Tattoo Removal Market Synopsis

Tattoo Removal Market Size Was Valued at USD 312.2 Million in 2023, and is Projected to Reach USD 569.2 Million by 2032, Growing at a CAGR of 6.9% From 2024-2032.

Tattoo removal is the process of rendering a pregnant tattoo less visible or even eradicating it from the body through surgical procedures, lasers, and abrasive techniques. Among them, the laser tattoo removal stands as one of the most notable methods in which high-intensity light is used to disperse the ink particles in skin surface. Once the particles have broken down, they are cleared up by the body’s immune system. Laser tattoo removal utilizes a laser, a cooling system and protective goggles for the individual getting the procedure. Laser tattoo removal is a safe, easy and effective mechanism for covering the ink from all body surfaces of the skin. Moreover, it also plays a part in boosting the morale of the individuals as well as improving, erasing, or redesigning the previously done tattoos.

• The increasing trend of getting inked as a mode of identity is one of the features driving the market, which is expected to grow in the coming years. As for this, the change in life style, increased tendencies to make spontaneous decision, and the greater number of people regretting their tattoo decisions specifically among young adults and millennials are proving to be another driving force. Besides, the evolving trend in the application of laser technology in the tattoo removal methods has made the procedures efficient and less harmful to the skin leading to an increased clientele and boosting the market.
• Furthermore, the increasing application of AI in industries including military, police force, healthcare products, and services as well as customer-facing sectors to conform to professional standards is a driver for the market. On the same note, the growing awareness of social media, and the desire for a perfect and clean skin have led to the increased popularity of tattoo removal procedures which in turn has boosted the market growth.
• In addition, the number of options for removing tattoo is increasing thus helping the market grow; they include laser, surgical excision and tattoo removal creams. On the same note, the growing number of tattoo studios and the availability of well-entrenched market stakeholders contribute to the growth of this market.
• Further, the increase in complications and infections associated with tattoos has made people go for professional tattoo removal, which in turn provide significant impetus to the market growth. Other drivers, which include the growing concerns to the possible adverse effects and side-effects of tattoo inks and the demand for safe tattoo removal technologies, are also driving the market.
• Furthermore, with innovations in technology, newer and better non-invasive solutions for tattoos removals are available in the market with better technologies, and higher efficiencies thus driving the market. Laser Tattoo Removal Since, there is a rise in the number of fashion-conscious people who are willing to undertake cosmetic treatments to enhance their looks and self-esteem, non-surgical hair removal has become a popular solution for those who regret their decision or need to change the image without going under the knife.

Tattoo Removal Market Trend Analysis

Rising incidence of tattoo remorse, enhancing understanding of laser removal, and stringent organizational guidelines

• The growth in the number of individuals that are experiencing tattoo regret across the globe is expected to drive the tattoo removal market during the forecast period. In a cross-sectional survey, the subjects found to have poor knowledge about hypertension were 28%. Six percent of female participants and twenty-nine percent of males reported physical abuse from a partner in the past year. Seven percent of men wished to erase their tattoos; over 35. Of the total population, only 0 % of the population constitutes the ages between 18 and 21 years. Also, increasing awareness about tattoo removal lasers, ease of treatment with new tattoo removal lasers, shorter healing time, minimal post-operative pain, and fewer complications which contrast with other methods such as salabrasion, cryosurgery, chemical peeling with TCA, are some of the factors that have continued to propel the demand for this technology more than the traditional ones.

