Personal Electronic Die Cutting is a process of cutting materials into a variety of shapes and sizes using a digital die cutting machine. These machines range from desktop-sized models to large-format devices that can handle any range of materials, from cardstock to felt to foam core. They are especially commonly used by hobbyists, crafters, and small businesses due to their versatility and relatively low cost.
The growing popularity of paper crafts, scrapbooking, and gift-making along with the technological advancements in digital die cutting machines is expected to further boost the growth of the market. Moreover, the availability of digital die cutting solutions for smaller businesses as well as hobbyists is expected to create tremendous growth opportunities for the market. The increasing demand from end-use applications such as apparel and home decor is expected to further expand the global market for digital die cutting.
The global Personal Electronic Die Cutting market was valued at US$ 807.8 million in 2022 and is anticipated to reach US$ 1095.9 million by 2029, witnessing a CAGR of 4.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Personal Electronic Die Cutting Market available at: https://www.themarketreports.com/report/global-personal-electronic-die-cutting-market-research-report
This report aims to provide a comprehensive presentation of the global market for Personal Electronic Die Cutting, 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 Electronic Die Cutting.
Currently, there are plenty of producing companies in the world. The Global market main players are Cricut, Brother, Silhouette, Sizzix, Crafter’s Companion, Silver Bullet,Pazzles, Craftwell, KNK, Shenzhen Yitu mechanical and Electrical and Hefei Kele Digital Control Equipment, etc, with about 87% market shares.
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