The global market for tattoo supplies is expected to reach $1.5 billion by 2031: Allied Market Research

Allied Market Research

Allied Market Research

The rise in popularity of tattoos among people and the expansion of a number of tattoo studios has propelled the global market for tattoo accessories. In 2020, the demand for tattoos declined rapidly in the first two quarters of the year due to the closure of tattoo parlors, which also caused a sharp drop in sales of tattoo accessories. Depending on the region, Europe occupied the largest share in 2021, contributing about a third of the total tattoo accessories market share.

PORTLAND, Oregon, September 11, 2022 (GLOBE NEWSWIRE) – According to the report published by Allied Market Research, tattoo accessories market Earned $853.1 million in 2021 and expected to generate $1.5 billion by 2031, showing a compound annual growth rate of 6.2% from 2022 to 2031. The report provides a comprehensive analysis of changing market dynamics, key segments, value chain, and scenario competitive, regional landscape. This research provides valuable guidance to prominent players, investors, shareholders, and startups in devising strategies for sustainable growth and competitive advantage in the marketplace.

Download a sample copy of the @ report https://www.alliedmarketresearch.com/request-sample/17253

Report coverage and details:

Report coverage

details

prediction period

2022-2031

base year

2021

Market size in 2021

$853.1 million

Market size in 2031

$1.5 billion

compound annual growth rate

6.2%

Number of pages in the report

204

Sectors covered

Product type, distribution channel and region.

drivers

The rising popularity of tattoos among people

Expansion of a number of tattoo studios

Changes in fashion trends

Changing attitudes towards tattoos

chances

Exposure to online fashion blogs, posts, videos and other content

An introduction to new software programmers such as Gravit Designer, Xara Designer Pro X, Affinity Designer and others.

limitations

Tattoo Restrictions, Prohibitions and Laws

Covid-19 scenario:

  • The outbreak of the COVID-19 epidemic had a negative impact on the growth of the global tattoo accessory market, due to the implementation of the global lockdown which led to the temporary closure of the majority of tattoo parlors.

  • In 2020, the demand for tattoos declined rapidly in the first two quarters of the year due to the closure of tattoo parlors, which also caused a sharp drop in sales of tattoo accessories.

  • Due to the imposition of lockdown, the international border barrier, and the short-term imbalance in demand in many places, companies that manufacture tattoo inks, tattoo needles and other tattoo accessories have been forced to close their operations.

  • However, during the COVID-19 outbreak, e-commerce sales of tattoo accessories are gaining in popularity.


Get a detailed analysis of the impact of COVID-19 on
tattoo accessories market https://www.alliedmarketresearch.com/request-for-customization/17253?reqfor=covid

The research provides a detailed segmentation of the global Tattoo Accessories market based on product type, distribution channel, and region. The report discusses the sections and subsections in detail with the help of tables and figures. Market players and investors can strategize according to the highest and fastest growing income generating sectors mentioned in the report.

Depending on product type, the needle and cartridge segment occupied the largest share in 2021, accounting for nearly a third of the global tattoo accessory market, and is expected to continue to lead during the forecast period. However, the tattoo ink segment is expected to register the highest compound annual growth rate of 7.5% from 2022 to 2031.

Based on distribution channel, the supermarket/supermarket segment captured the highest share in 2021, capturing nearly two-fifths of the global tattoo accessories market, and is expected to continue its leadership position during the forecast period. However, the e-commerce segment is expected to grow at the highest compound annual growth rate of 7.2% during the forecast period.

Based on the region, Europe occupied the largest share in 2021, contributing around a third of the total tattoo accessory market share, and is expected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia Pacific region is expected to show Fastest compound annual growth rate of 7.5% during the forecast period. The research also analyzes regions including North America and LAMEA.

Schedule a free consultation call with our analysts/industry experts to find a solution for your business https://www.alliedmarketresearch.com/purchase-enquiry/17253

Leading companies in the global tattoo accessories market analyzed in the research include Cheyenne – Professional Tattoo Supplies, Saber Tattoo Supplies and Inkjecta International Pty Ltd. and EZ Tattoo Supply, DRAGONHAWK, Technical Worldwide, and Bishop Tattoo Supply Inc. and Lauro Paolini Tattoo Supply, EIKON, and infinite irons.

The report provides a detailed analysis of these major players in the global tattoo accessories market. These players have adopted various strategies like new product launches, cooperation, expansion, joint ventures, agreements, etc. to increase their market share and maintain their dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Avenue Basic Plan | Access to the library | 1 year subscription |

Sign up for an Avenue subscription to access 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month per seat. For a year, the customer needs to purchase a minimum two-seat plan.

Avenue Library Subscription | Request a 14-day free trial before purchasing: https://www.alliedmarketresearch.com/avenueTrial

Get more information: https://www.alliedmarketresearch.com/library-access

information about us

Allied Market Research (AMR) is a full-service market research and business consultancy of Allied Analytics LLP headquartered in Portland, Oregon. Allied Market Research provides global organizations as well as medium and small businesses with unparalleled quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted viewpoint to provide business insights and consultancy to help its clients make strategic business decisions and achieve sustainable growth in their market space.

We are in professional corporate relationships with many companies and this helps us extract market data that helps us create accurate research spreadsheets and assures the utmost accuracy in our market forecasts. CEO of Allied Market Research, Pawan Kumar It plays an essential role in inspiring and encouraging everyone associated with the company to maintain high data quality and help customers in every way possible to achieve success. All the data presented in the reports published by us are extracted through preliminary interviews with senior officials from the leading companies in the respective field. Our methodology for acquiring secondary data includes in-depth online and offline research and discussions with industry knowledgeable professionals and analysts.

CONTACT: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022 International: +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

Leave a Comment