| Product Code: ETC300324 | Publication Date: Aug 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India`s craft knife import market continued to thrive in 2024, with top exporting countries including China, USA, Germany, Switzerland, and Vietnam. The High Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports among these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.3%, reflecting sustained market expansion. Moreover, the growth rate in 2024 alone surged to 16.35%, underscoring the increasing demand for craft knives in India. This data signifies a lucrative and dynamic market landscape for craft knife importers and stakeholders.
The India craft knife market is expected to witness steady growth due to the rising popularity of do-it-yourself (DIY) and crafting activities. Craft knives are used for precision cutting and crafting projects, attracting hobbyists, artists, and students. The market is driven by the growing interest in arts and crafts, which has been further boosted by social media and online crafting communities. Additionally, the expansion of the education sector and the incorporation of arts and crafts in the curriculum are contributing to the demand for craft knives in India.
The India craft knife market is expected to experience steady growth, driven by several key drivers. One of the primary drivers is the increasing popularity of do-it-yourself (DIY) and crafting activities among hobbyists, artists, and students. Craft knives are essential tools for precision cutting, shaping, and detailing in various crafting projects, such as scrapbooking, model making, and paper crafts. Moreover, the growing trend of personalized and handmade gifts and home decor items is driving the demand for craft knives. Consumers are seeking unique and customized creations, fueling the need for craft tools like knives that enable intricate designs and detailing. Additionally, the availability of a wide range of craft knife designs, including retractable blades, ergonomic handles, and specialized blades for different materials, is driving their adoption. Manufacturers are continuously innovating to cater to the diverse needs of craft enthusiasts, contributing to market growth.
The India craft knife market encounters challenges that may influence its growth potential. One of the significant challenges is the competition from alternative cutting tools and craft supplies. Crafters and hobbyists may explore various cutting methods, such as scissors, rotary cutters, and electronic cutting machines, based on their specific crafting needs and preferences. Moreover, the market may face challenges related to product safety and durability. Craft knives should be designed with user safety in mind, and the quality of materials used in knife blades and handles is critical to ensure longevity and optimal cutting performance. Additionally, the need for cost-effective and accessible craft supplies poses challenges for manufacturers. Craft knives should be competitively priced and readily available in various retail outlets and online platforms to cater to a diverse customer base.
The India craft knife market is experiencing growth as the DIY and hobbyist communities continue to expand, and the demand for precision cutting tools rises. The market`s outlook is driven by the increasing interest in craft and creative activities, growth in the art and crafting industry, and the adoption of craft knives for intricate cutting and crafting tasks. The development of ergonomic and user-friendly craft knives and the focus on safety features and blade longevity contribute to the market`s expansion. Key players in this market are anticipated to offer a diverse range of craft knives, innovative blade designs, and cutting-edge cutting tools to cater to the diverse needs of crafters and artists.
The India craft knife market is experiencing steady growth, fueled by the increasing popularity of arts and crafts hobbies and DIY projects. Key players in this market include Westcott, Fiskars Group, and Slice, who are major manufacturers of craft knives offering a wide range of products for cutting and crafting applications. These companies focus on ergonomic design and safety features to cater to the needs of craft enthusiasts.
| 1 Executive Summary | 
| 2 Introduction | 
| 2.1 Key Highlights of the Report | 
| 2.2 Report Description | 
| 2.3 Market Scope & Segmentation | 
| 2.4 Research Methodology | 
| 2.5 Assumptions | 
| 3 India Craft Knife Market Overview | 
| 3.1 India Country Macro Economic Indicators | 
| 3.2 India Craft Knife Market Revenues & Volume, 2021 & 2031F | 
| 3.3 India Craft Knife Market - Industry Life Cycle | 
| 3.4 India Craft Knife Market - Porter's Five Forces | 
| 3.5 India Craft Knife Market Revenues & Volume Share, By Blade Category, 2021 & 2031F | 
| 3.6 India Craft Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.7 India Craft Knife Market Revenues & Volume Share, By Handle Design, 2021 & 2031F | 
| 3.8 India Craft Knife Market Revenues & Volume Share, By Handle Material, 2021 & 2031F | 
| 3.9 India Craft Knife Market Revenues & Volume Share, By Blade Type, 2021 & 2031F | 
