World Tattoo Removal Market to Grow at 15.6% CAGR through 2023, Forecasts MRFR in Its In-Demand Research Study Available at MarketPublishers.com22 Jan 2018 • by Natalie Aster
LONDON – The world’s tattoo removal market is predicted to exceed USD 4.79 billion in value terms by the year 2023, exhibiting remarkable growth at a 15.6% CAGR in the coming years.
Basing on the therapeutic method, the laser therapy sector holds the biggest share of the overall tattoo removal market. In 2016, the value of this sector was estimated at around USD 970.8 million and is forecast to rise at a high CAGR of 15.9% up till 2023 to cross USD 3.24 billion. Surgical method accounts for the second-biggest share; this sector is poised to rise at a 15.6% CAGR in the short run.
Regionally, North America takes lead in the world’s tattoo removal market. The North American tattoo removal market is forecast to grow from the value of USD 382.3 million in 2016 to go beyond USD 1.31 billion by late 2023, registering an exponential CAGR of 16.3%.
The in-demand research study “Global Tattoo Remova Market Analysis & Forecast 2017 To 2023” drawn up by Market Research Future (MRFR) gives a professional analysis of the world’s tattoo removal market with trustworthy data on the market structure, landscape, dynamics, major growth influencing forces, etc. Besides, this publication contains a detailed overview of the major market segments with valuable data on their shares, size, value and growth rates; discusses the currently prevailing and future possible trends, points out the emerging growth challenges and opportunities. Moreover, a detailed analysis of the competitive environment and comprehensive profiles of the top players are at hand in this report. This study highlights the market scenario across different geographical markets, uncovers historical market data, describes the current market state and also gives future forecasts up to 2023.
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