Tattoo Removal Market by Procedure (Laser, Surgical, Creams, and Others) and by End User (Hospitals, Clinics, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023 Update Available On-Demand
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A03197
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Pages: 180
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Aug
2017 |
10919 Views
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Author(s) :
Shivangi Singh
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Tables: 73
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Charts: 35
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Formats*:
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Tattoo Removal Market Overview:
Tattoo Removal Market was valued at $11,614 million in 2016, and is projected to reach at $27,317 million by 2023, growing at a CAGR of 12.7% from 2017 to 2023. Tattoo is defined as the temporary or permanent mark made on body part by inserting pigment or ink under the skin. It is associated with various sentimental and ritual values of people, since ancient times. Now-a-days, the tattoos market is growing at a phenomenal rate, leading to upsurge in the tattoo removal market as well. There are several tattoo removal procedures, which include laser, surgical, creams, and others (intense pulsed light therapy, saline, deep chemical peels, and rejuvi). Among these, laser is the widely preferred method owing to its accuracy in removing tattoos and relatively lesser side effects, while surgical procedure such as dermabrasion & surgical excision is a long healing and painful process. Moreover, tattoo removal creams are also available in the market. Usage of these creams is painless, however, time taking, but they have various side effects depending upon the skin type, and the removal is not precise.
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People tend to get rid of their tattoos due to various reasons. Some of these include career purposes, social conditions, personal situations, and more, which has been the key driver for tattoo removal market. Moreover, change in the lifestyle and constantly changing trends has increased the demand for tattoo removal in the market. However, high cost and the various side effects associated with tattoo removal procedures hinder the growth of the tattoo removal market. Further, technological advancement of laser methods lead to development of new ways to remove tattoo such as intense pulsed light therapy, which has unlocked new opportunities for the growth of the market.
Segment Review
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The tattoo removal market is segmented on the basis of procedure, end user, and geography. By procedure, the market is categorized into laser (passive & active laser), surgical (dermabrasion & surgical excision), creams, and others (intense pulsed light therapy, saline, deep chemical peels, and rejuvi). By end user, the market is classified into hospitals, clinics, and others (tattoo shops and parlors). By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA as well as among its major countries.
Top Investment Pocket, by Procedure
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The laser procedure of tattoo removal is the most prevalent and attractive segment owing to its effectivity and minimal side effects, while erasing tattoo. The different type of lasers used in the tattoo removal industry include Q-switched ruby laser, Q-Switched Nd-YAG laser, and Q-Switched Alexandrite laser. These are used to remove black as well as colored tattoos in approximate seven or more sessions or visits. Also, this procedure is anticipated to grow at the highest growth rate during the forecast period.
Global Tattoo Removal Market, by Geography
North America dominated the global tattoo removal market occupying nearly half of the share in 2016, registering the highest CAGR of around 13.3% during the forecast period. Europe witnessed the significant CAGR of 12.8% and the second highest share in the global market, owing to rise in regrets for tattoos followed by increase in demand for its removal.
The South Africa tattoo removal market was valued at $87 million in 2016, and is expected to grow at a CAGR of 10.3% during the forecast period.
South Africa Tattoo Removal Market, 2016-2023 ($Million)
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The key players operating in the tattoo removal are Alma Lasers, Asclepion Laser Technologies GmbH, BISON MEDICAL, Cutera, Inc., Cynosure, Inc., Cryomed Aesthetics, Eclipse Lasers Ltd., LUMENIS, Syneron Inc., and Fotona d.o.o.
Other players in the value chain include Advance Medical Systems, Astanza Laser, AYALASERS, Dimyth Beauty Equipment Manufacturer, Light Age Inc., LUTRONIC, Quanta Aesthetic Lasers USA, WONTECH, and Yuwei Laser Technology Co., Ltd.
Key Benefits:
- This report provides an extensive analysis of the current trends, emerging estimations, and dynamics of the global tattoo removal market from 2017 to 2023.
