Tattoo Inks Market - Forecast(2023 - 2028)

Tattoo Inks Market Overview

The Tattoo Inks Market size is forecast to reach US$212.6 million by 2027, after growing at a CAGR of 5.4% during the forecast period of 2022-2027. Tattoo inks are primarily composed of two components which include pigments and carriers. Carriers are mostly composed of a mixture of water, acrylic resin, isopropyl alcohol, glycerin, and witch hazel. Another common ingredient used in tattoo inks is titanium dioxide, which is a white pigment that can be combined with other colors to create new shades of ink. The type of pigments used in tattoo inks can be categorized into organic, minerals, vegetable-based, plastic-based, and other types. According to Marine Agency Corporation, global tattooing accounts for almost US$ 1.3 billion per year. The increasing demand for tattoos in multiple regions along with the surging demand for organic tattoo inks acts as the major driver for the market. On the other hand, health hazards and strict regulations associated with the use of tattoo inks may act as a major constraint for the market.

COVID-19 Impact

There is no doubt that the COVID-19 lockdown had significantly reduced economic activities as a result of country-wise lockdowns, and the decline of supply and demand chain all over the world, thus, affecting the market. Studies show that the outbreak of COVID-19 forced tattoo studios to shut down due to a lack of operations across multiple countries around the world. However, a slow recovery in the tattoo industry has been witnessed across many countries around the world since 2021. For instance, recent insights from Time news states that the tattoo industry increased its market size by 23.2% and reached up to US$ 1.4 billion in 2021. In this way, steady growth of the tattoo industry is expected to increase the demand for tattoo inks composed of acrylic resin, isopropyl alcohol, glycerin, and pigments. This indicates a slow and steady recovery of the market in the upcoming years.

Report Coverage

The report: “Tattoo Inks Market Report – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Tattoo Inks Industry.

By Product Type: Black & Grey Tattoo Ink, Colored Tattoo Ink.
By Pigment Type: Organic, Minerals, Vegetable-based, Plastic-based, Others.
By Geography: North America (USA, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and the Rest of Asia-Pacific), South America (Brazil, Argentina, Colombia, Chile and the Rest of South America), the Rest of the World (the Middle East, and Africa).

Key Takeaways

Figure: North America Tattoo Inks Market Revenue, 2021-2027 (US$ Million)

For more details on this report - Request for Sample

Tattoo Inks Market Segment Analysis – By Product Type

Black & grey tattoo ink held the largest share in the Tattoo Inks Market in 2021 and is expected to grow at a CAGR of 5.5% between 2022 and 2027, owing to its increasing demand due to the characteristics and benefits it offers over other types of colored tattoo inks. Black & grey tattoo inks are easier to make and require less time than colored tattoo inks. They last significantly longer than colored tattoos and require low maintenance since they don't fade easily and do not require frequent touch-ups as opposed to colored tattoo inks. Black and grey tattoo inks are more versatile in nature and work well with almost any design. Moreover, they are faster, relatively cheaper, and economical in comparison to colored tattoo inks. Hence, all of these benefits are driving its demand over other types of colored tattoo inks, which in turn, is expected to boost the market growth in the upcoming years.

Tattoo Inks Market Segment Analysis – By Pigment Type

Organic pigment type held the largest share in the Tattoo Inks Market in 2021 and is expected to grow at a CAGR of 5.6% between 2022 and 2027, owing to its increasing demand over other types of pigments. Organic pigments offer a range of benefits such as lightness in weight and small particle size which helps in creating high volumes of ink. They are more moisture resistant and provide a natural gloss in comparison to minerals, plastic-based, and other types of pigments. They are transparent in nature, have a high tinting strength, and have excellent lightfast ratings. Moreover, they are less toxic in nature as opposed to minerals, plastic-based, and other types of pigments. Thus, all of these properties are driving its demand over other types of pigments, which in turn, is expected to boost the market growth in the upcoming years.

