Scissors and Tailor Shears Market

The market for scissors and tailor shears is expected to continue growing with an anticipated CAGR of +0.1% in consumption volume and +2.0% in market value from 2022 to 2030. China, the United States, and India are the top consumers, while China also dominates production and exports. The United States leads in imports, with Germany and the Netherlands as significant exporters. Prices have fluctuated over the years, with notable growth trends in certain countries. Overall, the market shows resilience and potential for future growth.

Market Forecast

Driven by increasing demand for scissors and tailor shears worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.1% for the period from 2022 to 2030, which is projected to bring the market volume to 1.2B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.0% for the period from 2022 to 2030, which is projected to bring the market value to $1.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Scissors and Tailor Shears

In 2022, consumption of scissors and tailor shears increased by 1.7% to 1.2B units, rising for the second consecutive year after six years of decline. Overall, consumption saw a relatively flat trend pattern. Global consumption peaked at 1.3B units in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

The global scissors and tailor shears market revenue expanded slightly to $1.6B in 2022, with an increase of 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs at $1.6B in 2018; afterwards, it flattened through to 2022.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (242M units), the United States (185M units) and India (112M units), together accounting for 45% of global consumption. Pakistan, Brazil, Vietnam, Indonesia, Japan, Germany, South Korea, Thailand and France lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +7.2%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest scissors and tailor shears markets worldwide were the United States ($248M), Pakistan ($219M) and China ($211M), with a combined 42% share of the global market. Brazil, India, Japan, Vietnam, Germany, France, South Korea, Indonesia and Thailand lagged somewhat behind, together comprising a further 27%.

Among the main consuming countries, India, with a CAGR of +7.2%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of scissors and tailor shears per capita consumption in 2022 were the United States (552 units per 1000 persons), South Korea (411 units per 1000 persons) and Vietnam (356 units per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Indonesia (with a CAGR of +6.0%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Scissors and Tailor Shears

In 2022, production of scissors and tailor shears increased by 1.3% to 1.2B units, rising for the second year in a row after three years of decline. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.6%. Over the period under review, global production reached the peak volume at 1.3B units in 2014; however, from 2015 to 2022, production failed to regain momentum.

In value terms, scissors and tailor shears production declined slightly to $1.5B in 2022 estimated in export price. In general, production, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2016 with an increase of 9.6% against the previous year. As a result, production attained the peak level of $2.4B. From 2017 to 2022, global production growth failed to regain momentum.

Production By Country

The country with the largest volume of scissors and tailor shears production was China (1B units), accounting for 83% of total volume. Moreover, scissors and tailor shears production in China exceeded the figures recorded by the second-largest producer, India (61M units), more than tenfold. The third position in this ranking was taken by Pakistan (48M units), with a 3.9% share.

In China, scissors and tailor shears production remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (-1.9% per year) and Pakistan (+4.7% per year).

Imports

World Imports of Scissors and Tailor Shears

In 2022, the amount of scissors and tailor shears imported worldwide expanded significantly to 848M units, surging by 5.1% against the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, scissors and tailor shears imports rose modestly to $900M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports By Country

The United States was the largest importing country with an import of about 190M units, which accounted for 22% of total imports. It was distantly followed by India (51M units), mixing up a 6.1% share of total imports. Vietnam (37M units), Indonesia (35M units), Japan (33M units), Germany (32M units), South Korea (23M units), the Netherlands (23M units), Brazil (23M units), France (22M units), Thailand (20M units), Italy (16M units) and Russia (16M units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to scissors and tailor shears imports into the United States stood at +12.9%. At the same time, India (+26.1%), the Netherlands (+8.9%), Indonesia (+7.2%), South Korea (+4.6%), Thailand (+4.5%), Vietnam (+4.1%), Italy (+3.7%), France (+3.4%), Brazil (+1.7%), Japan (+1.7%) and Germany (+1.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +26.1% from 2012-2022. Russia experienced a relatively flat trend pattern. From 2012 to 2022, the share of the United States and India increased by +13 and +5.2 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($189M) constitutes the largest market for imported scissors and tailor shears worldwide, comprising 21% of global imports. The second position in the ranking was taken by Germany ($61M), with a 6.8% share of global imports. It was followed by Japan, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +5.2%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+2.7% per year) and Japan (+3.2% per year).

Import Prices By Country

In 2022, the average scissors and tailor shears import price amounted to $1.1 per unit, flattening at the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. As a result, import price attained the peak level of $1.2 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($1.9 per unit), while India ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.3%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Scissors and Tailor Shears

In 2022, shipments abroad of scissors and tailor shears increased by 4.4% to 884M units, rising for the sixth consecutive year after two years of decline. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 19%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, scissors and tailor shears exports rose to $1.1B in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.3% against 2016 indices. The growth pace was the most rapid in 2021 when exports increased by 20% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports By Country

China prevails in exports structure, accounting for 785M units, which was near 89% of total exports in 2022. The following exporters - the Netherlands (18M units) and Germany (15M units) - each reached a 3.7% share of total exports.

Exports from China increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, the Netherlands (+12.5%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.5% from 2012-2022. Germany experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($810M) remains the largest scissors and tailor shears supplier worldwide, comprising 72% of global exports. The second position in the ranking was taken by Germany ($61M), with a 5.4% share of global exports.

In China, scissors and tailor shears exports expanded at an average annual rate of +6.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+0.1% per year) and the Netherlands (+9.1% per year).

Export Prices By Country

In 2022, the average scissors and tailor shears export price amounted to $1.3 per unit, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2014 when the average export price increased by 17% against the previous year. The global export price peaked at $1.3 per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($4.1 per unit), while China ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform