Blade is a tool, which has application in various end-use industries such as construction, food, textile, and others. Major applications of blades include construction, food, and grooming industry. For instance, single edge blades are commonly used for shaving. Therefore, growth of grooming industry is expected to boost demand for blade, which in turn is expected to drive market growth over the forecast period.

Market Dynamics

Based on distribution channel, home center & hardware segment accounted for largest revenue share of 38.5% in terms of value in 2018, and is expected to witness significant growth over the forecast period (2019 to 2027), followed by mass retail and e-commerce segments. Whereas, e-commerce channel is expected to record fastest growth over the forecast period. The steady growth of the e-commerce segment is majorly attributed to the rising penetration of low cost smartphones, rapid advancements in internet services, and online retailing. Internet accessibility is increasing across the world. For instance, according to the data provided by the Internet World Stats, total number of internet users globally has increased from 3,079 million in 2014 to 4,157 million in 2017.

Among regions, in 2018, Asia Pacific held dominant position in the global blade market and accounted for a market share of 34.2%, in terms of revenue, owing to increasing demand for blades in male grooming industry in the region. Furthermore, expansion of end-use industries such as construction industry and grooming industry in the region is expected to drive demand for blade and is further expected to drive growth of the Asia Pacific blade market over the forecast period.

Key features of the study

• This report provides in-depth analysis of global blade market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
• It profiles key players in the global blade market based on the following parameters – company overview, financial Performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include, Olfa Corporation, Stanley Black & Decker, Inc., U.S. Blade Manufacturing Co. Inc., Irwin Industrial Tools, DeWalt, Pacific Handy Cutter Inc., Lenox, Craftsman, Better Tools LLC, and Warner Manufacturing Company
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up gradation, market expansion, and marketing tactics
• The global blade market report caters to various stakeholders in this industry including investors, suppliers, producers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global blade market

Blade Market Segmentation

• By Procedure Type
  • Utility
  • Serrated
  • Drywall
  • Snap-off
  • Plastic
  • Carpet
  • Scrapper & Stripper
  • Hobby
  • Others
• By Distribution Channel
  • Home Center & Hardware
  • Mass Retail
  • E-commerce
  • Others
• Global Blade Market, By Region
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • Central Africa
    • North Africa