Lifestyle changes, increased disposable income, increased R & D

• Tattoo removal technologies will continue to grow with emerging and developed countries where lifestyles are changing accompanied by an increase in disposable budgets. Yaletown Laser Centre says that tattooed persons cannot find a job easily as many employers do not agree with having a tattoo that is visible at workplaces; that is why 70 percent of the tattooed employees use a cover-up in their working environments. If the tattoo is conspicuous, then it may damage the promotion prospects as found by 31% of employers. It went even further, with 76 % of companies believing that tattooed applicants would have employment problems. Several employers had a strong negative attitude toward tattoos; 41% of employers stated that they believed that they should not allow workers to display their tattoos at work, and 39% of employers complained that workers with visible piercings and tattoos have a negative image of the company. In addition, new demand from developing countries and more investment from governments in technological development will provide future opportunities for the market of tattoo removal devices.
• The market for tattoo removal will expand since research and innovation processes will develop new and complex products like transportable tattoo eliminating lasers. The Delete Method is a new, very effective tattoo removal technique that was launched on the 4th of March 2022 by Delete Tattoo Removal & Medical Salon, a Valley company that has been helping people for over 11 years. They use laser tattoo removal process that has been enhanced by adding skin resurfacing treatments every four weeks instead of the usual eight weeks. The Delete Method stands out in this guide due to its effectiveness in eradicating ink, rectifying general issues in tattooing, and conveying the sense that the tattoo was never even there.

Tattoo Removal Market Segment Analysis:

Tattoo Removal Market is segmented based on procedures, and end user.

By Procedures, Laser procedure segment is expected to dominate the market during the forecast period

• According to the market segmentation, the laser procedure, surgical procedure, creams, and others make up the market. The laser procedure segment held the largest tattoo removal market share based on revenue in the year 2023 and is anticipated to grow at the highest CAGR during the forecasting duration. This growth is attributed to the following factors, there is a rise in demand for laser technology, there is preference by many people towards laser removal than surgical removal, and other benefits associated with laser procedures have made the technique safer and more reliable when it comes to tattoo removal.

By End-User, clinics segment held the largest share in 2023

• In terms of end user, the global market is categorized into hospitals, clinics, and others. The clinics segment holds the largest tattoo removal market in terms of revenue and is expected to register the highest compound annual growth rate during the projected period. This is due to personal preferences for clinics by clients since more modern equipment is available for tattoo removal than in hospitals and other segments, and increasing number of tattoo removal clinics all over the world. Furthermore, the treatment procedures that happens in clinic have its own benefits including, there is a professional person who is experienced in ensuring that there are least scar appearance on the skin, no wound formation, and loss of skin feeling during or after the removal process.

Tattoo Removal Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

North America was the largest consumer across the global industries in 2021. Over the same period, the market is also projected to more significantly grow due to rising tattoo parlours because of development in the tattoo removal technologies, and the rising population of individuals seeking the tattoo. Data from Saved Tattoo reveal that over 145 million people in United States of America alone have the tattoos. One in three persons reported having one tattoo while every fifth person claimed to have at least two tattoos. Tattoo removal therapy is popular in the United Kingdom; 11% of the people testified they had the treatment, and 38% of the fans complained about their tattoos. Therefore, the demand for tattoo removal products in UK is also growing. In addition, the overall rising trend in the Asia Pacific region is expected to grow at the same rate of CAGR over the projected years.

Active Key Players in the Tattoo Removal Market

• Candela Corporation.
• sisram medical(alma lasers)
• cipher pharmaceuticals inc.
• Berry Global Group, Inc.
• Lumenis Ltd.
• Cynosure
• Fotona
• Soliton, Inc
• Other Key Players

Key Industry Developments in the Tattoo Removal Market:

