The knife market in Argentina is expected to reach a projected revenue of US$ 64.2 million by 2030. A compound annual growth rate of 4.2% is expected of Argentina knife market from 2022 to 2030.
The Argentina knife market generated a revenue of USD 44.2 million in 2021 and is expected to reach USD 64.2 million by 2030.
The Argentina market is expected to grow at a CAGR of 4.2% from 2022 to 2030.
In terms of segment, steel was the largest revenue generating material in 2021.
Ceramic is the most lucrative material segment registering the fastest growth during the forecast period.
Knife market data book summary
Market revenue in 2021
USD 44.2 million
Market revenue in 2030
USD 64.2 million
Growth rate
4.2% (CAGR from 2021 to 2030)
Largest segment
Steel
Fastest growing segment
Ceramic
Historical data
2017 - 2020
Base year
2021
Forecast period
2022 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Steel, Titanium, Ceramic
Key market players worldwide
Stanley Black & Decker, Gerber Life Insurance Company, Milwaukee Tool, Apex Tool Group, Olfa, Hyde Tools, U.S. Blade, Q.E.P. Co Inc, Klein Tools
Other key industry trends
In terms of revenue, Argentina accounted for 1.2% of the global knife market in 2021.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil knife market is projected to lead the regional market in terms of revenue in 2030.
Brazil is the fastest growing regional market in Latin America and is projected to reach USD 174.4 million by 2030.
Rising urbanization in the country and increased spending on kitchen improvement projects are driving the demand for kitchen appliances and tools such as knives. Furthermore, the hospitality sector in the country is rapidly expanding, resulting in the proliferation of restaurants and subsequently creating a higher demand for knives in commercial kitchens.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Knife Market Outlook will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 61.76% in 2021.
Horizon Databook has segmented the Argentina knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
Rising urbanization in the country and increased spending on kitchen improvement projects are driving the demand for kitchen appliances and tools such as knives. Furthermore, the hospitality sector in the country is rapidly expanding, resulting in the proliferation of restaurants and subsequently creating a higher demand for knives in commercial kitchens.
Argentina Knife Market Material Outlook (Revenue, USD Million , 2017-2030)
Steel
Titanium
Ceramic
Others
Argentina Knife Market Type Outlook (Revenue, USD Million , 2017-2030)
Folding Blade
Fixed Blade
Side Slide
Argentina Knife Market Application Outlook (Revenue, USD Million , 2017-2030)
Kitchen
Survival/Hunting/Adeventure/Tactical
Weapon
Sports
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina Knife Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Argentina Knife Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.