Kitchen Knives Market Size is expected to reach USD 2.08 billion by 2019 - 2025

Kitchen Knives Market Size is expected to
reach USD 2.08 billion by 2019 - 2025
“Kitchen Knives Market Size, Share & Trends Analysis
Report By Cutting Edge, By Manufacturing Process,
By Application, By Size, By Distribution Channel, By
Region, And Segment Forecasts, 2019 - 2025.”
The global kitchen knives market size is expected to reach USD 2.08 billion by 2025 registering a
CAGR of 8.6%, according to a new report by Grand View Research, Inc. Growing popularity of
reality shows, such as Top Chef, MasterChef, Hell's Kitchen, Iron Chef, and Chopped, which have
renewed the arena of cooking, is the key growth-driving factor for the market. Moreover, cooking
has become a prominent career choice, which is estimated to have a positive impact on the product
demand. Increased importance of visual appeal in various food dishes will drive the product demand
over the next few years. Rising impact of social media platforms will also fuel the market growth.
Key manufacturers in this market are Friedr. Dick GmbH & Co., Global Knives, KAI USA LTD., KIYA
& Co., Ltd., MAC Knife, MASAMOTO, Mercer Culinary, Messermeister, Victorinox, Wusthof, and
Zwilling J. A. Henckels. Product development is expected to remain a critical success factor for the
market participants. Thus, major companies have increased their spending on new product
developments. For instance,
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In March 2019, Artisan Revere released Elmax, an 8.6-inch chef knife for uniform, smooth, faster
cutting. In April 2019, Peak Knife Company launched Colorado 14ers chef's knife made of German
1.4116 steel.
Further key findings from the study suggest:
•
Stamped blade products accounted for the largest revenue share of more than 75% in
2018 owing to their easy availability and low price
•
However, hand forged manufacturing products are expected to witness the fastest growth
at a CAGR of 9.1% from 2019 to 2025
•
Commercial application is expected to be the fastest-growing segment over the next few
years. Increasing number of eateries and restaurants is pushing the use of knives in
commercial sector
•
Based on product size, 5-7 inch knives was the largest segment in 2018 and accounted for
more than 35% of the overall market share
•
Convenience stores segment led the global kitchen knives market in 2018. However,
online channel segment will register the maximum CAGR from 2019 to 2025
•
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of over 9%
during the forecast period
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Table of Contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
Chapter 2. Executive Summary
2.1. Market Outlook
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2.2. Segmental Outlook
Continued…
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