- Comprehensive analysis of factors that drive and restrict the growth of the market is provided in the report.
- Detailed analysis of the industry, based on the procedure and end user, helps understand the trending procedure and potential end user.
- Porters Five Forces analysis highlights the potency of buyers & suppliers to enable the stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
Tattoo Removal Market Key Segments:
By Procedure
- Laser
- Active Laser
- Passive Laser
- Surgical
- Dermabrasion
- Surgical Excision
- Creams
- Others (Intense Pulsed Light Therapy, Saline, Deep Chemical Peels, and Rejuvi)
By End User
- Hospitals
- Clinics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Turkey
- South Africa
- Egypt
- Rest of LAMEA
CHAPTER 1. INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model
CHAPTER 2. EXECUTIVE SUMMARY
2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVES
CHAPTER 3. MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top Investment Pockets
3.2.2. Top winning strategies
3.3. PORTER’S FIVE FORCES ANALYSIS
3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitution
3.3.4. Threat of New Entrants
3.3.5. Competitive Rivalry
3.4. MARKET DYNAMICS
3.4.1. Drivers
3.4.1.1. Increase in tattoo regrets
3.4.1.2. Changes in lifestyles & trends
3.4.1.3. Impact analysis
3.4.2. Restraints
3.4.2.1. High cost associated with tattoo removal
3.4.2.2. Impact analysis
3.4.3. Opportunities
3.4.3.1. Technological advancement of tattoo removal methods
3.4.3.2. Impact analysis
3.5. PATENT ANALYSIS
3.6. TOP PLAYER POSITIONING, 2016
CHAPTER 4. GLOBAL TATTOO REMOVAL MARKET, BY PROCEDURE
4.1. INTRODUCTION
4.1.1. Market Size and Forecast
4.2. LASER
4.2.1. Active
4.2.2. Passive
4.2.3. Key Market Trends, Growth Factors and Opportunities
4.2.4. Market Size and Forecast
4.3. SURGICAL
4.3.1. Dermabrasion
4.3.2. Surgical Excision
4.3.3. Key Market Trends, Growth Factors and Opportunities
4.3.4. Market Size and Forecast
4.4. CREAMS
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast
4.5. OTHERS
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast
CHAPTER 5. GLOBAL TATTOO REMOVAL MARKET, BY END USER
5.1. INTRODUCTION
5.1.1. Market Size and Forecast
5.2. HOSPITALS
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast
5.3. CLINICS
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast
5.4. OTHERS
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast
CHAPTER 6. TATTOO REMOVAL MARKET, BY GEOGRAPHY
6.1. INTRODUCTION
6.1.1. Market Size and Forecast
6.2. NORTH AMERICA
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.
