Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Blade Market – Insights

Blade is a cutting tool used for various applications such as scraping and peeling debris, cutting uneven surfaces like concrete floors, and carpet cutting, flooring, and film slitting. Additionally, it has applications in packaging, flooring, roofing, crafts and graphic arts. The growth of end-use industries such as food, construction, and grooming are expected to increase demand for blade over the forecast period.

Blade market is expected to witness significant growth over the forecast period attributing to increasing demand for blade from various end-use industries and rising personal hygiene industry. Furthermore, increasing usage of snap-off blades in packaging, flooring, and roofing is expected to provide growth opportunities to market players for expansion.

Increasing use of snap-off blades in manufacturing utility knife and snap-off knife is expected to offer manufacturers growth opportunities in the global blade market. For instance, according to Worldwide Market Report, snap-off knives was valued at US$ 390.8 Mn in 2018 and it is expected to exhibit a CAGR of 4.9% to reach US$ 602.1 Mn by 2027.

The key companies dealing in the market are manufacturing wide range of professional snap-off knives with long lasting and high precision snap-off blades. For instance, in October 2019, Hultafors Tools launched 13 different snap-off knives for professional craftsmen. The snap-off knives are symmetrically designed to adapt left as well as right hand use and are available in three different widths (9mm, 18mm, and 25mm) and different blade sharpness.

However, complete ban on certain knives is expected to hamper growth of the blade market over the forecast market. For instance, it is illegal in the U.K. to use butterfly knives, flick knives, disguised knives, gravity knives, and others. In U.K., Knives Act 1997 forbids sales of combat knives and prohibits knives from being used as an offensive weapon.

Moreover, in India, according to the Arms Act 1959, it is illegal to carry blades, which are longer than 9mm or wider than 2mm. If the person is found possessing illegal blades, it is considered as a public offence and punishable under Indian Penal Code (IPC) and the individual can be asked to implement a peace bond under the Code of Criminal Procedure (CRPC).

The global blade market was valued at US$ 4,611.7 Mn in 2018, and is expected to exhibit a CAGR of 4.7%, in terms of revenue, over the forecast period (2019-2027), to reach US$ 6,973.7 Mn by 2027.

Among region, Asia Pacific accounted for the largest revenue share in the global blade market in 2018. Whereas, Europe accounted for the second largest share in terms of revenue in 2018. Moreover, Europe blade market growth is driven by growing building and construction industry in the region. For instance, according to the Office for National Statistics, the value of new construction work in the U.K. was US$ 146,385.77 million in 2018, and it is expected to grow continuously owing to growing private sector.

Several players in the market are engaged in expanding their global presence to reach more customers and maximize revenues. For instance, in 2013, Super-Max Personal Care, a manufacturer of razor blades, expanded its business in the Europe blade market by launching products in European countries.

Figure 1. Global Blade Market Share (%), By Region, 2018

Blade  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Based on distribution channel, blade market is segmented into home center & hardware, mass retail, e-commerce, and others. Moreover, in 2018, home center & hardware segment accounted for the largest revenue share accounting for 38.5% in the global market. Home center & hardware stores procure products directly from the manufacturer, thereby providing a better margin and discounted offerings to customers.

Growing sales from home center & hardware stores are expected to drive growth of the segment over the forecast period. For instance, according to the North American Retail Hardware Association (NRHA), the estimated hardware sales in North America was valued at US$ 394 Bn in 2018, and is growing at 5.5% Y-o-Y.

Figure 2. Global Blade Market Share (%), By Distribution Channel, 2018

Blade  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Key companies operating in the global blade market 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.

Leading companies are focused on growth strategies such as new product development and launches, and mergers & acquisitions, in order to maintain their position in the competitive business environment. For instance, in 2016, Better Tools LLC launched new range of cushion back cutters 'Gorilla Cutters'. These cutters comprise 20-pack mini carpet blade dispenser filled with round-end carpet blades. The new product helped Better Tools LLC to expand company’s blades portfolio.

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

Detailed Segmentation:

  • Global Blade Market, By Product Type:
    • Utility
    • Serrated
    • Drywall
    • Snap-off
    • Plastic
    • Carpet
    • Scrapper & Stripper
    • Hobby
    • Others
  • Global Blade Market, By Distribution Channel:
    • Home Center & Hardware
    • Mass Retail
    • E-commerce
    • Others
  • Global Blade Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Canada
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Mexico
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Latin America
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Germany
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • France
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Italy
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Spain
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Russia
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Europe
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • India
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Japan
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • ASEAN
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • South Korea
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Australia
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Middle East & Africa
      • Middle East
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Africa
        • By Product Type:
          • Utility
          • Serrated
          • Drywall
          • Snap-off
          • Plastic
          • Carpet
          • Scrapper & Stripper
          • Hobby
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
  • Company Profiles
    • Olfa Corporation*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Stanley Black & Decker, Inc.
    • S. Blade Manufacturing Co. Inc.
    • Irwin Industrial Tools
    • DeWalt
    • Pacific Handy Cutter Inc.
    • Lenox
    • Craftsman
    • Better Tools LLC
    • Warner Manufacturing Company

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • PEST Analysis
      • PORTER’s Analysis
      • Market Trends
      • Key Developments
      • Merger & Acquisition Scenario
      • Overview of the Parent Industry
  4. Global Blade Market, By Product Type, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Utility
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Serrated
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Drywall
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Snap-off
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Plastic
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Carpet
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Scrapper & Stripper
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Hobby
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
  5. Global Blade Market, By Distribution Channel, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Home Center & Hardware
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Mass Retail
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • E-commerce
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn)
  6. Global Blade Market, By Region, 2017 - 2027 (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
    • Middle East & Africa
      • Market Share Analysis, By Sub-region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-region, 2019 - 2027
        • Middle East
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
        • Africa
          • Sub-region Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Mn)
          • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Mn)
  7. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Olfa Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Stanley Black & Decker, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • U.S. Blade Manufacturing Co. Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Irwin Industrial Tools
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • DeWalt
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Pacific Handy Cutter Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Lenox
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Craftsman
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Better Tools LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Warner Manufacturing Company 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 30 market data tables and 24 figures on "Blade Market - Global forecast to 2027”.

Frequently Asked Questions

The global blade market is expected to reach US$ 6,973.7 Mn by 2027.
Major players operating in the global blade market 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.
Complete ban on certain knives is one of the major factors that is expected to hamper growth of the market over the forecast period.
Increasing demand for blade from various end-use industries and growing personal hygiene industry are some of the major factors that are expected to propel growth of the market over the forecast period.
The global blade market is estimated to exhibit a CAGR of 4.7% over the forecast period (2019-2027).
Wmong regions, Asia Pacific accounted for the largest revenue share in the global blade market in 2018.
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