Spain Knife Market Size & Outlook, 2021-2030

The knife market in Spain is expected to reach a projected revenue of US$ 164.1 million by 2030. A compound annual growth rate of 5.4% is expected of Spain knife market from 2022 to 2030.
Revenue, 2021 (US$M)
$102.4
Forecast, 2030 (US$M)
$164.1
CAGR, 2022 - 2030
5.4%
Report Coverage
Spain

Spain knife market highlights

  • The Spain knife market generated a revenue of USD 102.4 million in 2021 and is expected to reach USD 164.1 million by 2030.
  • The Spain market is expected to grow at a CAGR of 5.4% 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 2021USD 102.4 million
Market revenue in 2030USD 164.1 million
Growth rate5.4% (CAGR from 2021 to 2030)
Largest segmentSteel
Fastest growing segmentCeramic
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSteel, Titanium, Ceramic
Key market players worldwideStanley 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, Spain accounted for 2.7% 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 Europe, UK knife market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 386.4 million by 2030.

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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Spain knife market size, by material, 2017-2030 (US$M)

Spain Knife Market Outlook Share, 2021 & 2030 (US$M)

Spain knife market size, by material, 2017-2030 (US$M)

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