Global Kitchen Knives Market Is Anticipated to Surge Approximately $16.5 Billion By 2030

The global kitchen knives industry size was nearly $14.5 Billion in 2022 and is anticipated to surge to approximately $16.5 Billion by 2030 along with recording the highest growth rate of nearly 6.3% from 2023 to 2030.

Kitchen knives are products that provide large benefits as compared to knives that find application in routine activities including effective chopping & slicing along with massive controlling of the product. There is a rise in the number of individuals opting for cooking as a career and the acceptance of kitchen knives in cafeterias in schools, academic institutions, colleges, and workplaces. In addition to this, kitchen knife manufacturers are focusing on the production of durable, safe, and cost-efficient items. Massive consumption of street food and an increase in the number of restaurants have also elevated the utilization of kitchen knives as a large number of chefs prefer their use over traditional knives during routine activities.  

Surging consumer demand for new kitchen knives will proliferate the expansion of the global kitchen knives market. In addition to this, beneficial product features including outstanding performance, use-convenience, and durability are predicted to boost the global market. Industry participants are trying to launch new products for satisfying consumer demand, thereby steering the global market expansion. Introduction of kitchen knives in various shapes along with their enhanced use will proliferate the size of the market.

Nevertheless, the easy availability of alternative products will put brakes on the expansion of the global kitchen knives industry. Furthermore, rising costs of raw materials import and excise duties can deter the growth of the global industry in the forecasting years. However, the flourishing hotel and restaurant business has generated new growth opportunities for the global industry.

The global kitchen knives market is divided into manufacturing process, cutting edge, size, application, price, distribution channel, and region.       

The cutting edge segment of the kitchen knives market is sub-segmented into plain, granton, and serrated segments. Furthermore, the plain segment, which dominated the kitchen knives market in 2022, is predicted to register highest gains during the anticipated timeframe. The expansion of the segment over 2023-2030 can be due to use of plain kitchen knives in residential and commercial sectors as a result of its effective functions such as skinning, chopping, mincing, slicing, and dicing.

On basis of size, the kitchen knives industry across the globe is divided into 3-5 inches, 5-7 inches, 7-9 inches, and 9-12 inches segments. Moreover, the 5-7 inches segment, which dominated the segmental space in 2022, will continue to do so even during the estimated timespan. The segmental growth over the analysis timeline can be due to use of 5-7 inches of kitchen knives in kitchen actives of chopping, slicing, cutting, and dicing of big and small fruits & vegetables.

Based on the price, global kitchen knives market is divided into low, medium, and high segments. The low price segment, which dominated the global market revenue in 2022, is set to record the fastest CAGR during the forecast timeframe. The growth of the segment in the forecasting years can be subject to massive use of the lowly priced kitchen knives due to its cost-effectivity.

Furthermore, the kitchen knives market in Europe is predicted to retain its market domination over the upcoming timeline. The expansion of the market in Europe can be credited to strong culinary traditions and large-scale product penetration in kitchen. In addition to this, a large number of European populations are allocating large amount of funds for manufacturing high-end kitchen knives for household use. Moreover, the escalating popularity of eco-friendly kitchen knives in Europe will enhance the growth of the regional market.

On the other hand, the kitchen knives industry in Asia-Pacific is slated to register the highest CAGR of 8.0% in the assessment period. The growth of the market in the region over the forecast timespan can be subject to rise in the easy availability of large number of food menus & growing popularity of cooking in the traditions of countries such as India, Japan, and China in Asia.

Browse the full “Kitchen Knives Market By Manufacturing Process (Hand-Forged and Stamped Blades), By Cutting Edge (Plain, Granton, and Serrated), By Size (3-5 inches, 5-7 inches, 7-9 inches, and 9-12 inches), By Application (Residential and Commercial), By Price (Low, Medium, and High), By Distribution Channel (Direct Selling and Indirect Selling), and By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030.” Report at https://www.zionmarketresearch.com/report/kitchen-knives-market

Recent Developments:

• In first half of 2019, Artisan Revere, a major producer of chef’s knife, introduced the Elmax knife which has length of 8.6 inches and can be used by chefs in cooking due to its smooth, even, and fast-cutting characteristics. The initiative will contribute majorly to the demand for kitchen knives in the forecasting years.
• In the first half of 2019, Colorado, a peak knife manufacturing company, introduced a 14ers knife made up of German steel. The strategic initiative is projected to account humungously towards the global kitchen knives market earnings in the years ahead.

Key players in the global kitchen knives market include:

• Friedr. Dick GmbH & Co. KG
• Masamoto Sohonten Co. Ltd.
• MAC Knife
• Wüsthof
• Victorinox AG
• Kyocera
• Zwilling J. A. Henckels
• Misen LLC
• Calphalon
• Dexter-Russell Inc.
• Messermeister Inc.

The global kitchen knives market is segmented as follows:

By Manufacturing Process

• Hand-Forged
• Stamped Blades

 By Cutting Edge

• Plain
• Granton
• Serrated

By Distribution Channel

• Direct Selling
• Indirect Selling

By Size

• 3-5 inches
• 5-7 inches
• 7-9 inches
• 9-12 inches

By Application

• Residential
• Commercial

By Price

• Low
• Medium
• High

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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