| Product Code: ETC13375295 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Craft Knife Market was valued at USD 0.38 Billion in 2024 and is expected to reach USD 0.51 Billion by 2031, growing at a compound annual growth rate of 4.60% during the forecast period (2025-2031).
The Global Craft Knife Market is witnessing steady growth driven by the increasing popularity of DIY crafts and projects among consumers worldwide. The market is characterized by a wide range of craft knives available in various sizes, shapes, and materials to cater to different needs of hobbyists and professionals. Key market players are focusing on product innovation, such as ergonomic designs and improved safety features, to enhance user experience and gain a competitive edge. The market is also benefiting from the growing trend of online sales channels, making craft knives more accessible to a larger audience. With the rising demand for precision cutting tools in crafting and art projects, the Global Craft Knife Market is expected to continue its growth trajectory in the coming years.
The Global Craft Knife Market is experiencing growth due to the increasing popularity of DIY projects, crafting, and hobbies among consumers. The market is witnessing a surge in demand for precision cutting tools for various applications such as scrapbooking, paper crafting, and model making. Manufacturers are focusing on product innovation by introducing ergonomic designs, safety features, and interchangeable blades to cater to diverse consumer needs. The rise of e-commerce platforms has also provided opportunities for market expansion, offering a convenient purchasing experience for consumers. Additionally, the growing trend of personalized and handmade products is driving the demand for craft knives, presenting a lucrative opportunity for market players to capitalize on this trend and expand their product offerings in the craft knife segment.
The Global Craft Knife Market faces several challenges, including increased competition from alternative crafting tools such as electronic cutting machines and laser cutters. Additionally, the presence of counterfeit products in the market poses a threat to the reputation and sales of authentic craft knife brands. Economic uncertainties and fluctuations in raw material prices also impact the market, leading to pricing pressures and reduced profit margins for manufacturers. Furthermore, the evolving consumer preferences towards sustainable and eco-friendly products require craft knife manufacturers to invest in research and development to create environmentally friendly options, adding to the operational costs. Overall, staying competitive in the Global Craft Knife Market requires companies to innovate, differentiate their products, and adapt to changing market dynamics effectively.
The Global Craft Knife Market is primarily driven by the increasing popularity of DIY projects, arts and crafts, and creative hobbies among consumers worldwide. The growing trend of personalization and customization, coupled with the rise of social media platforms showcasing handmade designs, has fueled the demand for craft knives as essential tools for cutting, shaping, and sculpting various materials. Additionally, the availability of a wide range of specialized craft knives with ergonomic designs, safety features, and interchangeable blades has further boosted market growth. The increasing focus on sustainability and eco-friendly practices has also influenced consumers to opt for high-quality, durable craft knives that can be used for multiple projects, contributing to the market expansion.
Government policies related to the Global Craft Knife Market vary by country but typically involve regulations on product safety, import/export restrictions, and intellectual property rights. In some regions, there may be specific guidelines on the use of certain materials in crafting knives to ensure consumer safety. Additionally, trade agreements and tariffs can impact the cost and availability of craft knives in different markets. Government initiatives to support small businesses and promote local craftsmanship may also influence the market by providing incentives or funding for craft knife producers. Overall, government policies play a crucial role in shaping the regulatory environment and market dynamics for craft knives on a global scale.
The Global Craft Knife Market is expected to witness steady growth in the coming years driven by the increasing popularity of DIY crafts and projects, particularly among millennials and Gen Z consumers. The market is likely to be propelled by the growing interest in personalized and handmade items, as well as the rise in online platforms and social media channels that promote crafting and creativity. Innovations in craft knife designs, such as ergonomic handles and safer blade mechanisms, are anticipated to attract a wider consumer base. Additionally, the expanding availability of craft knife products through e-commerce channels is projected to further boost market growth. Overall, the Global Craft Knife Market is forecasted to experience a positive trajectory with opportunities for market players to introduce new and advanced products to cater to the evolving needs of craft enthusiasts.
