Serrated Knife Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The serrated knife market witnessed substantial growth in 2022, with a market size valued at approximately USD 2.5 billion. The sector experienced a robust compound annual growth rate (CAGR) of 5.8% during the year, driven by increasing consumer preference for high-quality kitchen tools and the rise in home cooking trends. The growing popularity of gourmet cooking and the proliferation of cooking shows have spurred demand for specialized kitchen equipment, including serrated knives. As a result, the market is projected to continue expanding, with forecasts suggesting a market value of around USD 3.8 billion by 2027. Emerging markets present significant opportunities for growth in the serrated knife sector. Regions such as Asia-Pacific and Latin America are expected to experience higher growth rates due to rapid urbanization, increasing disposable incomes, and the growing trend of home cooking. Additionally, the rising popularity of culinary tourism and cooking classes in these regions is likely to boost demand for serrated knives. Manufacturers are also focusing on product innovations and improvements in material quality to cater to the evolving needs of consumers, further enhancing growth prospects in these emerging markets.
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Warther Cutlery
Misen
Kai USA
Wüsthof
Groupe SEB
Zwilling
Victorinox
Cutco
MCUSTA Zanmai
Shibazi
Friedr. Dick
Ginsu
Yoshikin
Chroma Cutlery
TOJIRO
Dexter-Russell
Coltellerie Sanelli
Spyderco
Zyliss
Cuisinart
KYOKU
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Serrated Knife Market
Commercial
Household
Based on Types the Market is categorized into Below types that held the largest Serrated Knife market share In 2023.
5-10 Inch
More than 10 Inch
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Serrated Knife Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Serrated Knife Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Serrated Knife Market, By Type
6. Global Serrated Knife Market, By Application
7. Global Serrated Knife Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Serrated Knife Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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