In order to create a design on the skin, tattoo ink, pigments, and dyes are inserted into the skin's dermis during the process of getting a tattoo. Inks, needles, machines, tubes, and other basic tattooing supplies are all included in tattoo accessories. The major factors that can raise demand are changes in consumer lifestyles and fashion preferences.
Growth in fashion and entertainment industry has increased the fad for tattooing on the favorite part of the body. Tattoos and tattoo accessories are used considerably in fashion and entertainment industry as it gives overall visions and trends more personality, character, a sense of uniqueness, and edge,. By highlighting personality & style and making them stand out, tattoos contribute to improving image, establishing a brand, and fostering reputation. Thus, growth in use of tattoo in fashion and entertainment industry is likely to spur the growth during the forecast period.
One of the main drivers of the tattoo industry's expansion is the tourism sector. Getting traditional or local artwork tattooed when traveling or visiting a different place has become more and more common among travelers. The growth of tattoo tourism is also being aided by tattoo conventions and conferences such as the Calgary Tattoo and Arts Festival, the Singapore Tattoo Show, and the International London Tattoo Convention. However, the pandemic has had a significant negative impact on the tourism sector. The World Tourism Organization of the United Nations reports that in Q1 2020, the number of visitors from outside fell by 22%. The COVID-19 pandemic-related decline in tourism had a substantial impact on the tattoo business.
According to the tattoo accessories market analysis, the market is segmented into by product type, distribution channel, and region. On the basis of product type, the market is categorized into tattoo machine, tattoo ink, needles & cartridges, and others. On the basis of distribution channel, the market is segmented into hypermarkets & supermarkets, specialty stores and e-commerce. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
Moreover, with 48% of the population having at least one tattoo, Italy is ranked as the top nation. With 47% and 46% of citizens, respectively, sporting tattoos, Sweden and the U.S. are not far behind. According to additional research, American and Swedish people favor several tattoos more than Italians. Most tattooed Americans, out of the top three nations, have more than four body art pieces. 43 percent of people in Australia and Argentina have at least one tattoo. Spain, with 42% of citizens having at least one tattoo, is in sixth place, followed by Denmark and the UK, with 41% and 40% of residents having at least one tattoo, respectively. Brazil and France have also embraced tattooing, with a sizeable percentage of the populace sporting body art. On the list of the top 10 countries with the biggest population of people who have at least one tattoo, France, where 36% of the population, and Brazil, where 37% of the population, are ranked 9 and 10, respectively.
The players operating in the global Tattoo Accessories market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Cheyenne - Professional Tattoo Equipment, Sabre Tattoo Supplies, Inkjecta International Pty Ltd., EZ Tattoo Supply, DRAGONHAWK, Technical Worldwide, Bishop Tattoo Supply Inc., Lauro Paolini Tattoo Supply, EIKON, and Infinite Irons.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tattoo accessories market analysis from 2021 to 2031 to identify the prevailing tattoo accessories market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the tattoo accessories market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global tattoo accessories market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product Type
- Tattoo Machine
- Tattoo Ink
- Needles and Cartridges
- Others
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- E commerce
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Cheyenne - Professional Tattoo Equipment
- Sabre Tattoo Supplies
- Inkjecta International Pty Ltd.
- EZ Tattoo Supply
- DRAGONHAWK
- Technical Worldwide
- Bishop Tattoo Supply Inc.
- Lauro Paolini Tattoo Supply
- EIKON
- Infinite Irons
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Table of Contents
Executive Summary
According to the report, titled, “Tattoo Accessories Market," the tattoo accessories market was valued at $853.10 million in 2021, and is estimated to reach $1.5 billion by 2031, growing at a CAGR of 6.2% from 2022 to 2031.People use tattoos as fashion icons to express their culture or way of life. Changes in consumer lives and fashion preferences are the main elements that can increase demand. The reasons for getting a tattoo differ from culture to culture, region to region, and time to time. Tattoos have historically been used as rites of passage, religious emblems, awards for valor or punishments, and as identifiers for misfits & slaves. Similar to how the reasons for getting a tattoo today vary, they can include changing one's look, being forceful, boosting one's self-esteem, and expressing one's individuality. Trainers use rotary and coil-based equipment to construct the tattoo design on skin. The demand for the product may increase as 3D printed digital fashion items become more and more well-liked among consumers. They are incredibly fashionable and alluring, which is expected to increase adoption. For tracking motion fitness data points and activity, manufacturers provide their customers with a selection of digital wearable fashion items. In order to create a design on the skin, tattoo ink, pigments, and dyes are inserted into the skin's dermis during the process of getting a tattoo. Thus, increase in number of people with tattoo and growth in fashion trends with tattoo are likely to favor the tattoo accessories market growth during the forecast period.
The need for tattooing items has grown as the practice of tattooing fashionable designs on one's body to display an attractive body image has become more popular. In addition, more people are watching on-demand videos, reading blogs, and reading digital magazines on various social media platforms and websites that are about fashion and creative lifestyles, which boost growth of the tattoo acessories market share.