In the Global Craft Knife Market, Asia is experiencing significant growth due to the increasing popularity of DIY projects and crafting hobbies among the younger population. North America remains a key region with a strong presence of established craft knife manufacturers and a high demand for precision cutting tools in various industries. Europe is witnessing steady growth driven by the rising interest in handmade products and art projects. The Middle East and Africa region has a growing market for craft knives, driven by the expanding arts and crafts sector. Latin America shows potential for market growth, with the increasing adoption of crafting as a leisure activity among consumers. Overall, the global craft knife market is expected to continue expanding across all regions due to the growing trend of DIY culture and creative pursuits.
Global Craft Knife Market |
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 Global Craft Knife Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Craft Knife Market Revenues & Volume, 2021 & 2031F |
3.3 Global Craft Knife Market - Industry Life Cycle |
3.4 Global Craft Knife Market - Porter's Five Forces |
3.5 Global Craft Knife Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Craft Knife Market Revenues & Volume Share, By Blade Category, 2021 & 2031F |
3.7 Global Craft Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.8 Global Craft Knife Market Revenues & Volume Share, By Handle Design, 2021 & 2031F |
3.9 Global Craft Knife Market Revenues & Volume Share, By Handle Material, 2021 & 2031F |
3.10 Global Craft Knife Market Revenues & Volume Share, By Blade Type, 2021 & 2031F |
3.11 Global Craft Knife Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.12 Global Craft Knife Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.13 Global Craft Knife Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Craft Knife Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Craft Knife Market Trends |
6 Global Craft Knife Market, 2021 - 2031 |
6.1 Global Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Craft Knife Market, Revenues & Volume, By General Purpose Blade, 2021 - 2031 |
6.1.3 Global Craft Knife Market, Revenues & Volume, By Fine Blade Point, 2021 - 2031 |
6.1.4 Global Craft Knife Market, Revenues & Volume, By Craving Blade, 2021 - 2031 |
6.1.5 Global Craft Knife Market, Revenues & Volume, By Whittling Blade, 2021 - 2031 |
6.1.6 Global Craft Knife Market, Revenues & Volume, By Chiseling Blade, 2021 - 2031 |
6.1.7 Global Craft Knife Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Craft Knife Market, Revenues & Volume, By Light Duty Craft Knife, 2021 - 2031 |
6.2.3 Global Craft Knife Market, Revenues & Volume, By Medium Duty Craft Knife, 2021 - 2031 |
6.2.4 Global Craft Knife Market, Revenues & Volume, By Heavy Duty Craft Knife, 2021 - 2031 |
6.2.5 Global Craft Knife Market, Revenues & Volume, By Swivel Craft Knife, 2021 - 2031 |
6.2.6 Global Craft Knife Market, Revenues & Volume, By Fingertip Craft Knife, 2021 - 2031 |
6.2.7 Global Craft Knife Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Craft Knife Market, Revenues & Volume, By Fixed, 2021 - 2031 |
6.3.3 Global Craft Knife Market, Revenues & Volume, By Retractable, 2021 - 2031 |
6.4 Global Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Craft Knife Market, Revenues & Volume, By Plastic, 2021 - 2031 |
6.4.3 Global Craft Knife Market, Revenues & Volume, By Rubber, 2021 - 2031 |
6.4.4 Global Craft Knife Market, Revenues & Volume, By Aluminum, 2021 - 2031 |
6.4.5 Global Craft Knife Market, Revenues & Volume, By Steel, 2021 - 2031 |
6.4.6 Global Craft Knife Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Craft Knife Market, Revenues & Volume, By Embedded, 2021 - 2031 |
6.5.3 Global Craft Knife Market, Revenues & Volume, By Replaceable, 2021 - 2031 |
6.6 Global Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
6.6.1 Overview & Analysis |
6.6.2 Global Craft Knife Market, Revenues & Volume, By Professional, 2021 - 2031 |
6.6.3 Global Craft Knife Market, Revenues & Volume, By Amateur, 2021 - 2031 |
6.7 Global Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
6.7.1 Overview & Analysis |
6.7.2 Global Craft Knife Market, Revenues & Volume, By Low, 2021 - 2031 |
6.7.3 Global Craft Knife Market, Revenues & Volume, By Medium, 2021 - 2031 |
6.7.4 Global Craft Knife Market, Revenues & Volume, By High, 2021 - 2031 |
6.8 Global Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.8.1 Overview & Analysis |
6.8.2 Global Craft Knife Market, Revenues & Volume, By Online, 2021 - 2031 |
6.8.3 Global Craft Knife Market, Revenues & Volume, By Offline, 2021 - 2031 |
7 North America Craft Knife Market, Overview & Analysis |
7.1 North America Craft Knife Market Revenues & Volume, 2021 - 2031 |
7.2 North America Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Craft Knife Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Craft Knife Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Craft Knife Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
7.4 North America Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.5 North America Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
7.6 North America Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
7.7 North America Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
7.8 North America Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
7.9 North America Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
