Safety Knives Market, by Product Type (Fully Automatic Retractable Safety Knives, Semi-Automatic Retractable Safety Knives, Concealed Blade Safety Knives, and Others), by Distribution Channel (Home Center & Hardware, Mass Retail, E-Commerce, Industrial, a

Safety Knives Market, by Product Type (Fully Automatic Retractable Safety Knives, Semi-Automatic Retractable Safety Knives, Concealed Blade Safety Knives, and Others), by Distribution Channel (Home Center & Hardware, Mass Retail, E-Commerce, Industrial, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Safety knives are knives that are used for opening packaging, cartons, and boxes. Safety Knives are of different types namely Fully Automatic Retractable Safety Knives, Semi-Automatic Retractable Safety Knives, Concealed Blade Safety Knives, and many more. Also, individuals can get safety knives from Home Center & Hardware, Mass Retail, E Commerce, Industrial Shops, and many more.
Market Dynamics
Growing demand for safety knives at work places around the globe is expected to provide potential opportunities for safety knives manufacturers. Safety knives features a spring-back mechanism that allows the blade to retract when the knife loses contact with the cutting surface. Safety knives can be used for multiple purposes and finds application across a wide range of professions and industries. These benefits offered by safety knives are expected to drive the market growth during the forecast period.
When the blade of knife becomes blunt, it is not able to provide the same results. Many knives don’t offer easy-to-replace blades, due to which companies have to spend more money for purchasing new safety knives. However, self-retracting safety knives offer replaceable blades, which helps company to save money. This feature of the self-retracting safety knife has led to the increasing demand for safety knives from various industries such as food, retail, construction, medical, warehousing, automotive among others.
Moreover, key players are focusing on various strategies such as mergers and collaborations. For instance, in September 2018, Slice, Inc. signed a global agreement with Acme United Corporation, a supplier of safety knives and other cutting products, headquartered in Connecticut, U.S. As per the agreement, Acme United Corporation would sell cutting tools including safety blades designed by Slice, Inc.
Key features of the study:
This report provides in-depth analysis of safety knives market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global safety knives market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Martor KG, Slice, Inc., The Safety Knife Company, Techni Trade, Hyde Tools, Inc., Milwaukee Electric Tool Corporation, Irwin Industrial Tools, Apex Tool Group, LLC, Pacific Handy Cutter Inc., Olfa Corporation, Stanley Black & Decker, Inc., and HTK Company
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
The global safety knives market report caters to various stakeholders in this industry including investors, suppliers, safety knives manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global safety knives market
Detailed Segmentation:
Global Safety Knives Market, By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
Global Safety Knives Market, By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
Global Safety Knives Market, By Region:
North America
By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
By Country
U.S.
Canada
Europe
By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
By Country
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
By Country
China
India
Japan
South Korea
ASEAN
Australia
Rest of Asia Pacific
Latin America
By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
By Country:
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
By Product Type:
Fully Automatic Retractable Safety Knives
Semi-Automatic Retractable Safety Knives
Concealed Blade Safety Knives
Others
By Distribution Channel:
Home Center & Hardware
Mass Retail
E-Commerce
Industrial
Others
By Sub-Region
Middle East
Africa
Company Profiles
Martor KG*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Slice, Inc.
The Safety Knife Company
Techni Trade
Hyde Tools, Inc.
Milwaukee Electric Tool Corporation
Irwin Industrial Tools
Apex Tool Group, LLC
Pacific Handy Cutter Inc.
Olfa Corporation
Stanley Black & Decker, Inc.
HTK Company
“*” marked represents similar segmentation in other categories in the respective section.