Cutting Through the Competition: Insights into the Knife Market
The global knife market size is expected to reach USD 6.41 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.0% from 2022 to 2030. Increased knife applications and the availability of a diverse range of knives for various purposes are projected to boost market growth. Various types of knives are used for DIY and woodworking projects, clothing trimming and tearing, protection, and self-defense. Knives are also used to cut through clamshells, cardboard, and other types of packaging, score materials like plasterboard, trim surplus material from an injection molded rubber or plastic and cut binding materials like cable, packing tape, or plastic strapping. Camping knives are used for a wide range of chores. Splitting kindling, assisting with food preparation, fire starting and maintenance, and whittling tent pegs, wooden figurines, or a marshmallow roasting stick are some of the uses of knives at ...