Electric Scissor Market by Type and Geography - Forecast and Analysis 2022-2026

Published: Oct 2022 Pages: 118 SKU: IRTNTR74567

The electric scissor market share is expected to increase by USD 191.26 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.45%.

This electric scissor market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the electric scissor market segmentation by type (cordless electric scissors and corded electric scissors) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The electric scissor market report also offers information on several market vendors, including General Tools & Instruments LLC, Hi Spec Products Inc., Joavani, Makita Corp., Pink Power Inc., Positec Tool Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Xiamen WBT Electric Industrial Trade Co. Ltd., Zhejiang Boma Electromechanical Science And Technology Co. Ltd., and Zhejiang Feihu New Energy Technology Co. Ltd. among others.

What will the Electric Scissor Market Size be During the Forecast Period?

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Electric Scissor Market: Key Drivers, Trends, and Challenges

The increasing use in the textile industry is notably driving the electric scissor market growth, although factors such as disadvantages associated with electric scissors in sewing applications may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the electric scissor market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Electric Scissor Market Driver

The increasing use in the textile industry is one of the key factors driving the global electric scissor market growth. Electric scissors are increasingly used in the textile industry due to increased productivity as they have the ability to cut more cloth or fabric in less time. The most crucial stage of garment production is fabric cutting. It differs greatly from general cutting. Accurate fabric cutting is crucial to the garment's quality. Additionally, precise fabric cutting is necessary to reduce the volume of fabric waste. Electric scissors cut fabric in a more efficient way and provide more accuracy in cutting. To increase production in the textile industry, it is necessary to do fabric cutting at a faster pace to increase overall process efficiency in the textile industry, which, in turn, will increase the demand for electric scissors during the forecast period. Electric scissors help to speed up fabric cutting without much wastage of fabric. Thus, the demand for electric scissors in the textile industry will increase, which will boost the growth of the global electric scissor market during the forecast period.

Key Electric Scissor Market Trend

The advent of portable electric scissors will fuel the global electric scissor market growth. The advent of portable electric scissors will drive the growth of the global electric scissor market during the forecast period. As the name implies, these types of scissors can be easily carried from one place to another. Portable electric scissors are used without being plugged into a power source. After a full charge, such scissors are carried easily anywhere in the home, warehouse, workshop, and other places. As they can be easily carried from one place to another, portable electric scissors make sewing work more comfortable for the user. Such scissors are quickly charged and can provide up to 1-3 hours of continuous power for crafting, sewing, leatherwork, and so on. Major vendors in the global electric scissor market are constantly focusing on the development of portable electric scissors. Such factors will drive the growth of the global electric scissor market during the forecast period.

Key Electric Scissor Market Challenge

The disadvantages associated with electric scissors in sewing applications are the major challenge to the global electric scissor market growth. There are disadvantages associated with electric scissors for sewing. Compared to their conventional counterparts, electric scissors are bulkier, and some of them are difficult to lift. As electric scissors cut with far less effort than manual scissors or rotary cutters, they require practice to use them correctly. Electric scissors are not suitable for people who cannot handle power equipment safely. Cutting must be done carefully, and finger protectors must be worn. Some of the drawbacks associated with the use of electric scissors include power cords that can pose a tripping hazard, the possibility of electric shock if they are used near water, limited uptime due to battery life (for battery-operated electric scissors), and lower run-down revolution per minute (RPM). Such challenges associated with the use of electric scissors will impede the growth of the global electric scissor market during the forecast period.

This electric scissor market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global electric scissor market as a part of the global consumer electronics market within the global household durables market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the electric scissor market during the forecast period.

Who are the Major Electric Scissor Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • General Tools & Instruments LLC
  • Hi Spec Products Inc.
  • Joavani
  • Makita Corp.
  • Pink Power Inc.
  • Positec Tool Corp.
  • Robert Bosch GmbH
  • Stanley Black & Decker Inc.
  • Xiamen WBT Electric Industrial Trade Co. Ltd.
  • Zhejiang Boma Electromechanical Science And Technology Co. Ltd.
  • Zhejiang Feihu New Energy Technology Co. Ltd.

 

This statistical study of the electric scissor market encompasses successful business strategies deployed by the key vendors. The electric scissor market is concentrated, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • bomacn.com - The company offers electric scissors namely the BOMA cordless electric fabric scissors.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The electric scissor market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Electric Scissor Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the electric scissor market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The value chain of the global household durables market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Electric Scissor Market?

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29% of the market’s growth will originate from North America during the forecast period. The US is the key market for electric scissor market in North America. Market growth in this region will be slower than the growth of the market in other regions.

Increasing use in the textile industry will facilitate the electric scissor market's growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 negatively impacted the growth of the electric scissor market in North America. Countries such as the US and Canada were largely affected by the pandemic. The pandemic affected the supply chain of the regional electric scissor market, particularly in the US. A rise in the number of COVID-19 cases disrupted the usual market demand in several countries, such as the US, Canada, and Mexico. Moreover, the closure of physical stores further hampered the sales of electric scissors in North America. But the sales of electric scissors through online channels increased since the outbreak of the pandemic. However, the removal of lockdown restrictions due to the initiation of large-scale vaccination drives and the restoration of supply chain operations of electric scissors revived the growth of the regional electric scissor market in 2021. Furthermore, the increasing adoption of online distribution channels and the launch of innovative electric scissors will drive the growth of the electric scissor market in North America during the forecast period.

