Singapore Scissors and Shears Market (2024-2030) | Share, Companies, Industry, Growth, Value, Revenue, Outlook, Size, Trends, Analysis & Forecast

Singapore Scissors and Shears Market Synopsis

The Singapore scissors and shears market is expected to register a CAGR of 5.19% during the forecast period (2020-2026). Scissors are hand-operated, cutting instruments consisting of two blades pivoted at their common end, held together by a rivet or pin. Shears consist of two metal blades that move against each other when operated by handles connected with an axle or screw, enabling them to cut thicker materials than those which can be cut using scissors. The demand for scissors and shears in Singapore has increased due to rising disposable income among households and increasing awareness about personal grooming products among consumers in the country.

Market Drivers

The major factors driving the growth of the Singapore scissors and shears market include growing household incomes leading to an increase in spending on personal care items like hair styling tools, constant innovations from key players operating in this industry such as introduction range of ergonomic models for better grip & ease while cutting, availability of various types/models catering to different consumer needs based on design preference & budget constraints ETC, increased penetration & promotion through online portals resulting in wider reachability thereby boosting sales further along with expansion & opening up more retail outlets across region.

Market challenges

On the flip side certain factors like presence of counterfeit product manufacturers selling substandard products undercutting prices as well as potential health hazards posed due to use/consumption coupled with stringent government regulations could hinder further progress within this sector over next few years.

Key players

Key competitors operating in this space include EZ Tool Pte Ltd., Novogroup International Pte Ltd., Salon Solutions Supplies Pte Ltd., Cosmo Hairdressing Supplies Co., Evercare Beauty Tools Services Pte Ltd., Cutecut Professional and others

Covid-19 Impact

COVID 19 pandemic had wide ranging effects across many industries including beauty care services industry where professional barbers were not allowed operate during lockdown phase thereby denting demand for related products significantly resulting into decline revenues witnessed last year however it seems situation has started improving now gradually since relaxation have been imposed yet its taking time but still far away from pre covid levels.

Key Highlights of the Report:

• Singapore Scissors and Shears Market Outlook
• Market Size of Singapore Scissors and Shears Market, 2023
• Forecast of Singapore Scissors and Shears Market, 2030
• Historical Data and Forecast of Singapore Scissors and Shears Revenues & Volume for the Period 2020-2030
• Singapore Scissors and Shears Market Trend Evolution
• Singapore Scissors and Shears Market Drivers and Challenges
• Singapore Scissors and Shears Price Trends
• Singapore Scissors and Shears Porter's Five Forces
• Singapore Scissors and Shears Industry Life Cycle
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Scissors for the Period 2020-2030
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Shears for the Period 2020-2030
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Residential for the Period 2020-2030
• Historical Data and Forecast of Singapore Scissors and Shears Market Revenues & Volume By Non-Residential for the Period 2020-2030
• Singapore Scissors and Shears Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Singapore Scissors and Shears Top Companies Market Share
• Singapore Scissors and Shears Competitive Benchmarking By Technical and Operational Parameters
• Singapore Scissors and Shears Company Profiles
• Singapore Scissors and Shears Key Strategic Recommendations