• In March 2020, Lumenis Ltd. that provides medical aesthetics, surgical, and ophthalmology solutions such as the energy-based medical device company announced the new platform, Stellar M22TM. The new improved control panel on the Stellar M22 has a large display through which treatment is efficient and comfortable to monitor from a distance.
• In February 2022, Ray Studios, a French design house based in Paris, is hoping to solve and revamp the issue by employing new strategies to get rid of tattoo. The company has also raised $3 million to help finance development of 200 studios globally over the course of the next half a decade. Venture capitalists from US are AirAngels and Gaingels where as from Europe are Kima Ventures, Nickleby Capital, and True Capital. It shall release its first studio in Paris in, December following what Ray Studios has described as a ‘’successful soft opening’’.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. TATTOO REMOVAL MARKET BY PROCEDURES (2017-2032)
   1. TATTOO REMOVAL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. LASER PROCEDURE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SURGICAL PROCEDURE
   5. CREAMS
   6. OTHERS
7. TATTOO REMOVAL MARKET BY END USER (2017-2032)
   1. TATTOO REMOVAL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. DERMATOLOGY CLINICS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. HOSPITALS
   5. OTHERS
8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Tattoo Removal Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. CANDELA CORPORATION.
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. SISRAM MEDICAL(ALMA LASERS)
   4. CIPHER PHARMACEUTICALS INC.
   5. BERRY GLOBAL GROUP, INC.
   6. LUMENIS LTD.
   7. CYNOSURE
   8. FOTONA
   9. SOLITON, INC
9. GLOBAL TATTOO REMOVAL MARKET BY REGION
   1. OVERVIEW
   2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Procedures
      4. Historic And Forecasted Market Size By End User
      5. Historic And Forecasted Market Size By Country
         1. USA
         2. Canada
         3. Mexico
   3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Russia
         2. Bulgaria
         3. The Czech Republic
         4. Hungary
         5. Poland
         6. Romania
         7. Rest Of Eastern Europe
   4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Germany
         2. United Kingdom
         3. France
         4. The Netherlands
         5. Italy
         6. Spain
         7. Rest Of Western Europe
   5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Malaysia
         6. Thailand
         7. Vietnam
         8. The Philippines
         9. Australia
         10. New-Zealand
         11. Rest Of APAC
   6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Turkey
         2. Bahrain
         3. Kuwait
         4. Saudi Arabia
         5. Qatar
         6. UAE
         7. Israel
         8. South Africa
   7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Brazil
         2. Argentina
         3. Rest of South America
10. INVESTMENT ANALYSIS
11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. TATTOO REMOVAL MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. TATTOO REMOVAL MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. TATTOO REMOVAL MARKET COMPETITIVE RIVALRY
TABLE 005. TATTOO REMOVAL MARKET THREAT OF NEW ENTRANTS
TABLE 006. TATTOO REMOVAL MARKET THREAT OF SUBSTITUTES
TABLE 007. TATTOO REMOVAL MARKET BY PROCEDURE
TABLE 008. LASER MARKET OVERVIEW (2016-2028)
TABLE 009. SURGICAL MARKET OVERVIEW (2016-2028)
TABLE 010. CREAMS MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. TATTOO REMOVAL MARKET BY END USER
TABLE 013. CLINICS MARKET OVERVIEW (2016-2028)
TABLE 014. HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 015. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA TATTOO REMOVAL MARKET, BY PROCEDURE (2016-2028)
TABLE 017. NORTH AMERICA TATTOO REMOVAL MARKET, BY END USER (2016-2028)
