India Knife Market Size & Outlook, 2021-2030
The knife market in India is expected to reach a projected revenue of US$ 349.4 million by 2030. A compound annual growth rate of 8.1% is expected of India knife market from 2022 to 2030.
Revenue, 2021 (US$M)
$173.7
Forecast, 2030 (US$M)
$349.4
CAGR, 2022 - 2030
8.1%
Report Coverage
India
Related Markets
India knife market highlights
- The India knife market generated a revenue of USD 173.7 million in 2021 and is expected to reach USD 349.4 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% 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 173.7 million |
| Market revenue in 2030 | USD 349.4 million |
| Growth rate | 8.1% (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 |
Other key industry trends
- In terms of revenue, India accounted for 4.6% 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 61.54% in 2021. Horizon Databook has segmented the India knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
Knives have grown in popularity as they are an indispensable instrument that may be used for a variety of tasks. The tool has been shown to assist consumers to ease their lives across a variety of tasks, including food cutting, clothing trimming and tearing, woodworking, and more.
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Knife Market Scope
Knife market segmentation & scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Klein Tools | View profile | 1001-5000 | Lincolnshire, Illinois, United States, North America | https://www.kleintools.com/ |
| U.S. Blade | View profile | 11-50 | Cranford, New Jersey, United States, North America | http://usblade.com |
| Hyde Tools | View profile | 11-50 | Southbridge, Massachusetts, United States, North America | https://hydetools.com/ |
| Olfa | View profile | 11-50 | Osaka, Osaka, Japan, Asia | https://www.olfa.co.jp/en/ |
| Apex Tool Group | View profile | 5001-10000 | Sparks Glencoe, Maryland, United States, North America | http://www.apextoolgroup.com/ |
| Milwaukee Tool | View profile | 10001+ | Brookfield, Wisconsin, United States, North America | https://www.milwaukeetool.com |
| Q.E.P. Co Inc | View profile | 714 | 1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, United States, 33487 | https://www.qep.com |
| Gerber Life Insurance Company | View profile | 251-500 | Fremont, Missouri, United States, North America | http://gerberlife.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
India knife market size, by material, 2017-2030 (US$M)
India Knife Market Outlook Share, 2021 & 2030 (US$M)
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