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APAC Tattoo Removal Market Research Report – Segmented By Procedure, End User and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)

Published: January, 2022
ID: 6140
Pages: 145

APAC Tattoo Removal Market Size (2022 to 2027)

The size of the Tattoo Removal market is estimated at USD 45.47 million in 2022, predicted to grow USD 64.14 Million by 2027, registering a CAGR of 7.12% from 2022 to 2027.

The growing demand for non-invasive remedies primarily drives the tattoo removal market growth in the APAC region, the increasing number of tattoo removal procedures, and the rising adoption of safe removal devices for tattoos. In addition, other factors such as growing awareness among the people about the tattoo removal procedures available in the market are expected to boost the market growth. 

In addition, the tattoo removal technologies that use multicolor technology have made it possible to remove the most popular tattoo ink colors easily; owing to this factor, many emerging countries are projected to gain market. Furthermore, the changing lifestyles and constantly changing fashion trends have significantly increased the demand for tattoo removal in the market in the recent past. 

Additionally, the development of next-generation tattoo removal laser devices that possess optimal energy output and allow the removal of the entire color spectrum of tattoo ink is predicted to favor the APAC tattoo removal market significantly. The affordable advanced tattoo removal treatments and increasing health insurance coverage are the other factors contributing to the market growth in the emerging countries in the region. The rising demand for tattoo removal technologies that cause minimum patient discomfort is one of the key factors driving the tattoo removal market growth. In addition, the growing adoption of multicolor tattoo removal equipment is expected to provide lucrative growth opportunities. Furthermore, laser treatments' growing popularity and potential to deliver favorable results to patients accelerate the market growth. 

However, the high cost of removal procedures and several risks factors associated with the removal procedures such as scarring, blisters, and discoloration are expected to hinder the market growth. In addition, strict government regulations and laws are likely to impact market growth negatively. 

This research report on the Asia Pacific tattoo removal market has been segmented and sub-segmented into the following categories:

By Procedure:

  • Laser-Based Devices           
    • Active Laser
    • Passive Laser
  • RF Devices               
  • Ultrasound Devices

By End-User: 

  • Dermatology Clinics
  • Beauty Clinics

By Country: 

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of APAC

Geographically, the Asia Pacific is expected to grow briskly during the forecast period due to the growing trends and development of advanced technology, rising awareness among the people, and improving the healthcare sector. Furthermore, the manufacturers in the region are focussing on expanding their geographical presence in developing countries. In addition, increasing disposable income of the consumers and the growing trend of tattoos in emerging countries such as Japan and India is expected to boost the market growth. 

China held the largest share of the APAC tattoo removal market in 2020, and it is anticipated to grow significantly during the forecast period. The changing lifestyles, change in the trend of tattoos are driving the market growth. In addition, the growing adoption of technological advancements is more likely to boost market growth. Further, due to an increase in tattoo removal operations, a spike in the use of Q-switched laser systems, a rise in demand for non-invasive treatments, and a strong consumer preference for laser therapy. 

The Indian tattoo removal market is projected to witness a promising share during the forecast period. Increasing awareness, the need for new, safe and effective tattoo removal procedures, and high consumer preference for laser treatment are propelling the market growth. 

KEY MARKET PLAYERS:

Companies dominating the APAC tattoo removal market profiled in this report are Alma Lasers, Ltd., Fotona d.d., Sciton Inc., EL.En. S.p.A., Lynton Lasers Ltd., Solta Medical Inc., Lumenis Ltd., Cynosure, Inc., Syneron Medical Ltd., Lutronic Corporation, and Cutera Inc.

1. Introduction                                                                                 

                1.1 Market Definition                                                                    

                1.2 Study Deliverables                                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                                          

                1.4 General Study Assumptions                                                                

2. Research Methodology                                                                                           

                2.1 Introduction                                                                               

                2.2 Research Phases                                                                      

                                2.2.1 Secondary Research                                                           

                                2.2.2 Primary Research                                                 

                                2.2.3 Econometric Modelling                                                      

                                2.2.4 Expert Validation                                                  

                2.3 Analysis Design                                                                         

                2.4 Study Timeline                                                                          

3. Overview                                                                                       

                3.1 Executive Summary                                                                

                3.2 Key Inferences                                                                         

                3.3 Epidemology                                                                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                                                    

