Technavio has been monitoring the commercial kitchen knives market and it is poised to grow by USD 393.24 million during 2020-2024, progressing at a CAGR of over 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.
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Technavio has announced its latest market research report titled Global Commercial Kitchen Knives Market 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions-
Based on segmentation by product, which is the leading segment in the market?
The non-electric consumer kitchen knives segment is expected to be the leading segment in the global market during the forecast period.
What are the major trends in the market?
Increase in the number of end-user establishments is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 4%, 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 are the key market drivers and challenges?
Rising demand for customized kitchen knives is one of the major factors driving the market. However, the increased sale of counterfeit commercial kitchen knives restraints the market growth.
How big is the APAC market?
The APAC region will contribute 36% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Dexter-Russell Inc., Friedr. Dick GmbH & Co. KG, I.O.Shen Knives UK Ltd, Kai Corp., MAC Knife Inc., Samuel Staniforth Ltd., TOJIRO Co. Ltd., Victorinox AG, WUSTHOF GmbH, and ZWILLING JA Henckels AG are some of the major market participants. The rising demand for customized kitchen knives will offer immense growth opportunities. To make 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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Commercial Kitchen Knives Market 2020-2024: Segmentation
Commercial Kitchen Knives Market is segmented as below:
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Commercial Kitchen Knives 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 commercial kitchen knives market report covers the following areas:
Commercial Kitchen Knives Market Size
Commercial Kitchen Knives Market Trends
Commercial Kitchen Knives Market Analysis
This study identifies an increase in the number of end-user establishments as one of the prime reasons driving the commercial kitchen knives 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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Commercial Kitchen Knives Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist commercial kitchen knives market growth during the next five years
Estimation of the commercial kitchen knives market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the commercial kitchen knives market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of commercial kitchen knives market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
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
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
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
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Introduction of consumer ceramic knives
Increasing availability of electric knives
Emergence of dishwasher-safe knives
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
Hamilton Beach Brands Holding Co.
Lifetime Brands Inc.
Newell Brands Inc.
The Oneida Group Inc.
ZWILLING J.A. Henckels AG
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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