Kitchen Knives Market Size, Share & Trends Analysis Report By Manufacturing Process, By Cutting Edge (Plain, Serrated), By Price (Low, High), By Application, By Distribution Channel, By Size, By Region, And Segment Forecasts, 2023 - 2030

Kitchen Knives Market Size, Share & Trends Analysis Report By Manufacturing Process, By Cutting Edge (Plain, Serrated), By Price (Low, High), By Application, By Distribution Channel, By Size, By Region, And Segment Forecasts, 2023 - 2030

Kitchen Knives Market Growth & Trends

The global kitchen knives market size is expected to reach USD 4.12 billion by 2030, registering a CAGR of 11.2% over the forecast period, according to a new report by Grand View Research, Inc. The growing popularity of cooking shows, such as Top Chef, MasterChef, Hell’s Kitchen, Iron Chef, and Chopped, has renewed interest in preparing meals at home, thereby driving the market. The growing interest in cooking and food preparation has contributed to the demand for high-quality knives that can help consumers achieve professional results in their kitchens. The growth of the restaurant industry has contributed to the expansion of the market for modern cutlery and culinary gear, including kitchen knives.

With the increasing number of restaurants and cafes around the world, there is a growing demand for high-quality cooking equipment, such as kitchen knives, that can help chefs and kitchen staff prepare meals quickly and efficiently. As consumers increasingly seek dining experiences that offer convenience, socializing, and high-quality food and service, restaurant owners are investing in new and innovative cooking equipment, including knives. This has led to a growing market for high-quality and modern kitchen knives that can meet the needs of professional chefs and kitchen staff. The introduction of new and innovative kitchen knives has been instrumental in driving the growth of the market, as there is a high demand for knives that offer superior performance, durability, and convenience.

Ceramic knives, for instance, have become increasingly popular in recent years due to their lightweight, sharp, and durable blades. In July 2021, Kyocera announced the release of its Bio Series, which includes eco-friendly ceramic knives. This product line is packaged in a slim, corrugated package that is 100% recyclable. The handles are ergonomically designed and made from a material sourced from sugarcane, which is bio-derived. Electric knives, on the other hand, offer a new level of convenience and ease of use, making them a popular choice for preparing food quickly and efficiently. There has been a significant rise in the demand for and adoption of Japanese knives over the past few years, led by prominent chefs around the world.

While home cooks prefer Japanese knives for their look and feel, professional chefs have come to realize that these knives are superior to other knives in terms of sharpness and edge retention, a trend typical to the Japanese knife-making practice. Japanese knives are preferred over their Western counterparts for their unique aesthetic. For instance, where a German-made knife has a thicker spine and is typically heavier, a Japanese knife usually has a much thinner blade and a lighter profile. Furthermore, Japanese knives tend to be sharper than the Western variants owing to the inclusion of metals, such as carbon steel, which has a high Rockwell Hardness Rating (HRC).

The indirect selling distribution channel segment dominated the market with the highest revenue share in 2022. Indirect selling allows manufacturers to reach a wider audience through a network of distributors and retailers who have established relationships with customers. It enables manufacturers to reduce their marketing and advertising expenses as distributors and retailers often have their own marketing channels to promote the products. Europe was the dominant regional market in 2022 owing to the region’s culinary traditions and high demand for quality kitchen tools.

Kitchen Knives Market Report Highlights

• The stamped blades manufacturing process segment held the largest revenue share in 2022. Stamped-blade knives are known for their lightweight blades and greater flexibility, making them a popular choice in various settings, such as restaurants, hotels, food joints, and households
• The plain cutting edge segment had the largest revenue share in 2022 due to the versatility and wide range of applications of plain kitchen knives for both residential and commercial use
• The residential application segment held the largest revenue share in 2022d due to the increasing preference for modular kitchens and rising living standards, leading to higher spending by homeowners on kitchen appliances and tools
• Based on size, the 5-7 inches segment had the largest market share in 2022. This size range is suitable for chopping, cutting, slicing, and dicing small & large fruits & vegetables. The 5-7 inches size variants are commonly used in household kitchens due to their versatility and convenience
• The low (less than USD 100) price segment held the largest revenue share in 2022 owing to the affordability factor. The market offers a variety of affordable chef knives that deliver impressive performance for their price

Please note The report will be delivered in 3-8 business days upon order notification.