PUBLISHER: The Business Research Company | PRODUCT CODE: 1790905
PUBLISHER: The Business Research Company | PRODUCT CODE: 1790905
Cutlery And Hand Tools Global Market Report 2025
Cutlery and hand tools encompass a range of versatile, metal-based instruments that are more cost-effective than power tools. Artisans use these tools for various manual tasks such as cutting, chiseling,sawing, filing, or forging, enabling them to work without relying on power sources and operate at any time.
The primary types of cutlery and hand tools include metal kitchen cookware, utensils, cutlery, flatware, saw blades, and general hand tools. Utensils specifically pertain to cookware used in the cooking process. Sales channels for these tools include online sales, direct sales by companies, and other distribution channels. Cutlery and hand tools find applications in both households and commercial settings.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp rise in U.S. tariffs and the resulting trade tensions in spring 2025 are having a significant impact on the metals and minerals sector, disrupting supply chains for automakers, appliance manufacturers, and infrastructure projects. With reduced competition from imports, domestic mills have increased prices, yet capacity limitations hinder their ability to fully meet demand. At the same time, mining companies are facing challenges from retaliatory tariffs on key mineral exports, especially lithium and rare earth elements. In response, industry participants are ramping up investments in scrap metal recycling, seeking tariff exemptions, and forming joint ventures with international producers to ensure a more reliable supply chain.
The cutlery and hand tools market research report is one of a series of new reports from The Business Research Company that provides cutlery and hand tools market statistics, including cutlery and hand tools industry global market size, regional shares, competitors with a cutlery and hand tools market share, detailed cutlery and hand tools market segments, market trends and opportunities, and any further data you may need to thrive in the cutlery and hand tools industry. This cutlery and hand tools market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The cutlery and hand tools market size has grown steadily in recent years. It will grow from $152.61 billion in 2024 to $158.4 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to construction and infrastructure development, automotive industry demand, home improvement trends, innovation in tool design, consumer preferences for quality and durability.
The cutlery and hand tools market size is expected to see steady growth in the next few years. It will grow to $188.96 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to rise of e-commerce in retail, focus on ergonomics and user comfort, smart and connected tools, sustainable manufacturing practices, diy and home improvement culture. Major trends in the forecast period include eco-friendly materials, advanced materials for durability, ergonomic design, integration of smart technologies, customization and personalization, hygiene and anti-microbial properties.
The forecast of 4.5% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through higher retail prices for household and professional tools, as tariffs on imports from China and Taiwan squeeze profit margins for distributors and retailers. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The anticipated growth in the cutlery and hand tool manufacturing market is driven by rapid advancements in wireless technology and miniaturization. This involves designing smaller components for equipment, fostering innovation in the industry. Additionally, the adoption of technologies such as 3D printing, artificial intelligence, and big data analytics during the manufacturing process is enhancing productivity, reducing operating costs, and improving profit margins. For instance, internet traffic is projected to triple from earlier in 2022, with the share of IoT devices expected to increase by 28% by 2025, providing companies with opportunities to expand production and diversify their product portfolios.
The increasing interest in home improvement projects is set to contribute to the growth of the cutlery and hand tools market. Home improvement, involving enhancements and renovations to residential properties, creates a demand for a variety of hand tools such as hammers, screwdrivers, pliers, wrenches, and measuring tools. The rising trend of DIY projects for home enhancement, as reported by Angi in January 2022, where homeowners spent significant amounts on their largest improvement projects, is driving the demand for essential hand tools. Renovation tasks in kitchens and bathrooms were the costliest, indicating a growing market for tools in the home improvement sector.
Leading companies in the cutlery and hand tools market are focusing on developing lightweight products, such as ceramic kitchen knives, to achieve a competitive edge. Ceramic kitchen knives are lightweight and durable cutting tools made from advanced ceramic materials like zirconia, which provide long-lasting sharpness and rust resistance. For example, in August 2023, Kyocera International, Inc., a US-based manufacturing company, launched INNOVATIONWHITE, a new line of colorful ceramic kitchen knives. Available in five handle colors for a limited time on Indiegogo, these knives feature a patented zirconia-alumina blend that enhances their sharpness, making them twice as sharp as Kyocera's previous ceramic blades. The ergonomic handle is designed for a secure grip, improving cutting techniques, while the lightweight design ensures easy handling.
Major companies in the cutlery and hand tools market are concentrating on product innovation, introducing battery-operated hand tools to cater to larger customer bases, boost sales, and increase revenue. Battery-operated hand tools, powered by rechargeable or disposable batteries, offer portability without the need for traditional power sources. For example, Signode Industrial Group LLC launched the BPT steel strapping hand tool in February 2022. This battery-operated tool is suitable for various steel strapping applications, offering high tension force for heavy-duty stationary or mobile tasks. With the capability to operate for up to 500 cycles on a single battery charge, the tool ensures continuous, uninterrupted operation and mobility throughout the plant. Intelligent features, including visual and audio indications, contribute to electronically controlled and repeatable strapping operations.
