The Australia Knife Market is driven by rising home improvement projects
The Australia knife market includes various types of knives that are widely used across several industries as well as in household purposes. Knives find extensive applications in food & beverage processing, meat processing, woodwork, paper & pulp processing, and general home use. Stainless steel knives are the most commonly used variety due to their rust-resistant properties and ability to retain sharpness for prolonged durations. Within the culinary segment, chef's knives, slicing knives, dicing knives, carving knives, fillet knives, boning knives, utility knives, tomato knives, bird/Paring knives, steak knives, and cleavers are the popular product types. The rising culture of barbecuing and outdoor cooking has augmented the demand for butcher knives and outdoor grilling knives in Australia.
The Australian knife market is estimated to be valued at USD 15.5 Mn in 2024 and is expected to reach USD 20.4 Mn by 2031, growing at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Key Takeaways
Key players operating in the Australia Knife are Global, Victorinox, Henckels, Wusthof, Shun, and Kyocera. Key players focus on offering innovative designs and high-grade materials to retain their leading positions.
The growing demand from industries such as food processing, meat processing, logistics and e-commerce is a major factor driving the Australia Knife Market. Additionally, the rising disposable incomes and growing passion for outdoor recreational activities like camping, hiking and grilling are fueling the sales of knives in Australia.
Learn more insights straight from the source: Australia’s Knife Market: Trends, Innovation, and Consumer Preferences
Learn more insights straight from the source: Sustainability Trends in the Australian Knife Market: Eco-Friendly Materials and Practices
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