According to our (Global Info Research) latest study, the global Personal Electric Cutting Machine market size was valued at US$ 1124 million in 2024 and is forecast to a readjusted size of USD 2344 million by 2031 with a CAGR of 10.8% during review period.
Personal Electric Cutting Machines are used for engraving, embossing, and even for cutting paper, card, fabric, and thin metal. It was powered by electricity and are controlled by computer software or cartridges. Personal Electric Cutting Machines do not require steel dies because they have a blade inside the machine that cuts the paper or other materials. You can select the shape you want to create via a software program on your computer, phone, tablet, or a specialized cartridge for the machine.
Cricut is one of the biggest global key manufacturers of personal electric cutting machine, holds a share of over 60%, other key manufacturers include Brother, Silhouette America, etc. North America is the largest market, occupied for over 70 percent, followed by Europe. In terms of type, without LCD display is the largest segment, with a share of about 80%, and in terms of application, the home use segment holds a share of about 50 percent.
Personal Electric Die-Cutting Machine Market Dynamics:
1. Rise of Handicraft Hobbies and DIY Culture: With the growth of personalized and customized demands, interest groups engaged in handicrafts, paper art, journaling, etc., have rapidly expanded. This has fueled a strong demand for precise and convenient personal electric die-cutting machines, propelling market development.2. Technological Advancements and Product Innovations: The application of high-precision sensors, intelligent control systems, and lightweight designs has significantly improved the ease of operation, cutting precision, and multi-functionality of personal electric die-cutters, attracting more consumers.3. Promotion via E-commerce Platforms: The emergence of e-commerce platforms has provided broader sales channels for personal electric die-cutting machines, facilitating consumer comparisons, purchases, and reviews. This has accelerated the increase in market penetration rates.
Market Trends:
1. Integration and Intelligence: In the future, personal electric die-cutting machines will trend towards integrated designs, combining functions such as scanning, printing, and engraving, while also equipped with smart software to enable cloud-based design, automatic layout, and remote control, enhancing user experience.2. Eco-friendly Materials and Sustainability: As environmental consciousness grows, the use of recyclable materials in manufacturing personal electric die-cutting machines and features that promote material recycling will emerge as new market trends.3. Miniaturization and Portability: To meet the needs of home users and mobile workers, compact, lightweight personal electric die-cutting machines with robust battery life will gain greater popularity, thanks to their convenience for carrying and storage.
Restrictions:
1. Cost and Price Sensitivity: Despite technological progress, the initial investment for high-performance personal electric die-cutting machines remains relatively high, making price a decisive factor for potential customers.2. Insufficient Market Awareness: In some regions, inadequate market education and promotion have led to a limited understanding among consumers of the functions and advantages of personal electric die-cutting machines, constraining market demand.3. Technical Standards and Safety Issues: The lack of unified technical standards can result in compatibility issues among products, while the safety of personal electric tools is a prime concern for consumers. Accidents and non-compliant products may undermine the industry's reputation.
In summary, while the personal electric die-cutting machine market benefits from the rise of DIY culture and technological advancements, it confronts challenges such as price sensitivity, low market awareness, and standardization and safety concerns. Moving forward, innovation in products, intelligence, environmental sustainability, and enhancing user convenience will be pivotal directions for development.
This report is a detailed and comprehensive analysis for global Personal Electric Cutting Machine market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Personal Electric Cutting Machine market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Personal Electric Cutting Machine market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Personal Electric Cutting Machine market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Personal Electric Cutting Machine market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Personal Electric Cutting Machine
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Personal Electric Cutting Machine market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cricut, Brother, Silhouette America, Sizzix, Crafter's Companion, Pazzles, Silver Bullet Cutters, Craftwell, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Personal Electric Cutting Machine market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
With LCD Display
Without LCD Display
Market segment by Application
Home Use
School Use
Others
Major players covered
Cricut
Brother
Silhouette America
Sizzix
Crafter's Companion
Pazzles
Silver Bullet Cutters
Craftwell
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Personal Electric Cutting Machine product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Personal Electric Cutting Machine, with price, sales quantity, revenue, and global market share of Personal Electric Cutting Machine from 2020 to 2025.
Chapter 3, the Personal Electric Cutting Machine competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Personal Electric Cutting Machine breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Personal Electric Cutting Machine market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Personal Electric Cutting Machine.
Chapter 14 and 15, to describe Personal Electric Cutting Machine sales channel, distributors, customers, research findings and conclusion.
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