Market revenue in 2021 | USD 102.4 million |
Market revenue in 2030 | USD 164.1 million |
Growth rate | 5.4% (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 62.11% in 2021. Horizon Databook has segmented the Spain knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the knife market in Spain is mainly attributed to growing household spending on household and kitchen improvement activities, likely increasing consumer spending on kitchen cookware and utensils. Moreover, in recent years, the increasing usage of knife in the kitchen is likely due to the significant growth in the number of households in Spain.
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