Consumer Kitchen Knife Market with Impact of COVID-19 Highlights (2020-2024) | Introduction of Consumer Ceramic Knives to Boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the consumer kitchen knife market and it is poised to grow by USD 393.24 million during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

• Based on segmentation by product, which is the leading segment in the market?

• The non-electric knives are expected to be the leading segment during the forecast period.

• What is the major trend in the market?

• Launch of consumer kitchen knives with new features is a major growth factor for the market.

• At what rate is the market projected to grow?

• The year-over-year growth for 2020 is estimated at 4.10% and the incremental growth of the market is anticipated to be USD 393.24 million.

• Who are the top players in the market?

• Cuisinart, Groupe SEB, Hamilton Beach Brands Holding Co., Lifetime Brands Inc., Messermeister Inc., Newell Brands Inc., The Oneida Group Inc., Whirlpool Corp., WÜSTHOF GmbH, and ZWILLING J.A. Henckels AG are some of the major market participants.

• What is the key market driver?

• The introduction of consumer ceramic knives is the major factor driving the market.

• How big is the APAC market?

• The APAC region will contribute 36% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Cuisinart, Groupe SEB, Hamilton Beach Brands Holding Co., Lifetime Brands Inc., Messermeister Inc., Newell Brands Inc., The Oneida Group Inc., Whirlpool Corp., WÜSTHOF GmbH, and ZWILLING J.A. Henckels AG are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The introduction of consumer ceramic knives has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Consumer Kitchen Knife Market 2020-2024: Segmentation

Consumer Kitchen Knife Market is segmented as below:

• Product
  • Non-electric
  • Electric
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America
• Distribution Channel
  • Offline
  • Online

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40081

Consumer Kitchen Knife Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The consumer kitchen knife market report covers the following areas:

• Consumer Kitchen Knife Market Size
• Consumer Kitchen Knife Market Trends
• Consumer Kitchen Knife Market Analysis

This study identifies the launch of consumer kitchen knives with new features as one of the prime reasons driving the consumer kitchen knife market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Consumer Kitchen Knife Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist consumer kitchen knife market growth during the next five years
• Estimation of the consumer kitchen knife market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the consumer kitchen knife market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of consumer kitchen knife market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

• 2.1 Preface
• 2.2 Preface
• 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Value chain analysis
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2019
• Market outlook
• Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

• Market segmentation by distribution channel
• Comparison by distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCT

• Market segmentation by product
• Comparison by product
• Non-electric - Market size and forecast 2019-2024
• Electric - Market size and forecast 2019-2024
• Market opportunity by product

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Introduction of consumer ceramic knives
• Increasing availability of electric knives
• Emergence of dishwasher-safe knives

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Cuisinart
• Groupe SEB
• Hamilton Beach Brands Holding Co.
• Lifetime Brands Inc.
• Messermeister Inc.
• Newell Brands Inc.
• The Oneida Group Inc.
• Whirlpool Corp.
• WÜSTHOF GmbH
• ZWILLING J.A. Henckels AG

PART 14: APPENDIX

• Research methodology
• List of abbreviations
• Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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