                4.1 Market Drivers                                                                          

                4.2 Market Restraints                                                                    

                4.3 Key Challenges                                                                         

                4.4 Current Opportunities in the Market                                                                              

5. Market Segmentation                                                                                              

                5.1 Procedure                                                                   

                                5.1.1 Introduction                                                           

                                5.1.2 Laser-Based Devices                                                           

                                                                5.1.2.1 Active Laser                        

                                                                5.1.2.2 Passive Laser                      

                                5.1.3 RF Devices                                                               

                                5.1.4 Ultrasound Devices                                                             

                                5.1.5  Y-o-Y Growth Analysis, By Procedure                                                         

                                5.1.6  Market Attractiveness Analysis, By Procedure                                                       

                                5.1.7  Market Share Analysis, By Procedure                                                         

                5.2 End User                                                                      

                                5.2.1 Introduction                                                           

                                5.2.2 Dermatology Clinics                                                             

                                5.2.3 Beauty Clinics                                                         

                                5.2.4 Y-o-Y Growth Analysis, By End User                                                             

                                5.2.5 Market Attractiveness Analysis, By End User                                                           

                                5.2.6 Market Share Analysis, By End User                                                             

6. Geographical Analysis                                                                                              

                6.1 Introduction                                                                               

                                6.1.1 Regional Trends                                                    

                                6.1.2 Impact Analysis                                                     

                                6.1.3 Y-o-Y Growth Analysis                                                        

                                                6.1.3.1 By Geographical Area                                     

                                                6.1.3.2 By Procedure                                     

                                                6.1.3.3 By End User                                        

                                6.1.4  Market Attractiveness Analysis                                                     

                                                6.1.4.1 By Geographical Area                                     

                                                6.1.4.2 By Procedure                                     

                                                6.1.4.3 By End User                                        

                                6.1.5  Market Share Analysis                                                      

                                                6.1.5.1 By Geographical Area                                     

                                                6.1.5.2 By Procedure                                     

                                                6.1.5.3 By End User                                        

                6.2 China                                                                             

                6.3 India                                                                              

                6.4 Japan                                                                            

                6.5 South Korea                                                                               

                6.6 Australia                                                                      

7. Strategic Analysis                                                                                       

                7.1 PESTLE analysis                                                                         

                                7.1.1 Political                                                     

                                7.1.2 Economic                                                 

                                7.1.3 Social                                                         

                                7.1.4 Technological                                                         

                                7.1.5 Legal                                                          

                                7.1.6 Environmental                                                       

                7.2 Porter’s Five analysis                                                                              

                                7.2.1 Bargaining Power of Suppliers                                                        

                                7.2.2 Bargaining Power of Consumers                                                    

                                7.2.3 Threat of New Entrants                                                     

                                7.2.4 Threat of Substitute Products and Services                                                              

                                7.2.5 Competitive Rivalry within the Industry                                                     

8. Market Leaders' Analysis                                                                                        

                8.1 Alma Lasers Ltd.                                                                       

                                8.1.1 Overview                                                 

                                8.1.2 Product Analysis                                                   

                                8.1.3 Financial analysis                                                  

                                8.1.4 Recent Developments                                                       

                                8.1.5 SWOT analysis                                                       

                                8.1.6 Analyst View                                                          

                8.2 Fotona d.d.                                                                 

                8.3 Sciton Inc.                                                                   

                8.4 EL.En. S.p.A.                                                                               

                8.5 Lynton Lasers Ltd.                                                                    

                8.6 Solta Medical Inc.                                                                     

                8.7 Lumenis Ltd.                                                                              

                8.8 Cynosure Inc.                                                                            

                8.9 Syneron Medical Ltd.                                                                             

                8.10 Lutronic Corporation                                                                            

9. Competitive Landscape                                                                                           

                9.1 Market share analysis                                                                            

                9.2 Merger and Acquisition Analysis                                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                                         

                9.4 New Product Launches                                                                         

10. Market Outlook and Investment Opportunities                                                                                         

Appendix                                                                                           

                a) List of Tables                                                                

                b) List of Figures                                                                              

  1. Asia Pacific Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  2. Asia Pacific Laser-Based Devices Market, By Region, From 2022 - 2027 (USD Billion)
  3. Asia Pacific RF Devices Market, By Region, From 2022 - 2027 (USD Billion)
  4. Asia Pacific Ultrasound Devices Market, By Region, From 2022 - 2027 (USD Billion)
  5. Asia Pacific Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)
  6. Asia Pacific Dermatology Clinics  Market, By Region, From 2022 - 2027 (USD Billion)
  7. Asia Pacific  Beauty Clinics Market, By Region, From 2022 - 2027 (USD Billion)
  8. Japan Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  9. Japan Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)
  10. China Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  11. China Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)
  12. India Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  13. India Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)
  14. Australia Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  15. Australia Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)
  16. South Korea Tattoo Removal Market, By Procedure, From 2022 - 2027 (USD Billion)
  17. South Korea Tattoo Removal Market, By End User, From 2022 - 2027 (USD Billion)

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