11-29-2024 07:22 AM CET | Advertising, Media Consulting, Marketing Research
Press release from: The Business Research Company
Tattoo Aftercare Products Market Growth
"The Business Research Company recently released a comprehensive report on the Global Tattoo Aftercare Products Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
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According to The Business Research Company's, The tattoo aftercare products market size has grown rapidly in recent years. It will grow from $3.67 billion in 2023 to $4.09 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to increasing disposable income, popularity surge in tattooing, tattoo artist recommendations, consumer education on aftercare, expansion of tattoo studios, health and safety standards awareness..
The tattoo aftercare products market size is expected to see rapid growth in the next few years. It will grow to $6.02 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to rising tattoo culture and acceptance, expanding tattoo studio numbers, e-commerce growth in skincare, health and safety awareness, celebrity endorsements and influencers, globalization of beauty and personal care industry. Major trends in the forecast period include professional endorsements and recommendations, targeted marketing to diverse demographics, microbiome-friendly formulations, rise in sustainable packaging, technology-integrated aftercare solutions..
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Market Drivers and Trends:
The increasing number of people getting a tattoo is expected to propel the growth of the tattoo aftercare products market going forward. A tattoo is a permanent or temporary picture, pattern, or word on the skin that is made by inserting needles into the dermis layer of the skin to form a design. Tattoo aftercare products play an important role in assisting the growing number of people who get tattoos by promoting proper healing, reducing the risk of complications, and improving the overall tattoo experience, as these products are specifically designed to cater to the unique needs of freshly tattooed skin, providing essential care and protection. For instance, in June 2022, according to an article published by Ink Different Tattoo School, a US-based institution for tattoo apprenticeships, older millennials are the most likely to get a tattoo, with 38% of adults aged 30-39 being tatted, 40% of US citizens under 35 years old having at least one tattoo, and 35% of UK citizens aged 30-39 have tattoos. Furthermore, according to nationwide study of 1,013 Australian respondents released in November 2020 by McCrindle, an Australian social researcher company, 25% of Australians that have a tattoo in 2020, up from 20% in 2018 and 19% in 2016. Therefore, the increasing number of people getting a tattoo will drive the tattoo aftercare products market.
Product innovations are a key trend gaining popularity in the tattoo aftercare products market. Major companies operating in the tattoo aftercare products market are developing new products to sustain their position in the market. For instance, in January 2021, Mad Rabbit Tattoo, a US-based tattoo aftercare company that offers natural solutions for skin and tattoo upkeep, introduced the Mad Rabbit Repair-Soothing Gel. This new aftercare therapy can be applied within two weeks of tattooing to prevent itching, scarring, and tissue damage. The product is developed from organic substances such as vitamin C, B12, aloe vera, and sweet almond oil. The mild and clear gel is cool to the touch, reducing pains and skin irritation that generally occur after getting inked and promoting cell regeneration and recovery.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Johnson & Johnson Private Limited, Bayer AG, Beiersdorf Inc., Dr. Bronner's Magic Soaps, Tattoo Gizmo, Eikon Device Inc., Billy Jealousy LLC, La Roche-Posay, Intenze Products Inc., Aussie Inked, Inkeeze Inc., H2Ocean Inc., Dermasoft Inc., Hustle Butter, After Inked LLC, Tatwax, Tattoo Goo LLC, Crushed Aftercare Inc., Wild Rose Herbs, Tatjacket, TatuYou LLC, Sierra Sage Herbs LLC, Redemption Tattoos Limited, Tattoo Lovers Care, The Beard and The Wonderful, Steel N Ink Tattoo, TATSoul, Viking Revolution LLC, Skinfix Inc., Ora's Amazing Herbal.
Tattoo Aftercare Products Market 2024 Key Insights:
• The tattoo aftercare products market size is expected to see rapid growth in the next few years. It will grow to $6.02 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%.
• Rising Tattoo Trends Fuel Growth In Tattoo Aftercare Products Market
• Innovative Product Offerings In Tattoo Aftercare Products Market
• North America was the largest region in the tattoo aftercare products market in 2023
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This release was published on openPR.