6.2.3.1. Market size and forecast, by type
6.2.4. Canada
6.2.4.1. Market size and forecast, by type
6.2.5. Mexico
6.2.5.1. Market size and forecast, by type
6.3. EUROPE
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast
6.3.3. UK
6.3.3.1. Market size and forecast, by type
6.3.4. Germany
6.3.4.1. Market size and forecast, by type
6.3.5. France
6.3.5.1. Market size and forecast, by type
6.3.6. Italy
6.3.6.1. Market size and forecast, by type
6.3.7. Spain
6.3.7.1. Market size and forecast, by type
6.3.8. Rest of the Europe
6.3.8.1. Market size and forecast, by type
6.4. ASIA-PACIFIC
6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China
6.4.3.1. Market size and forecast, by type
6.4.4. India
6.4.4.1. Market size and forecast, by type
6.4.5. Japan
6.4.5.1. Market size and forecast, by type
6.4.6. South Korea
6.4.6.1. Market size and forecast, by type
6.4.7. Australia
6.4.7.1. Market size and forecast, by type
6.4.8. Rest of Asia-Pacific
6.4.8.1. Market size and forecast, by type
6.5. LAMEA
6.5.1. Key Market Trends, Growth Factors and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Brazil
6.5.3.1. Market size and forecast, by type
6.5.4. Argentina
6.5.4.1. Market size and forecast, by type
6.5.5. South Africa
6.5.5.1. Market size and forecast, by type
6.5.6. KSA
6.5.6.1. Market size and forecast, by type
6.5.7. Rest of the LAMEA
6.5.7.1. Market size and forecast, by type
CHAPTER 7. COMPANY PROFILES
7.1. ALMA LASERS
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments
7.2. ASCLEPION LASER TECHNOLOGIES GMBH
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments
7.3. BISON MEDICAL
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments
7.4. CUTERA, INC.
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments
7.5. CYNOSURE, INC.
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments
7.6. CRYOMED AESTHETICS
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments
7.7. ECLIPSE LASERS LTD.
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments
7.8. LUMENIS
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments
7.9. SYNERON INC.
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments
7.10. FOTONA D.O.O.
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments
LIST OF TABLES
TABLE 1. GLOBAL TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 2. GLOBAL LASER TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 3. GLOBAL LASER TATTOO REMOVAL MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 4. GLOBAL SURGICAL TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 5. GLOBAL SURGICAL TATTOO REMOVAL MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 6. GLOBAL TATTOO REMOVAL CREAMS MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 7. GLOBAL OTHER TATTOO REMOVAL METHODS MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 8. GLOBAL TATTOO REMOVAL MARKET, BY END USER, 2015-2023 ($MILLION)
TABLE 9. GLOBAL TATTOO REMOVAL MARKET IN HOSPITALS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 10. GLOBAL TATTOO REMOVAL MARKET IN CLINICS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 11. GLOBAL TATTOO REMOVAL MARKET IN OTHERS, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 12. GLOBAL TATTOO REMOVAL MARKET, BY GEOGRAPHY, 2015-2023 ($MILLION)
TABLE 13. NORTH AMERICA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 14. NORTH AMERICA LASER TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 15. NORTH AMERICA SURGICAL TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 16. NORTH AMERICA TATTOO REMOVAL MARKET, BY END USER, 2015-2023 ($MILLION)
TABLE 17. NORTH AMERICA TATTOO REMOVAL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 18. U.S. TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 19. CANADA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 20. MEXICO TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 21. EUROPE TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 22. EUROPE LASER TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 23. EUROPE SURGICAL TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 24. EUROPE TATTOO REMOVAL MARKET, BY END USER, 2015-2023 ($MILLION)
TABLE 25. EUROPE TATTOO REMOVAL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 26. UK TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 27. GERMANY TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 28. FRANCE TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 29. ITALY TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 30. SPAIN TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 31. REST OF EUROPE TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 32. ASIA-PACIFIC TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 33. ASIA-PACIFIC LASER TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC SURGICAL TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC TATTOO REMOVAL MARKET, BY END USER, 2015-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC TATTOO REMOVAL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 37. CHINA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 38. INDIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 39. JAPAN TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 40. SOUTH KOREA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 41. AUSTRALIA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 42. REST OF ASIA-PACIFIC TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 43. LAMEA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 44. LAMEA LASER TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 45. LAMEA SURGICAL TATTOO REMOVAL MARKET, BY TYPE, 2015-2023 ($MILLION)
