China Knife Market Size & Outlook, 2021-2030
China knife market, 2017-2030 (US$M)
Related Markets
China knife market highlights
- The China knife market generated a revenue of USD 263.6 million in 2021 and is expected to reach USD 476.6 million by 2030.
- The China market is expected to grow at a CAGR of 6.8% 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 263.6 million |
| Market revenue in 2030 | USD 476.6 million |
| Growth rate | 6.8% (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, China accounted for 6.9% 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 61.76% in 2021. Horizon Databook has segmented the China knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
The knife market in China is expanding due to the rising demand for fashionable, sleek, and comfortable knives. Steel knives are becoming more popular due to their ease of use in a variety of applications, including cooking, sports, and adventure activities. This tendency will continue to drive innovation and new product development, resulting in market expansion.
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Knife Market Scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
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China knife market size, by material, 2017-2030 (US$M)
China Knife Market Outlook Share, 2021 & 2030 (US$M)
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