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.
An increasing number of young customers are becoming tattoo enthusiasts, getting inked for a wide range of reasons. However, there are some who regret getting certain tattoos or want to upgrade their current ones. These factors are boosting the demand for tattoo removal services, with many of these treatments being painless and non-invasive. For instance, many customers are opting for laser treatments as they are non-invasive, thereby decreasing the risk of side effects or infections.
However, the COVID-19 pandemic had a negative impact on the market’s growth as tattoo parlor owners were compelled to close down temporarily. This scenario decreased the demand for tattoo removal services.
Fortune Business Insights™ displays this information in a report titled, "Tattoo Removal Market, 2024-2032."
Read More: https://www.fortunebusinessinsights.com/tattoo-removal-market-110418****
Segmentation:
Laser Procedures to Gain Major Traction Due to Surgeons’ Preference for Non-Invasive Treatments
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 several cosmetic surgeons are opting for non-invasive and effective treatments, such as Q-switched lasers to conduct tattoo removal procedures.
Artist Studios Witnessed High Customer Footfall Due to Availability of Affordable Tattoo Erasing Treatments
By facility type, the global market is segregated into artist studios, dermatology clinics, and others. The artist studios segment dominated the market in 2023 as many studios offer tattoo erasing treatments at affordable prices, making them popular among customers.
Women Segment Dominated Market Due to Higher Need to Upgrade Tattoo Among Them
Based on end-user, the global market is bifurcated into women and men. The women segment captured a major market share in 2023 as an increasing number of women are visiting tattoo parlors to upgrade their tattoos.
With respect to region, the market covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Top Company in the Tattoo Removal Market: