Getting inked: Strong demand for customized tattoos with intricate designs will foster revenue growth

The Tattoo Artists industry has exhibited growth over the past five years, partially due to popular culture, including tattoo-related reality television programs that have made tattoos less culturally taboo. Additionally, individuals have continued to demand customized tattoos with intricate designs, rather than predesigned tattoos, stimulating industry revenue. Over the next five years, the industry will continue to grow, as the US population will likely become increasingly tattooed. However, new public heath initiatives and regulations may add to operational costs for the industry and pose as barriers to new industry entrants...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
13.0%
Forecast Growth 16-21
Profit
Employment
45,825
Businesses
38,879
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry’s customer base has expanded significantly, as has the revenue generated per customer
  • Profit margins in this industry are high and have grown over the past five years
  • Customers may opt for complex, customized tattoos given greater purchasing power
  • Industry Report - Industry SWOT Analysis Chapter

    The Tattoo Artists industry is currently in the growth stage of its life cycle. In the 10 years to 2021, industry value added (IVA), which measures the industry's contribution to the overall economy, is expected to grow at an annualized rate of 9.2%. Comparatively, GDP is anticipated to grow at an average annual rate of 2.3% over the 10-year period. This indicates that the industry is expanding rapidly as a share of the national economy. Tattoos have also quickly entered the mainstream in recent years, so the market for industry services has expanded, another mark of a growth industry. For example, industry services are being used less exclusively by younger demographics. In addition, women have expanded significantly as a market for industry services. Fin...purchase to read more.

    Additional Insights for the Tattoo Artists Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Tattoo Artists Industry are

  • Access to highly skilled workforce
  • Having a good reputation
  • Having a loyal customer base
  • IBISWorld analysts also discuss how external factors such as Number of adults aged 20 to 64 and Per capita disposable income in the Tattoo Artists industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Tattoo Artists Industry?

    This industry includes establishments that provide tattoo services by injecting ink under the skin and permanently altering the coloration of the skin. This industry also includes tattoo-related maintenance, design and modification services, but it does not include laser tattoo-removal services.

    Industry Products
  • Custom-designed tattoos
  • Predesigned tattoos
  • Piercings
  • Industry Activities
  • Designing customized tattoos
  • Providing body piercings
  • Predesigning tattoos
  • Maintaining aftercare tattoo services
  • Administering permanent makeup tattoos
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of adults aged 20 to 64
  • Per capita disposable income
  • Regulation
  • Access to credit

  • Current Performance
    Demographics and demandHigh marginsIndustry structure
  • Chart: Revenue Growth

  • Industry Outlook
    Consumers and incomeIndustry structureNo regrets
  • Table: Tattoo Artists Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tattoo Artists Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Ink Manufacturing
  • Medical Device Manufacturing

  • Products & Services
  • Custom-designed tattoos
  • Predesigned tattoos
  • Piercings
  • Other
  • Chart: Tattoo Artists Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Women aged under 35
  • Individuals aged 35 to 50
  • Men aged under 35
  • Individuals aged 51 to 69
  • Individuals aged 70 and older
  • Chart: Major Market Segmentation for the Tattoo Artists Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Tattoo Artists

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tattoo Artists Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Tattoo Artists Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Tattoo Artists Industry
    Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Consumer Confidence Index (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Autoclave
  • An autoclave is a device that eradicates bacteria and viruses for tattoo equipment.
  • Tattoo Removal
  • The process of removing permanent tattoos, typically using lasers.
  • Ultrasonic Cleaner
  • A cleaning device that vibrates all the particles out of tattoo equipment, thus ensuring safe and clean equipment.
  • What Our Customers Say

    Why buy this report?

    The Tattoo Artists industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Tattoo Artists:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Tattoo Artists market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Tattoo Artists, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear