Market Size and Overview:
The Global Rotary Tattoo Equipment Market was valued at USD 351.61 Million and is projected to reach a market size of USD 550.00 Million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6.6%.
Industry Overview
In the realm of tattooing, the application of permanent ink leaves an enduring mark on the skin. Essential to this process is tattoo equipment, the handheld apparatus utilized for tattooing procedures. Contemporary equipment often employs electromagnetic coils to manipulate the armature bar, facilitating the injection of ink into the skin through a cluster of needles. Referred to colloquially as "machines," "pens," or "irons" by tattoo artists, these tools come in various types such as rotary, coil, linear, and others.
The global Tattoo Equipment Market is significantly influenced by factors such as the proliferation of tattoo parlors and the increasing acceptance of tattoos across diverse demographics. Moreover, the market is expected to witness growth propelled by the rising demand for permanent tattoos worldwide, including replacement procedures. Evolving fashion trends and lifestyle preferences also play a pivotal role in shaping market dynamics, as analyzed comprehensively in studies focusing on the global tattoo equipment market. These analyses delve deep into market segments, trends, drivers, restraints, competitive landscapes, and other pertinent aspects.
Impact of Covid-19 on the Industry
The emergence of COVID-19 as a global pandemic, as declared by the World Health Organization, has inflicted profound repercussions on both individuals and businesses worldwide. By May 4, the confirmed cases of the virus surpassed a million in the country, with over 60,000 fatalities. Given that the virus spreads through respiratory droplets, activities like tattooing pose considerable risks, as highlighted by the Centers for Disease Control. Amidst this tumult, tattoo artists like Myles, operating within a network of at least 47,000 establishments nationwide, grapple with uncertainties regarding their return to work safety protocols, particularly as some states gradually ease shelter-in-place mandates.
Market Drivers
The surge in tattoo popularity has spurred the establishment of numerous studios.
The growing affinity towards tattoos has catalyzed the proliferation of studios across various locales. Societal shifts in trends and lifestyles have also impacted the market significantly. Globally, there's been a surge in the adoption of permanent tattoos, fueled by an uptick in replacement procedures and the emergence of innovative tattoo designs. These factors collectively propel the growth of the global tattoo equipment market.
Increased awareness about safe tattooing practices has driven demand for tattoo equipment.
Furthermore, heightened awareness regarding safe tattooing practices has contributed to the escalating demand for tattoo equipment. The market has been positively influenced by the global adoption of painless tattooing techniques. Additionally, increased awareness about needle safety and the adoption of safer tattooing protocols have bolstered demand for tattoo equipment. The burgeoning concerns regarding personal appearance remain a primary driver for market expansion.
Market Restraints
Health concerns stemming from the reuse of tattoo needles pose challenges to market growth.
However, the practice of reusing tattoo needles presents inherent health risks, including skin infections, transmission of blood-borne diseases, and allergic reactions. Such concerns may impede the growth trajectory of the tattoo equipment market.
Global Rotary Tattoo Equipment Market - By Application
The segmentation of the market based on application divides it into Residential and Commercial categories. Commercial tattooing is typically carried out by professionals at tattoo parlors, a method considered secure for body tattoo application. On the other hand, residential tattooing involves applying tattoos on one's own body or a friend's, emphasizing the need for proper training and tools to ensure a hygienic and secure tattooing process. It is cautioned that purchasing tattoo supplies independently is not deemed safe and may elevate the risk of contracting dangerous infectious infections.
Global Rotary Tattoo Equipment Market - By Geography & Region
Projections indicate that the Asia Pacific region is poised to experience the most rapid expansion in the tattoo machine market. The growth is expected to be particularly prominent in developing nations like Bangladesh, Sri Lanka, China, and India, where an increase in the number of tattoo parlors is anticipated. North America currently holds the largest share in the tattoo machine market, and this dominance is foreseen to persist in the years to come. Local and regional players contributing innovative designs are driving the demand for the product. In North America, millennials exhibit significant enthusiasm for vibrant tattoos. Europe holds the position of the second-largest market for tattoo machines, driven by high customer demand for tattoo printing in the region.
Global Rotary Tattoo Equipment Market - By Companies
Worldwide Tattoo Supply
Eikon Device
Dragon Hawk
CAM Supply
Body Shock
Kwadron
Superior Tattoo
Barber DTS
Cheyenne
Powerline
Magic Moon
Revolution
Hildbrandt
Chapter 1. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – Executive Summary
2.1. Market Size & Forecast – (2023 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2023- 2030
2.3.2. Impact on Supply – Demand
Chapter 3. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. GLOBAL ROTARY TATTOO EQUIPMENT MARKET - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. GLOBAL ROTARY TATTOO EQUIPMENT MARKET - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – By Application
6.1. Residential
6.2. Commercial
Chapter 7. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – By Region
7.1. North America
7.2. Europe
7.3. The Asia Pacific
7.4. Latin America
7.5. The Middle East
Chapter 8. GLOBAL ROTARY TATTOO EQUIPMENT MARKET – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
8.1. Worldwide Tattoo Supply
8.2. Eikon Device
8.3. Dragon Hawk
8.4. CAM Supply
8.5. Body Shock
8.6. Kwadron
8.7. Superior Tattoo
8.8. Barber DTS
8.9. Cheyenne
8.10. Powerline
8.11. Magic Moon
8.12. Revolution
8.13. Hildbrandt
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