Knife Market, By Product Type, By Distribution Channel, and By Region

Description

Knife Market is estimated to be valued at USD 2.61 Bn in 2025 and is expected to reach USD 3.55 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 2.61 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	4.50%	2032 Value Projection:	USD 3.55 Bn

A knife is a tool with a cutting edge attached to a handle. Various types of knives are available in the market such as kukri, bushcraft, balisongs, hunting knives, retractable knives, snap-off knives, specialty knives, carpet knives, machete, pocket knives, whittling, safety knives, folding knives, Scandinavian knives, bowie knife, survival knife, skinning, fighting knives, trench knife, bayonets, boot knives, etc. Knife blades are also available in various materials such as stainless steel, carbon steel, titanium, ceramic, and plastic. Stainless steel is the most common material used in knives.

Market Dynamics

Among distribution channels, e-commerce distribution channels are expected to gain traction during the forecast period. Increasing internet penetration in emerging economies such as China and India, ease in comparing prices, review of products, and ease of delivery through e-commerce sites are major factors driving growth of the segment. For instance, according to the Internet and Mobile Association of India (IAMAI), the number of internet users in India reached 500 million in June 2018. Furthermore, the mass retail distribution channel is estimated to account for a significant market share in the global knife market. The global mass retail market is highly fragmented with over 250 major retail players, worldwide. According to the National Retail Federation (U.S.), top 10 retailers had a market share of over 30% as of 2018 and they compete for higher market capitalization at a global level. According to the same source, Walmart leads the mass retail business with a global revenue of USD 500.34 Bn in 2018. Wide range of product offerings and discounts make mass retailer's the best choice for customers. Mass retailers offer different types of knives such as fixed, retractable, snap-off, safety, folding, specialty, carpet and hobby of major manufacturers such as Stanley, Milwaukee, Irwin, WorkPro, Dewalt, Pacific Handy Cutter, Olfa, and others.

Among regions, Asia Pacific is expected to hold dominant position in the market during the forecast period owing to presence of a large construction industry in the region. Retractable and folding knives are utilized majorly in the construction industry, as a result growth of the construction industry is expected to drive demand for the knives market in Asia Pacific. For instance, according to the Global Construction 2030 perspective and Oxford Economies, in 2016, the global construction industry was valued at USD 9.5 trillion which is expected to grow by 85% to USD 17.5 trillion by 2030 with China, the U.S., and India accounting for 57% of the global share. Moreover, according to India Brand Equity Foundation, by 2025, India is expected to overtake Japan as the third largest construction market with growth averaging 7.4%, annually.

Key features of the study

This report provides in-depth analysis of knife market and provides market size (USD Bn) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2019 - 2027), considering 2018 as the base year.
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by key players.
It profiles key players in the global knife market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
Key companies covered as a part of this study include Olfa Corporation, Stanley Black & Decker, Inc., Milwaukee Electric Tool Corporation, Irwin Industrial Tools, Workpro, DeWalt, Pacific Handy Cutter Inc., Hyde Tools Inc., Craftsman, U.S. Blade Manufacturing Co. Inc., Roberts Consolidated Industries, Inc., Q.E.P. Co., Inc., Apex Tool Group, LLC, Fiskars Group, and Klein Tools, Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up-gradation, market expansion, and marketing tactics.
The global knife market report caters to various stakeholders in this industry including investors, suppliers, knife manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the knife market.

Market Segmentation

By Product Type
- Retractable Knife
- Fixed Knife
- Snap-off Knife
- Safety Knife
- Folding Knife
- Specialty Knife
- Carpet Knife
- Hobby Knife
- Others
By Distribution Channel
- Home Center & Hardware
- Mass Retail
- E-commerce
- Others
By Geography
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Olfa Corporation
- Stanley Black & Decker, Inc.
- Milwaukee Electric Tool Corporation
- Irwin Industrial Tools
- Workpro
- DeWalt
- Pacific Handy Cutter Inc.
- Hyde Tools Inc.
- Craftsman
- S. Blade Manufacturing Co. Inc.
- Roberts Consolidated Industries, Inc.
- E.P. Co., Inc.
- Apex Tool Group, LLC
- Fiskars Group
- Klein Tools, Inc.

Product Code: CMI3304

1. Research Objective and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Opportunities
- Regulatory Scenario
- Industry Trends
- Mergers, Acquisitions, and Collaborations
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
Cost Tier Down Analysis

4. Global Knife Market, By Product Type, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Retractable Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Fixed Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Snap-off Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Safety Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Folding Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Specialty Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Carpet Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Hobby Knife
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)

5. Global Knife Market, By Distribution Channel, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Home Center & Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Mass Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
E-commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (USD Bn)

6. Global Knife Market, By Region, 2020-2032, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Regions, 2021 - 2032
North America
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - U.S
  - Canada
Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - U.K.
  - Germany
  - Italy
  - Russia
  - Spain
  - France
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - India
  - China
  - Japan
  - Australia
  - ASEAN
  - South Korea
  - Rest of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - Mexico
  - Argentina
  - Brazil
  - Rest of Latin America
Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020-2032, (USD Bn)
- Market Size and Forecast, By Distribution Channel, 2020-2032, (USD Bn)
- Market Size and Forecast, By Country, 2020-2032, (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

7. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Olfa Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Stanley Black & Decker, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Milwaukee Electric Tool Corporation
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Irwin Industrial Tools
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Workpro
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- DeWalt
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Pacific Handy Cutter Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Hyde Tools, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Craftsman.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- U.S. Blade Manufacturing Co. Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Roberts Consolidated Industries, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Q.E.P. Co., Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Apex Tool Group, LLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Fiskars Group.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
- Klein Tools, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Recent Developments/Updates
  - Future Plans
  - Analysts' Views

8. Section

References
Research Methodology
About us and Sales Contact