The global Kitchen Knife market is valued at 1741 Million USD in 2018 and will reach 2509 Million USD by the end of 2025, growing at a CAGR of 5.36% during 2019-2025.
About Kitchen Knife:
A kitchen knife is any knife that is intended to be used in food preparation. While much of this work can be accomplished with a few general-purpose knives - notably a large chef's knife, a tough cleaver, and a small paring knife - there are also many specialized knives that are designed for specific tasks. Kitchen knives can be made from several different materials.
The market is segmented on the basis of product which comprises of Chinese Style, Japanese Style, and West Style. The handles of kitchen knives can be made from a number of different materials, each of which has advantages and disadvantages. The blade of kitchen knives can be made from stainless steel, carbon steel, ceramic and etc.
The Kitchen Knife manufacturing industry has a low level of market share concentration. The top five operators will account for about 27% of industry revenue in 2018. Groupe SEB, the industry's largest player, holds a significantly larger portion of revenue than any of its competitors at 8.43% of the industry's total. Large companies benefit from brand recognition and consumer preferences.
Key manufacturers are Groupe SEB, Kai Corporation, Zwilling JA Henckels, Victorinox, Cutco Corporation, Wüsthof Dreizack, Shibazi, Fiskars Corporation, F. Dick, Ginsu Knife, MAC Knife, Yoshida Metal Industry, CHROMA Cnife, Zhangxiaoquan, Kyocera, TOJIRO, KitchenAid, Dexter-Russell, Wangmazi, BergHOFF, Chan Chi Kee, Cuisinart, MCUSTA Zanmai, Robert Welch, Füri, Mundial, Coltellerie Sanelli , Spyderco and etc. USA and Europe’s demand for cutlery is much larger than its production.
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