Personal Electric Cutting Machine Market

The global Personal Electric Cutting Machine market was valued at US$ 837.9 million in 2022 and is projected to reach US$ 1700.8 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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.

Personal Electric Cutting Machine Market aims to provide a comprehensive presentation of the global market for Personal Electric Cutting Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Personal Electric Cutting Machine. Personal Electric Cutting Machine Market contains market size and forecasts of Personal Electric Cutting Machine in global, including the following market information:

• Global Personal Electric Cutting Machine Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Personal Electric Cutting Machine Market Sales, 2018-2023, 2024-2029, (K Units)
• Global top five Personal Electric Cutting Machine companies in 2022 (%)

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.

We surveyed the Personal Electric Cutting Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Personal Electric Cutting Machine Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Personal Electric Cutting Machine Market Segment Percentages, by Type, 2022 (%)

• With LCD Display
• Without LCD Display

Global Personal Electric Cutting Machine Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Personal Electric Cutting Machine Market Segment Percentages, by Application, 2022 (%)

• Home Use
• School Use
• Others

Global Personal Electric Cutting Machine Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Personal Electric Cutting Machine Market Segment Percentages, By Region and Country, 2022 (%)

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
• The Middle East and Africa (Middle East, Africa)
• South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Personal Electric Cutting Machine revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Personal Electric Cutting Machine revenues share in global market, 2022 (%)
• Key companies Personal Electric Cutting Machine sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Personal Electric Cutting Machine sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Cricut
• Brother
• Silhouette America
• Sizzix
• Crafter?s Companion
• Pazzles
• Silver Bullet Cutters
• Craftwell

Outline of Major Chapters:

Chapter 1: Introduces the definition of Personal Electric Cutting Machine, market overview.

Chapter 2: Global Personal Electric Cutting Machine market size in revenue and volume.

Chapter 3: Detailed analysis of Personal Electric Cutting Machine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Personal Electric Cutting Machine in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Personal Electric Cutting Machine capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.