Market Overview:
The global utility knife 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 utility knives in commercial and industrial applications. In terms of type, the fixed blade utility knife segment is expected to lead the market during the forecast period, followed by segmented blade and snap-off blade utility knives. The household use segment is projected to be fastest-growing during the forecast period, owing to an increase in DIY activities across regions.
Product Definition:
A utility knife is a handheld tool with a sharp blade that can be used for many purposes, such as cutting rope, cardboard, or carpet.
Fixed Blade Utility Knife:
Fixed blade utility knife is a tool that consists of a rigid or semi-rigid metal blade, which is fixed to the handle with either one or two bladeshells. The usage of this product involves cutting and slicing materials like corduroy, leather, rubber, plastic and other soft substances. It also helps in opening packages and boxes easily without any risk of injury to the hands.
Segmented Blade Utility Knife:
The Segmented blade utility knife is a tool that consists of two blades connected by a flexible hilt. The primary function of this tool is to cut and trim objects like wires, small pipes, or even vegetables with equal efficiency. It also has the ability to cut soft materials like cheese and bread easily.
Segmented blade utility knives are widely used in households for cutting fruits and vegetables as well as other household items such as cheese, bread, meat products etc.
Application Insights:
The industrial use segment dominated the global utility knife market, accounting for over 60.0% share of the total revenue in 2017. The demand for these knives is generally higher in urban areas as compared to rural areas due to increased manufacturing sectors and construction activities in developing countries such as China, India and Brazil. In addition, a large number of industrial users including food processing units require these knives on a daily basis which further drives the product demand from this sector.
The household use segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing disposable income levels coupled with rising purchasing power parity across various regions globally including North America and Europe Pacific region especially countries like Japan where consumer spending patterns are similar with that observed in western Europe nations such as Germany.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing construction activities and growing industrialization across countries such as Canada and Mexico. Moreover, rising demand for utility knives in restaurants, hotels, airports as well as households is anticipated to drive the regional market during the forecast period.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR of XX% from 2018 to 2030 due high population growth along with rapid urbanization and economic development taking place in countries such as China and India which are major consumers of this product category including segmented blade utility knife among others applications.
Growth Factors:
- Increasing demand for multipurpose knives in the household and professional sectors
- Rising popularity of utility knives as a key tool for DIY projects
- Growing trend of using custom-made or personalized knives
- Proliferation of online retail platforms that offer a wide variety of knife models and brands at competitive prices
- Advances in knife manufacturing technology that result in better quality, more durable blades
Scope Of The Report
Report Attributes
Report Details
Report Title
Utility Knife Market Research Report
By Type
Fixed Blade Utility Knife, Segmented Blade Utility Knife, Snap-off Blade Utility Knife, Others,
By Application
Commercial Use, Industrial Use, Household Use,
By Companies
Newell Rubbermaid, Stanley Black & Decker, Slice, Tape King, Kutir, Vermont, Misen, Tti, Allway Tools, Gerber Gear, Alltrade Tools LLC, Klein Tools, Inc, Home Planet Gear, Unior, Screwpop Tool, LLC, Hilmor/DiversiTech Corporation, Caterpillar, Park Tool Co, Olfa, Jack Sealey Ltd
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Utility Knife Market Report Segments:
The global Utility Knife market is segmented on the basis of:
Types
Fixed Blade Utility Knife, Segmented Blade Utility Knife, Snap-off Blade Utility Knife, 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:
- Newell Rubbermaid
- Stanley Black & Decker
- Slice
- Tape King
- Kutir
- Vermont
- Misen
- Tti
- Allway Tools
- Gerber Gear
- Alltrade Tools LLC
- Klein Tools, Inc
- Home Planet Gear
- Unior
- Screwpop Tool, LLC
- Hilmor/DiversiTech Corporation
- Caterpillar
- Park Tool Co
- Olfa
- Jack Sealey Ltd
Highlights of The Utility 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:
- Fixed Blade Utility Knife
- Segmented Blade Utility Knife
- Snap-off Blade Utility Knife
- 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 Utility 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
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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 utility knife is a type of knife that is designed for general use, such as cutting meat or vegetables.
Some of the key players operating in the utility knife market are Newell Rubbermaid, Stanley Black & Decker, Slice, Tape King, Kutir, Vermont, Misen, Tti, Allway Tools, Gerber Gear, Alltrade Tools LLC, Klein Tools, Inc, Home Planet Gear, Unior, Screwpop Tool, LLC, Hilmor/DiversiTech Corporation, Caterpillar, Park Tool Co, Olfa, Jack Sealey Ltd.
The utility knife market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Utility 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. Utility Knife Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Utility Knife Market - Supply Chain
4.5. Global Utility Knife Market Forecast
4.5.1. Utility Knife Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Utility Knife Market Size (000 Units) and Y-o-Y Growth
4.5.3. Utility Knife Market Absolute $ Opportunity
5. Global Utility 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. Utility Knife Market Size and Volume Forecast by Type
5.3.1. Fixed Blade Utility Knife
5.3.2. Segmented Blade Utility Knife
5.3.3. Snap-off Blade Utility Knife
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Utility 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. Utility 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 Utility 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. Utility 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 Utility 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. Utility 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 Utility Knife Demand Share Forecast, 2019-2026
9. North America Utility 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 Utility 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 Utility 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 Utility Knife Market Size and Volume Forecast by Type
9.7.1. Fixed Blade Utility Knife
9.7.2. Segmented Blade Utility Knife
9.7.3. Snap-off Blade Utility Knife
9.7.4. 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 Utility Knife Demand Share Forecast, 2019-2026
10. Latin America Utility 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 Utility 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 Utility 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 Utility Knife Market Size and Volume Forecast by Type
10.7.1. Fixed Blade Utility Knife
10.7.2. Segmented Blade Utility Knife
10.7.3. Snap-off Blade Utility Knife
10.7.4. 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 Utility Knife Demand Share Forecast, 2019-2026
11. Europe Utility 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 Utility 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 Utility 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 Utility Knife Market Size and Volume Forecast by Type
11.7.1. Fixed Blade Utility Knife
11.7.2. Segmented Blade Utility Knife
11.7.3. Snap-off Blade Utility Knife
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Proections 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 Utility Knife Demand Share, 2019-2026
12. Asia Pacific Utility 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 Utility 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 Utility 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 Utility Knife Market Size and Volume Forecast by Type
12.7.1. Fixed Blade Utility Knife
12.7.2. Segmented Blade Utility Knife
12.7.3. Snap-off Blade Utility Knife
12.7.4. 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 Utility Knife Demand Share, 2019-2026
13. Middle East & Africa Utility 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 Utility 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 Utility 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 Utility Knife Market Size and Volume Forecast by Type
13.7.1. Fixed Blade Utility Knife
13.7.2. Segmented Blade Utility Knife
13.7.3. Snap-off Blade Utility Knife
13.7.4. 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 Utility Knife Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Utility Knife Market: Market Share Analysis
14.2. Utility Knife Distributors and Customers
14.3. Utility Knife Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Newell Rubbermaid
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stanley Black & Decker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Slice
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tape King
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kutir
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vermont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Misen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tti
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Allway Tools
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gerber Gear
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Alltrade Tools LLC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Klein Tools, Inc
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Home Planet Gear
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Unior
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Screwpop Tool, LLC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hilmor/DiversiTech Corporation
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Caterpillar
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Park Tool Co
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Olfa
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Jack Sealey Ltd
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
