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The commercial kitchen knives market is estimated to grow at a CAGR of 4.93% between 2022 and 2027. The size of the market is forecast to increase by USD 114.15 million. The growth of the market depends on several factors, including an increase in the number of food service establishments, increasing demand for customized commercial kitchen knives, and increased use of color-coded commercial kitchen knives.
This report extensively covers market segmentation by type (chefs knives, utility knives, bread knives, meat knives, and others), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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Technavio categorizes the global commercial kitchen knives market as a part of the global personal products market within the global household and personal products market. The parent global personal products market covers products and companies engaged in research and development (R & D) and the production of personal and beauty care products, including cosmetics and perfumes. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.
The increasing demand for customized commercial kitchen knives is notably driving the market growth, although factors such as the increased sale of counterfeit commercial kitchen knives may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Commercial Kitchen Knives Market Driver
The increasing demand for customized commercial kitchen knives is notably driving the commercial kitchen knife market growth. Customers can customize the knives as per their requirements. Many chefs ensure that the commercial kitchen knives they use are ergonomically designed and have the best quality handles and blades. This is one of the factors that has increased the demand for customized knives. One of the most popular customizations being done in commercial kitchen knives is engravings on blades or handles.
In addition, demand for customization in terms of handles made of unique materials and knives with different types or quality of blades is also significantly increasing. Many end-user establishments also prefer to get their brand name engraved on commercial kitchen knives. For instance, Messermeister, a prominent vendor of commercial kitchen knives, offers commercial kitchen knives with an option for personalized names or phrases etched on the knife blades. Similarly, tattoos and picture engraving services are offered by I.O.Shen on the knife blades.
Key Commercial Kitchen Knives Market Trend
Growing demand for superior quality and durable commercial kitchen knives is the key market trend driving the commercial kitchen knives market growth. The growing demand for durable and high-quality commercial kitchen knives is encouraging some of the market players to increase their focus on introducing new units of commercial kitchen knives with improved design and quality. This helps the vendors to leverage the high market demand and increase their product adoption and market share at the same time. The improvements in design are mainly in terms of better handles, the material used for knife handles and blades, sharpness and strength of knives.
Similarly, the vendor also provides knives that are made using PEtec. It is a computer-aided application which helps increase the sharpness of the knives and maintain the sharpness for a longer duration. With the use of this technology, the blades are measured before sharpening, then the computer calculates the sharpening angle for each blade, and precision robots sharpen the blades.
Key Commercial Kitchen Knives Market Challenge
The major challenge impeding the commercial kitchen knife market growth is the increased sale of counterfeit commercial kitchen knives. The prevailing and growing market for counterfeit commercial kitchen knives affects the sale of original knives. These knives are manufactured without following the process of quality measures. As a result, they are inferior in quality as compared to original commercial kitchen knives. Despite the inferior quality, these knives carry the trademark names and symbols of the vendors producing original commercial kitchen knives.
However, though these knives appear to be visually the same as their original counterparts, they tend to be low on performance and quality. Buying counterfeit commercial kitchen knives can result in a loss of customer confidence in the brand, affecting the market growth.
Key Commercial Kitchen Knives Market Customer Landscape
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Commercial Kitchen Knives Market Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
chroma-cutlery.com - The company offers commercial kitchen knives such as HAIKU knives, fruit knives, JAPANCHEF, HAIKU YAKITORI, and Knife Safe pro by CHROMA. Also, the company is a manufacturer of professional cutlery and related accessories with distribution in all five continents.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the chefs knives segment will be significant during the forecast period. Chefs knives are the most important knives that are used in commercial kitchens around the world. These are also known as cook knives. These are multipurpose knives used mainly for tasks of slicing, dicing, and chopping. Based on the type of blade, chefs knives are categorized into German knives, Japanese knives, French knives, and Chinese knives. German chefs knives are heavier and have softer metal. These blades require more maintenance but involve less skill to accomplish the maintenance tasks. The handles of the German chefs knives are rectangular. In addition, German chefs knives usually have continuously curved edges, while French knives mostly have a straight edge till the end and are curved at the tip of the knife.
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The chefs knives segment was valued at USD 142.22 million in 2017 and continue to grow by 2021. During the forecast period, the growth of the global commercial kitchen chefs knives will mainly be driven by the increasing availability of these knives with superior quality blades and improved design. Some of the vendors are offering commercial kitchen chefs knives with ergonomically angled handles to ensure the maximum amount of comfort, along with a firm grip to facilitate cutting on a cutting board. In addition, commercial kitchen chefs knives, which are made using improved materials such as Santoprene, have also gained significant popularity as the material is resistant to kitchen oils and helps ensure a safe grip. Thus, the segment is expected to grow during the forecast period.
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APAC is projected to contribute 46% by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The commercial kitchen knives market in APAC is growing at the fastest rate owing to the low penetration of substitutes such as food processors and kitchen shears in the region. Moreover, in APAC, the popularity of online shopping is increasing, which is encouraging vendors to sell ergonomically designed commercial kitchen knives online. The increase in urbanization and the simultaneous rise in spending on food out-of-home are expected to drive the market in APAC.
This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. COVID-19 led to an upsurge in the demand for APAC. However, the lifting of lockdown restrictions in the first half of 2021 due to the initiation of large-scale vaccination drives in the region positively impacted the growth of the regional market. Moreover, due to prolonged stays at home, consumers look at cooking often as a leisure activity, which increased the demand for commercial kitchen knives in 2020 and 2021. Also, the vendors are planning to launch new products in the regional market with various features. Such factors will boost the growth of the regional commercial kitchen knives market during the forecast period.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Type (Chefs knives, Utility knives, Bread knives, Meat knives, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, Middle East and Africa, and South America).
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Commercial Kitchen Knives Market Scope |
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Report Coverage |
Details |
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Page number |
162 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.93% |
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Market growth 2023-2027 |
USD 114.15 million |
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Market structure |
Fragmented |
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YoY growth (%) |
4.63 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 46% |
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Key countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Cnife GmbH, Coltellerie Sanelli Srl, Dalstrong Inc., DEGLON SAS, Dexter Russell Inc., Friedr. Dick GmbH & Co KG, IO Shen Knives UK Ltd., Johannes Giesser Messerfabrik GmbH, Kai Corp., MAC Knife Inc., Mercer Tool Corp, Messermeister Inc., Samuel Staniforth Ltd., The Scott Fetzer Co., Victorinox AG, Wilh. Werhahn KG, WUSTHOF, Yoshida Metal Industry Co. Ltd., Mundial SA, and TOJIRO Co Ltd |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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