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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.
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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.
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.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
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.
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.
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:
The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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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.
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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. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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