Knives Market Size, Share and Trends Analysis Report by Material, by Type, by Application, by Region and Segment Forecast, 2022
Knives Market Size, Share and Trends Analysis Report by Material (Steel, Titanium, Ceramic), by Type (Folding Blade, Fixed Blade, Side Slide), by Application, by Region and Segment Forecast , 2022-2030
New York, July 7 2022, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Analysis Report of Knives Market Size, Share and Trends by Material, by Type, by Application, by Region and Segment Forecast, 2022-2030” – https://www.reportlinker.com/p06291046/?utm_source=GNW
Knife Market Growth and Trends
The global knife market size is expected to reach USD 6.41 billion by 2030. The market is expected to grow at a CAGR of 6.0% from 2022 to 2030. The increase in knife applications and the availability of a Diverse range of knives for various purposes are expected to boost the market growth.
Different types of knives are used for DIY and woodworking projects, cutting and tearing clothing, protection and self-defense. Knives are also used to cut clamshells, cardboard and other types of packaging, mark materials like drywall, cut excess material from a rubber or injection molded plastic, and cut materials bonding materials such as cables, packing tape or plastic strapping.
Camping knives are used for a wide range of tasks. Splitting kindling, assisting with food preparation, starting and tending the fire, and whittling tent pegs, wooden figurines, or a marshmallow roasting stick are just a few. uses of knives in a campsite.
These tools can also be used to skin a fish, perform water rescues, and cut cables and ropes in survival scenarios for more expert campers. They can also be used to ward off bears and fell trees in more unusual survival situations.
The most common knives used in these scenarios are daggers, Swiss Army knives, and pocket knives.
Steel is suitable for a variety of uses given favorable characteristics such as hardness, toughness, edge retention, corrosion resistance and achievable sharpness, all of which are factors to consider. For example, a blade made of low carbon steel or mild steel, on the other hand, is inexpensive to create.
A low carbon blade is more durable. High-carbon (or high-alloy, in some listings) materials have significantly higher hardness, but must be carefully tempered after heat treatment to avoid brittleness.
Knives are typically sold through e-commerce, hypermarkets, brand name stores, and home improvement retail stores, among other distribution channels. are generated in the e-commerce market.
This transformation is expected to be fueled by increased digitalization, smartphone usage, and increased internet access, to name a few variables.
Knives Market Report Highlights
• Europe held the largest share of income in 2021. Factors such as increased urbanization due to population growth and migration have driven the expansion of the residential sector. Rising ownership rates in various countries in Europe are also expected to drive the demand for knives during the forecast period
• The ceramic materials segment is expected to grow at the highest CAGR of 6.8% during the forecast period. Ceramic knives are lightweight and are made from zirconium dioxide, one of the hardest substances on Earth, due to which its blade stays sharp longer compared to other materials. Ceramic knives have supreme sharpness and are suitable for dicing and chopping with precision in the kitchen
• The fixed blade segment accounted for the largest share of revenue in 2021. Fixed blade knives are considered strong and durable and are used in a wide variety of applications, including cooking, survival, weapons and sports. Due to their toughness, they are preferred for tough outdoor activities such as hunting, prying windows, and wood cutting.
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