Americans spend approximately $4.5 billion annually on tattoos, which includes both tattooing and removal services. This figure reflects a growing trend in body art, with about 32% of Americans having at least one tattoo. The tattoo industry has seen significant growth, driven by cultural acceptance and the popularity of tattoo parlors, which number around 11,600 across the country.
Breakdown of Tattoo Spending
• Tattoo Studios Revenue: Estimated at $3.08 billion.
• Tattoo Removal Services: Generates about $1.86 billion.
• Projected Growth: The tattoo studio revenue is expected to grow at a rate of 7.7% annually through 2030.