| 3.10 India Craft Knife Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.11 India Craft Knife Market Revenues & Volume Share, By Price, 2021 & 2031F | 
| 4 India Craft Knife Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Increasing interest in DIY projects and crafts among the Indian population | 
| 4.2.2 Rising disposable income leading to higher spending on hobby and art supplies | 
| 4.2.3 Growing awareness about the benefits of using high-quality craft knives for precision work | 
| 4.3 Market Restraints | 
| 4.3.1 Limited availability of specialized craft knife brands in the Indian market | 
| 4.3.2 Price sensitivity among consumers, especially in the lower income segments | 
| 4.3.3 Competition from alternative tools and substitutes for craft knives | 
| 5 India Craft Knife Market Trends | 
| 6 India Craft Knife Market, By Types | 
| 6.1 India Craft Knife Market, By Blade Category | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 India Craft Knife Market Revenues & Volume, By Blade Category, 2021-2031F | 
| 6.1.3 India Craft Knife Market Revenues & Volume, By General Purpose Blade, 2021-2031F | 
| 6.1.4 India Craft Knife Market Revenues & Volume, By Fine Blade Point, 2021-2031F | 
| 6.1.5 India Craft Knife Market Revenues & Volume, By Craving Blade, 2021-2031F | 
| 6.1.6 India Craft Knife Market Revenues & Volume, By Whittling Blade, 2021-2031F | 
| 6.1.7 India Craft Knife Market Revenues & Volume, By Chiseling Blade, 2021-2031F | 
| 6.1.8 India Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 India Craft Knife Market, By Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 India Craft Knife Market Revenues & Volume, By Light Duty Craft Knife, 2021-2031F | 
| 6.2.3 India Craft Knife Market Revenues & Volume, By Medium Duty Craft Knife, 2021-2031F | 
| 6.2.4 India Craft Knife Market Revenues & Volume, By Heavy Duty Craft Knife, 2021-2031F | 
| 6.2.5 India Craft Knife Market Revenues & Volume, By Swivel Craft Knife, 2021-2031F | 
| 6.2.6 India Craft Knife Market Revenues & Volume, By Fingertip Craft Knife, 2021-2031F | 
| 6.2.7 India Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3 India Craft Knife Market, By Handle Design | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 India Craft Knife Market Revenues & Volume, By Fixed, 2021-2031F | 
| 6.3.3 India Craft Knife Market Revenues & Volume, By Retractable, 2021-2031F | 
| 6.4 India Craft Knife Market, By Handle Material | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 India Craft Knife Market Revenues & Volume, By Plastic, 2021-2031F | 
| 6.4.3 India Craft Knife Market Revenues & Volume, By Rubber, 2021-2031F | 
| 6.4.4 India Craft Knife Market Revenues & Volume, By Aluminum, 2021-2031F | 
| 6.4.5 India Craft Knife Market Revenues & Volume, By Steel, 2021-2031F | 
| 6.4.6 India Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.5 India Craft Knife Market, By Blade Type | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 India Craft Knife Market Revenues & Volume, By Embedded, 2021-2031F | 
| 6.5.3 India Craft Knife Market Revenues & Volume, By Replaceable, 2021-2031F | 
| 6.6 India Craft Knife Market, By Application | 
| 6.6.1 Overview and Analysis | 
| 6.6.2 India Craft Knife Market Revenues & Volume, By Professional, 2021-2031F | 
| 6.6.3 India Craft Knife Market Revenues & Volume, By Amateur, 2021-2031F | 
| 6.7 India Craft Knife Market, By Price | 
| 6.7.1 Overview and Analysis | 
| 6.7.2 India Craft Knife Market Revenues & Volume, By Low, 2021-2031F | 
| 6.7.3 India Craft Knife Market Revenues & Volume, By Medium, 2021-2031F | 
| 6.7.4 India Craft Knife Market Revenues & Volume, By , 2021-2031F | 
| 6.8 India Craft Knife Market, By Distribution Channel | 
| 6.8.1 Overview and Analysis | 
| 6.8.2 India Craft Knife Market Revenues & Volume, By Online, 2021-2031F | 
| 6.8.3 India Craft Knife Market Revenues & Volume, By Offline, 2021-2031F | 
| 7 India Craft Knife Market Import-Export Trade Statistics | 
| 7.1 India Craft Knife Market Export to Major Countries | 
| 7.2 India Craft Knife Market Imports from Major Countries | 
| 8 India Craft Knife Market Key Performance Indicators | 
| 8.1 Average order value (AOV) for craft knives in the Indian market | 
| 8.2 Number of craft knife brands entering the Indian market annually | 
| 8.3 Growth in online searches for craft knife-related keywords in India | 
| 9 India Craft Knife Market - Opportunity Assessment | 
| 9.1 India Craft Knife Market Opportunity Assessment, By Blade Category, 2021 & 2031F | 
| 9.2 India Craft Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.3 India Craft Knife Market Opportunity Assessment, By Handle Design, 2021 & 2031F | 
| 9.4 India Craft Knife Market Opportunity Assessment, By Handle Material, 2021 & 2031F | 
| 9.5 India Craft Knife Market Opportunity Assessment, By Blade Type, 2021 & 2031F | 
| 9.6 India Craft Knife Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.7 India Craft Knife Market Opportunity Assessment, By Price, 2021 & 2031F | 
| 9.7 India Craft Knife Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 10 India Craft Knife Market - Competitive Landscape | 
| 10.1 India Craft Knife Market Revenue Share, By Companies, 2024 | 
| 10.2 India Craft Knife Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |