Global Fixed Blade Knives Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Fixed blades, as opposed to folding blades, are knives that are fixed in place and whose blades cannot be folded down. Bowie knives, push knives, and daggers, all of these are knives whose blades are fixed onto the handle and cannot be folded, can be defined as fixed blade knives. Fixed blade knives are popular among knife enthusiasts and collectors, and they are also used most commonly by hunters and outdoorsmen around the world.
Market Overview:
The latest research study on the global Fixed Blade Knives market finds that the global Fixed Blade Knives market reached a value of USD 301.18 million in 2022. It’s expected that the market will achieve USD 381.77 million by 2028, exhibiting a CAGR of 4.03% during the forecast period.
Driving Factors for this Market
The United States is recognized as a global leader in the outdoor recreation industry. The unique geography of the United States and its distinctive culture have made the outdoor market in the United States exceptionally vibrant. Each year, U.S. consumers spend more on outdoor recreation than they do on medicine and fuel combined. The U.S. data show that the outdoor recreation economy accounted for 2.1 percent ($459.8 billion) of current-dollar gross domestic product (GDP) for the nation in 2019. At the state level, outdoor recreation value added as a share of state GDP ranged from 5.8 percent in Hawaii to 1.3 percent in Connecticut. And outdoor recreation is emerging as a critical element in the economic recovery from COVID-19 as the recreation economy delivers a larger share of U.S. economic output for the second consecutive year. The continued development of developed markets in the U.S. will provide growth drivers for fixed blade knives.
Fixed blade knives are versatile tools that can be used to accomplish a large number of tasks. The most difficult cutting tasks can be carried out due to the tremendous power these knives possess. The advantages of fixed blade knives are extensive. Fixed blade knives are extremely strong and come in a variety of sizes. Compared to folding knives, fixed blade knives do not break and are much easier to maintain. You don't have to worry about hinges like you do with folding knives. And cleaning is straightforward and easy. Fixed blades are usually twice as long as the blades on folding knives. Generally, in tactical situations, fixed blade knives can be put to use much faster than folding knives. In addition, custom knives or unique designs attract a large number of collectors. Collect use is also a major market for fixed blade knives.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
Benchmade is one of the major players operating in the Fixed Blade Knives market, holding a share of 11.97% in 2020.
The Benchmade Knife Company is an American knife manufacturer. Its products are sold to numerous markets, such as everyday carry, outdoor sporting, cutlery, rescue, law-enforcement, martial-arts, and military. The company has collaborated with a number of custom knife makers since its inception.
Buck is one of America's best known manufacturers of quality knives used for hunting and fishing. Buck Knives primarily manufactures sport and field knives and is credited with inventing the folding hunting knife.
Segmentation Overview:
Among different product types, 2 to 3 segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Camp/Hike Use segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Fixed Blade Knives market covered in Chapter 3:
Cold Steel
SOG
Schrade
Tops
Buck
Ka-Bar
Benchmade
Kai USA Ltd.
CRKT
Gerber
In Chapter 4 and Chapter 14.2, on the basis of types, the Fixed Blade Knives market from 2018 to 2029 is primarily split into:
Less than 2
2 to 3
More than 3”
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fixed Blade Knives market from 2018 to 2029 covers:
Camp/Hike Use
Collection Use
Craft Use
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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