United States Folding Knives Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The US folding knives market has been experiencing steady growth, driven by increasing consumer demand across multiple industries. Folding knives are a versatile tool used for various applications, including outdoor activities, self-defense, and utility purposes. The growing popularity of tactical and survival gear has also significantly contributed to the demand for folding knives. As industries continue to evolve, the need for high-quality, durable folding knives is becoming more evident. This article explores the types of folding knives available in the US market and the requirements from various industries that drive their demand.
The folding knives market is divided into various categories based on blade materials, lock mechanisms, and intended use. Common types of folding knives include tactical knives, everyday carry (EDC) knives, and survival knives. Tactical knives are often used by military, law enforcement, and outdoor enthusiasts. These knives are designed for durability and ease of use in high-stress situations. EDC knives, on the other hand, are compact and suitable for everyday use, such as opening packages or cutting cords. Survival knives are crafted to withstand extreme conditions and are designed for individuals preparing for outdoor survival scenarios.
Industries that rely on folding knives include defense and law enforcement, outdoor recreation, and manufacturing. In the defense and law enforcement sectors, folding knives are integral for tactical operations, offering portability and efficiency in critical situations. Outdoor recreation industries, such as camping, hiking, and fishing, also depend on folding knives for a wide range of tasks, from food preparation to cutting through branches. Additionally, the manufacturing industry utilizes folding knives for cutting materials in production processes, with high durability requirements.
As the US folding knives market continues to expand, manufacturers must meet the diverse needs of these industries. The demand for high-quality, specialized folding knives will only increase as these sectors continue to evolve, pushing the market toward innovation and better functionality. The need for multifunctional tools that are lightweight yet durable remains a key factor in shaping the future of the folding knives market in the US.
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Buck
FOX Knives
Gerber
Benchmade
Gerber Gear
FKMD Knives
Camillus Knives
Ka-Bar
Leatherman
Spyderco
Buck
Victorinox
Browning
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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 US Folding Knives Market
Manual Folding Knives
Automatic Folding Knives
Assisted Opening Folding Knives
Multi-tools with Folding Blades
Stainless Steel
Carbon Steel
High Carbon Stainless Steel
Titanium
Outdoor Enthusiasts
Professional Tradesmen
Survivalists and Preppers
Culinary Professionals
Online Retail
Specialty Stores
Department Stores
Direct Sales
Budget Folding Knives
Mid-range Folding Knives
Premium Folding Knives
Luxury Folding Knives
US (United States, US 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 US Folding Knives 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. US Folding Knives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Folding Knives Market, By Type
6. US Folding Knives Market, By Application
7. US Folding Knives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Folding Knives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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