, jewelry, or bandage, is another major growth-inducing factor. Furthermore, several key players are launching novel laser products that provide a cost-effective solution for removing unwanted tattoos across a full spectrum of ink colors. In line with this, extensive investments in research and development (R&D) activities to introduce well-designed, innovative tattoo removal devices have propelled market growth. Other factors, including the rising number of tattoo parlors and dermatology clinics, ongoing product innovations, constantly evolving fashion trends, inflating consumer disposable incomes, and continual technological advancements, are also creating a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 392.43 Million by 2027, growing at a CAGR of 7.70% during 2022-2027.

Market Summary:

  • Based on the treatment type, the market has been classified into laser therapy, surgical procedure, topical creams, and others.
  • On the basis of the end user, the market has been segregated into hospitals, clinics, and others.
  • Region-wise, the market has been divided into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. 
  • The competitive landscape of the market has also been analyzed, with some of the key players being Alma Lasers Ltd (Sisram Medical Ltd), Astanza Laser LLC, Bison Medical Co. Ltd., Candela Laser Corporation, Cryomed Aesthetics, Cutera Inc., Cynosure LLC, Fotona d.o.o., Lumenis Ltd., Lutronic Corporation, Quanta System S.p.A., and The Global Beauty Group.
     

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Global Tattoo Removal Market to Reach US$ 392.43 Million by 2027, Strengthened by Increasing Prevalence of Tattoo Regrets
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