Market Overview:
The global safety box cutter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safety box cutters in various end-use industries such as grocery, logistics, construction, electronic, chemical, medical and automotive. In addition, the growing awareness about the benefits of using safety box cutters is also contributing to the growth of this market. Based on type, retractable knives are expected to account for a larger share of the global safety box cutter market during the forecast period. This can be attributed to their ease of use and convenience compared with concealed blade knives.
Product Definition:
A safety box cutter is a tool that can be used to cut through cardboard, plastic, and other materials. They are often used by people who work in the shipping or packaging industries.
Retractable Knives:
Retractable knives are a combination of fixed and retractable knife. It is an essential tool used in the kitchen for cuttinglery, vegetables, fruits and other soft foods. The product has several advantages over other products like table knives or cooking utensils as it can be stored safely inside the handle when it is not in use which reduces the chances of accidents happening around it.
Concealed Blade Knives:
Concealed blade knives are also known as survival knives or bush knife. They are small sized tools that have broad and sturdy blades made from high carbon steel with a handle made from natural materials like wood, bone, or fiber. The size of the tool is very important as it depends upon the work to be done by them.
Application Insights:
The global safety box cutter market is segmented based on application into grocery, logistics, construction, electronic, chemical and medical among other automotive and other applications. The construction industry was the largest application segment in 2017. It is projected to grow at a CAGR of XX% over the forecast period owing to rising demand from developing countries such as India and China.
The product has numerous applications in the automotive sector including during vehicle manufacturing or repair activities where it can be used for cutting open boxes that contain various electronic components or wires which are cut during manufacturing process of vehicles. In addition to this they are also used for opening boxes containing instrument panels which are fixed on cars thus providing ease while repairing them after an accident occurs with minimal damage done to any component involved thereby increasing their shelf life considerably leading to increased demand from auto manufacturers globally over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it a potential customer base for any industry. Moreover, rapid industrialization and urbanization have resulted in an increased demand from various application sectors such as grocery, logistics, construction, electronic etc., thereby driving the product demand across this region.
The increasing number of manufacturing facilities along with rising investments by prominent players to enhance their product portfolio is also anticipated to drive growth across this region over the forecast period. For instance; In January 2018; Gerresheimer India Ltd.
Growth Factors:
- Increasing demand for safety box cutter in end-use industries such as automotive, construction, and packaging is expected to drive the market growth.
- Growing awareness about the benefits of using safety box cutter among consumers is projected to fuel the market growth.
- Rising demand for ergonomic and easy-to-use safety box cutter is anticipated to boost the market growth over the forecast period.
- Technological advancements in terms of design and features are expected to create new opportunities for market players over the next few years. 5) Growing popularity of electric safety box cutters among consumers is likely to propel demand in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Safety Box Cutter Market Research Report
By Type
Retractable Knives, Concealed Blade Knives
By Application
Grocery, Logistic, Construction, Electronic, Chemical, Medical, Automotive, Other
By Companies
Stanley, Xingwei Cutting-Tools Technology, Apex Tool Group, Snap-on Inc., Tajima Tool, Milwaukee Tool, Great Star, Wurth Group, MARTOR, Channellock, Pro'skit, Great Wall Precision, JETECH, Pacific Handy Cutter, Slice, Inc.
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Safety Box Cutter Market Report Segments:
The global Safety Box Cutter market is segmented on the basis of:
Types
Retractable Knives, Concealed Blade Knives
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
Grocery, Logistic, Construction, Electronic, Chemical, Medical, Automotive, Other
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 Technology
- Apex Tool Group
- Snap-on Inc.
- Tajima Tool
- Milwaukee Tool
- Great Star
- Wurth Group
- MARTOR
- Channellock
- Pro'skit
- Great Wall Precision
- JETECH
- Pacific Handy Cutter
- Slice, Inc.
Highlights of The Safety Box Cutter 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:
- Retractable Knives
- Concealed Blade Knives
- By Application:
- Grocery
- Logistic
- Construction
- Electronic
- Chemical
- Medical
- Automotive
- Other
- 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 Safety Box Cutter 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
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- Consumer Insights
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- Product & Brand Management
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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?
A safety box cutter is a type of knife that has a blade that retracts into the handle when not in use. This prevents the user from accidentally cutting themselves if they lose control of the knife.
Some of the major companies in the safety box cutter market are Stanley, Xingwei Cutting-Tools Technology, Apex Tool Group, Snap-on Inc., Tajima Tool, Milwaukee Tool, Great Star, Wurth Group, MARTOR, Channellock, Pro'skit, Great Wall Precision, JETECH, Pacific Handy Cutter, Slice, Inc..
The safety box cutter 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 Safety Box Cutter 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 Safety Box Cutter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Box Cutter 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 Safety Box Cutter 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 Safety Box Cutter Market Size & Forecast, 2020-2028
4.5.1 Safety Box Cutter Market Size and Y-o-Y Growth
4.5.2 Safety Box Cutter 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 Retractable Knives
5.2.2 Concealed Blade Knives
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 Grocery
6.2.2 Logistic
6.2.3 Construction
6.2.4 Electronic
6.2.5 Chemical
6.2.6 Medical
6.2.7 Automotive
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Safety Box Cutter 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 Safety Box Cutter 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 Retractable Knives
9.6.2 Concealed Blade Knives
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 Grocery
9.10.2 Logistic
9.10.3 Construction
9.10.4 Electronic
9.10.5 Chemical
9.10.6 Medical
9.10.7 Automotive
9.10.8 Other
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 Retractable Knives
10.6.2 Concealed Blade Knives
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 Grocery
10.10.2 Logistic
10.10.3 Construction
10.10.4 Electronic
10.10.5 Chemical
10.10.6 Medical
10.10.7 Automotive
10.10.8 Other
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 Retractable Knives
11.6.2 Concealed Blade Knives
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 Grocery
11.10.2 Logistic
11.10.3 Construction
11.10.4 Electronic
11.10.5 Chemical
11.10.6 Medical
11.10.7 Automotive
11.10.8 Other
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 Retractable Knives
12.6.2 Concealed Blade Knives
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 Grocery
12.10.2 Logistic
12.10.3 Construction
12.10.4 Electronic
12.10.5 Chemical
12.10.6 Medical
12.10.7 Automotive
12.10.8 Other
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 Retractable Knives
13.6.2 Concealed Blade Knives
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 Grocery
13.10.2 Logistic
13.10.3 Construction
13.10.4 Electronic
13.10.5 Chemical
13.10.6 Medical
13.10.7 Automotive
13.10.8 Other
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 Safety Box Cutter Market: Competitive Dashboard
14.2 Global Safety Box Cutter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley
14.3.2 Xingwei Cutting-Tools Technology
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 Channellock
14.3.11 Pro'skit
14.3.12 Great Wall Precision
14.3.13 JETECH
14.3.14 Pacific Handy Cutter
14.3.15 Slice, Inc.
