Increase in number of people getting tattoos and constantly changing fashion trends to drive Australia tattoo removal market
According to TechSci Research report, “Australia Tattoo Removal Market By Procedure (Laser, Surgical, Tropical Cream, Dermabrasion, Others), By End User (Laser Center, Dermatology Clinic, Hospitals, Others), By Region, Forecast & Opportunities, 2025”, the market is expected to witness significant CAGR during the forecast period owing to increasing number of people getting tattoos in the country. With this, the market is also witnessing increase in number of people who are undergoing tattoo removal due to various personal and social reasons. Further, changing fashion trends and more & more people having regrets for getting their tattoos done in the first place are acting as a major driver for Australia tattoo removal market. Also, 2018 Macrindle study reveals that around 20 percent of Australians have tattoos and many of them regretted it and started opting for tattoo removal. This is acting as a key driver for tattoo removal market growth in the country.
Moreover, advancements of tattoo removal procedures and introduction of new methods like laser surgery, dermabrasion are fueling the growth of this market. Adding to this, people changing profession and fading of tattoos are some other factors creating the demand for tattoo removal in Australia. The market also witnessed launch of PicoSure energy delivery system, which is capable of removing full color spectrum of tattoo in limited treatment cycles. With this, high disposable income is also playing as a significant factor for market growth.
However, Australia tattoo removal market is also facing some challenges. High cost of tattoo removal procedures and cases of skin allergies might limit the growth of this market.
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"Australia Tattoo Removal Packaged Foods Market"
Australia tattoo removal market is segmented based on procedure, end user and region. Based on procedure, the market is segmented into laser, surgical, tropical cream, dermabrasion and others. Among them, the laser segment underwent highest growth in 2019 and is expected to possess high growth potential during the forecast period as it is a painless procedure. This is leading to increasing number of individuals opting for laser treatments instead of surgeries. However, tropical cream segment is also witnessing high demand in Australian market as they are considered least expensive method for tattoo removal and are widely available in the country.
Based on end user, Australia tattoo removal market is segmented into laser center, dermatology clinic, hospitals and others. Among these, the dermatology clinic segment dominated the market in 2019 and is further anticipated to undergo fastest growth through 2025 as they have advanced equipment for tattoo removal as compared to hospitals, laser centers and other segments. The popularity of dermatology clinics is leading to preference among individuals for these clinics to get rid of their tattoos.
Major players operating in the Australia tattoo removal market include Agic Capital, Bison Medical, Cynosure, Inc., Candela Corporation, Fosun Pharma, Lumenis, Lutronic Corporation, and Global Beauty Group. Leading companies are adopting growth strategies like developing new tattoo removal techniques and new product launches to increase their market share in Australia.
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“There is no requirement for separate tattooist licenses for establishing a formal tattoo parlor in Australia, which is encouraging tattoo artists to set up their own studios. This is leading to upsurge in number of people getting inked and many of them looking to get rid of their old tattoos. The market is not regulated, which is acting as a major growth driver for tattoo removal market. Introduction of effective tattoo removal treatments is further expected to create new growth opportunities for the market in coming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Australia Tattoo Removal Market By Procedure (Laser, Surgical, Tropical Cream, Dermabrasion, Others), By End User (Laser Center, Dermatology Clinic, Hospitals, Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of Australia tattoo removal market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Australia tattoo removal market.
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