Consumer Kitchen Knife Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR40081
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The consumer kitchen knife market size has the potential to grow by USD 680.10 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.88%. 

This report provides a detailed analysis of the market by product (non-electric and electric), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and MEA). 

Consumer Kitchen Knife Market Share

Consumer-Kitchen-Knife-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • AL MAR Knives
  • Cuisinart
  • Fallkniven AB
  • Fiskars Corp.
  • Hamilton Beach Brands Holding Co.
  • Lifetime Brands Inc.
  • Messermeister Inc.
  • The Oneida Group Inc.
  • Wüsthof GmbH
  • ZWILLING J.A. Henckels AG

 

The consumer kitchen knife market is fragmented and the vendors are deploying growth strategies such as offering new and innovative products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the introduction of consumer kitchen knives with new features to achieve growth opportunities. However, factors such as the increasing use of food processors will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the consumer kitchen knife market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This consumer kitchen knife market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Consumer Kitchen Knife Market: Key Drivers and Trends

  • The introduction of consumer kitchen knives with new features is one of the significant factors driving the consumer kitchen knife market.
  • With the increasing demand for safe and comfortable kitchen tools, vendors are offering knives with new features after analyzing factors such as the mechanics behind the movement of hand muscles and the strength required while chopping and slicing.
  • Currently, knives are available with features such as a natural wooden handle that is ergonomically designed for balance and comfort.
  • The growing popularity of consumer ceramic knives, one of the latest consumer kitchen knife market trends, will drive market growth.
  • Ceramic knives are 100% stainless and hence cannot be damaged by substances such as acids and caustics.
  • Ceramic blades are known to offer superior sharpness compared with steel blades and can retain their sharpness up to 10 times longer compared with other knives, including carbon steel knives.
  • Ceramic knives are perfectly balanced, which is essential for reducing hand fatigue.

 

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Consumer Kitchen Knife Market: Segmentation by Geography

Consumer-Kitchen-Knife-Market-Market-Share-by-Region-2020-2025

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37% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for consumer kitchen knives in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The low penetration of substitutes such as food processors and kitchen shears will facilitate the consumer kitchen knife market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Consumer Kitchen Knife Market: Segmentation by Product

Consumer-Kitchen-Knife-Market-Market-Share-by-Product-2020-2025

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The consumer kitchen knife market share growth by the non-electric segment will be significant during the forecast period. Non-electric consumer kitchen knives are conventional knives that are used at home for various kitchen activities such as chopping, dicing, and slicing fruits, vegetables, and meat. These knives are made with steel blades and wooden or plastic handles, which are ergonomically designed for perfect grip. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the consumer kitchen knife market size.

 

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Key Highlights of the Consumer Kitchen Knife Market Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive consumer kitchen knife market growth during the next five years
  • Precise estimation of the consumer kitchen knife market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the consumer kitchen knife industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of consumer kitchen knife market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The consumer kitchen knife market growth will increase by $680.10 million during 2020-2025.
The consumer kitchen knife market is expected to grow at a CAGR of 6.88% during 2020-2025.
Technavio has segmented the consumer kitchen knife market by product (Non-electric and Electric) ,distribution channel (Offline and Online) , and geographic (APAC, North America, Europe, South America, and MEA).
AL MAR Knives, Cuisinart, Fallkniven AB, Fiskars Corp., Hamilton Beach Brands Holding Co., Lifetime Brands Inc., Messermeister Inc., The Oneida Group Inc., Wüsthof GmbH, ZWILLING J.A. Henckels AG are a few of the key vendors in the consumer kitchen knife market.
APAC will register the highest growth rate of 37.34% among the other regions. Therefore, the consumer kitchen knife market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the consumer kitchen knife market growth are:
  • Introduction of consumer kitchen knives with new features
The consumer kitchen knife market vendors should focus on grabbing business opportunities from the non-electric segment as it accounted for the largest market share in the base year.
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