Indonesia Knife Market (2024-2030) Outlook | Trends, Companies, Revenue, Share, Growth, Forecast, Industry, Analysis, Value & Size

Market Forecast By Product Type (Stainless Steel, Carbon Steel, Alloy Steel, Other Materials), By End-Users (Utensils& Kitchen Tools, Weapons& Defence, Others) And Competitive Landscape
Product Code: ETC079967 Publication Date: Jul 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Indonesia Knife Market Competition 2023

Indonesia Knife market currently, in 2023, has witnessed an HHI of 1488, Which has increased slightly as compared to the HHI of 1172 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Indonesia Export Potential Assessment For Knife Market (Values in USD Thousand)


Indonesia Knife Market Synopsis

Indonesia is a major market for knives, with the country accounting for approximately 25 percent of global knife sales. The growth in the Indonesia knife market has been driven by rising demand from both commercial and domestic customers, as well as growing interest among younger generations. This trend has been further boosted by increasing awareness of health and safety standards demanded in the workplace. However, factors such as high cost of raw materials and lack of local production capacity have limited the penetration of locally produced products into this market.

Key Factors Driving the Market

The main drivers behind the growth in Indonesia knife market include increased demand for kitchen use, outdoor activities and hunting purposes; improved living standards due to higher disposable incomes; rising popularity among younger consumers; better access to international brands through e-commerce platforms; and government initiatives promoting product safety measures.

Challenges Facing the Market

Despite these positive developments, there are certain challenges faced by vendors operating in this space including high import duties on foreign-made products; competition from Chinese manufacturers offering cheaper options; counterfeiting issues resulting from inadequate protection laws; limited availability of quality raw materials that can meet stringent requirements for food contact applications or professional uses like butchery work etc.; and low innovation levels due to fragmented distribution channels leading to limited R&D investments.

Key Market Players

Some key players operating in Indonesia Knife Market include Global Cutlery Co., Bosch/Yamato Corporation (Japan), Newell Brands (U.S.), Victorinox Swiss Army AG (Switzerland), Santoku Knives Inc., Henckels International Corp., Smith & Wesson Holding Corp., Stanley Black & Decker (U.S.), ZWILLING J A Henckels AG (Germany), Miyabi Knives Inc., Wusthof GmbH & Co KG(Germany) Shun Cutlery (Japan).

Key Highlights of the Report:

  • Indonesia Knife Market Outlook
  • Market Size of Indonesia Knife Market, 2020
  • Forecast of Indonesia Knife Market, 2027
  • Historical Data and Forecast of Indonesia Knife Revenues & Volume for the Period 2023 - 2027
  • Indonesia Knife Market Trend Evolution
  • Indonesia Knife Market Drivers and Challenges
  • Indonesia Knife Price Trends
  • Indonesia Knife Porter's Five Forces
  • Indonesia Knife Industry Life Cycle
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Product Type for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Stainless Steel for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Carbon Steel for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Alloy Steel for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Other Materials for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By End-Users for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Utensils& Kitchen Tools for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Weapons& Defence for the Period 2023 - 2027
  • Historical Data and Forecast of Indonesia Knife Market Revenues & Volume By Others for the Period 2023 - 2027
  • Indonesia Knife Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By End-Users
  • Indonesia Knife Top Companies Market Share
  • Indonesia Knife Competitive Benchmarking By Technical and Operational Parameters
  • Indonesia Knife Company Profiles
  • Indonesia Knife Key Strategic Recommendations
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