Tattoo Removal Market Size, Share, Growth Analysis, By Technology(Laser-based Tattoo Removal and Surgical Tattoo Removal), By Application(Clinics and Dermatology Centers, and Tattoo Studios), By Region - Industry Forecast 2024-2031

Global Tattoo Removal Market size was valued at USD 129.05 million in 2022 and is poised to grow from USD 141.44 million in 2023 to USD 294.48 million by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031).

The global market is experiencing significant growth driven by the increasing adoption of laser treatments for aesthetic procedures, including tattoo removal. Laser technology offers an effective and safe method for removing tattoos, which has led to a high demand for such procedures. Another factor contributing to the market growth is the rising demand for non-invasive procedures in the field of aesthetics. Many individuals prefer non-surgical and non-invasive techniques for tattoo removal, leading to a surge in the popularity of methods like laser therapy, pulsed light therapy, dermabrasion, plastic surgery, and chemical peels. These techniques are known for their effectiveness, safety, and non-invasiveness, making them attractive options for people seeking tattoo removal. The prevalence of "tattoo regret" among millennials is also driving the demand for tattoo removal devices. A significant percentage of both males and females express a desire to remove their tattoos, particularly among the younger population aged 18-21. According to a study mentioned in B&T Magazine, around 28.6% of females and 29.7% of males wish to get rid of their tattoos. This regret and the desire for removal contribute to the growth of the tattoo removal market. In the United States, the laser devices segment holds the highest compound annual growth rate (CAGR) of 9.6% in 2023. Companies in the U.S. are often hesitant to hire candidates with visible tattoos, especially in areas like below the wrist, above the collar, and on the face. Studies conducted by the Pew Research Center indicate that a significant portion of participants believes that visible tattoos can reduce a candidate's chances of being hired and are considered inappropriate in the workplace.