PUBLISHER: TechNavio | PRODUCT CODE: 1583665
PUBLISHER: TechNavio | PRODUCT CODE: 1583665
The knife market is forecasted to grow by USD 753.1 mn during 2023-2028, accelerating at a CAGR of 3.91% during the forecast period. The report on the knife market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by introduction of consumer kitchen knives with new features, rising number of restaurants, and growing demand for premium knives.
Technavio's knife market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.62% |
CAGR | 3.91% |
Incremental Value | $753.1 mn |
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the growing number of outdoor recreation and adventure activities as one of the prime reasons driving the knife market growth during the next few years. Also, increasing importance of visual appeal in dishes and expansion of online retail platform will lead to sizable demand in the market.
The report on the knife market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading knife market vendors that include Apex Tool Group LLC, Bettcher Industries Inc., Dexter Russell, Friedr. Dick GmbH and Co. KG, Gerber Gear, Hyde Group Holdings Ltd., Kai Corp., Klein Tools Inc., MAC Knife Inc., Messermeister Inc., Morakniv AB, Olfa Co. Ltd., Pacific Handy Cutter Inc., Q.E.P. Co. Inc., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., TOJIRO Co. Ltd., U.S. Blade Manufacturing Co., Victorinox AG, and Wilh. Werhahn KG. Also, the knife market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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