USD 1.57 billion
Global Kitchen Knife Market Size, Share, Growth Analysis, By Material(Steel, Plastic), By Application(Household, Commercial), By Size(3-6 inches, 6-8 inches), By Cutting Edge(Straight, Granton), By Distribution Channel(Online, and Offline) - Industry Forecast 2024-2031
Report ID:
SQSG25I2001 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
145 |
Figures:
68
Global Kitchen Knife Market Insights
Global Kitchen Knife Market size was valued at USD 1.57 billion in 2019 and is poised to grow from USD 1.76 billion in 2023 to USD 4.12 billion by 2031, growing at a CAGR of 11.2% in the forecast period (2024-2031).
Any knife used to prepare meals is referred to as a kitchen knife. While much of this work can be completed using a few general-purpose knives, particularly a large chef's knife, a sturdy cleaver, a small paring knife, and something with a serrated blade (like a bread knife or serrated utility knife), there are also many specialized knives that are made for particular jobs. Several different materials may be used to make kitchen knives. Over the next several years, demand for the product will be driven by the growing significance of aesthetic appeal in diverse foods. Additionally, due to increased globalization, using knives to cut unusual forms like brunoise, chiffonade, julienne, and macedoine have become a popular trend. This will raise the demand for the goods. In the near future, the launch of cutting-edge items will also favorably affect market expansion. This will boost the growth of the global kitchen knife market during the forecast period.
For example, the newest knife in Friedr. Dick's Red Spirit Series, for instance, is always the best option. 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. The hunt starts: Both a paring and a peeling knife are very tiny, thin, and 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.
US Kitchen Knife Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Household
Fastest Growth
Household
Growth Rate
11.2% CAGR
Global Kitchen Knife Market ($ Bn)
Country Share for Europe Region (%)
Global Kitchen Knife Market By Application ($ Bn)
Global Kitchen Knife Market By Application (%)
To get more reports on the above market click here to Buy The Report
Global Kitchen Knife Market Segmental Analysis
Global kitchen knife market is segmented based on the material, application, size, cutting edge, Distribution Channel, and region. Based on the material, the global Kitchen Knife Market is segmented into steel, plastic, and titanium and Others (wood, ceramic). By cutting edge, the Kitchen Knife Market is segmented into Straight, granton, serrated. By distribution channel, the Kitchen Knife Market is segmented into Online & Offline. By application, the Kitchen Knife Market is segmented into household, and commercial. By size, the global Kitchen Knife Market is segmented into 3-6 inches, 6-8 inches, 9-10 inches, and 10-12 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
Due to its ample supply, steel is expected to have the highest share in the global kitchen knife market. Its price is lower than that of titanium, and it is also thought to be sturdier and more long-lasting than a plastic knife. For example, Martensitic stainless steels, which are frequently used for both table knives and trade knives, have a carbon content of 0.12 to 1% and chromium content of between 12 and 18%. This combination provides corrosion resistance and enables considerable heat hardening. Stainless steel continues to be the most popular blade material among knife manufacturers, with 53% of them choosing it, according to Red Label Abrasives. High carbon steel was voted as the second most preferred material with 27% of the vote.
Following this, the plastic segment is also expected to see a significant boost during the forecast period in the global kitchen knife market. This is due to the rise in imports of these knives worldwide. Knife plastic import shipments total 21.5K, with 3,048 Buyers importing them. The United States, Vietnam, and India are the top 3 countries where plastic knives are imported. With 10,175 shipments, the United States is the top importer of knife plastic, followed by Vietnam with 5,603 shipments and India in third place with 1,759 shipments.
Kitchen Knife Market Analysis by Application
In 2021, the household segment held the largest share in the global kitchen knife market. This rise is linked to rising consumer disposable income and knowledge of the availability of high-tech items, particularly in developing nations like China and India. Furthermore, the key market players are introducing better technology for all age groups thus attracting more audiences from this segment. For instance, the Red Spirit Tiny Chef children's chef's knife, a recent addition to Friedr. Dick's, gives little cooks proven professional quality. Due to its versatility, the chef's knife is an all-purpose instrument and the most essential for each cook, regardless of age. The Red Spirit Little Chef children's chef's knife has a blunted, rounded tip and end to reduce the risk of accidents. The toddler can't stab themselves or others because of the blade's flat edge. While the youngster is holding the knife, the rounded end of the blade won't hurt their fingers.
Kitchen Knife Market Analysis by Size
In 2021, the 7–9-inch segment held the largest share in the global kitchen knife market. Furthermore, the quickest CAGR of 10.1% is also anticipated for the 7–9-inch product segment between 2021 and 2028. The category also has ham slicers and cutting and bread knives. These items are used for cutting for several purposes. The majority of these items feature hefty, wide blades. Paring knives, which are used for de-veining shrimp, cutting tiny garnishes, and peeling fruits and vegetables, are featured in the episode. These knives are still comfortable enough to cut through various kinds of food items.