What are the Revenue-generating Type Segments in the Electric Scissor Market?

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The electric scissor market share growth in the cordless electric scissors segment will be significant during the forecast period. Cordless electric scissors are used without being plugged into a power source. Such scissors are quickly charged and provide up to 1-3 hours of continuous power for crafting, sewing, leatherwork, and so on. Cordless electric scissors have a built-in rechargeable lithium-ion battery, which needs charging. After a full charge, such scissors can be carried easily anywhere in the home, warehouse, workshop, and other places. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the electric scissor market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Electric Scissor Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.45%

Market growth 2022-2026

$191.26 million

Market structure

Concentrated

YoY growth (%)

8.65

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 29%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

General Tools & Instruments LLC, Hi Spec Products Inc., Joavani, Makita Corp., Pink Power Inc., Positec Tool Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Xiamen WBT Electric Industrial Trade Co. Ltd., Zhejiang Boma Electromechanical Science And Technology Co. Ltd., and Zhejiang Feihu New Energy Technology Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Electric Scissor Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive electric scissor market growth during the next five years
  • Precise estimation of the electric scissor market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric scissor industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric scissor market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Cordless electric scissors - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Cordless electric scissors - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Cordless electric scissors - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Cordless electric scissors - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Cordless electric scissors - Year-over-year growth 2021-2026 (%)
    • 5.4 Corded electric scissors - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Corded electric scissors - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Corded electric scissors - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Corded electric scissors - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Corded electric scissors - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 36: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 General Tools and Instruments LLC
              • Exhibit 89: General Tools and Instruments LLC - Overview
              • Exhibit 90: General Tools and Instruments LLC - Product / Service
              • Exhibit 91: General Tools and Instruments LLC - Key offerings
            • 10.4 Hi Spec Products Inc.
              • Exhibit 92: Hi Spec Products Inc. - Overview
              • Exhibit 93: Hi Spec Products Inc. - Product / Service
              • Exhibit 94: Hi Spec Products Inc. - Key offerings
            • 10.5 Makita Corp.
              • Exhibit 95: Makita Corp. - Overview
              • Exhibit 96: Makita Corp. - Business segments
              • Exhibit 97: Makita Corp. - Key offerings
              • Exhibit 98: Makita Corp. - Segment focus
            • 10.6 Pink Power Inc.
              • Exhibit 99: Pink Power Inc. - Overview
              • Exhibit 100: Pink Power Inc. - Product / Service
              • Exhibit 101: Pink Power Inc. - Key offerings
            • 10.7 Positec Tool Corp.
              • Exhibit 102: Positec Tool Corp. - Overview
              • Exhibit 103: Positec Tool Corp. - Product / Service
              • Exhibit 104: Positec Tool Corp. - Key offerings
            • 10.8 Robert Bosch GmbH
              • Exhibit 105: Robert Bosch GmbH - Overview
              • Exhibit 106: Robert Bosch GmbH - Business segments
              • Exhibit 107: Robert Bosch GmbH - Key news
              • Exhibit 108: Robert Bosch GmbH - Key offerings
              • Exhibit 109: Robert Bosch GmbH - Segment focus
            • 10.9 Stanley Black and Decker Inc.
              • Exhibit 110: Stanley Black and Decker Inc. - Overview
              • Exhibit 111: Stanley Black and Decker Inc. - Business segments
              • Exhibit 112: Stanley Black and Decker Inc. - Key news
              • Exhibit 113: Stanley Black and Decker Inc. - Key offerings
              • Exhibit 114: Stanley Black and Decker Inc. - Segment focus
            • 10.10 Xiamen WBT Electric Industrial Trade Co. Ltd.
              • Exhibit 115: Xiamen WBT Electric Industrial Trade Co. Ltd. - Overview
              • Exhibit 116: Xiamen WBT Electric Industrial Trade Co. Ltd. - Product / Service
              • Exhibit 117: Xiamen WBT Electric Industrial Trade Co. Ltd. - Key offerings
            • 10.11 Zhejiang Boma Electromechanical Science And Technology Co. Ltd.
              • Exhibit 118: Zhejiang Boma Electromechanical Science And Technology Co. Ltd. - Overview
              • Exhibit 119: Zhejiang Boma Electromechanical Science And Technology Co. Ltd. - Product / Service
              • Exhibit 120: Zhejiang Boma Electromechanical Science And Technology Co. Ltd. - Key offerings
            • 10.12 Zhejiang Feihu New Energy Technology Co. Ltd.
              • Exhibit 121: Zhejiang Feihu New Energy Technology Co. Ltd. - Overview
              • Exhibit 122: Zhejiang Feihu New Energy Technology Co. Ltd. - Product / Service
              • Exhibit 123: Zhejiang Feihu New Energy Technology Co. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 124: Inclusions checklist
                • Exhibit 125: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 126: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 127: Research methodology
                • Exhibit 128: Validation techniques employed for market sizing
                • Exhibit 129: Information sources
              • 11.5 List of abbreviations
                • Exhibit 130: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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