Global Safety Knife Market Report 2022: With Key Players Martor KG, Techni Trade, Stanley Black & Decker and Others –

DUBLIN–(BUSINESS WIRE)–The report “Safety Knives Market, By Product Type, By Distribution Channel, and By Region – Size, Share, Outlook, and Opportunity Analysis, 2021-2027” has been added to from offer.

Market dynamics

The growing demand for safety knives in workplaces around the world is expected to provide potential opportunities for safety knife manufacturers. Safety knives have a springback mechanism that allows the blade to retract when the knife loses contact with the cutting surface. Safety knives can be used for multiple purposes and find application in a wide range of professions and industries. These benefits offered by safety knives are expected to drive the growth of the market over the forecast period.

When the knife blade becomes dull, it is not able to deliver the same results. Many knives don’t offer easy-to-replace blades, forcing companies to spend more money buying new safety knives. However, self-retracting safety knives offer replaceable blades, which helps the company save money. This feature of the self-retracting safety knife has led to an increasing demand for safety knives in various industries such as food, retail, construction, medical, warehousing, automotive, among others.

Moreover, the major players are focusing on various strategies such as mergers and collaborations. For example, in September 2018, Slice, Inc. signed a global agreement with Acme United Corporation, a supplier of safety knives and other cutting products, headquartered in Connecticut, USA. Under the deal, Acme United Corporation would sell cutting tools, including safety blades. designed by Slice, Inc.

Main characteristics of the study:

  • This report provides an in-depth analysis of the Safety Knives market and provides the market size (Million US$) and Compound Annual Growth Rate (CAGR%) for the forecast period (2021-2027), considering 2020 as the base year.

  • It elucidates potential revenue opportunities in different segments and explains an attractive investment proposition matrix for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players of the global Safety Knives market based on the following parameters: company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.

  • Key companies covered in this study include Martor KG, Slice, Inc., The Safety Knife Company, Techni Trade, Hyde Tools, Inc., Milwaukee Electric Tool Corporation, Irwin Industrial Tools, Apex Tool Group, LLC, Pacific Handy Cutter Inc., Olfa Corporation, Stanley Black & Decker, Inc. and HTK Company

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding future product launches, technological gradation, market expansion, and marketing tactics.

  • The Global Safety Knife Market report is targeted at various stakeholders in this industry including investors, suppliers, Safety Knife manufacturers, distributors, new entrants and financial analysts.

  • Stakeholders would have an ease in making decisions through various strategic matrices used to analyze the global Safety Knives market

Detailed segmentation:

Global Safety Knife Market, By Product Type:

  • Fully automatic retractable safety knives

  • Semi-automatic retractable safety knives

  • Concealed Blade Safety Knives

  • Others

Global Safety Knife Market, By Distribution Channel:

  • Welcome center and hardware store

  • Retail

  • E-commerce

  • Industrial

  • Others

Main topics covered:

1. Research objectives and hypotheses

2. Competence of the market

3. Market dynamics, regulation and trend analysis

4. Global Safety Knife Market- Impact of Coronavirus (Covid-19) Pandemic

5. Global Safety Knives Market, by Product Type, 2017-2027 (USD Million)

6. Global Safety Knife Market, by Distribution Channel, 2017-2027 (USD Million)

7. Global Safety Knives Market, by Region, 2017-2027 (USD Million)

8. Competitive landscape

9. Branch

Companies cited

  • Martor KG

  • Slice, Inc.

  • The Safety Knife Company

  • Technical trade

  • Hyde Tools, Inc.

  • Milwaukee Power Tool Company

  • Irwin industrial tools

  • Apex Tool Group, LLC

  • Pacific Handy Cutter Inc.

  • Olfa Company

  • Stanley Black & Decker, Inc.

  • HTK Company

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