Major companies operating in the cutlery and hand tools market include Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., Snap-on Inc., Griffon Corporation, Kennametal Inc., Apex Tool Group, Fiskars Group, Blount International Inc., Lifetime Brands Inc., Klein Tools Inc., Hultafors Group, The DeWalt Industrial Tool Company, Acme United Corporation, Zwilling J. A. Henckels AG, Leatherman Tool Group Inc., Wusthof, Vaughan & Bushnell Manufacturing Co., Irwin Industrial Tools, Channellock Inc., Buck Knives Inc., The Benchmade Knife Company, Estwing Manufacturing Company, Bruder Mannesmann AG, SOG Specialty Knives Inc., Spyderco Inc., Victorinox Swiss Army Inc., Cold Steel Inc., Columbia River Knife & Tool Inc., A mora knife
The Asia-Pacific was the largest region in the cutlery and hand tools market in 2024. Western Europe was the second-largest region in the cutlery and hand tools market. The regions covered in the cutlery and hand tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cutlery and hand tools market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The cutlery and hand tools market consists of sales of bakeware, measuring cups, and knives. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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Scope
Table of Contents
1. Executive Summary
2. Cutlery And Hand Tools Market Characteristics
3. Cutlery And Hand Tools Market Trends And Strategies
4. Cutlery And Hand Tools Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
- 4.1. Supply Chain Impact from Tariff War & Trade Protectionism
5. Global Cutlery And Hand Tools Growth Analysis And Strategic Analysis Framework
- 5.1. Global Cutlery And Hand Tools PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Cutlery And Hand Tools Market Growth Rate Analysis
- 5.4. Global Cutlery And Hand Tools Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Cutlery And Hand Tools Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
6. Cutlery And Hand Tools Market Segmentation
7. Cutlery And Hand Tools Market Regional And Country Analysis
8. Asia-Pacific Cutlery And Hand Tools Market
9. China Cutlery And Hand Tools Market
10. India Cutlery And Hand Tools Market
11. Japan Cutlery And Hand Tools Market
12. Australia Cutlery And Hand Tools Market
13. Indonesia Cutlery And Hand Tools Market
14. South Korea Cutlery And Hand Tools Market
15. Bangladesh Cutlery And Hand Tools Market
16. Thailand Cutlery And Hand Tools Market
17. Vietnam Cutlery And Hand Tools Market
18. Malaysia Cutlery And Hand Tools Market
19. Singapore Cutlery And Hand Tools Market
20. Philippines Cutlery And Hand Tools Market
21. Hong Kong Cutlery And Hand Tools Market
22. New Zealand Cutlery And Hand Tools Market
23. Western Europe Cutlery And Hand Tools Market
24. UK Cutlery And Hand Tools Market
25. Germany Cutlery And Hand Tools Market
26. France Cutlery And Hand Tools Market
27. Italy Cutlery And Hand Tools Market
28. Spain Cutlery And Hand Tools Market
29. Spain Cutlery And Hand Tools Market
30. Austria Cutlery And Hand Tools Market
31. Belgium Cutlery And Hand Tools Market
32. Denmark Cutlery And Hand Tools Market
33. Finland Cutlery And Hand Tools Market
34. Ireland Cutlery And Hand Tools Market
35. Netherlands Cutlery And Hand Tools Market
36. Norway Cutlery And Hand Tools Market
37. Portugal Cutlery And Hand Tools Market
38. Sweden Cutlery And Hand Tools Market
39. Switzerland Cutlery And Hand Tools Market
40. Eastern Europe Cutlery And Hand Tools Market
41. Russia Cutlery And Hand Tools Market
42. Czech Republic Cutlery And Hand Tools Market
43. Poland Cutlery And Hand Tools Market
44. Romania Cutlery And Hand Tools Market
45. Ukraine Cutlery And Hand Tools Market
46. North America Cutlery And Hand Tools Market
47. USA Cutlery And Hand Tools Market
48. Canada Cutlery And Hand Tools Market
50. South America Cutlery And Hand Tools Market
51. Brazil Cutlery And Hand Tools Market
52. Chile Cutlery And Hand Tools Market
53. Argentina Cutlery And Hand Tools Market
54. Colombia Cutlery And Hand Tools Market
55. Peru Cutlery And Hand Tools Market
56. Middle East Cutlery And Hand Tools Market
57. Saudi Arabia Cutlery And Hand Tools Market
58. Israel Cutlery And Hand Tools Market
59. Iran Cutlery And Hand Tools Market
60. Turkey Cutlery And Hand Tools Market
61. United Arab Emirates Cutlery And Hand Tools Market
62. Africa Cutlery And Hand Tools Market
63. Egypt Cutlery And Hand Tools Market
64. Nigeria Cutlery And Hand Tools Market
65. South Africa Cutlery And Hand Tools Market
66. Cutlery And Hand Tools Market Competitive Landscape And Company Profiles
67. Cutlery And Hand Tools Market Other Major And Innovative Companies
68. Global Cutlery And Hand Tools Market Competitive Benchmarking And Dashboard
69. Key Mergers And Acquisitions In The Cutlery And Hand Tools Market
70. Recent Developments In The Cutlery And Hand Tools Market
71. Cutlery And Hand Tools Market High Potential Countries, Segments and Strategies
72. Appendix
