Global Personal Electric Cutting Machine Market Growth 2023-2029

Global Personal Electric Cutting Machine Market Growth 2023-2029

Personal 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.

LPI (LP Information)' newest research report, the “Personal Electric Cutting Machine Industry Forecast” looks at past sales and reviews total world Personal Electric Cutting Machine sales in 2022, providing a comprehensive analysis by region and market sector of projected Personal Electric Cutting Machine sales for 2023 through 2029. With Personal Electric Cutting Machine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Personal Electric Cutting Machine industry.

This Insight Report provides a comprehensive analysis of the global Personal Electric Cutting Machine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Personal Electric Cutting Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Personal Electric Cutting Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Personal Electric Cutting Machine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Personal Electric Cutting Machine.

The global Personal Electric Cutting Machine market size is projected to grow from US$ 796.7 million in 2022 to US$ 1710.7 million in 2029; it is expected to grow at a CAGR of 1710.7 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Personal Electric Cutting Machine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
With LCD Display
Without LCD Display

Segmentation by application
Home Use
School Use
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cricut
Brother
Silhouette America
Sizzix
Crafter’s Companion
Pazzles
Silver Bullet Cutters
Craftwell

Key Questions Addressed in this Report

What is the 10-year outlook for the global Personal Electric Cutting Machine market?

What factors are driving Personal Electric Cutting Machine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Personal Electric Cutting Machine market opportunities vary by end market size?

How does Personal Electric Cutting Machine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.