Tattoo Inks Market Segment Analysis – By Geography

North America held the largest share in the Tattoo Inks Market in 2021 up to 34%, owing to the growing demand for tattoo inks in the region. For instance, recent insights published by CompareCamp state that tattooing is considered to be the sixth fastest growing industry in North America. In 2021, 36% of U.S. citizens between the ages of 18 to 29 have at least one tattoo. 30% of college graduates in the U.S. have tattoos. 11% of people belonging to the age group of 50 to 64 years in the United States have tattoos. 36% of the Armed Forces in the U.S. which includes military veterans also have tattoos. Furthermore, over 21,000 tattoo parlors have been built in the U.S, and the number increases by one per day. Americans spend around US$ 1.65 billion on tattoos per year. Hence, such trends are driving the demand for tattoos in the region. This, in turn, is expected to boost the growth of the Tattoo Inks Market during the forecast period.

Tattoo Inks Market Drivers

The increasing demand for tattoos in multiple regions across the world is most likely to increase demand for the product

Tattooing has become one of the major trends in multiple regions across the world in the past few years. For instance, according to recent insights published by CompareCamp in 2021, the global tattoo industry is expected to grow by 8% in the next ten years. It further states that the number of people with at least one tattoo reached up to 48% in Italy, 47% in Sweden, 46% in the USA, and 43% in Australia. Likewise, the number of people with tattoos reached up to 43% in Argentina, 42% in Spain, 41% in Denmark, and 40% in the UK. In this way, thus trends associated with tattooing are propelling the growth of the tattoo industry in multiple regions across the world. This is expected to accelerate the growth of the market in the upcoming years.

The surging demand for organic tattoo inks is most likely to increase the demand for the product

Organic tattoo inks tend to be brighter, rich, and bolder in color in comparison to inorganic tattoo inks. They provide more resistance to moisture and impart a natural gloss in comparison to inorganic tattoo inks. They also offer a high tinting strength and transparency. Moreover, they are less toxic in nature as opposed to inorganic tattoo inks. Thus, all of these properties of organic tattoo inks are driving its demand in the market. For instance, according to Brenntag, a leading company in the chemicals industry, the organic pigments industry is expected to reach up to US$ 4.89 billion by 2024. In this way, the surging demand for organic tattoo inks, owing to their non-toxicity and other above-mentioned properties, is expected to drive the growth of the Tattoo Inks Market in the upcoming years.

Tattoo Inks Market Challenges

Health hazards associated with the use of tattoo inks may confine the market growth

Tattoos can possibly lead to a number of risks, which include allergic reactions, skin infections, and scarring. Colored ink tattoos have a higher risk of causing allergic reactions like itchiness or rashes. In addition to this, tattoos are most likely to cause skin infections as well. Other skin-related problems such as granuloma can be formed around the tattoo. It can also cause keloids, a result of an overgrowth of scar tissues around the tattoo. In rare cases, it is probable to experience substantial skin reactions at the site of the tattoo while undergoing an MRI (Magnetic Resonance Imaging) test. Furthermore, in January 2022, the European Union banned the use of tattoo inks in the region, owing to a number of potential health risks associated with its use. Thus, such health hazards and strict regulations associated with the use of tattoo inks may confine the growth of the market.

Tattoo Inks Industry Outlook

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Tattoo Inks Market. Tattoo Inks top 10 companies are:

1. Eternal Ink
2. Intenze Tattoo Ink
3. Millennium Colors
4. Kuro Sumi
5. Alla Prima
6. Bloodline Tattoo Ink
7. Dynamic Tattoo Inks
8. StarBrite Colors Tattoo Ink
9. Radiant Colors Tattoo Ink
10. Fantasia Tattoo Inks

Recent Developments

Relevant Reports

Special Effect Pigments Market – Forecast (2022 - 2027)
Report Code: CMR 76460

Inorganic Pigments Market – Forecast (2022 - 2027)
Report Code: CMR 0419

Pigments Market – Forecast (2022 - 2027)
Report Code: CMR 36770

For more Chemicals and Materials related reports, please click here