Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 154.97 Million | USD 281.33 Million | 6.85% | 2023 |
The global tattoo ink market size was worth around USD 154.97 million in 2023 and is predicted to grow to around USD 281.33 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.85% between 2024 and 2032.
The study includes drivers and restraints for the tattoo ink market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the tattoo ink market on a global level.
The tattoo ink basically consists of a pigment combined with a carrier and is used to draw tattoos on the human body. Tattoo inks also include various additives, such as fillers, binding agents, surfactants, and preservatives. Tattoos have been a part of our world culture. The art of tattoo making dates back from centuries ago. Earlier it was used as a symbol for an indication of family lineage and religious beliefs. But today tattoo has become a style & fashion statement that an individual decides to wear on his/her body for their entire life. The inclination of youth towards tattoos and social acceptability has driven the tattoo ink market for the past two decades.
Worldwide demand for tattoo ink is growing at a rapid pace. Global demand for tattoo ink is expected to be driven by the inclination of youth towards body art and an increased number of tattoo artists and professionals. The major restraint towards the tattoo ink market is the stringent regulations & restrictions led by the government for the manufacture of tattoo ink. These regulations are made to safeguard the consumers and thus stopping a potentially large outbreak of infection worldwide.
Based on type, the market is segmented into Black & Grey tattoo inks and colored tattoo inks. Black & Grey tattoo inks held the largest market share in 2018 whereas the colored tattoo inks segment is expected to register a moderate CAGR over the forecast period. The demand for colored tattoo inks has increased in the near future due to the interest of consumers diverting from basic black & grey color ink to colored tattoo inks.
Based on pigment, the market is segmented into mineral, organic, and others. In the last two decades, the use of tattoo ink has shifted from mineral-based pigments to organic pigments. This is also due to the rise in awareness about organic pigments and regarding consumer safety. Consumers often find themselves allergic to iron oxides present in mineral pigment which has made them cautious about the type of pigment in the tattoo ink which is going to be injected into their body.
Report Attributes | Report Details |
---|---|
Report Name | Tattoo Ink Market Research Report |
Market Size in 2023 | USD 154.97 Million |
Market Forecast in 2032 | USD 281.33 Million |
Growth Rate | CAGR of 6.85% |
Number of Pages | 215 |
Key Companies Covered | Intenze Tattoo Ink, Eternal Ink, Inc., Millennium Colors, Inc., Alla Prima Ink, Bloodline Tattoo Ink, StarBrite Colors Tattoo Ink, Kuro Sumi, Radiant Colors, Sacred Color, and Dynamic Color |
Segments Covered | By Type, By Source, By Pigment and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
At the region level, North America dominated the global tattoo ink market and accounted for about 42% market share in 2018. North America region is projected to lead the market over the forecast period with progress mostly focused on the U.S. market. Today almost 20% of the US population is tattooed. There are also a few legal restrictions on tattoo ink in the US which include bans on certain colorants. In Europe, about 12% of the population carries a tattoo and is expected to continually augment the tattoo ink market. Asia Pacific is estimated to be growing at a moderate CAGR over the forecast period.
The global tattoo ink market is dominated by players like:
Global Tattoo ink Market: Type Segment Analysis
Global Tattoo ink Market: Pigment Segment Analysis
Global Tattoo ink Market: Regional Segment Analysis
FrequentlyAsked Questions
Tattoo ink is a specially formulated pigment used in tattooing to create permanent designs on the skin.
Tattoos are becoming more socially acceptable and popular among various demographics and cultures. Tattoos are becoming a fashion statement and a form of personal expression.
The global tattoo ink market size was worth around USD 154.97 million in 2023 and is predicted to grow to around USD 281.33 million by 2032.
The global tattoo ink market a compound annual growth rate (CAGR) of roughly 6.85% between 2024 and 2032.
At the region level, North America dominated the global tattoo ink market and accounted for about 42% market share in 2018. North America region is projected to lead the market over the forecast period with progress mostly focused on the U.S. market. Asia Pacific is estimated to be growing at a moderate CAGR over the forecast period.
Some of the key players in the tattoo ink market include Intenze Tattoo Ink, Eternal Ink, Inc., Millennium Colors, Inc., Alla Prima Ink, Bloodline Tattoo Ink, StarBrite Colors Tattoo Ink, Kuro Sumi, Radiant Colors, Sacred Color, and Dynamic Color, among others.
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