7.10 North America Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Craft Knife Market, Overview & Analysis |
8.1 Latin America (LATAM) Craft Knife Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Craft Knife Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Craft Knife Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Craft Knife Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Craft Knife Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
8.4 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.5 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
8.6 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
8.7 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
8.8 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
8.9 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
8.10 Latin America (LATAM) Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Craft Knife Market, Overview & Analysis |
9.1 Asia Craft Knife Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Craft Knife Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Craft Knife Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Craft Knife Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Craft Knife Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
9.4 Asia Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.5 Asia Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
9.6 Asia Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
9.7 Asia Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
9.8 Asia Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
9.9 Asia Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
9.10 Asia Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Craft Knife Market, Overview & Analysis |
10.1 Africa Craft Knife Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Craft Knife Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Craft Knife Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Craft Knife Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Craft Knife Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
10.4 Africa Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.5 Africa Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
10.6 Africa Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
10.7 Africa Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
10.8 Africa Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
10.9 Africa Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
10.10 Africa Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Craft Knife Market, Overview & Analysis |
11.1 Europe Craft Knife Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Craft Knife Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Craft Knife Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Craft Knife Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Craft Knife Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
11.4 Europe Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.5 Europe Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
11.6 Europe Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
11.7 Europe Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
11.8 Europe Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
11.9 Europe Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
11.10 Europe Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Craft Knife Market, Overview & Analysis |
12.1 Middle East Craft Knife Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Craft Knife Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Craft Knife Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Craft Knife Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Craft Knife Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Craft Knife Market, Revenues & Volume, By Blade Category, 2021 - 2031 |
12.4 Middle East Craft Knife Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.5 Middle East Craft Knife Market, Revenues & Volume, By Handle Design, 2021 - 2031 |
12.6 Middle East Craft Knife Market, Revenues & Volume, By Handle Material, 2021 - 2031 |
12.7 Middle East Craft Knife Market, Revenues & Volume, By Blade Type, 2021 - 2031 |
12.8 Middle East Craft Knife Market, Revenues & Volume, By Application, 2021 - 2031 |
12.9 Middle East Craft Knife Market, Revenues & Volume, By Price, 2021 - 2031 |
12.10 Middle East Craft Knife Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Craft Knife Market Key Performance Indicators |
14 Global Craft Knife Market - Export/Import By Countries Assessment |
15 Global Craft Knife Market - Opportunity Assessment |
15.1 Global Craft Knife Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Craft Knife Market Opportunity Assessment, By Blade Category, 2021 & 2031F |
15.3 Global Craft Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.4 Global Craft Knife Market Opportunity Assessment, By Handle Design, 2021 & 2031F |
15.5 Global Craft Knife Market Opportunity Assessment, By Handle Material, 2021 & 2031F |
15.6 Global Craft Knife Market Opportunity Assessment, By Blade Type, 2021 & 2031F |
15.7 Global Craft Knife Market Opportunity Assessment, By Application, 2021 & 2031F |
15.8 Global Craft Knife Market Opportunity Assessment, By Price, 2021 & 2031F |
15.9 Global Craft Knife Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Craft Knife Market - Competitive Landscape |
16.1 Global Craft Knife Market Revenue Share, By Companies, 2024 |
16.2 Global Craft Knife Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |