Pipe and Tube Cutters Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Pipe Material and by End Users : Global Opportunity Analysis and Industry Forecast, 2023-2032

Pipe and tube cutters are used for cutting the pipes and tubes according to requirement. It provides better accuracy and finishing as compared to hacksaw. Manual and automatic pipes and tube cutters are available in the market. Manual pipe and tube cutters are usually used by small scale industries, local service providers, and workers. These are less costly than automatic cutters, and require skilled labor. Automatic pipe and tube cutter is used in large industries where cutting of large size pipes is needed. Automatic cutters are computer controlled machines, which require very less or no manual work effort. Commercial industry and manufacturing industry are the major end users of automatic pipe cutters. Automatic pipe and tube cutters are dominating the market due to ease in handling and low operational cost.. 

COVID-19 Impact analysis

• COVID-19 pandemic has shut down the production of various products in the pipe and tube cutters industry attributed to the lockdown in countries worldwide. This has hampered the growth of pipe and a tube cutter market in 2020 and, is likely to revive in 2021.
• COVID-19 has already affected the sales of pipe and tube cutters in the second and third quarter of 2020 and, is reviving in 2021.
• The major demand for pipe and tube cutters was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, UK, and India, which are negatively affected by the spread of the corona virus, thereby declining the demand for pipe and tube cutters.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Pipe and tube cutters manufacturers can afford a full lockdown only for a few months, after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID-19 health crisis
• Pipe and tube cutters manufacturers are expected to focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19. For instance, provision of sanitizers, maintaining social distancing, as well as ensuring the vaccination of every employee in the company can assist in promoting the health & safety of the workforce.

Top Impacting Factors

Rise in construction and manufacturing industry fosters the growth of the pipe and tube cutter market. In addition, residential projects such as renovation, interior and exterior designing are also driving the market growth. Construction of green buildings is anticipated to foster the market growth. Customers prefer manual cutters due to high cost of automated cutters,. Hacksaws are still being used as they are cost effective; this is expected to hinder the growth of the market.

Market Trends

• Technical advancement is one of the key factors driving the markets such as laser pipe and tube cutters.
• Laser pipe and tube cutter can cut any type of material which boosts its demand in the market.
• In July 2019, BYSTRONIC launched a new model of laser pipe and tube cutter known as By Tube which is available in 2KW and 3KW segment.
• Asia-Pacific and North America are dominating the market growth due to rapid construction and industrialization. India and China exhibit highest demand from the Asia-Pacific region.

Key Benefits of the Report

• This study presents the analytical depiction of the pipe and tube cutting market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the pipe and tube cutting market share.
• The current market is quantitatively analyzed to highlight the pipe and tube cuttingmarket growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed pipe and tube cuttingmarket analysis based on competitive intensity and how the competition will take shape in coming years.

  Pipe and Tube Cutters Market Report Highlights

Aspects	Details
By Type	Manual Automatic
By Pipe Material	Plastic Metal
By End Users	Commercial Industry Residential Sector Manufacturing Industry
By Region	North America  (U.S., Canada, Mexico) Europe  (France, Germany, Italy, Spain, UK, Rest of Europe) Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) LAMEA  (Brazil, Argentina, GGC, South Africa, Rest of LAMEA)
Key Market Players	BYSTRONIC, Klein Tools, Husky, The Eraser Company, Imperial, RIDGID, Milwaukee, MISUMI India, Apollo, The Plumber’s Choice, JSC