France Knife Market Size & Outlook, 2021-2030
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France knife market highlights
- The France knife market generated a revenue of USD 152.1 million in 2021 and is expected to reach USD 275.2 million by 2030.
- The France market is expected to grow at a CAGR of 6.8% 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 152.1 million |
| Market revenue in 2030 | USD 275.2 million |
| Growth rate | 6.8% (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, France accounted for 4.0% 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 Europe, UK knife market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 386.4 million by 2030.
Steel was the largest segment with a revenue share of 61.34% in 2021. Horizon Databook has segmented the France knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
Some of the major factors driving the growth of the French knife market are increasing household expenditure on cookware and cutlery including knife, a flourishing hospitability industry, and COVID-19 imposed stay-at-home mindset that has motivated people to invest more in kitchen items.
Moreover, blades made from ceramic are also popular among household in France, as they are stronger than steel and have sharper cutting edge that can be used for everyday slicing, chopping and dicing. Owing to various characteristics of steel and ceramic, large set of consumers in France are preferring these knives in the kitchen, likely driving the growth of the market.
Although fixed blade knives are difficult to carry around, they are often preferred over folding blade knives by outdoor enthusiasts due to their durability and sturdiness. Fixed blade knives are used for various outdoor purposes, including camping, hunting, fishing, survival skills, and other tactical uses. Owing to their numerous applications, this segment is likely to grow over the forecast period.
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Knife Market Scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Klein Tools | View profile | 1001-5000 | Lincolnshire, Illinois, United States, North America | https://www.kleintools.com/ |
| U.S. Blade | View profile | 11-50 | Cranford, New Jersey, United States, North America | http://usblade.com |
| Hyde Tools | View profile | 11-50 | Southbridge, Massachusetts, United States, North America | https://hydetools.com/ |
| Olfa | View profile | 11-50 | Osaka, Osaka, Japan, Asia | https://www.olfa.co.jp/en/ |
| Apex Tool Group | View profile | 5001-10000 | Sparks Glencoe, Maryland, United States, North America | http://www.apextoolgroup.com/ |
| Milwaukee Tool | View profile | 10001+ | Brookfield, Wisconsin, United States, North America | https://www.milwaukeetool.com |
| Q.E.P. Co Inc | View profile | 714 | 1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, United States, 33487 | https://www.qep.com |
| Gerber Life Insurance Company | View profile | 251-500 | Fremont, Missouri, United States, North America | http://gerberlife.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
France knife market size, by material, 2017-2030 (US$M)
France Knife Market Outlook Share, 2021 & 2030 (US$M)
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