Global Kitchen Knife Market By Application, 2023 (%)
To get detailed analysis on other segments, Request For Free Sample Report
Global Kitchen Knife Market Regional Insights
In 2021, the European region held the largest share in the global kitchen knife market. The increase in hotels that provide food to their visitors is a major factor in the rising demand for the goods. Data show that Europe continues to rank among the world's largest travel and hospitality markets, drawing equally as many leisure as business travelers. In Europe, over 340 new hotels debuted in 2020, and in 2021, there are forecast to be even more openings. The use of the product rises in the area that supports small companies, such as restaurants of various kinds since it is one essential item that they cannot live without. Additionally, the fierce competition among producers in this area leads to a variety of incentives being made to customers, which is also driving up consumption.
For example, with its above-average overall performance in the distinctive assessment process for the "Kitchen Innovation" award, the AJAX chef's knife by Friedr. Dick GmbH & Co was able to motivate both the expert panel and the audience of buyers. The AJAX was able to impress with its quality, functionality, and material quality, together with an appealing design and expected product characteristics. A very rare and valued prize was also given to the chef's knife: the "Golden Award - Best of the Best," which is given to the item with the best rating overall in its category.
Due to the increasing expansion of the tourism industry and the consequent rise in the number of food outlets, the Asia Pacific region is expected to experience substantial growth in the upcoming years. For instance, India has a total of 3 crore foodservice enterprises, excluding 55,000 hotels. The number of foodservice restaurants in India (4.2 million) is second only to those in China Mainland (9.3 million). This is further expected to boost the growth of the global kitchen knife market during the forecast period.
Global Kitchen Knife Market By Region, 2024-2031
- Largest
- Fastest
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Global Kitchen Knife Market Dynamics
Kitchen Knife Market Driver
- The kitchen knife market is driven by a number of factors, including the rising introduction of cutting-edge products, the popularity of reality television programs that have revitalized the cooking world, such as Master Chef, Top Chef, Hell's Kitchen, Iron Chef, and Chopped, and the rising demand for food due to rising disposable income. Additionally, throughout the projected period, there will be more chances for the global market due to the increase in restaurants and eateries.
- The market is anticipated to grow as new forms and sizes, as well as new features for better usage, are introduced. The kitchen knife market is mostly driven by the expansion of hotels and restaurants as well as governmental and association rules controlling sanitation and hygiene. The popularity of e-commerce among consumers is boosting the demand for kitchen knives. In the upcoming years, market demand is also anticipated to be driven by the rising desire to enhance the aesthetic appeal of various cuisine meals. Additionally, there is a rising need for cutting unique forms like chiffonade, brunoises, macedoine, and julienne.
Kitchen Knife Market Restraint
- During the projection period, the kitchen knife market will face additional challenges due to a number of important reasons, including the growing threat of replacement products and new competitors. Furthermore, the rising cost of natural resources will also hamper the growth of the global kitchen knife market.
Request Free Customization of this report to help us to meet your business objectives.
Global Kitchen Knife Market Competitive Landscape
Global kitchen knife market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions.
Top Players in the Global Kitchen Knife Market
- Zwilling J.A. Henckels AG
- Wüsthof Dreizackwerk KG
- Victorinox AG
- Kai Corporation
- Fiskars Corporation
- MAC Knife Inc.
- Global Knives
- Shun Cutlery
- Mercer Tool Corp.
- Dexter-Russell Inc.
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
- Because ceramic can withstand the effects of acidic or juice on its surface, is rust-proof, and can maintain its sharpness for a longer amount of time than other types of material, it is an innovative material that promotes the consumption of the product. For instance, Shenzhen Knives Kitchen 3-piece Ceramic Knife has non-rusting blades, distinctive comfort grips, and superior lightweight knives. Additionally, when culinary reality shows like Master Chef, Hell's Kitchen, The Chef Shows, and others gain popularity, more people start cooking, which helps to increase the product's consumption.
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.
According to our global kitchen knife market analysis, in terms of material, the steel segment held the largest share in the global kitchen knife market in 2021, because its price is lower than that of titanium, and it is also thought to be sturdier and more long-lasting than a plastic knife. By application, the household segment held the largest share in the global kitchen knife market, this rise is linked to rising consumer disposable income and knowledge of the availability of high-tech items, particularly in developing nations like China and India. And by region, the European region held the largest share in the global kitchen knife market due to the rise is the number of hotels present in the region and the presence of prominent key players in the region.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.57 billion |
| Market size value in 2031 | USD 4.12 billion |
| Growth Rate | 11.2% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Kitchen Knife Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Kitchen Knife Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Kitchen Knife Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Kitchen Knife Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Kitchen Knife Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Kitchen Knife Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Kitchen Knife Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
