Market Overview:
The global slitting knives 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 slitting knives from various end-use industries, such as paper, corrugated products, foil and film, textiles, plastics and others. In terms of type, the stainless steel segment is expected to lead the global slitting knives market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability.
Product Definition:
A slitting knife is a blade used for making cuts in sheet metal. They are inserted into a slitters, which are machines that use the knives to cut through thin sheets of metal. The knives are important because they allow the slitter to make precise and clean cuts in the metal.
Stainless Steel:
Stainless steel is a type of metal that has greater carbon and nickel content than regular iron. The combination of these properties makes it stronger, hardier and more corrosion-resistant. It also gives the material an added advantage in terms of its ability to hold an edge longer without being sharpened, which makes it suitable for use in cutting tools such as knives.
The global slit knife market size was valued at USD 1,Bn in 2016.
High Carbon:
High carbon steel is a form of steel that has been charcoal treated or high temperature hardened. The carbon in the steel makes it hard and strong but also gives it a drawback, the drawback being that when used to make tools (such as knives) high carbon tooling quickly gets dull and needs sharpening.
Application Insights:
Paper application led the global slitting knives market in 2017 and is projected to continue its dominance over the forecast period. The rising demand for paper packaging products, such as tissue papers, sanitary pads, and tissues from various end-use industries is expected to drive growth. Moreover, increasing consumption of recycled paper products in developing countries including China and India will further fuel industry expansion.
Corrugated products application segment was valued at USD 536.3 million in 2017 owing to high product demand from packaging materials to furniture production among others. Favorable government regulations regarding recycling are also likely to have a positive impact on industry growth over the coming years.
Other applications include textiles.
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, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing foreign investments and rapid industrialization & urbanization.
China has been one of the largest producers of steel slitting knives globally since 2010s on account of high demand from domestic application industries such as paper making, textiles and plastics processing. Moreover, rising disposable income coupled with growing consumer awareness about advanced products will support industry growth in Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand for slitting knives from the automotive and aerospace industries
- Growing popularity of precision slitting knives in the metalworking industry
- Rising demand for high-quality slitting knives from paper and packaging manufacturers
- Proliferation of slitters with automatic knife changing systems across various manufacturing sectors
- Emergence of new materials such as titanium and stainless steel that require specialized slitting knives
Scope Of The Report
Report Attributes
Report Details
Report Title
Slitting Knives Market Research Report
By Type
Stainless Steel, High Carbon, Ceramic, Others
By Application
Paper, Corrugated Products, Foil and Film, Textiles, Plastics, Others
By Companies
TKM, Bach Knives, York Saw & Knife, Baucor, The Cowles Tool, Nirei Corporation, Dienes Corporation, Double E headquarters, Intertech Precision Ltd, KNT Knives, Maanshan Licheng
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Slitting Knives Market Report Segments:
The global Slitting Knives market is segmented on the basis of:
Types
Stainless Steel, High Carbon, Ceramic, Others
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
Paper, Corrugated Products, Foil and Film, Textiles, Plastics, Others
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:
- TKM
- Bach Knives
- York Saw & Knife
- Baucor
- The Cowles Tool
- Nirei Corporation
- Dienes Corporation
- Double E headquarters
- Intertech Precision Ltd
- KNT Knives
- Maanshan Licheng
Highlights of The Slitting Knives 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:
- Stainless Steel
- High Carbon
- Ceramic
- Others
- By Application:
- Paper
- Corrugated Products
- Foil and Film
- Textiles
- Plastics
- Others
- 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 Slitting Knives 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?
Slitting knives are a type of knife that has a blade that is curved and designed to make it easier to cut through materials. They are also typically shorter than other types of knives, making them more maneuverable when cutting.
Some of the key players operating in the slitting knives market are TKM, Bach Knives, York Saw & Knife, Baucor, The Cowles Tool, Nirei Corporation, Dienes Corporation, Double E headquarters, Intertech Precision Ltd, KNT Knives, Maanshan Licheng.
The slitting knives 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 Slitting Knives 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 Slitting Knives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Slitting Knives 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 Slitting Knives 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 Slitting Knives Market Size & Forecast, 2018-2028
4.5.1 Slitting Knives Market Size and Y-o-Y Growth
4.5.2 Slitting Knives Market Absolute $ Opportunity
Chapter 5 Global Slitting Knives 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 Slitting Knives Market Size Forecast by Type
5.2.1 Stainless Steel
5.2.2 High Carbon
5.2.3 Ceramic
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Slitting Knives 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 Slitting Knives Market Size Forecast by Applications
6.2.1 Paper
6.2.2 Corrugated Products
6.2.3 Foil and Film
6.2.4 Textiles
6.2.5 Plastics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Slitting Knives 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 Slitting Knives 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 Slitting Knives Analysis and Forecast
9.1 Introduction
9.2 North America Slitting Knives 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 Slitting Knives Market Size Forecast by Type
9.6.1 Stainless Steel
9.6.2 High Carbon
9.6.3 Ceramic
9.6.4 Others
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 Slitting Knives Market Size Forecast by Applications
9.10.1 Paper
9.10.2 Corrugated Products
9.10.3 Foil and Film
9.10.4 Textiles
9.10.5 Plastics
9.10.6 Others
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 Slitting Knives Analysis and Forecast
10.1 Introduction
10.2 Europe Slitting Knives 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 Slitting Knives Market Size Forecast by Type
10.6.1 Stainless Steel
10.6.2 High Carbon
10.6.3 Ceramic
10.6.4 Others
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 Slitting Knives Market Size Forecast by Applications
10.10.1 Paper
10.10.2 Corrugated Products
10.10.3 Foil and Film
10.10.4 Textiles
10.10.5 Plastics
10.10.6 Others
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 Slitting Knives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Slitting Knives 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 Slitting Knives Market Size Forecast by Type
11.6.1 Stainless Steel
11.6.2 High Carbon
11.6.3 Ceramic
11.6.4 Others
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 Slitting Knives Market Size Forecast by Applications
11.10.1 Paper
11.10.2 Corrugated Products
11.10.3 Foil and Film
11.10.4 Textiles
11.10.5 Plastics
11.10.6 Others
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 Slitting Knives Analysis and Forecast
12.1 Introduction
12.2 Latin America Slitting Knives 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 Slitting Knives Market Size Forecast by Type
12.6.1 Stainless Steel
12.6.2 High Carbon
12.6.3 Ceramic
12.6.4 Others
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 Slitting Knives Market Size Forecast by Applications
12.10.1 Paper
12.10.2 Corrugated Products
12.10.3 Foil and Film
12.10.4 Textiles
12.10.5 Plastics
12.10.6 Others
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) Slitting Knives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Slitting Knives 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) Slitting Knives Market Size Forecast by Type
13.6.1 Stainless Steel
13.6.2 High Carbon
13.6.3 Ceramic
13.6.4 Others
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) Slitting Knives Market Size Forecast by Applications
13.10.1 Paper
13.10.2 Corrugated Products
13.10.3 Foil and Film
13.10.4 Textiles
13.10.5 Plastics
13.10.6 Others
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 Slitting Knives Market: Competitive Dashboard
14.2 Global Slitting Knives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TKM
14.3.2 Bach Knives
14.3.3 York Saw & Knife
14.3.4 Baucor
14.3.5 The Cowles Tool
14.3.6 Nirei Corporation
14.3.7 Dienes Corporation
14.3.8 Double E headquarters
14.3.9 Intertech Precision Ltd
14.3.10 KNT Knives
14.3.11 Maanshan Licheng
