About Kitchen Knives
The rising popularity of reality shows such as Top Chef, MasterChef, Hell's Kitchen, Iron Chef, and Chopped, which have revitalized the food world, is the market's primary growth driver. Furthermore, cooking has become a popular career choice, which is expected to boost the demand for kitchen knives. Furthermore, throughout the forecast period, the growing number of restaurants and eateries would generate new chances for the kitchen knives market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new product launches, and collaborations as their preferred strategies. The key players are competing through innovations in the knife to gain popularity in the market. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Kitchen Knives market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dick GmbH & Co. (Germany), GLOBAL KNIVES (Japan), KAI USA LTD. (United States), KIYA & Co. Ltd. (Japan), MAC Knife (Japan), MASAMOTO (Japan), Mercer Culinary (United States), Messermeister (United States), Victorinox (Switzerland) and Wüsthof (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Zwilling J. A. Henckels (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Kitchen Knives market by Type (Chinese Style Knife, Japanese Style Knife, West Style Knife and Others), Application (Home Use, Commerical Use and Other) and Region.
On the basis of geography, the market of Kitchen Knives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Cutting Edge, the sub-segment i.e. Plain will boost the Kitchen Knives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Convenience Stores will boost the Kitchen Knives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Size, the sub-segment i.e. 3-5 Inches will boost the Kitchen Knives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Manufacturing Process, the sub-segment i.e. Hand Forged will boost the Kitchen Knives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Advanced Products
Market Growth Drivers:
Rising Popularity of Reality Shows, such as Master Chef, Top Chef, Hell’s Kitchen, Iron Chef, and Chopped and High Demand due to its Benefit of Affordability and Portability of Kitchen Knives
Challenges:
Availability of Other Cutting Tools and Devices
Restraints:
Increasing Cost of Raw Material
Opportunities:
Rising Number of Restaurants and Eateries and Constant Innovations related to Design, Cutting Technology, Blade Styles
Market Leaders and their expansionary development strategies
In January 2024, Kadant Inc., has completed its previously announced acquisition of Key Knife, Inc. and certain of its affiliates for approximately USD 156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant's revolving credit facility.
In August 2022, AnyMind Group’s D2C offerings and created by UUUM’s exclusive creator Tsuriyokadesyou, has launched its sixth product collection a set of the highest quality kitchen knives made in Tsubame-Sanjo, Niigata Prefecture, and cutting boards made in Japan using high-tech wood and rubber materials.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Kitchen Knives Manufacturer, Raw Materials Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.