Market Overview:
The global snap-off knife 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 snap-off knives in commercial and industrial applications. In terms of type, the metal segment is expected to lead the global snap-off knife market during the forecast period, followed by metal & plastic and die cast aluminium segments. The stainless steel & bi-metal segment is projected to grow at a high CAGR during the forecast period owing to its properties such as corrosion resistance and durability. In terms of application, commercial use is expected to lead the global snap-off knife market during the forecast period, followed by industrial use and household use segments. North America accounted for majority share of 43% in 2017 in terms of revenue generated in this region whereas Asia Pacific was estimated as fastest growing region with a CAGR of 6%. Some key players operating in this market are Stanley Black & Decker (U.S.
Product Definition:
A snap-off knife is a type of utility knife that has a blade that can be quickly and easily snapped off the handle to expose a new, sharp blade. These knives are typically used for cutting cardboard, rope, and other materials.
Metal:
Metal is one of the major raw materials used in manufacturing Snap-off Knife. The metal used for knife making can be either alloy or non-alloy based on the requirements of the product. Some common alloys include Spring steel, Carbon steel and High carbon Steel etc. Based on usage factors, there are three major categories that include kitchen knives, table knives and hunting/skinning knives etc.
Metal & Plastic:
Metal and plastic are two major raw materials used in the manufacturing of Snap-off Knife. The metal raw material includes stainless steel, carbon steel, alloy steel and others; while the plastic material includes polypropylene, nylon and polyethylene. These materials have different properties which are required to be taken care of while manufacturing a Snap-off Knife.
Application Insights:
In terms of application, the global snap-off knife market has been classified into commercial use, industrial use, household use and others. In 2017, the commercial segment held a major share in the market due to increasing demand from food processing industry for knives with specialized functions such as slicing frozen foods and boning poultry. The growing construction industry is also expected to fuel product demand over the forecast period.
The industrial segment is anticipated to witness significant growth over the forecast period owing to rising demand from various industries including oil & gas for drilling operations and automotive for body panel repair shops. The household segment is also likely witness rapid growth on account of rising disposable income coupled with changing lifestyle patterns among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 4.6% over the forecast period, owing to increasing demand for utility knives from various application industries in countries such as U.S., Canada, and Mexico.
Growth Factors:
- Increasing demand for snap-off knives in the automotive and construction industries due to their precision and durability.
- Growing popularity of snap-off knives among DIY enthusiasts and hobbyists for their ease of use and versatility.
- Rising demand from the packaging industry owing to the increasing trend of using cardboard boxes for packing products.
- Proliferation of online retailing that has led to an increase in the number of small businesses, which is driving demand for snap-off knives as they are ideal tools for precision cutting tasks required by these businesses.
Scope Of The Report
Report Attributes
Report Details
Report Title
Snap-off Knife Market Research Report
By Type
Metal, Metal & Plastic, Die Cast Aluminium, Stainless Steel & Bi-metal, Others,
By Application
Commercial Use, Industrial Use, Household Use,
By Companies
Stanley Black & Decker, Newell Rubbermaid, Olfa, Jack Sealey Ltd, Slice, Kutir, Vermont, Misen, Milwaukee, Allway Tools, Unior
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Snap-off Knife Market Report Segments:
The global Snap-off Knife market is segmented on the basis of:
Types
Metal, Metal & Plastic, Die Cast Aluminium, Stainless Steel & Bi-metal, 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
Commercial Use, Industrial Use, Household Use,
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 Black & Decker
- Newell Rubbermaid
- Olfa
- Jack Sealey Ltd
- Slice
- Kutir
- Vermont
- Misen
- Milwaukee
- Allway Tools
- Unior
Highlights of The Snap-off 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:
- Metal
- Metal & Plastic
- Die Cast Aluminium
- Stainless Steel & Bi-metal
- Others
- By Application:
- Commercial Use
- Industrial Use
- Household Use
- 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 Snap-off 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?
A snap-off knife is a type of pocketknife that has a blade that can be easily detached from the handle. This allows the user to more easily carry multiple knives without having to worry about them getting tangled up or becoming cumbersome.
Some of the major companies in the snap-off knife market are Stanley Black & Decker, Newell Rubbermaid, Olfa, Jack Sealey Ltd, Slice, Kutir, Vermont, Misen, Milwaukee, Allway Tools, Unior.
The snap-off knife market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Snap-off Knife Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Snap-off Knife Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Snap-off Knife Market - Supply Chain
4.5. Global Snap-off Knife Market Forecast
4.5.1. Snap-off Knife Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Snap-off Knife Market Size (000 Units) and Y-o-Y Growth
4.5.3. Snap-off Knife Market Absolute $ Opportunity
5. Global Snap-off Knife Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Snap-off Knife Market Size and Volume Forecast by Type
5.3.1. Metal
5.3.2. Metal & Plastic
5.3.3. Die Cast Aluminium
5.3.4. Stainless Steel & Bi-metal
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Snap-off Knife Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Snap-off Knife Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Industrial Use
6.3.3. Household Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Snap-off Knife Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Snap-off Knife Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Snap-off Knife Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Snap-off Knife Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Snap-off Knife Demand Share Forecast, 2019-2026
9. North America Snap-off Knife Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Snap-off Knife Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Snap-off Knife Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Industrial Use
9.4.3. Household Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Snap-off Knife Market Size and Volume Forecast by Type
9.7.1. Metal
9.7.2. Metal & Plastic
9.7.3. Die Cast Aluminium
9.7.4. Stainless Steel & Bi-metal
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Snap-off Knife Demand Share Forecast, 2019-2026
10. Latin America Snap-off Knife Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Snap-off Knife Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Snap-off Knife Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Industrial Use
10.4.3. Household Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Snap-off Knife Market Size and Volume Forecast by Type
10.7.1. Metal
10.7.2. Metal & Plastic
10.7.3. Die Cast Aluminium
10.7.4. Stainless Steel & Bi-metal
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Snap-off Knife Demand Share Forecast, 2019-2026
11. Europe Snap-off Knife Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Snap-off Knife Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Snap-off Knife Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Industrial Use
11.4.3. Household Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Snap-off Knife Market Size and Volume Forecast by Type
11.7.1. Metal
11.7.2. Metal & Plastic
11.7.3. Die Cast Aluminium
11.7.4. Stainless Steel & Bi-metal
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Snap-off Knife Demand Share, 2019-2026
12. Asia Pacific Snap-off Knife Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Snap-off Knife Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Snap-off Knife Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Industrial Use
12.4.3. Household Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Snap-off Knife Market Size and Volume Forecast by Type
12.7.1. Metal
12.7.2. Metal & Plastic
12.7.3. Die Cast Aluminium
12.7.4. Stainless Steel & Bi-metal
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Snap-off Knife Demand Share, 2019-2026
13. Middle East & Africa Snap-off Knife Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Snap-off Knife Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Snap-off Knife Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Industrial Use
13.4.3. Household Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Snap-off Knife Market Size and Volume Forecast by Type
13.7.1. Metal
13.7.2. Metal & Plastic
13.7.3. Die Cast Aluminium
13.7.4. Stainless Steel & Bi-metal
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Snap-off Knife Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Snap-off Knife Market: Market Share Analysis
14.2. Snap-off Knife Distributors and Customers
14.3. Snap-off Knife Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Black & Decker
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Newell Rubbermaid
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Olfa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jack Sealey Ltd
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Slice
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kutir
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vermont
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Misen
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Milwaukee
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allway Tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Unior
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
