Product Code: ETC126455 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Knife Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.40% in 2027, following an initial rate of 14.80%, before easing to 13.59% at the end of the period.
By 2027, the Knife market in Vietnam is anticipated to reach a growth rate of 16.40%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Vietnam knife market has witnessed steady growth in recent years, driven by the country`s culinary traditions, rising tourism industry, and increasing demand for quality kitchen tools. Knives are essential tools in Vietnamese cuisine, known for their precision and craftsmanship. As Vietnam experiences economic development and an increasing interest in gastronomy, the demand for knives has been on the rise.
Several factors have contributed to the growth of the knife market in Vietnam. Firstly, the country`s rich culinary heritage and diverse food culture have spurred the demand for specialized knives used in traditional Vietnamese dishes. Secondly, the growth of Vietnam tourism industry has led to an increasing number of food establishments, restaurants, and culinary schools, driving the demand for professional-grade knives.Moreover, the rising popularity of cooking shows and online food content has influenced consumer preferences, with many individuals seeking high-quality knives to replicate professional cooking experiences at home.
Despite its growth, the Vietnam knife market faces certain challenges. One of the primary challenges is the competition from cheaper, lower-quality knives, both domestically produced and imported. Educating consumers about the importance of investing in durable and well-crafted knives is crucial for the growth of the market.
The Covid-19 pandemic had mixed implications for the Vietnam knife market. On one hand, with people spending more time at home and cooking more frequently, there may have been an increased demand for kitchen tools, including knives. On the other hand, disruptions in supply chains and international trade during the pandemic may have impacted the availability and pricing of knives. The pandemic also emphasized the importance of e-commerce and online sales channels for knife retailers to reach consumers during periods of restricted movement and reduced foot traffic in physical stores.
Vietnam Knife |
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 Vietnam Knife Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Knife Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Knife Market - Industry Life Cycle |
3.4 Vietnam Knife Market - Porter's Five Forces |
3.5 Vietnam Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Knife Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Vietnam Knife Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Knife Market Trends |
6 Vietnam Knife Market, By Types |
6.1 Vietnam Knife Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Knife Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Knife Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.4 Vietnam Knife Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.5 Vietnam Knife Market Revenues & Volume, By Alloy Steel, 2021-2031F |
6.1.6 Vietnam Knife Market Revenues & Volume, By Other Materials, 2021-2031F |
6.2 Vietnam Knife Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Knife Market Revenues & Volume, By Utensils& Kitchen Tools, 2021-2031F |
6.2.3 Vietnam Knife Market Revenues & Volume, By Weapons& Defence, 2021-2031F |
6.2.4 Vietnam Knife Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Knife Market Import-Export Trade Statistics |
7.1 Vietnam Knife Market Export to Major Countries |
7.2 Vietnam Knife Market Imports from Major Countries |
8 Vietnam Knife Market Key Performance Indicators |
9 Vietnam Knife Market - Opportunity Assessment |
9.1 Vietnam Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Knife Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Vietnam Knife Market - Competitive Landscape |
10.1 Vietnam Knife Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Knife Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |