Market revenue in 2021 | USD 111.3 million |
Market revenue in 2030 | USD 174.4 million |
Growth rate | 5.1% (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 |
Steel was the largest segment with a revenue share of 61.37% in 2021. Horizon Databook has segmented the Brazil knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
The growing usage of knives in the food processing industry for tasks such as cutting, trimming, slitting, and slicing meat, poultry, pork, fruit, vegetables, and bakery items is likely to enhance the demand for knives in the region throughout the forecast period 2022 – 2030.
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