Knife Market is estimated to be valued at USD 2.61 Bn in 2025 and is expected to reach USD 3.55 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.
Strong demand across outdoor, tactical, culinary, and everyday carry segments drives the knife market growth. Consumers increasingly adopt specialized knives due to their growing interest in outdoor activities, survival preparedness, and cooking. Manufacturers continue to attract both enthusiasts and professionals by innovating blade materials, improving ergonomic designs, and adding multifunctional features. E-commerce platforms expand knife accessibility, while an active collector community supports the growth of premium and custom knife segments.
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From November 2023 to October 2024, India exported 9,861 knife shipments, showing an 8% decline year-over-year. These exports involved 1,006 Indian exporters and 1,924 buyers, with the U.S., U.K., and UAE as the top destinations. In October 2024 alone, India shipped 743 knives—unchanged from October 2023.
Globally, China is the leading knife exporter with 300,622 shipments, followed by Vietnam (102,037) and India (80,641).
For kitchen knives, India exported 1,548 shipments from October 2023 to September 2024 via 228 exporters to 372 buyers. In September 2024, India exported 120 shipments—flat year-over-year but up 21% from August. China, India, and Brazil are the main suppliers, while Vietnam, India, and Peru are the top importers.
Folding Knife acquired the most prominent share of 23.0% in 2025. Outdoor enthusiasts, survivalists, and everyday carry users are driving the folding knife market share as they are seeking portable and versatile tools. They choose compact knives that serve multiple purposes, from camping and hiking to routine daily use. Manufacturers respond with innovations in locking mechanisms, blade materials, and ergonomic designs to boost performance and safety. Online platforms make these knives more accessible, while an engaged collector community fuels ongoing interest in premium, tactical, and custom folding knives among a wide range of users. For instance, in July 2025, Leatherman introduced a premium line of knives featuring three fixed blades and two folding models, all designed for outdoor use. The company crafted each knife using MagnaCut steel, emphasizing durability and high performance in rugged conditions. Such innovations are positively influencing the knife market forecast.
Consumers are driving the knife market through e-commerce by seeking convenient access to a wide variety of products, from everyday carry knives to high-end collector items. They use online platforms to compare features, prices, and reviews, which helps them make confident purchasing decisions. Knife brands actively engage their audiences through digital marketing, influencer collaborations, and online content. Reliable logistics and secure payment options further build trust. As a result, both large and niche knife makers use e-commerce to reach wider, more diverse markets. For instance, in April 2025, Digital marketing task force Nockta collaborated with premium culinary knife brand The Custom Chef (TCC) to upgrade and modernize TCC’s traditional eCommerce platform into a contemporary digital experience.

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North America dominates the overall market with a share of 44%. Outdoor enthusiasts, tactical users, and home cooks drive the knife market revenue in North America by demanding high-quality knives for camping, hunting, and cooking. Everyday carry culture and interest in self-defense tools also fuel knife market growth. Local brands attract professionals and collectors by innovating with advanced materials and ergonomic designs. Quick commerce growth and active online communities increase accessibility and enhance brand visibility, further energizing the region’s vibrant knife market. For instance, in October 2024, an American Company, Rhyguan unveiled the Top-Plus converting and finishing machine, outfitting it with a fully automatic knife positioning system. The machine offers a variety of optional features, including corona treatment, IML die-cutting, dual rewinds, a semi-automatic turret rewind, and sheeting capabilities.
Outdoor recreation, hunting, and survival skills gain rising interest across Asia Pacific, driving consumers to demand durable and versatile knives. They increasingly choose folding and fixed-blade knives for camping and adventure, which expands the region’s knife market. Popular cooking shows and culinary arts inspire consumers in urban areas to seek premium kitchen knives from both traditional and modern brands, fueling growth in the culinary segment. For example, Kamaasa Shoten, a kitchenware store located in Tokyo's Kappabashi district, has introduced a new original Japanese knife called the "Jinsei Bocho," developed in partnership with mina perhonen. Such innovations across the region are accelerating the knife industry growth.
More consumers in India purchase knives online thanks to improved internet access and logistics. E-commerce platforms provide a wide range of options, including premium and custom knives, increasing market accessibility. As urbanization rises and cooking interest grows, Indian consumers actively seek high-quality kitchen knives, boosting demand for both traditional Indian and international brands. Apart from this, the growing introduction of kitchen tool coatings is accelerating the knife market demand. For instance, in April 2024, at the upcoming Techtextil show for technical textiles in Frankfurt, Monforts unveiled its new coaTTex coating unit, designed specifically for air knife and knife-over-roller coating applications.
Outdoor and hunting culture deeply influences the U.S. market, with consumers actively demanding durable folding and fixed knives for camping, hunting, and survival. U.S. knife makers drive innovation in blade steel technology, handle ergonomics, and design, offering high-performance knives made from premium materials like titanium and carbon fiber. Brands use digital marketing and influencer reviews to educate consumers and increase purchases, further enhancing the knife market revenue across the United States.
In April 2025, a ninth-generation, family-owned cutlery brand with nearly 300 years of heritage partnered with world-renowned chef José Andrés to launch the José Andrés by Arcos Collection in the United States. This thoughtfully crafted series combines Spanish tradition with modern innovation, delivering professional-quality knives for both home cooks and culinary professionals.
| Report Coverage | Details | ||
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| Base Year: | 2024 | Market Size in 2025: | USD 2.61 Bn |
| Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: | 4.5% | 2032 Value Projection: | USD 3.55 Bn |
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| Companies covered: |
Olfa Corporation, Stanley Black & Decker, Inc., Milwaukee Electric Tool Corporation, Irwin Industrial Tools, Workpro, DeWalt, Pacific Handy Cutter Inc., Hyde Tools Inc., Craftsman, U.S. Blade Manufacturing Co. Inc., Roberts Consolidated Industries, Inc., Q.E.P. Co., Inc., Apex Tool Group, LLC, Fiskars Group, and Klein Tools, Inc. |
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The everyday carry trend continues to gain momentum globally, with consumers prioritizing compact, versatile knives for daily tasks, self-defense, and preparedness. Manufacturers respond by designing lightweight folding knives featuring improved locking mechanisms, easy one-handed operation, and durable materials. EDC enthusiasts value multifunctional tools that blend practicality with style. This trend fuels demand for premium and custom models, supported by active online communities and influencer content that educates and inspires buyers.
In May 2025, YSMART — the team known for their popular everyday carry (EDC) products on Kickstarter — released their latest invention: BITZ. It's a tiny knife you can carry on your keychain, made with a strong tungsten blade, a magnetic quick-release system, and a high-quality titanium or brass body.
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About Author
Sakshi Suryawanshi is a Research Consultant with 6 years of extensive experience in market research and consulting. She is proficient in market estimation, competitive analysis, and patent analysis. Sakshi excels in identifying market trends and evaluating competitive landscapes to provide actionable insights that drive strategic decision-making. Her expertise helps businesses navigate complex market dynamics and achieve their objectives effectively.
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