Global Kitchen Knife Market Size, Share, Growth Analysis, By Material, By Application, By Size, By Manufacturing Process, By Cutting Edge - Industry Forecast 2023-2030

Global Kitchen Knife Market size was valued at USD 1.57 billion in 2021 and is poised to grow from USD 1.76 billion in 2022 to USD 4.12 billion by 2030, growing at a CAGR of 11.2% in the forecast period (2023-2030).

A kitchen knife is any cutting tool used for meal preparation. While general-purpose knives like a large chef's knife, a sturdy cleaver, a small paring knife, and a serrated blade (such as a bread knife or serrated utility knife) can handle most tasks, there are also specialized knives designed for specific jobs. Kitchen knives can be made from various materials. The increasing importance of aesthetics in diverse foods and the global trend of cutting food into unique shapes like brunoise, chiffonade, julienne, and macedoine are expected to drive the demand for kitchen knives in the coming years. Furthermore, the introduction of innovative products will contribute to the expansion of the market. These factors will positively impact the growth of the global kitchen knife market in the forecast period.

For instance, the latest addition to Friedr. Dick's Red Spirit Series is an excellent choice. The 15 cm long blade of this versatile chef's knife is perfect for various tasks. Some home cooks find it challenging to use a traditional chef's knife with a large blade when slicing small fruits or vegetables into julienne or cubes with fine texture. However, the width of the blade is often useful. In such cases, a paring knife or a peeling knife is too small and thin, while a Santoku knife is too large and impractical. The new Red Spirit Chef's Knife, with its small handle and 15 cm long blade, is the ideal solution for this situation.

Top-down and bottom-up approaches were used to estimate and validate the size of Kitchen Knife to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Kitchen Knife Market Segmental Analysis

Global kitchen knife market is segmented based on the material, application, size, manufacturing process, cutting edge, and region. Based on the material, the global Kitchen Knife Market is segmented into steel, plastic, and titanium. By manufacturing process, the Kitchen Knife Market is segmented into hand forged and stamped blades. By cutting edge, the Kitchen Knife Market is segmented into plain, granton, serrated. By distribution channel, the Kitchen Knife Market is segmented into Convenience Stores, Supermarkets & Hypermarkets, Online. By application, the Kitchen Knife Market is segmented into household, and commercial. By size, the global Kitchen Knife Market is segmented into 3-7 inches, 7-9 inches, and 9-12 inches. Based on the region, Kitchen Knife Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Kitchen Knife Market Analysis by Material

The global market for kitchen knives is projected to witness a dominant presence of steel due to its abundant supply. Steel is expected to hold the largest market share, surpassing titanium in terms of affordability. Moreover, steel knives are known for their durability and longevity compared to plastic counterparts. For instance, Martensitic stainless steels, commonly used for both table knives and trade knives, possess a carbon content ranging from 0.12% to 1% and a chromium content between 12% and 18%. This composition provides excellent resistance to corrosion and allows for substantial heat hardening. According to Red Label Abrasives, stainless steel remains the preferred blade material for 53% of knife manufacturers, making it the most popular choice. Following closely behind, high carbon steel secured the second position with 27% of the votes as the preferred material.

Additionally, the plastic segment of the global kitchen knife market is anticipated to experience significant growth during the forecast period. This upswing can be attributed to the increasing importation of plastic knives worldwide. Import shipments of plastic knives amount to 21.5K, with 3,048 buyers involved in the trade. The United States, Vietnam, and India emerge as the top three countries in terms of plastic knife imports. The United States leads with 10,175 shipments, followed by Vietnam with 5,603 shipments, and India in third place with 1,759 shipments.

Kitchen Knife Market Analysis by Application

In the global market for kitchen knives, the household segment emerged as the dominant player in 2021. This growth can be attributed to the increasing disposable income of consumers and their awareness about the availability of advanced products, particularly in developing countries such as China and India. Moreover, major market participants are introducing enhanced technologies suitable for all age groups, thereby attracting a larger audience from this segment. An excellent example is the recent addition to Friedr. Dick's product lineup, the Red Spirit Tiny Chef children's chef's knife, which offers young aspiring chefs the same professional quality as their adult counterparts. The chef's knife is a versatile tool that is indispensable for every cook, regardless of their age. To ensure safety, the Red Spirit Little Chef children's chef's knife features a blunted and rounded tip and end, effectively reducing the risk of accidents. With its flat edge, the blade prevents toddlers from accidentally stabbing themselves or others, while the rounded end ensures the safety of their fingers while holding the knife.

Kitchen Knife Market Analysis by Size

In the global kitchen knife market, the 7-9-inch segment dominated in 2021 and is expected to maintain its leading position until 2028, with a projected compound annual growth rate (CAGR) of 10.1%. This segment includes a variety of knives such as ham slicers, cutting knives, and bread knives, which are utilized for a wide range of cutting purposes. These knives are characterized by their substantial and wide blades, providing efficient cutting performance. Additionally, the episode showcases paring knives, which are specifically designed for tasks such as deveining shrimp, cutting small garnishes, and peeling fruits and vegetables. Notably, these knives are both versatile and comfortable, enabling effortless cutting through various types of food items.

Global Kitchen Knife Market Regional Insights

In the global market for kitchen knives, the European region emerged as the leader in 2021. The growing demand for these products can be attributed to the increasing number of hotels that cater to their guests' culinary needs. Europe remains a top destination for both leisure and business travelers, with over 340 new hotels opening in 2020 and even more expected in 2021. The use of kitchen knives is particularly prominent among small businesses such as restaurants, as it is an essential tool for their operations. Moreover, the intense competition among manufacturers in this region results in various incentives being offered to customers, further driving up consumption.

