Electric Scissor Market to Grow by USD 191.26 Mn, Market is Expected to Grow at a Moderate Rate - Technavio

NEW YORK, Oct. 27, 2022 /PRNewswire/ -- The global electric scissor market is fragmented due to the presence of large and small players. The dominance of Chinese players is apparent in the global electric scissor market as China accounts significantly in electric scissors production globally. Vendors compete based on innovation, price, operational cost, product quality, and distribution. A few of the players achieve economies of scale by increasing production and lowering costs. The financial soundness and technological abilities of a few major players will help them to withstand the changing market conditions. However, the market in focus is expected to grow at a moderate rate. Thus, the competition in the global electric scissor market will remain moderate during the forecast period.

The electric scissor market size is expected to grow by USD 191.26 million from 2021 to 2026. However, the growth momentum of the market will decelerate at a CAGR of 7.45% during the forecast period, according to Technavio.

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The electric scissor market report covers the following areas:

• Electric Scissor Market Size
• Electric Scissor Market Trends
• Electric Scissor Market Industry Analysis

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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.

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.

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• Type 
• Cordless Electric Scissors
• Corded Electric Scissors

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. 

• Geography 
• North America
• Europe
• APAC
• South America
• Middle East And Africa

General Tools and Instruments LLC, Hi Spec Products Inc., Joavani, Makita Corp., Pink Power Inc., Positec Tool Corp., Robert Bosch GmbH, Stanley Black and 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. are among some of the major market participants.

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• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist electric scissor market growth during the next five years
• Estimation of the electric scissor market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the electric scissor market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the electric scissor market, vendors

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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

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