Argentina Knife Market Size & Outlook, 2021-2030
Argentina knife market, 2017-2030 (US$M)
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Argentina knife market highlights
- The Argentina knife market generated a revenue of USD 44.2 million in 2021 and is expected to reach USD 64.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 4.2% from 2022 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2021.
- Ceramic is the most lucrative material segment registering the fastest growth during the forecast period.
Knife market data book summary
| Market revenue in 2021 | USD 44.2 million |
| Market revenue in 2030 | USD 64.2 million |
| Growth rate | 4.2% (CAGR from 2021 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Ceramic |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Titanium, Ceramic |
| Key market players worldwide | Stanley Black & Decker, Gerber Life Insurance Company, Milwaukee Tool, Apex Tool Group, Olfa, Hyde Tools, U.S. Blade, Q.E.P. Co Inc, Klein Tools |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.2% of the global knife market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil knife market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 174.4 million by 2030.
Steel was the largest segment with a revenue share of 61.76% in 2021. Horizon Databook has segmented the Argentina knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
Rising urbanization in the country and increased spending on kitchen improvement projects are driving the demand for kitchen appliances and tools such as knives. Furthermore, the hospitality sector in the country is rapidly expanding, resulting in the proliferation of restaurants and subsequently creating a higher demand for knives in commercial kitchens.
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Knife Market Scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina knife market size, by material, 2017-2030 (US$M)
Argentina Knife Market Outlook Share, 2021 & 2030 (US$M)
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