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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.

Knife Market - Insights

Knife is a tool with a cutting edge attached to a handle. Knifes are used in food industry for handling and preparing food. Cutting plays a vital role in every stage of food processing. Various types of knives include bayonet, ballistic knife, combat knife, dagger, butterfly knife, and others. The market is projected to reach US$ 2,848.9 million by the end of 2027, at a CAGR of 4.5% over the forecast period (2019 – 2027), owing to increasing demand for knives from the food industry for cutting poultry, meat, fish, vegetables, fruits, grains, nuts, etc.

Availability of an array of knifes at low costs is driving growth of the global knife market. For instance, different types of kitchen knives include the chef’s knife which has blade size between 6 and 14 inches, paring knife, which is commonly used for chopping fruits and vegetables; utility knives which have blade size between 4 and 7 inches, bread knife, carving knife, which is used for carving meat, cleaver, which is a rectangular knife, steak knife, kitchen shears, which are used in cutting herbs, etc., and lettuce knife which is used in cutting salads among others.

Players operating in the knife market are adopting inorganic growth strategies such as product development, product launches, and innovative packaging ideas to enhance their product portfolio, and cater to increasing consumer demand. For instance, in April 2019, Urban Bar introduced Coley Bar Knife with a double sided 4.5 inch high grade 18/8 steel blade and a premium Swiss Pear wood handle.

Stringent government regulations to use, manufacture, import, sell, and transport knives is a major factor hindering growth of the global knife market. For instance, under the Switchblade Knife Act of 1958 (amended in 1986), switchblades and ballistic knives are banned from interstate shipment, sales, importation, and possession in any territory or possession in the U.S. land belonging to the U.S. federal government with the exception of federal and state law enforcement agencies and the military.

The global knife market was valued at US$ 1,916.0 Million in 2018, and is expected to register a CAGR of 4.5% in terms of value to reach US$ 2,848.9 Million by 2027 over the forecast period (2019 – 2027).

Figure 1. Global Knife Market Share, By Region, 2018

Knife  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Asia Pacific is expected to hold a dominant position in the global knife market. Increasing use of knives in various applications such as cutting, trimming, slitting and slicing meat, poultry, pork, fruit, vegetables, and bakery products in food processing industry is expected to boost demand for knives in the region over the forecast period. The food processing industry is a major growth area for the Asia Pacific knife market, therefore growth of the food industry is expected to drive demand for knife market in the region. According to Invest India, the Indian processed food market was valued at US$ 322 billion in 2016 and is expected to reach US$ 543 billion by the end of 2020, at a growth rate of 14.6% during 2016 to 2020.

Figure 2. Global Knife Market Share, By Product Type, 2018

Knife  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Among product type, the folding knife segment accounted for the largest market share of 23.0% in the global knife market in 2018. Folding knives are innovative knives and cutters which can safely fit inside a pocket and carried easily. These are small and compact knives which can be folded easily to conceal the blade when not in use. Folding knives are self-retracting and blades are easily replaceable. It is an optimum choice to prevent injuries at the workplace. These factors are expected to drive demand for folding knives in the global knife market during the forecast period.

Players operating in the global knife market are adopting various growth strategies such as mergers and acquisitions in order to enhance their market share. For instance, in December 2018, Pacific Handy Cutter, a manufacturer of safety cutting tools, acquired Klever Innovations, a manufacturer of a full line of concealed bladed safety cutters. Through this acquisition, Pacific Handy Cutter aims to strengthen their market position in the production, designing and distribution of blades and safety cutting tools.

Major players operating in the global knife market include, 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.

A knife is a tool with a cutting edge attached to a handle. Various types of knives are available in the market such as kukri, bushcraft, balisongs, hunting knives, retractable knives, snap-off knives, specialty knives, carpet knives, machete, pocket knives, whittling, safety knives, folding knives, Scandinavian knives, bowie knife, survival knife, skinning, fighting knives, trench knife, bayonets, boot knives, etc. Knife blades are also available in various materials such as stainless steel, carbon steel, titanium, ceramic, and plastic. Stainless steel is the most common material used in knives.

