Global Kitchen Knife Market

Kitchen Knife Market Size, Share, Growth Analysis, By Material(Steel, Plastic, Titanium, and Others (Wood), By Application(Household, Commercial), By Size(3-6 inches, 6-8 inches, 9-10 inches, and 10-12 inches), By Cutting Edge(Straight, Granton, Serrated), By Distribution Channel(Online, and Offline), By Region - Industry Forecast 2024-2031


Report ID: SQSG25I2001 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 145 | Figures: 68

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.
$5,300
BUY NOW GET FREE SAMPLE
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

FAQs

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).

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. '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.'

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.

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.

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Kitchen Knife Market

Report ID: SQSG25I2001

$5,300
BUY NOW GET FREE SAMPLE