TABLE 018. N TATTOO REMOVAL MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE TATTOO REMOVAL MARKET, BY PROCEDURE (2016-2028)
TABLE 020. EUROPE TATTOO REMOVAL MARKET, BY END USER (2016-2028)
TABLE 021. TATTOO REMOVAL MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC TATTOO REMOVAL MARKET, BY PROCEDURE (2016-2028)
TABLE 023. ASIA PACIFIC TATTOO REMOVAL MARKET, BY END USER (2016-2028)
TABLE 024. TATTOO REMOVAL MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA TATTOO REMOVAL MARKET, BY PROCEDURE (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA TATTOO REMOVAL MARKET, BY END USER (2016-2028)
TABLE 027. TATTOO REMOVAL MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA TATTOO REMOVAL MARKET, BY PROCEDURE (2016-2028)
TABLE 029. SOUTH AMERICA TATTOO REMOVAL MARKET, BY END USER (2016-2028)
TABLE 030. TATTOO REMOVAL MARKET, BY COUNTRY (2016-2028)
TABLE 031. CUTERA: SNAPSHOT
TABLE 032. CUTERA: BUSINESS PERFORMANCE
TABLE 033. CUTERA: PRODUCT PORTFOLIO
TABLE 034. CUTERA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. CYNOSURE: SNAPSHOT
TABLE 035. CYNOSURE: BUSINESS PERFORMANCE
TABLE 036. CYNOSURE: PRODUCT PORTFOLIO
TABLE 037. CYNOSURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. LUMENIS: SNAPSHOT
TABLE 038. LUMENIS: BUSINESS PERFORMANCE
TABLE 039. LUMENIS: PRODUCT PORTFOLIO
TABLE 040. LUMENIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. SYNERON MEDICAL: SNAPSHOT
TABLE 041. SYNERON MEDICAL: BUSINESS PERFORMANCE
TABLE 042. SYNERON MEDICAL: PRODUCT PORTFOLIO
TABLE 043. SYNERON MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. AGIC CAPITAL (FOTONA D.O.O.): SNAPSHOT
TABLE 044. AGIC CAPITAL (FOTONA D.O.O.): BUSINESS PERFORMANCE
TABLE 045. AGIC CAPITAL (FOTONA D.O.O.): PRODUCT PORTFOLIO
TABLE 046. AGIC CAPITAL (FOTONA D.O.O.): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. BISON MEDICAL: SNAPSHOT
TABLE 047. BISON MEDICAL: BUSINESS PERFORMANCE
TABLE 048. BISON MEDICAL: PRODUCT PORTFOLIO
TABLE 049. BISON MEDICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. CANDELA CORPORATION: SNAPSHOT
TABLE 050. CANDELA CORPORATION: BUSINESS PERFORMANCE
TABLE 051. CANDELA CORPORATION: PRODUCT PORTFOLIO
TABLE 052. CANDELA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. CRYOMED AESTHETICS: SNAPSHOT
TABLE 053. CRYOMED AESTHETICS: BUSINESS PERFORMANCE
TABLE 054. CRYOMED AESTHETICS: PRODUCT PORTFOLIO
TABLE 055. CRYOMED AESTHETICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. FOSUN PHARMA (ALMA LASERS): SNAPSHOT
TABLE 056. FOSUN PHARMA (ALMA LASERS): BUSINESS PERFORMANCE
TABLE 057. FOSUN PHARMA (ALMA LASERS): PRODUCT PORTFOLIO
TABLE 058. FOSUN PHARMA (ALMA LASERS): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. LUTRONIC CORPORATION: SNAPSHOT
TABLE 059. LUTRONIC CORPORATION: BUSINESS PERFORMANCE
TABLE 060. LUTRONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 061. LUTRONIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. THE GLOBAL BEAUTY GROUP.: SNAPSHOT
TABLE 062. THE GLOBAL BEAUTY GROUP.: BUSINESS PERFORMANCE
TABLE 063. THE GLOBAL BEAUTY GROUP.: PRODUCT PORTFOLIO
TABLE 064. THE GLOBAL BEAUTY GROUP.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. TATTOO REMOVAL MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. TATTOO REMOVAL MARKET OVERVIEW BY PROCEDURE
FIGURE 012. LASER MARKET OVERVIEW (2016-2028)
FIGURE 013. SURGICAL MARKET OVERVIEW (2016-2028)
FIGURE 014. CREAMS MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. TATTOO REMOVAL MARKET OVERVIEW BY END USER
FIGURE 017. CLINICS MARKET OVERVIEW (2016-2028)
FIGURE 018. HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 019. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA TATTOO REMOVAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE TATTOO REMOVAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC TATTOO REMOVAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA TATTOO REMOVAL MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA TATTOO REMOVAL MARKET OVERVIEW BY COUNTRY (2016-2028)