Market Overview:
Butter Knife Market is expected to register a CAGR of 5.5% during the forecast period (2018-2030). The market growth can be attributed to the increasing demand for butter knives in commercial and household applications. North America is expected to dominate the market during the forecast period, owing to the presence of key players in this region. Asia Pacific is projected to be fastest growing region over the forecast period, owing to rising disposable income and changing lifestyle of consumers. The global butter knife market can be segmented on the basis of type, application and region. On basis of type, global butter knife market can be segmented into large-scale and small-scale segments. Large-scale segment is anticipated witness higher growth as compared small-scale due rising demand from commercial applications such as restaurants, hotels etc.
Product Definition:
A butter knife is a small, dull knife that is used to spread butter on bread or other food items. It is typically not sharp enough to cut through the food item, and therefore cannot be used as a primary utensil for cutting or slicing. Butter knives are usually made of stainless steel or plastic and have a serrated edge that helps to grip the butter while spreading it.
Large-scale:
Large-scale is a type of knife which has broad and heavy blade. It's major application is to cut big chunk of food products like vegetables, fruits, meat etc. The growth factor for this market includes rising demand from the fast-food industry due to increasing population and changing lifestyle in developing countries including India & China.
Small-scale:
Small-scale is the stage of manufacturing industry between the large and medium scale. It includes all types of unorganized sector including household industries, workshops, small enterprises with a production capacity less than 250 kgs/year. The global small-scale industry has been growing at an average rate over the past few years and it was estimated that there would be around 1 billion units produced globally by 2010.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The demand for butter knives in commercial applications is generally higher as compared to household applications as restaurants, hotels and other food service providers prefer stainless steel blades as they are more durable and last longer than other materials used in the manufacturing of butter knives. However, changing consumer preference towards non-sticky surfaces on account of increasing hygiene concerns may impact the growth negatively.
Household application accounted for a significant market share owing to increased product usage at home by consumers who prefer to buy domestic products despite cheaper imports available abroad.
Regional Analysis:
Europe dominated the global butter knife market in 2017 owing to high demand for tableware. The region is expected to witness a CAGR of XX% over the forecast period, on account of increasing demand for knives among consumers and restaurants. In Europe, France contributes significantly to the knife industry owing to strong presence of manufacturers in that country.
Asia Pacific is projected to be fastest-growing regional market from 2018 to 2030 due its large population base and increasing per capita income levels among countries such as China, India and Japan which are majorly driving growth in this region.
Growth Factors:
- Increasing demand for processed foods: The global population is growing at a rapid pace and so is the demand for processed foods. This will drive the growth of the Butter Knife market as more and more people will need knives to cut butter into smaller pieces.
- Rising income levels in developing countries: A large portion of the world’s population resides in developing countries, where income levels are on the rise. This will lead to an increase in spending on kitchen appliances such as Butter Knives, thereby driving market growth.
- Technological advancements: With technological advancements, new and better Butter Knife models are being launched in the market every day. This will attract consumers towards these products and help drive market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Butter Knife Market Research Report
By Type
Large-scale, Small-scale
By Application
Commercial, Household
By Companies
Groupe SEB, Kai, Zwilling, Victorinox, Cutco, Wusthof, Fiskars, Friedr. Dick, MAC, BergHOFF, Groupe SEB, Robert Welch, Coltellerie Sanelli, Spyderco
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Butter Knife Market Report Segments:
The global Butter Knife market is segmented on the basis of:
Types
Large-scale, Small-scale
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
Commercial, Household
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:
- Groupe SEB
- Kai
- Zwilling
- Victorinox
- Cutco
- Wusthof
- Fiskars
- Friedr. Dick
- MAC
- BergHOFF
- Groupe SEB
- Robert Welch
- Coltellerie Sanelli
- Spyderco
Highlights of The Butter Knife 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:
- Large-scale
- Small-scale
- By Application:
- Commercial
- Household
- 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 Butter Knife 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
- Channel & Customer Management
- 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?
Butter Knife is a kitchen utensil that is used to spread butter on bread or other food items.
Some of the major players in the butter knife market are Groupe SEB, Kai, Zwilling, Victorinox, Cutco, Wusthof, Fiskars, Friedr. Dick, MAC, BergHOFF, Groupe SEB, Robert Welch, Coltellerie Sanelli, Spyderco.
The butter knife market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butter Knife 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 Butter Knife Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Butter Knife 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 Butter Knife 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 Butter Knife Market Size & Forecast, 2020-2028
4.5.1 Butter Knife Market Size and Y-o-Y Growth
4.5.2 Butter Knife 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 Large-scale
5.2.2 Small-scale
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 Commercial
6.2.2 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butter Knife 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 Butter Knife 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 Large-scale
9.6.2 Small-scale
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 Commercial
9.10.2 Household
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 Large-scale
10.6.2 Small-scale
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 Commercial
10.10.2 Household
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 Large-scale
11.6.2 Small-scale
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 Commercial
11.10.2 Household
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 Large-scale
12.6.2 Small-scale
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 Commercial
12.10.2 Household
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 Large-scale
13.6.2 Small-scale
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 Commercial
13.10.2 Household
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 Butter Knife Market: Competitive Dashboard
14.2 Global Butter Knife Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Groupe SEB
14.3.2 Kai
14.3.3 Zwilling
14.3.4 Victorinox
14.3.5 Cutco
14.3.6 Wusthof
14.3.7 Fiskars
14.3.8 Friedr. Dick
14.3.9 MAC
14.3.10 BergHOFF
14.3.11 Groupe SEB
14.3.12 Robert Welch
14.3.13 Coltellerie Sanelli
14.3.14 Spyderco