One notable example is the AJAX chef's knife produced by Friedr. Dick GmbH & Co, which garnered significant recognition and praise. It impressed both the expert panel and the buyers with its exceptional quality, functionality, materials, appealing design, and expected product features. This knife also received the prestigious "Golden Award - Best of the Best," which is bestowed upon the top-rated item in its category.

In the Asia Pacific region, significant growth is expected in the coming years due to the expanding tourism industry and the subsequent increase in food establishments. For instance, India alone has a staggering 3 crore foodservice enterprises, excluding 55,000 hotels. The number of foodservice restaurants in India (4.2 million) ranks second only to China Mainland (9.3 million). These factors are projected to further fuel the growth of the global kitchen knife market during the forecast period.

Global Kitchen Knife Market Dynamics

Kitchen Knife Market Driver

The kitchen knife industry is influenced by various factors that contribute to its growth. These include the introduction of innovative products, the impact of popular cooking reality shows like Master Chef, Top Chef, Hell's Kitchen, Iron Chef, and Chopped, and the increased demand for food driven by higher disposable incomes. Furthermore, the global market is expected to expand due to the growth of restaurants and eateries.

As the kitchen knife market progresses, it is expected to introduce new designs, sizes, and features to enhance usability. The market's growth is primarily propelled by the expansion of hotels and restaurants, as well as government regulations and industry standards focused on sanitation and hygiene. The increasing preference for online shopping among consumers has also contributed to the surge in demand for kitchen knives.

In the coming years, the market is predicted to witness a growing demand for kitchen knives as consumers seek to enhance the visual appeal of their culinary creations. Additionally, there is an emerging need for knives that can cut food into unique shapes such as chiffonade, brunoises, macedoine, and julienne.

Kitchen Knife Market Restraint

Throughout the forecast period, the kitchen knife industry will encounter added obstacles attributed to several significant factors, such as the increasing risk posed by alternative offerings and emerging rivals. Moreover, the escalating expenses associated with natural resources will impede the expansion of the worldwide kitchen knife market.

Global Kitchen Knife Market Competitive Landscape

The kitchen knife market on a global scale is characterized by fragmentation and intense competition. Leading companies in the market continually employ diverse strategies for growth to maintain their position. These strategies encompass activities such as introducing new products, fostering innovations, engaging in mergers and acquisitions, forming collaborations and partnerships, as well as conducting extensive research and development. These key players are also steadfastly committed to advancing R&D efforts in order to provide industries with highly efficient and economical solutions.

Top Players in the Global Kitchen Knife Market

Zwilling J.A. Henckels AG

Wusthof Dreizackwerk KG

Victorinox AG

Kai Corporation

Fiskars Corporation

MAC Knife Inc.

Global Knives

Shun Cutlery

Mercer Tool Corp.

Dexter-Russell Inc.

Sabatier (brand of Richardson Sheffield)

BergHOFF Worldwide

Kyocera Corporation

KitchenAid Inc.

Robert Welch Designs Ltd.

Cangshan Cutlery Company

Calphalon Corporation

Dalstrong Inc.

Ginsu Brands

OXO International Ltd.

Kitchen Knife Market Recent Developments

In June 2022, the steak and table knife from Friedr. Dick GmbH & Co. KG wins praise from both expert juries and customers. The PURE METAL AJAX has won the Kitchen Innovation Award and the Red Dot Award Product Design 2022. The Red Dot Award is one of the largest design contests in the world, receiving up to 20,000 submissions from 60 different nations. The prestigious Red Dot Award is recognised as the pinnacle of design excellence on a global scale. The 48 worldwide judges for the Red Dot awards pool their combined knowledge in design from their previous positions as lecturers, consultants, designers, or journalists.

In June 2022, the most recent entry in Friedr. Dick's Red Spirit Series was announced. You have the ideal all-purpose chef's knife with a 15 cm long blade. Some home cooks just find it difficult to use the large blade of a traditional chef's knife to slice little fruit or vegetables with fine texture into julienne or cubes. However, the blade's breadth is frequently employed. A paring or peeling knife is needed, yet both are far too tiny, thin, or curved. The Santoku is overly huge and incongruous in some way. The new, 15 cm long Red Spirit Chef's Knife with a small handle is ideal for this situation.

Global Kitchen Knife Key Market Trends

Ceramic, being resistant to the corrosive impact of acidic substances or juice, impervious to rust, and possessing prolonged sharpness compared to alternative materials, serves as a pioneering material that encourages product consumption. As an example, the Shenzhen Knives Kitchen 3-piece Ceramic Knife showcases blades that do not rust, ergonomic grips for added comfort, and exceptionally lightweight knives. Moreover, the surge in popularity of culinary reality shows such as Master Chef, Hell's Kitchen, The Chef Shows, and similar programs inspires a greater number of individuals to engage in cooking, thereby contributing to an amplified demand for the product.

Global Kitchen Knife Market SkyQuest Analysis

SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

Based on our comprehensive analysis of the global kitchen knife market, the steel segment emerged as the dominant category in terms of material in 2021. This can be attributed to steel's affordability compared to titanium, as well as its reputation for durability and longevity when compared to plastic knives. In terms of application, the household segment claimed the largest market share. This growth can be attributed to increasing disposable income among consumers and their awareness of the availability of cutting-edge products, particularly in developing countries such as China and India. Geographically, the European region held the largest market share in the global kitchen knife industry. This can be attributed to the region's significant number of hotels and the presence of leading industry players in this area.