Market Dynamics

Among distribution channels, e-commerce distribution channels are expected to gain traction during the forecast period. Increasing internet penetration in emerging economies such as China and India, ease in comparing prices, review of products, and ease of delivery through e-commerce sites are major factors driving growth of the segment. For instance, according to the Internet and Mobile Association of India (IAMAI), the number of internet users in India reached 500 million in June 2018. Furthermore, the mass retail distribution channel is estimated to account for a significant market share in the global knife market. The global mass retail market is highly fragmented with over 250 major retail players, worldwide. According to the National Retail Federation (U.S.), top 10 retailers had a market share of over 30% as of 2018 and they compete for higher market capitalization at a global level. According to the same source, Walmart leads the mass retail business with a global revenue of US$ 500.34 Bn in 2018. Wide range of product offerings and discounts make mass retailer’s the best choice for customers. Mass retailers offer different types of knives such as fixed, retractable, snap-off, safety, folding, specialty, carpet and hobby of major manufacturers such as Stanley, Milwaukee, Irwin, WorkPro, Dewalt, Pacific Handy Cutter, Olfa, and others.

Among regions, Asia Pacific is expected to hold dominant position in the market during the forecast period owing to presence of a large construction industry in the region. Retractable and folding knives are utilized majorly in the construction industry, as a result growth of the construction industry is expected to drive demand for the knives market in Asia Pacific. For instance, according to the Global Construction 2030 perspective and Oxford Economies, in 2016, the global construction industry was valued at US$ 9.5 trillion which is expected to grow by 85% to US$ 17.5 trillion by 2030 with China, the U.S., and India accounting for 57% of the global share. Moreover, according to India Brand Equity Foundation, by 2025, India is expected to overtake Japan as the third largest construction market with growth averaging 7.4%, annually.

Key features of the study:

  • This report provides in-depth analysis of knife market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global knife 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., 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.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global knife market report caters to various stakeholders in this industry including investors, suppliers, knife manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the knife market

Detailed Segmentation:

  • Global Knife Market, By Product Type:
    • Retractable Knife
    • Fixed Knife
    • Snap-off Knife
    • Safety Knife
    • Folding Knife
    • Specialty Knife
    • Carpet Knife
    • Hobby Knife
    • Others
  • Global Knife Market, By Distribution Channel:
    • Home Center & Hardware
    • Mass Retail
    • E-commerce
    • Others
  • Global Knife Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Canada
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Germany
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Italy
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • France
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Russia
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Europe
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • India
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Japan
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • ASEAN
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Australia
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • South Korea
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Mexico
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Latin America
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Middle East
      • GCC
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Israel
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Rest of Middle East
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
    • Africa
      • North Africa
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • Central Africa
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • Others
        • By Distribution Channel:
          • Home Center & Hardware
          • Mass Retail
          • E-commerce
          • Others
      • South Africa
        • By Product Type:
          • Retractable Knife
          • Fixed Knife
          • Snap-off Knife
          • Safety Knife
          • Folding Knife
          • Specialty Knife
          • Carpet Knife
          • Hobby Knife
          • 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.
    • 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.
    • Klein Tools, Inc.

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

Table of Contents

  1. Research Objective 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
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Knife Market, By Product Type, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Retractable Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Fixed Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Snap-off Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Safety Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Folding Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Specialty Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Carpet Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Hobby Knife
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  5. Global Knife Market, By Distribution Channel, 2017 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 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$ Million)
    • Mass Retail
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • E-commerce
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Million)
  6. Global Knife Market, By Region, 2017- 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2017 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$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
    • Europe
      • Market Share Analysis, By Country, 2017 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$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
    • Middle East
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Israel
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Rest of Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
    • Africa
      • Market Share Analysis, By Country, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • North Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • Central Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
        • South Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Million)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • 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
      • Milwaukee Electric Tool Corporation
        • 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
      • Workpro
        • 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
      • Hyde Tools, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Craftsman.
        • 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
      • Roberts Consolidated Industries, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Q.E.P. Co., Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Apex Tool Group, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Fiskars Group.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Klein Tools, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 30 market data tables* and 25 figures* on "Knife Market” - Global forecast to 2027.

Frequently Asked Questions

The global knife market is estimated to reach US$ 2,848.9 Million by 2027.
Major players operating in the global knife market include 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.
Stringent government regulations to use, manufacture, import, sell, and transport knives is one of the major factors that is expected to hamper growth of the market over the forecast period.
Availability of an array of knifes at low costs, and increasing application of knives in food processing industry are the major factors that are expected to propel growth of the market over the forecast period.
The global knife market is estimated to exhibit a CAGR of 4.5% over the forecast period (2019-2027).
Among regions, Asia Pacific held a dominant position in the global knife market in 2018, accounting for 36% market share.
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