Global Utility Knives Market Growth 2025-2031

Global Utility Knives Market Growth 2025-2031

The global Utility Knives market size is predicted to grow from US$ 1279 million in 2025 to US$ 1429 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.

A utility knife is a knife used for general or utility purposes. The utility knife was originally a fixed blade knife with a cutting edge suitable for general work such as cutting hides and cordage, scraping hides, butchering animals, cleaning fish, and other tasks. Craft knives are tools mostly used for crafts. Today, the term "utility knife" also includes small folding or retractable-blade knives suited for use in the general workplace or in the construction industry.

In United States, main manufacturers of utility knives include Stanley, Snap-on and Milwaukee Tool, etc. The top three players hold a share about 53%. In terms of product type, safety knives is the largest segment, occupied for a share of 79%, and in terms of application, retail has a share about 33 percent.

LP Information, Inc. (LPI) ' newest research report, the “Utility Knives Industry Forecast” looks at past sales and reviews total world Utility Knives sales in 2024, providing a comprehensive analysis by region and market sector of projected Utility Knives sales for 2025 through 2031. With Utility Knives sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Utility Knives industry.

This Insight Report provides a comprehensive analysis of the global Utility Knives landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Utility Knives portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Utility Knives market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Utility Knives and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Utility Knives.

This report presents a comprehensive overview, market shares, and growth opportunities of Utility Knives market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Snap-off Knives
Safety Knives
Fixed Blade Knives

Segmentation by Application:
Retail
Logistic
Construction
Automotive
Medical
Electronics
Chemicals
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Stanley
Snap-on
Xingwei Cutting-Tools Technology
Milwaukee Tool
Apex Tool Group
Safety Products Global
MARTOR
Tajima Tool
Fiskars Group
ADCO Industries
Wurth Group
Great Star
Pro'skit
Great Wall Precision
JETECH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Utility Knives market?

What factors are driving Utility Knives market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Utility Knives market opportunities vary by end market size?

How does Utility Knives break out by Type, by Application?