For tracking motion fitness data points and activity, manufacturers are providing their customers with a selection of digital wearable fashion items. A tiny electronic tattoo, for instance, was created by researchers at Carnegie Mellon to track body movements and movement sensitivity. As a result, these developments and features may help the industry expand in the years to come. Thus, growth in innovations in the tattoo making and along with its popularity are likely to support to increase the growth of the tattoo accessories market during the forecast period.
Bans, restrictions, and prohibitions on tattoos are expected to hinder the market's expansion. Tattoos that support or favor political agendas or that depict cultural dignity and degradation are completely unacceptable in the majority of nations. For instance, tattoos are prohibited by Sharia Law in Saudi Arabia and Afghanistan. In India, tattoos are not permitted in many government positions, including those of a probationary officer in a bank, SSC, engineering service, railway jobs, or in the armed forces. Therefore, during the forecast period, the aforementioned factors are projected to restrain the expansion of the tattoo accessories market size.
The COVID-19 pandemic had a considerable impact on both the supply and demand of tattoo accessories. The demand for tattooing rapidly decreased in the first two quarters, and the majority of tattoo parlors closed due to the COVID-19 pandemic, which also caused a steep reduction in sales of tattoo accessories. Owing to the imposed lock-down, international border barrier, and short-term imbalance in demand in many places, the companies that manufacture tattoo ink, tattoo needles, and other tattoo accessories have been temporarily shut down however now when COVID cases are less, the pandemic significantly disrupted the market by altering consumer purchasing behavior. Thus, during COVID-19 e-commerce sales for tattoo accessories gained significant popularity.
On the basis of tattoo accessories market analysis, the market is segmented into product type, distribution channel, and region. On the basis of product type, the market is categorized into tattoo machine, tattoo ink, needles & cartridges, and others. On the basis of distribution channel, the market is segmented into hypermarkets & supermarkets, specialty stores, and e-commerce. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa).
According to the tattoo accessories market analysis, on the basis of product type, needles & cartridges segment accounted for around 32.9% market share in 2021, with and is expected to grow at CAGR of 6.7% during the forecast period. The drawing of tattoos is done with tattoo needles. It is attached to a portable device, driven by a motor, and submerged in ink. With increased safety awareness and knowledge of the risks associated with tattooing, tattoo artists are being more selective when selecting tattoo needles, which is likely to help the market grow over the course of the forecast period. Furthermore, the tattoo needles & cartridges section of the tattoo accessories market is expanding due to rise in demand for extremely fashionable and artistic tattoo. Thus, above factors are likely to propel the growth of the tattoo accessories market size through needles & cartridges segment during the forecast period.
According to the tattoo accessories market trends, on the basis of distribution channel, specialty store segment accounted for around 36.1% market share in 2021, with and is expected to grow at CAGR of 6.3% during the forecast period. A specialty store is a retail establishment that sells unique and specialized goods. These shops specialize in offering a specific product category including tattoo and piercing. People prefer specialty stores as retail establishments that concentrate their sales inside a certain product category might give their workers extensive training to equip them with in-depth product knowledge. For customers who require assistance choosing the appropriate product, these staff act as trustworthy sources of information. Thus, above mentioned factors are likely to bolster the growth of the tattoo accessories industry through specially store segment.
According to the tattoo accessories market opportunities, region wise, Asia-Pacific Tattoo Accessories market share is expected to witness significant growth at a CAGR of 7.2% during the forecast period. In Asia-Pacific, the import of equipment and beauty products into India and Indonesia might increase the sales of those goods. In addition, expanding fashion and beauty infrastructure may encourage the use of fashion accessories, which may in turn spur market expansion. The tattoo industry in India is booming and is expected to add in over 20,000 crore rupees annually. The Indian tattoo market is thriving and vibrant, ranging from professional studios in malls to seaside booths in Goa. Thus, growing tattoo studios and professional artists are likely to generate tattoo accessories market demand during the forecast period.
The players operating in the global tattoo accessories market have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Cheyenne - Professional Tattoo Equipment, Sabre Tattoo Supplies, Inkjecta International Pty Ltd., EZ Tattoo Supply, DRAGONHAWK, Technical Worldwide, Bishop Tattoo Supply Inc., Lauro Paolini Tattoo Supply, EIKON, and Infinite Irons.
Key Findings of the Study
- The tattoo accessories market size was valued at $853.1 million in 2021, and is estimated to reach $1,540.6 million by 2030, registering a CAGR of 6.2% from 2022 to 2031.
- By product type, the needles and cartridges segment is estimated to witness the significant growth, registering a CAGR of 6.7% during the forecast period.
- In 2021, depending on distribution channel, the E-commerce segment was valued at $205.5 million, accounting for 24.1% of the global tattoo accessories market share.
- In 2021, the Europe was the most prominent market, and is projected to reach $ 489.9 million by 2031, growing at a CAGR of 5.8% during the forecast period.
Companies Mentioned
- Cheyenne - Professional Tattoo Equipment
- Sabre Tattoo Supplies
- Inkjecta International Pty Ltd.
- Ez Tattoo Supply
- Dragonhawk
- Technical Worldwide
- Bishop Tattoo Supply Inc.
- Lauro Paolini Tattoo Supply
- Eikon
- Infinite Irons
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 204 |
Published | August 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 853.1 million |
Forecasted Market Value ( USD | $ 1540.6 million |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |