| Product Code: ETC300329 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The craft knife or utility knives` market size was estimated at USD 0.8 million in 2025 and is likely to witness a significant growth rate over the forecast timeframe due its popularity among hobbyists as well as professional makers alike who utilize it for intricate cutting applications such as trimming fabric edges or creating precise shapes out of foam boards etc., This has mainly been enabled due technological advancements that have resulted into improved performance characteristics being accessible at affordable price points thus boosting their uptake especially amongst small scale businesses operating within arts & crafts sector where they find frequent usage.
The Philippines Craft Knife market growth is driven by the DIY, crafting, and hobbyist communities` demand for precision cutting tools. Craft knives are essential for intricate and accurate cutting of materials such as paper, fabric, and foam. As crafting and DIY projects gain popularity, the adoption of craft knives for various creative applications increases, contributing to market expansion.
The craft knife market in the Philippines is driven by creative and DIY activities. A challenge here is the need to ensure the safety and durability of craft knives while making them user-friendly for a wide range of projects. Additionally, manufacturers need to innovate in terms of design, ergonomics, and blade quality.
The Philippines Craft Knife market saw mixed effects from the pandemic`s influence on crafting and DIY activities. While many individuals turned to crafting as a way to pass time during lockdowns, supply chain disruptions impacted the availability of craft knives and related tools. Fluctuations in consumer sentiment and purchasing power also influenced the market`s performance. The craft knife market had to find innovative ways to engage with consumers through online platforms and offer value-added products and services.
The craft knife market involves small cutting tools used in crafting, art, and other precision cutting tasks. Key Players includes NT Cutter, a manufacturer of cutting tools and utility knives, could be a notable player in this 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 Philippines Craft Knife Market Overview | 
| 3.1 Philippines Country Macro Economic Indicators | 
| 3.2 Philippines Craft Knife Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Philippines Craft Knife Market - Industry Life Cycle | 
| 3.4 Philippines Craft Knife Market - Porter's Five Forces | 
| 3.5 Philippines Craft Knife Market Revenues & Volume Share, By Blade Category, 2021 & 2031F | 
| 3.6 Philippines Craft Knife Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.7 Philippines Craft Knife Market Revenues & Volume Share, By Handle Design, 2021 & 2031F | 
| 3.8 Philippines Craft Knife Market Revenues & Volume Share, By Handle Material, 2021 & 2031F | 
| 3.9 Philippines Craft Knife Market Revenues & Volume Share, By Blade Type, 2021 & 2031F | 
| 3.10 Philippines Craft Knife Market Revenues & Volume Share, By Application, 2021 & 2031F | 
| 3.11 Philippines Craft Knife Market Revenues & Volume Share, By Price, 2021 & 2031F | 
| 4 Philippines Craft Knife Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing interest in DIY crafts and projects among consumers in the Philippines | 
| 4.2.2 Increasing awareness and appreciation for handmade and artisanal products | 
| 4.2.3 Rising demand for customized and unique tools and accessories in the crafting industry | 
| 4.3 Market Restraints | 
| 4.3.1 Limited availability of high-quality craft knives in the local market | 
| 4.3.2 Price sensitivity among consumers due to economic factors | 
| 4.3.3 Competition from mass-produced, cheaper alternatives | 
| 5 Philippines Craft Knife Market Trends | 
| 6 Philippines Craft Knife Market, By Types | 
| 6.1 Philippines Craft Knife Market, By Blade Category | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Philippines Craft Knife Market Revenues & Volume, By Blade Category, 2021-2031F | 
| 6.1.3 Philippines Craft Knife Market Revenues & Volume, By General Purpose Blade, 2021-2031F | 
| 6.1.4 Philippines Craft Knife Market Revenues & Volume, By Fine Blade Point, 2021-2031F | 
| 6.1.5 Philippines Craft Knife Market Revenues & Volume, By Craving Blade, 2021-2031F | 
| 6.1.6 Philippines Craft Knife Market Revenues & Volume, By Whittling Blade, 2021-2031F | 
| 6.1.7 Philippines Craft Knife Market Revenues & Volume, By Chiseling Blade, 2021-2031F | 
| 6.1.8 Philippines Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.2 Philippines Craft Knife Market, By Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Philippines Craft Knife Market Revenues & Volume, By Light Duty Craft Knife, 2021-2031F | 
| 6.2.3 Philippines Craft Knife Market Revenues & Volume, By Medium Duty Craft Knife, 2021-2031F | 
| 6.2.4 Philippines Craft Knife Market Revenues & Volume, By Heavy Duty Craft Knife, 2021-2031F | 
| 6.2.5 Philippines Craft Knife Market Revenues & Volume, By Swivel Craft Knife, 2021-2031F | 
| 6.2.6 Philippines Craft Knife Market Revenues & Volume, By Fingertip Craft Knife, 2021-2031F | 
| 6.2.7 Philippines Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.3 Philippines Craft Knife Market, By Handle Design | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Philippines Craft Knife Market Revenues & Volume, By Fixed, 2021-2031F | 
| 6.3.3 Philippines Craft Knife Market Revenues & Volume, By Retractable, 2021-2031F | 
| 6.4 Philippines Craft Knife Market, By Handle Material | 
| 6.4.1 Overview and Analysis | 
| 6.4.2 Philippines Craft Knife Market Revenues & Volume, By Plastic, 2021-2031F | 
| 6.4.3 Philippines Craft Knife Market Revenues & Volume, By Rubber, 2021-2031F | 
| 6.4.4 Philippines Craft Knife Market Revenues & Volume, By Aluminum, 2021-2031F | 
| 6.4.5 Philippines Craft Knife Market Revenues & Volume, By Steel, 2021-2031F | 
| 6.4.6 Philippines Craft Knife Market Revenues & Volume, By Others, 2021-2031F | 
| 6.5 Philippines Craft Knife Market, By Blade Type | 
| 6.5.1 Overview and Analysis | 
| 6.5.2 Philippines Craft Knife Market Revenues & Volume, By Embedded, 2021-2031F | 
| 6.5.3 Philippines Craft Knife Market Revenues & Volume, By Replaceable, 2021-2031F | 
| 6.6 Philippines Craft Knife Market, By Application | 
| 6.6.1 Overview and Analysis | 
| 6.6.2 Philippines Craft Knife Market Revenues & Volume, By Professional, 2021-2031F | 
| 6.6.3 Philippines Craft Knife Market Revenues & Volume, By Amateur, 2021-2031F | 
| 6.7 Philippines Craft Knife Market, By Price | 
| 6.7.1 Overview and Analysis | 
| 6.7.2 Philippines Craft Knife Market Revenues & Volume, By Low, 2021-2031F | 
| 6.7.3 Philippines Craft Knife Market Revenues & Volume, By Medium, 2021-2031F | 
| 6.7.4 Philippines Craft Knife Market Revenues & Volume, By , 2021-2031F | 
| 6.8 Philippines Craft Knife Market, By Distribution Channel | 
| 6.8.1 Overview and Analysis | 
| 6.8.2 Philippines Craft Knife Market Revenues & Volume, By Online, 2021-2031F | 
| 6.8.3 Philippines Craft Knife Market Revenues & Volume, By Offline, 2021-2031F | 
| 7 Philippines Craft Knife Market Import-Export Trade Statistics | 
| 7.1 Philippines Craft Knife Market Export to Major Countries | 
| 7.2 Philippines Craft Knife Market Imports from Major Countries | 
| 8 Philippines Craft Knife Market Key Performance Indicators | 
| 8.1 Number of craft knife workshops or events held in the Philippines | 
| 8.2 Percentage increase in online searches for craft knives in the Philippines | 
| 8.3 Growth in the number of local artisans and crafters using specialized tools like craft knives | 
| 9 Philippines Craft Knife Market - Opportunity Assessment | 
| 9.1 Philippines Craft Knife Market Opportunity Assessment, By Blade Category, 2021 & 2031F | 
| 9.2 Philippines Craft Knife Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.3 Philippines Craft Knife Market Opportunity Assessment, By Handle Design, 2021 & 2031F | 
| 9.4 Philippines Craft Knife Market Opportunity Assessment, By Handle Material, 2021 & 2031F | 
| 9.5 Philippines Craft Knife Market Opportunity Assessment, By Blade Type, 2021 & 2031F | 
| 9.6 Philippines Craft Knife Market Opportunity Assessment, By Application, 2021 & 2031F | 
| 9.7 Philippines Craft Knife Market Opportunity Assessment, By Price, 2021 & 2031F | 
| 9.7 Philippines Craft Knife Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F | 
| 10 Philippines Craft Knife Market - Competitive Landscape | 
| 10.1 Philippines Craft Knife Market Revenue Share, By Companies, 2024 | 
| 10.2 Philippines Craft Knife Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 
| 13 Disclaimer |