India Knife Market Size & Outlook, 2021-2030
India knife market, 2017-2030 (US$M)
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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 Companies
| Name | Profile | # Employees | HQ | Website |
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India knife market size, by material, 2017-2030 (US$M)
India Knife Market Outlook Share, 2021 & 2030 (US$M)
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