Global Ceramic Knife Market to Witness Growth Acceleration by 2028
The global ceramic knife market is anticipated to grow at a CAGR of 3.3 % during the forecast period (2022-2028). A ceramic knife is a kitchen knife that is designed with a ceramic blade that is made of zirconium dioxide. The ceramic knives are made by dry-pressing and firing powdered zirconia. The major factor attributing to the growth of the global ceramic knife market includes the increasing use of ceramic knives in restaurants due to the growing restaurant industry across the globe. According to an article published by the National Restaurant Association in 2021, the estimated size of the global restaurant industry is around $799 billion in 2021 and giving employment to around 14.5 million people. Thus, increasing the demand for ceramic knives for food preparation in restaurants’ kitchens.
The use of ceramic knives is also increasing due to the growing food service industry. According to an article published by the India Brand Equity Foundation (IBEF) in December 2021, the Indian food services industry is estimated to grow at a CAGR of 17%. The estimated size of the Indian food services industry is around $13.77 billion. Furthermore, several benefits provided by ceramic knife is also attributed to the increasing use of ceramic knives. Thus, contributing to the growth of the global ceramic knife market.
Some major players in the market include Kyocera Corp., Keramikos Kitchen, Oliver & klin, Moi Chef, and Jaccard Corp., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, In January 2020, Viners, an England-based designer, manufacturer, and marketer of cutlery products launched a new collection of kitchen knives. The new collection of kitchen knives offered a new generation of knives with a safety front to avoid hurting users but is efficient in daily food preparation needs.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Kyocera Corp., MoiChef, Jaccard Corp., Zwilling JA Henckels AG, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ceramic Knife Market Report by Segment
By Type
- Paring Knife
- Fruit Knife
- Utility Knife
- Others
By Application
- Residential
- Commercial
- Industrial
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