Investment

Dynamics in Tattoo removal market – some sources:

Source: www.fda.gov/ForConsumers/ConsumerUpdates/ucm336842.htm

  • 1 in 8 of American adults who have tattoos regret getting one (12,5%).
  • The American Society for Dermatologic Surgery (ASDS) reports that in 2011, its doctors performed nearly 100,000 tattoo removal procedures, up from the 86,000 performed in 2010. -From 2012 to 2013, the number of tattoo removals increased by 52%.

Source: www.theharrispoll.com/health-and-life/Tattoo_Takeover.html

  • 29% of Americans have at least one tattoo, up from 21% just four years ago.
  • With tattoos on the rise, regrets have risen as well; nearly one fourth (23%) of those with tattoos say they ever regret getting one – up from 14% in 2012.

Source: www.telegraph.co.uk/beauty/body/rethinking-ink-how-tattoos-lost-their-cool/

  • in GB 39% of adults surveyed regretting their ink.
  • people assume tattoo removal is largely driven by the name of ex-partners, but it’s driven first and foremost by employment considerations,’ says Dr. Andrew R Timming, reader in management at the University of St Andrews.

Source: www.marketwatch.com/story/tattoo-removal-surges-440-over-the-last-decade-2014-07-15

  • Revenue for tattoo removals has surged 440% to an estimated $75.5 million over the last decade.
  • Spending on tattoo removals is still growing and is expected to hit $83.2 million in 2018

Source: www.marketresearchfuture.com/press-release/tattoo-removal-market

  • The global market for tattoo removal is growing rapidly and expected to reach USD 4,794.9 million by the end of 2023.

Source: www.reportbuyer.com/product/5139455/tattoo-removal-market-global-opportunity-analysis-and-industry-forecast-2017-2023.html

  • The global tattoo removal market was valued at $11,614 million in 2016, and is projected to reach at $27,317 million by 2023, growing at a CAGR of 12.7% from 2017 to 2023.

Source: https://yougov.co.uk/news/2015/07/14/myth-busted-people-do-not-regret-their-tattoos/

  • Removal specialists Premier Laser Clinic report a 25% increase in removal requests over the past two years. Tattoos of the names of ex-lovers, dolphin tattoos and misspelt foreign quotes are cited as the most regrettable body art.
  • According to a new YouGov survey, nearly a quarter of Americans (24%) and around a fifth (19%) of British adults have ever been “inked” (plus 2% in America and 1% in Britain who “prefer not to say”). Of those, 22% in the America and only 14% in Britain have any regrets.

Source: http://aktuell.ruhr-uni-bochum.de/mam/content/tattoo-studie.pdf

  • Over 6 Million people in Germany have a tattoo. 12% tattoos say they ever regret getting one.
For more information about investment
opportunities please contact us at aesthetiCare

 

Bastian Seidel, bs@aesthetiCare.biz
 Thomas Mechtersheimer, tm@passioninnovation.com