Mexico - North America Knife Market Size & Outlook
Mexico - North America Knife Market, 2017-2030 (US$M)
Global Market
Related Markets
Mexico knife market highlights
- The Mexico knife market generated a revenue of USD 224.8 million in 2021 and is expected to reach USD 405.8 million by 2030.
- The Mexico 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 224.8 million |
| Market revenue in 2030 | USD 405.8 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, Mexico accounted for 5.9% 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 North America, U.S. knife market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 405.8 million by 2030.
The market for knife in Mexico is primarily driven by the country's growing population and increasing disposable income. Additionally, the Mexican government’s increased focus on the development of the tourism sector, it the goal of making Mexico affordable and sustainable tourist destination, will favor the growth of commercial kitchen over the period, likely favoring the growth of the market. Moreover, increase in the number of households in Mexico is favoring the growth of the knife market.
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Knife Market Scope
Knife Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stanley Black & Decker | View profile | 50,500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | www.stanleyblackanddecker.com |
| Gerber Life Insurance Company | View profile | 251-500 | Fremont, Missouri, United States, North America | gerberlife.com |
| Q.E.P. Co Inc | View profile | 714 | 1001 Broken Sound Parkway North West, Suite A, Boca Raton, FL, United States, 33487 | www.qep.com |
| Milwaukee Tool | View profile | 10001+ | Brookfield, Wisconsin, United States, North America | www.milwaukeetool.com |
| Apex Tool Group | View profile | 5001-10000 | Sparks Glencoe, Maryland, United States, North America | www.apextoolgroup.com/ |
| Olfa | View profile | 11-50 | Osaka, Osaka, Japan, Asia | www.olfa.co.jp/en/ |
| Hyde Tools | View profile | 11-50 | Southbridge, Massachusetts, United States, North America | hydetools.com/ |
| U.S. Blade | View profile | 11-50 | Cranford, New Jersey, United States, North America | usblade.com |
| Klein Tools | View profile | 1001-5000 | Lincolnshire, Illinois, United States, North America | www.kleintools.com/ |
Mexico - North America Knife Market Outlook
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 61.25% in 2021.
Horizon Databook has segmented the Mexico - North America knife market based on steel, titanium, ceramic covering the revenue growth of each sub-segment from 2017 to 2030.
The market for knife in Mexico is primarily driven by the country's growing population and increasing disposable income. Additionally, the Mexican government’s increased focus on the development of the tourism sector, it the goal of making Mexico affordable and sustainable tourist destination, will favor the growth of commercial kitchen over the period, likely favoring the growth of the market. Moreover, increase in the number of households in Mexico is favoring the growth of the knife market.
- Mexico - North America Knife Market Material Outlook (Revenue, USD Million , 2017-2030)
- Steel
- Titanium
- Ceramic
- Others
- Mexico - North America Knife Market Type Outlook (Revenue, USD Million , 2017-2030)
- Folding Blade
- Fixed Blade
- Side Slide
- Mexico - North America 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 Mexico - North America Knife Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Knife Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - North America Knife Market, 2017-2030 (US$M)
Mexico knife market statistics, by material, 2017-2030 (US$M)
