Tattoo Market to Exhibit a CAGR of 9.87% from 2023 to 2030; Ephemeral, Société Bic S.A. Acquired Inkbox Ink Inc. to Enhance its DTC Abilities within the Tattoo Category

The global tattoo market size was valued at USD 1.89 billion in 2022 and USD 2.04 billion in 2023. It is projected to reach USD 3.93 billion by 2030 at a CAGR of 9.87% during the forecast period. The market is anticipated to stimulate due to the growth of the entertainment and fashion industries. Fortune Business Insights™ stated this in a report titled, " Tattoo Market Size, Share & COVID-19 Impact Analysis, By Type (Temporary and Permanent), By Category (Cosmetic, Medical, and Professional), By Application (Skin, Corneal, Mouth, and Others), By End-user (Women and Men), and Regional Forecast, 2023-2030."

During the forecast period, the attraction and demand toward 3D patterns grow among women and men. The increase in adoption of 3D services by athletes, celebrities, and other personages encourages people to adopt 3D printing. 3D patterns are most demanding among youths as they wish to make extra efforts to improve their appearance and maintain their body. Hence, these factors are projected to augment the tattoo market share during the forecast period.

Growing Concern about any Physical Contact Impedes the Global Market During Pandemic

The global market witnessed a noticeable impact due to the COVID-19 pandemic. Due to the shutting of parlors and body art studios, the market witnessed a substantial loss during the early stage of the pandemic. Furthermore, to limit the spread of the virus among people and maintain health, this market experienced a detrimental impact. For instance, Inkinn Tattoo Studio, amid the ongoing pandemic, launched an academy in 2021 to support aspiring and struggling artists.

Trilogy Atelier Opened a Studio to Organize Monthly Art Exhibitions to Drive the Market Growth

The company opened a new studio in Washington, U.S. The company opened this store with the intent to hold monthly art exhibitions with international and local artists. The shop brought in international artists whose styles aren't already available in the country and are expecting artists to learn and grow and hoping to get a chance to learn from the guest's artists.

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Growing Preference for Laser Services to Boost Market Growth

Growing parlors' adoption of laser treatment technology for efficiently removing body art permanently is likely to build users' confidence in availing of such tattoo removal services, preferring the services revenues.

Competitive Landscape:

Innovative Launch Operations by Key Players to Boost Market Growth

Players in the market have launched new techniques in the market to boost the tattoo market growth with their solutions and to elevate the competition in the market. It includes the launching of new patterns such as investments, and the launch of new and advanced products in the market. Companies have been applying new plans, such as partnerships and mergers, to support their position in the market.

Notable Industry Development:

• January 2022- A French manufacturer, Ephemeral, Société Bic S.A., acquired Inkbox Ink Inc., a tattoo brand, for USD 65 million to enhance its DTC abilities within the tattoo category.

List of the Companies Profiled in the Report:

• Celebrity INK (Thailand)
• Aliens Tattoo (India)
• Fulham Tattoo (U.K.)
• Cloak and Dagger London (U.K.
• Vivid Ink (U.K.)
• Radical Ink (Romania)
• BodyCanvas (India )
• Devil'z Tattoo (India)
• Rock n'Roll Tattoo and Piercing (U.K.)
• Three Kings Tattoo (U.S.)

Table of Segmentation