Australia Knife Market Size & Outlook, 2021-2030
Australia knife market, 2017-2030 (US$M)
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Australia knife market highlights
- The Australia knife market generated a revenue of USD 66.7 million in 2021 and is expected to reach USD 111.1 million by 2030.
- The Australia market is expected to grow at a CAGR of 5.8% 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 66.7 million |
| Market revenue in 2030 | USD 111.1 million |
| Growth rate | 5.8% (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, Australia accounted for 1.8% 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 Asia Pacific, China knife market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 349.4 million by 2030.
Steel was the largest segment with a revenue share of 60.12% in 2021. Horizon Databook has segmented the Australia knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
Increased knife applications, combined with a diverse range of products for various purposes, are likely to boost the growth of the Australian knife market. Knives are also utilized in the culinary industry for food preparation and handling. The food industry's growing need for knives is a primary driver of the Australian knife market.
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Knife Market Scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia knife market size, by material, 2017-2030 (US$M)
Australia Knife Market Outlook Share, 2021 & 2030 (US$M)
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