Press release
Kitchen Knife Market 2022 Trends, Analysis, Growth, Opportunities, Forecast to 2028
The global kitchen knife market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028).A kitchen knife is any knife that is intended to be used in food preparation. A knife is one of the most vital tools used for the preparation of a dish in a kitchen. Usage of this product as compared to regular knife include easy to use and have control over slicing and makes chopping efficient. Chef's knives are made of high-carbon stainless steel, which is a very hard metal that keeps its edge for a long time and won't discolor or rust like ordinary carbon steel. The growing number of people taking cooking as their career choice of work increases the usage of the product.
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The rising number of cafeterias in schools, colleges, workplaces are driving the growth of the market. The manufacturers also focus on the products which are long-lasting, safer to use, and cost-efficient. Additionally, the increasing number of restaurant owners and street food all over the world rises the demand for the product as the stall owners often go for high-end and durable products as compared to a regular knife which does not long last. These are some factors accelerating the growth of the market. However, rising cost of natural resources for the production of kitchen knives such as iron, bronze, copper, brass, and others are the restraining factor for the growth of the global kitchen knife market.
Some major players in the market include Zwilling J.A. Henckels, Mac Knife, and Kai USA Ltd., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.
Recent Strategic Initiatives
• In March 2020, JRL Group declared licensing partnership with band partners group to advance and market a line of kitchen gadgets including kitchen knives through the Ginsu brands.
• In January 2020, British cutlery brands Viners announced the launch of a new collection of kitchen knives. This knife is a new generation of kitchen knife which comes with a safety front.
• In March 2019, Artisan Revere released Elmax, an 8.6-inch chef knife for uniform, smooth, faster cutting.
Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Material Type
o By Application
o By Size
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Zwilling J.A. Henckels, Mac Knife, and Kai USA Ltd., among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Kitchen Knife Market Report by Segment
By Material Type
• Steel
• Plastic
• Titanium
By Application
• Household
• Commercial
By Size
• 3-6 Inches
• 6-9 Inches
• 9-12 Inches
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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