TABLE 46. LAMEA TATTOO REMOVAL MARKET, BY END USER, 2015-2023 ($MILLION)
TABLE 47. LAMEA TATTOO REMOVAL MARKET, BY COUNTRY, 2015-2023 ($MILLION)
TABLE 48. BRAZIL TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 49. ARGENTINA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 50. TURKEY TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 51. SOUTH AFRICA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 52. EGYPT TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 53. REST OF LAMEA TATTOO REMOVAL MARKET, BY PROCEDURE, 2015-2023 ($MILLION)
TABLE 54. ALMA LASERS: COMPANY SNAPSHOT
TABLE 55. ALMA LASERS: OPERATING SEGMENTS
TABLE 56. ASCLEPION LASER TECHNOLOGIES GMBH: COMPANY SNAPSHOT
TABLE 57. ASCLEPION LASER TECHNOLOGIES GMBH: OPERATING SEGMENTS
TABLE 58. BISON MEDICAL: COMPANY SNAPSHOT
TABLE 59. BISON MEDICAL: OPERATING SEGMENTS
TABLE 60. CUTERA, INC.: COMPANY SNAPSHOT
TABLE 61. CUTERA, INC.: OPERATING SEGMENTS
TABLE 62. CYNOSURE, INC.: COMPANY SNAPSHOT
TABLE 63. CYNOSURE, INC.: OPERATING SEGMENTS
TABLE 64. CRYOMED AESTHETICS: COMPANY SNAPSHOT
TABLE 65. CRYOMED AESTHETICS: OPERATING SEGMENTS
TABLE 66. ECLIPSE LASERS LTD.: COMPANY SNAPSHOT
TABLE 67. ECLIPSE LASERS LTD.: OPERATING SEGMENTS
TABLE 68. LUMENIS: COMPANY SNAPSHOT
TABLE 69. LUMENIS: OPERATING SEGMENTS
TABLE 70. SYNERON INC. : COMPANY SNAPSHOT
TABLE 71. SYNERON INC. : OPERATING SEGMENTS
TABLE 72. FOTONA D.O.O. : COMPANY SNAPSHOT
TABLE 73. FOTONA D.O.O. : OPERATING SEGMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL TATTOO REMOVAL MARKET: SEGMENTATION
FIGURE 2. GLOBAL TATTOO REMOVAL MARKET, 2016-2023
FIGURE 3. TATTOO REMOVAL MARKET REVENUE SHARE BY GEOGRAPHY, 2016 & 2023 (%)
FIGURE 4. TOP INVESTMENT POCKETS, BY PRODUCT
FIGURE 5. TOP PLAYER POSITIONING
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. MAJOR DRIVING FACTORS
FIGURE 12. INCREASE IN TATTO REMOVAL BY YEAR
FIGURE 13. RISING DISPOSABLE INCOME
FIGURE 14. MAJOR RESTRAINING FACTORS
FIGURE 15. MAJOR OPPORTUNITIES
FIGURE 16. U.S. TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 17. CANADA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 18. MEXICO TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 19. UK TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 20. GERMANY TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 21. FRANCE TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 22. ITALY TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 23. SPAIN TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 24. REST OF THE EUROPE TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 25. CHINA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 26. INDIA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 27. JAPAN TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 28. KOREA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 29. AUSTRALIA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 30. REST OF THE ASIA-PACIFIC TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 31. BRAZIL TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 32. ARGENTINA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 33. SOUTH AFRICA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 34. KSA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
FIGURE 35. REST OF THE LAMEA TATTOO REMOVAL MARKET, 2015-2023 ($MILLION)
Tattoos are usually permanent marks made through insertion of colored pigments into small & deep holes of the skin. Its removal is a fast-growing market owing to different factors, such as fading of tattoo, change in trends & taste of people, change in environment or profession, and others. The aforementioned factors make people to look for a reliable way to erase their inks. The black-inked designs are easily removed, while colored inks require extra efforts for its removal. Thus, sometimes a complete tattoo removal involves high cost, numerous treatment sessions, and a lot of weeks.
Laser tattoo removal is the most prevalent procedure of erasing tattoos occupying more than half of the market share in the global tattoo removal market. Also, it is the fastest growing segment during the analysis period. Tattoo removal creams and lotions occupy the second highest position in the market owing to ease of availability and application.
North America is the leading region, occupying maximum share in the global tattoo removal market owing to growing tattoo regrets followed by its removal. Technological advancement and high disposable income are the other factors supporting the market growth in the region. Further, Europe is anticipated to grow at a significant CAGR and second highest share in the market.
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