The tattoo removal market size was valued at USD 990.46 million in 2023 and is expected to be worth USD 1,130.22 million in 2024. The market is projected to reach USD 3,570.37 million by 2032, recording a CAGR of 15.46% during the forecast period.
Tattoo removal has gained significant traction in recent years and is one of the most sought after treatments today. One of the major factors contributing to its growing popularity is the increasing culture of body art. An increasing number of young people are getting tattoos that have a major personal significance to them. However, a decent percentage of them regret getting the tattoo they initially liked. This scenario has boosted the tattoo erasing treatments, which will positively impact the market’s growth.
The COVID-19 pandemic adversely affected the market’s outlook as tattoo studios were forced to shut down to adhere to the lockdown and other movement restrictions. This factor reduced the number of customers visiting these studios, thereby reducing the demand for tattoo erasing treatments.
Fortune Business Insights™ displays this information in a report titled, "Tattoo Removal Market, 2024-2032."
Information Source: https://www.fortunebusinessinsights.com/tattoo-removal-market-110418
Top Company in the Tattoo Removal Market:
Segmentation:
Laser Procedures to Gain Major Traction Due to High Demand for Painless Procedures
Based on procedures, the market is segmented into laser procedures, surgical procedures, dermabrasion, and others. The laser procedures segment is estimated to record the fastest CAGR during the forecast period as there is a strong demand for painless and non-invasive procedures among customers.
Low-Cost Tattoo Erasing Services Boosted Customer Footfall at Artist Studios