The global tattoo accessories market is projected to generate $ 1.5 billion by 2031 – allied market research

Allied market research

The rise in popularity of tattoos among people and the expansion into numerous tattoo studios drives the global tattoo accessories market. In 2020, the demand for tattoos fell rapidly in the first two quarters due to the closure of tattoo shops, which also caused a sharp reduction in sales of tattoo accessories. By region, Europe held the largest share in 2021, contributing around a third of the total tattoo accessories market share.

Portland, OR, September 11, 2022 (GLOBE NEWSWIRE) – According to the report released by Allied Market Research, the tattoo accessories market raised $ 853.1 million in 2021 and is expected to generate $ 1.5 billion by 2031, showing a CAGR of 6.2% from 2022 to 2031. The report provides an in-depth analysis of changing market dynamics. the main segments, the value chain, the competitive scenario and the regional landscape. This research offers valuable guidance to key players, investors, shareholders and startups in devising strategies for sustainable growth and for gaining a competitive advantage in the market.

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Report coverage and details:

Report coverage

Details

Forecast period

2022-2031

Reference year

2021

Market size in 2021

$ 853.1 million

Market size in 2031

1.5 billion dollars

CAGR

6.2%

No. of pages in Report

204

Segments covered

Product type, distribution channel and region.

Drivers

Increased popularity of tattoos among people

The expansion into numerous tattoo studios

Changes in fashion trends

Attitudes changed towards tattooing

Chance

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

Introduction of new software programmers such as Gravit Designer, Xara Designer Pro X, Affinity Designer and others.

Restrictions

Restrictions, prohibitions and laws against tattooing

Covid-19 scenario:

  • The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global tattoo accessories market, due to the implementation of the global lockdown which led to the temporary closure of most tattoo shops.

  • In 2020, the demand for tattoos fell rapidly in the first two quarters due to the closure of tattoo shops, which also caused a sharp reduction in sales of tattoo accessories.

  • Due to the blockade, the barrier to international borders and the short-term imbalance in demand in many places, companies that produce tattoo inks, tattoo needles and other tattoo accessories have had to close their businesses.

  • However, during the COVID-19 outbreak, e-commerce sales of tattoo accessories gained significant popularity.


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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 by product type, distribution channel, and region. The report details the segments and their subsegments with the help of tables and figures. Market players and investors can strategize based on the highest revenue generating and fastest growing segments mentioned in the report.

By product type, the needle and cartridge segment held the highest share in 2021, accounting for nearly a third of the global tattoo accessories market, and is expected to continue its leadership status during the forecast period. . However, the tattoo ink segment is expected to record the highest CAGR of 7.5% from 2022 to 2031.

By distribution channel, the hypermarket / supermarket segment accounted for the highest share in 2021, holding nearly two-fifths of the global tattoo accessories market and is expected to maintain its leadership status during the forecast period. However, the e-commerce segment is estimated to grow at the highest CAGR of 7.2% during the forecast period.

Based on the region, Europe held the largest share in 2021, contributing around a third of the total tattoo accessories market share, and is expected to maintain its dominant share in terms of revenue in 2031. Furthermore, the region Asia Pacific is expected to exhibit the fastest CAGR of 7.5% during the forecast period. The research also analyzes regions including North America and LAMEA.

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Major players in the global tattoo accessories market analyzed in the research include Cheyenne – Professional Tattoo Equipment, Saber Tattoo Supplies, Inkjecta International Pty Ltd., EZ Tattoo Supply, DRAGONHAWK, Technical Worldwide, Bishop Tattoo Supply Inc., Lauro Paolini Tattoo Supply, EIKON and Infinite Irons.

The report provides a detailed analysis of these key players of the global Tattoo Accessories market. These players have adopted different strategies such as new product launches, collaborations, expansions, joint ventures, agreements and others to increase their market share and maintain dominant share in different regions. The report is invaluable in highlighting the business performance, operating segments, product portfolio and strategic moves of market players to show the competitive landscape.

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Who we are

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research offers global enterprises and small and medium-sized businesses unparalleled quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market domain.

We have professional business relationships with various companies and this helps us to extract market data which helps us to generate accurate research data tables and confirms the highest accuracy in our market forecasts. Allied market research CEO Pawan Kumar it is critical to inspire and encourage everyone associated with the company to maintain high data quality and help customers in any way possible to achieve success. Any data presented in the reports published by us is extracted through primary interviews with senior officials of the main domain companies concerned. Our secondary data acquisition methodology includes in-depth online and offline research and discussions with industry-experienced professionals and analysts.

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