Press release
Knife Market Size May Set A New Epic Growth Story | Milwaukee Tool, Gerber
The increasing number of restaurants and the growing need for knives in commercial applications such as construction, sports, restaurants, and many others, coupled with the introduction of advanced knives with various types of blades are the chief factors excelling the market demand across the globe. For instance, in November 2021, Crescent Tools upgrades the company's Crescent Camo Pocket Knife and Crescent Wiss Camo Tradesman Shears.
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Request To Download Sample of This Strategic Report:-The upgraded knife cutting tools are considered the best alternative for hunting, camping, fishing, boating, and further outdoor activities. Similarly, in June 2021, Peak Spec announced the introduction of an innovative sleek multipurpose pocket knife to perform cutting activities. Consequentially, the launch of innovative knives is exhibiting a positive influence on the growth of the global market. However, the execution of stringent government regulations on the manufacture, import, sell, and transport of knives impede the growth of the market over the forecast period of 2022-2028. Also, the rising availability of products on e-commerce platforms and the growing trend of adventure activities such as camping and adventure are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Knife Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the rising number of outdoor activities such as hiking and camping, along with growing applications in commercial sector. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing number of households, as well as growing food outlets, would create lucrative growth prospects for the Knife Market across the Asia-Pacific region.
Major market players included in this report are:
Olfa Corporation
Stanley Black & Decker, Inc.
Milwaukee Tool
Gerber
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Blade Manufacturing Co. Inc.
Hyde Tools, Inc.
Roberts Consolidated Industries, Inc.
Apex Tool Group LLC
Klein Tools, Inc.
Fiskars Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material:
Steel
Titanium
Ceramic
Others
By Type:
Folding Blade
Fixed Blade
Side Slide
By Application:
Household
Commercial
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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