Market Overview:
The global box cutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety cutters and the growing retail sector. The traditional box cutter segment is expected to dominate the market during the forecast period, owing to its low cost and easy availability. However, with an increase in awareness about safety among consumers, the safety cutter segment is projected to grow at a higher rate than traditional box cutters during the forecast period. In terms of applications, retail is expected to be one of the fastest-growing segments due to rising demand for packaged food and beverages across regions.
Product Definition:
A box cutter is a sharp instrument used to cut through the tape or cardboard that seals the edges of boxes. Box cutters are an important tool for opening boxes, as they are much easier to use than scissors.
Traditional Box Cutter:
Traditional Box cutter is a manual or motor-driven device used to cut the corrugated packaging products such as boxes, trays and folding cartons. The traditional box cutter has been witnessing significant growth in recent years owing to its increasing demand from various end-use industries including food & beverages, pharmaceuticals and consumer goods among others. The growing e-commerce industry across the globe is expected to be one of the key drivers for this market over the forecast period.
Safety Cutter:
Safety cutter is a device used to cut the barbed wire in order to make safe passage for workers. It is mainly used in hazardous areas such as factories, construction sites, and oil fields where the presence of barbed wire fencing or metal netting enclosures may be encountered. The safety cutter consists of an armature that rotates around a stationary post and has two cutting heads; one head is fixed while other follows it with high speed.
Application Insights:
The retail application segment led the global box cutters market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing online shopping activities across various countries worldwide. Logistics and warehouse are among the fastest-growing segments owing to increased e-commerce activities, which is expected to fuel demand for box cutters in near future.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are witnessing strong economic growth owing to increasing foreign investments in various sectors of the economy such as manufacturing, construction, automotive and others.
The growing population coupled with rapid urbanization has led to an increase in demand for consumer electronics across Asia Pacific region which will drive product demand further.
Growth Factors:
- Increasing demand for box cutters in the packaging and shipping industry as a result of the growth of e-commerce.
- The increasing popularity of do-it-yourself projects, which has led to an increase in demand for box cutters among consumers.
- The growing use of box cutters in schools and other educational institutions as a tool for teaching basic cutting skills.
- The increasing use of box cutters by professional tradespeople for precision cutting tasks.
- Advances in blade technology that have made box cutters more durable and easier to use than ever before
Scope Of The Report
Report Attributes
Report Details
Report Title
Box Cutters Market Research Report
By Type
Traditional Box Cutter, Safety Cutter
By Application
Retail, Logistic, Home, Construction, Electronic, Chemical, Medical, Automotive, Aerospace & Defense, Others(Oil & Energy, etc.)
By Companies
Stanley, Xingwei Cutting-Tools, Apex Tool Group, Snap-on Inc, Tajima Tool, Milwaukee Tool, Great Star, Wurth Group, MARTOR, Pacific Handy Cutter, Slice, Inc., Pro'skit, Great Wall Precision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Box Cutters Market Report Segments:
The global Box Cutters market is segmented on the basis of:
Types
Traditional Box Cutter, Safety Cutter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Logistic, Home, Construction, Electronic, Chemical, Medical, Automotive, Aerospace & Defense, Others(Oil & Energy, etc.)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley
- Xingwei Cutting-Tools
- Apex Tool Group
- Snap-on Inc
- Tajima Tool
- Milwaukee Tool
- Great Star
- Wurth Group
- MARTOR
- Pacific Handy Cutter
- Slice, Inc.
- Pro'skit
- Great Wall Precision
Highlights of The Box Cutters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traditional Box Cutter
- Safety Cutter
- By Application:
- Retail
- Logistic
- Home
- Construction
- Electronic
- Chemical
- Medical
- Automotive
- Aerospace & Defense
- Others(Oil & Energy, etc.)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Box Cutters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Box cutters are a type of kitchen knife that have a serrated edge on one side and a straight edge on the other. They are used to cut through boxes, packaging, and other materials.
Some of the major players in the box cutters market are Stanley, Xingwei Cutting-Tools, Apex Tool Group, Snap-on Inc, Tajima Tool, Milwaukee Tool, Great Star, Wurth Group, MARTOR, Pacific Handy Cutter, Slice, Inc., Pro'skit, Great Wall Precision.
The box cutters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Box Cutters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Box Cutters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Box Cutters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Box Cutters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Box Cutters Market Size & Forecast, 2020-2028
4.5.1 Box Cutters Market Size and Y-o-Y Growth
4.5.2 Box Cutters Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Traditional Box Cutter
5.2.2 Safety Cutter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Logistic
6.2.3 Home
6.2.4 Construction
6.2.5 Electronic
6.2.6 Chemical
6.2.7 Medical
6.2.8 Automotive
6.2.9 Aerospace & Defense
6.2.10 Others(Oil & Energy
6.2.11 etc.)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Box Cutters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Box Cutters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Traditional Box Cutter
9.6.2 Safety Cutter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Logistic
9.10.3 Home
9.10.4 Construction
9.10.5 Electronic
9.10.6 Chemical
9.10.7 Medical
9.10.8 Automotive
9.10.9 Aerospace & Defense
9.10.10 Others(Oil & Energy
9.10.11 etc.)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Traditional Box Cutter
10.6.2 Safety Cutter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Logistic
10.10.3 Home
10.10.4 Construction
10.10.5 Electronic
10.10.6 Chemical
10.10.7 Medical
10.10.8 Automotive
10.10.9 Aerospace & Defense
10.10.10 Others(Oil & Energy
10.10.11 etc.)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Traditional Box Cutter
11.6.2 Safety Cutter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Logistic
11.10.3 Home
11.10.4 Construction
11.10.5 Electronic
11.10.6 Chemical
11.10.7 Medical
11.10.8 Automotive
11.10.9 Aerospace & Defense
11.10.10 Others(Oil & Energy
11.10.11 etc.)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Traditional Box Cutter
12.6.2 Safety Cutter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Logistic
12.10.3 Home
12.10.4 Construction
12.10.5 Electronic
12.10.6 Chemical
12.10.7 Medical
12.10.8 Automotive
12.10.9 Aerospace & Defense
12.10.10 Others(Oil & Energy
12.10.11 etc.)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Traditional Box Cutter
13.6.2 Safety Cutter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Logistic
13.10.3 Home
13.10.4 Construction
13.10.5 Electronic
13.10.6 Chemical
13.10.7 Medical
13.10.8 Automotive
13.10.9 Aerospace & Defense
13.10.10 Others(Oil & Energy
13.10.11 etc.)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Box Cutters Market: Competitive Dashboard
14.2 Global Box Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley
14.3.2 Xingwei Cutting-Tools
14.3.3 Apex Tool Group
14.3.4 Snap-on Inc
14.3.5 Tajima Tool
14.3.6 Milwaukee Tool
14.3.7 Great Star
14.3.8 Wurth Group
14.3.9 MARTOR
14.3.10 Pacific Handy Cutter
14.3.11 Slice, Inc.
14.3.12 Pro'skit
14.3.13 Great Wall Precision
