Tattoo Numbing Cream Market Expected to Reach $2 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Tattoo Numbing Cream Market," The tattoo numbing cream market size was valued at $678.40 million in 2021, and is estimated to reach $2 billion by 2031, growing at a CAGR of 11.6% from 2022 to 2031.

The tattoo numbing cream industry is mostly driven by the rise in trend regarding tattoos among the young generation across the globe. Millions of young folks are drawn to tattooing. In western society, tattooing has become common. The main consumer demographics in this industry is millennials and Generation Z. Therefore, the tattoo numbing cream market demand is expected to grow with the rise in demand for tattoos among young people. In addition, improvements in tattooing methods have aided in the expansion of the business. New tattoo numbing cream market opportunity are anticipated to be opened up by improvements in tattoo technology that cater to various client needs. 

The tattoo numbing cream market shows high growth potential in Asia-Pacific and LAMEA. One of the key factor contributing to the growth of the Asia-Pacific market is the rise in trend of body art among young people. Another factor that drives the demand for tattoos and, in turn, for tattoo numbing cream is the expansion of body art training facilities around the country.  

On the other side, the rise in prevalence of skin reactions and allergies due to tattoo piercing treatments negatively influences the demand for services globally. The tattooing process is known to cause inflammatory tumors or keloids among customers due to repetitive ink injecting procedures. Such factors are restraining the tattoo numbing cream market growth.   

The tattoo numbing cream market size is segmented on the basis of application, end use, distribution channel, and region. By application, the market is classified into tattooing and tattoo removal. By end use, the market is bifurcated into men and women. Bydistribution channel, the market is classified into online and offline. Region wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (Russia, Spain, Italy, France, Germany, UK, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Chile, and Rest of Lamea).    

On the basis of application, the tattoo numbing cream market forecast is classified into tattooing and tattoo removal. The tattooing segment accounted for a major tattoo numbing cream market share in 2021 and is expected to grow at a significant CAGR during the forecast period. The increase in demand for getting a tattoo surges the demand for tattoo numbing cream. The inclination of youth toward tattooing is a key factor driving the growth of the segment. 

On the basis of end use, the tattoo numbing cream market analysis is bifurcated into men and women. The women segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. During the projected period, the women's segment is anticipated to dominate the market. Women are more likely to focus on their appearance and personal grooming, and they favor using high-end tattooing services. This has led to a rise in female consumers' demand for cosmetic patterns. 

On the basis of distribution channel, the market is classified into online and offline. The offline segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. Manufacturers continually strive to increase the visibility of their products on store shelves; as a result, they concentrate mostly on offline sales. As a result, tattoo numbing cream and other skin care products are available offline in greater numbers. 

Furthermore, the offline segment is classified into specialty store, independent store, and others. The specialty store segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. Wider variety of cosmetic products such as tattoo numbing cream are available in specialty stores. Moreover, specialty stores provide options such as discounts as well as benefit of immediate gratification, which results in growth of the tattoo numbing cream market. 

In 2021, North America accounted for 34.2% share in the global tattoo numbing cream market and is expected to maintain its dominance during the forecast period. However, LAMEA and Asia-Pacific are expected to possess the highest CAGRs, owing to the rise in tattoo numbing cream market trends and focus on research and development (R&D) initiatives by market players.    

The strict lockdown and widespread store closings in the first half of 2020 also significantly changed consumer purchasing patterns throughout the beauty and personal care sectors due to the Covid-19 pandemic. Due to the closure of retail locations, manufacturers were able to quickly move to online channels, which allowed them to grow. Businesses in the cosmetics industry are optimizing their supply chains to boost online sales during the outbreak. On the other hand, the opening of physical storefronts would result in a rise in product sales soon.   

The major players analyzed for the global tattoo numbing cream industry is Centura Pharmaceuticals, Zensaskincare, Hera Beauty, TATTOONUMBX, Numbing Cream Co., Tattoo Numbing Cream Co., PAINLESS Topical Anaesthetic Cream, Emla Cream, Toochi Tattoo, Dr. Numb, and Bulletproof industries NZ.

KEY FINDINGS OF THE STUDY  

• By application, the tattooing segment was the highest revenue contributor to the market with $437.6 million in 2021 and is estimated to reach $1,269.2 million by 2031, with a CAGR of 11.3%.  

• By end use, the women segment was the highest revenue contributor to the market, with $348.2 million in 2021, and is estimated to reach $1,013.3 million by 2031, with a CAGR of 11.4%.  

• By distribution channel, the offline segment was the highest revenue contributor to the market, with $352.9 million in 2021, and is estimated to reach $1024 million by 2031, with a CAGR of 11.3% 

• Region wise, North America was the highest revenue contributor, accounting for $232 million in 2021, and is estimated to reach $667.7 million by 2031, with a CAGR of 11.2%.