Global Kitchen Knives Market – Industry Trends and Forecast to 2030

Global Kitchen Knives Market, By Type (Chinese Style knife, Japanese Style Knife, West Style Knife, Others), Application (Common Knives, Meat Knives, Other Knives), Size (3-5, 5-7, 7-9, 9-12 Inches), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.

Kitchen Knives Market Analysis and Size     

The rising popularity of reality shows such as Top Chef, MasterChef, Hell's Kitchen, Iron Chef, and Chopped, which have revitalized the cooking arena, is a key growth driver. Furthermore, cooking has become a popular career choice, which is expected to boost the demand for kitchen knives.

Data Bridge Market Research analyses that the Global Kitchen Knives Market which was USD 26,894 million in 2022, would rocket up to USD 45,836 million by 2030, and is expected to undergo a CAGR of 7.9% during the forecast period of 2023 to 2030. “Electric Chillers” dominates the production technique segment of the Global Kitchen Knives Market part owing to their increasing demand and cost-effectiveness. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, pipeline analysis, pricing analysis, and regulatory framework.

Kitchen Knives Market Scope and Segmentation

Market Definition

A kitchen knife is any knife designed for use in food preparation. While a large chef's knife, a tough cleaver, a small paring knife, and some serrated blade (such as bread knife or serrated utility knife) can handle much of this work, many specialized knives are designed for specific purposes tasks. Kitchen knives can be made from a variety of materials.

Global Kitchen Knives Market Dynamics

Drivers

• Intervention of advance products and rising popularity of reality shows

Rising introduction of advanced products is a vital factor responsible for market growth, as is rising popularity of reality shows such as master chef, top chef, hell's kitchen, iron chef, and chopped, which have renewed the arena of cooking and rising demand for food products due to increasing disposable income, among other factors driving the kitchen knives market. Furthermore, the growing number of restaurants and eateries will create new opportunities for the kitchen knives market during the forecast period.

• The growing desire to improve the visual appearance of various food dishes

The growing desire to improve the visual appearance of various food dishes is also expected to drive market demand in the coming years. Furthermore, the demand for cutting unusual shapes such as chiffonade, brunoises, macedoine, and julienne is constantly increasing.

Opportunities

• Introduction and increasing demand of novel shapes and sizes

The introduction of novel shapes and sizes, as well as new features for improved usability, is expected to boost the market. The growing number of hotels and restaurants, as well as government and association regulations governing cleanliness and hygiene, are major factors driving the kitchen knives market.

Restraints/Challenges

• High capital cost and uncertainty

High capital cost, along with uncertainty and risk around the global economy, will hinder the growth of the Kitchen Knives market in the above mentioned forecast period.

Recent Development

• The Elmax knife, which was released in March 2019 by Artisan Revere, was 8.6 inches in length and could be used by chefs due to its smooth, fast cutting and uniform properties. Peak Knife Company's Colorado 14ers knife, which was released in April 2019, was also made with 1.4116 German steel. The segment of stamped blade knives held the largest share of the global market, accounting for more than 75% of the total.

Global Kitchen Knives Market Scope

The Kitchen Knives Market is segmented on the basis of type, application and size. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Chinese Style knife
• Japanese Style Knife
• West Style Knife
• Others

Size

• 3-5 Inches
• 5-7 Inches
• 7-9 Inches
• 9-12 Inches

Application

• Common Knives
• Meat Knives
• Other Knives

Global Kitchen Knives Market Regional Analysis/Insights

The kitchen knives market is analysed and market size insights and trends are provided by country, type, size, and application as referenced above.

The countries covered in the kitchen knives market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Europe is expected to hold the largest share of the global, regional market, accounting for more than 25% of the total. This region is expected to maintain its dominance throughout the forecast period. Asia Pacific, on the other hand, is expected to grow the most in the coming years. This increase can be attributed to the growing popularity of hand-forged knives in countries such as India, Myanmar, Bangladesh, and others. Furthermore, the popularity of specialty knives, such as the Japanese set of knives, is growing in countries such as Japan and China.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Kitchen Knives Market Share Analysis

The kitchen knives market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the kitchen knives market.

Some of the major players operating in the global kitchen knives market are:

• Friedr. Dick GmbH & Co. KG (Germany)
• GLOBAL KNIVES USA (U.S)
• KAI USA LTD (U.S)
• MAC Knife (U.S)
• Messermeister (Germany)
• Victorinox AG (Switzerland)
• Dexter-Russell, Inc. (U.S)
• Kai Corporation (Japan)
• Samuel Staniforth (UK)
• TOJIRO Co Ltd (Japan)
• Zwilling JA. Henckels AG (Germany)
• Knife Wizard (U.K)