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Knife Sharpener and Honer Market Analysis

  • Report ID: GMI12596
  • Published Date: Dec 2024
  • Report Format: PDF

Knife Sharpener and Honer Market Analysis

Based on product type, the market can be segmented into manual knife sharpeners, electric knife sharpeners, and honing machines. The electric knife sharpeners segment accounted for revenue of around USD 307 Million in the year 2023 and is estimated to grow at a CAGR of around 4.8% from 2024 to 2032. Electric sharpeners prioritize user-friendliness, catering to everyone from amateur home cooks to seasoned professional chefs.
 

In contrast to manual sharpeners that demand skill and experience to achieve the right angle, electric models come equipped with automated systems, guiding users to the optimal sharpening angle. With a rising demand for premium and specialized knives, particularly in culinary and outdoor sectors, the appetite for advanced tools, such as electric knife sharpeners, has surged.
 

Global Knife Sharpener and Honer Market Revenue Share, By End Use, (2023)

Based on the end-use, the global knife sharpener and honer market is categorized as residential, and commercial. The residential segment held around 64% of the total market share in 2023 and is anticipated to grow at a CAGR of 4.8% during the forecast period. To save money and extend the lifespan of their kitchenware, consumers are increasingly opting for DIY solutions, including knife sharpening. Electric sharpeners stand out for their ease and efficiency, allowing individuals to sharpen knives without professional help. This rising DIY trend among homeowners is driving the demand for knife sharpeners in the residential market.
 

U.S. Knife Sharpener and Honer Market Size, 2021 – 2032, (USD Million)

The U.S. Knife Sharpener and Honer market accounted for revenue of around USD 134 million in the year 2023 in North America and is estimated to grow at a CAGR of around 4.7% from 2024 to 2032. Driven by the influence of cooking shows, food blogs, and vibrant online culinary communities, there's been a surge in home cooking and gourmet meal preparation. This trend has, in turn, heightened the demand for premium knives and their maintenance tools. The U.S. market stands out as a center for innovation, showcasing products like electric and manual knife sharpeners designed for both amateur cooks and seasoned professionals. Features such as multi-stage sharpening, angle guides, and diamond-coated abrasives have broadened their appeal across various consumer segments.
 

North America: U.S. companies lead the charge in crafting cutting-edge sharpening tools. Their offerings, including electric multi-stage sharpeners, angle-adjustable systems, and compact portable devices, cater to global residential and commercial markets. North American consumers, especially in the U.S., are notably conscious of knife maintenance, a trend fueled by the rise of cooking shows, the DIY movement, and outdoor pursuits such as hunting and camping.
 

Europe: Globally renowned for its premium cutlery brands, Germany boasts names like Zwilling J.A. Henckels, Wüsthof, and Friedr. Dick. These brands not only offer high-quality knives but also emphasize the importance of knife care. As a result, both professional chefs and home cooks have widely adopted knife sharpeners and honers. German consumers have a cultural tendency to prioritize the maintenance of durable products over frequent replacements. This mindset dovetails with the use of knife sharpeners, aiming to prolong the lifespan of kitchen tools and thereby fueling consistent market growth.
 

Asia Pacific: China stands as a global frontrunner in the production of knife sharpeners and honers, offering them at competitive prices. Thanks to the ready availability of raw materials, cutting-edge production technologies, and the advantages of economies of scale, Chinese manufacturers can produce a diverse range of sharpening tools—be it manual, electric, or honing products—without straining costs. In China, the food service and hospitality sectors, encompassing restaurants, hotels, and catering services, place a premium on sharp and well-maintained knives. This heightened emphasis drives a robust demand for professional-grade sharpening tools and honing systems.
 

Middle East: As consumers become increasingly aware of the advantages of knife maintenance and the emergence of advanced sharpening solutions, adoption rates are on the rise. In Saudi Arabia, culinary schools and professional kitchens underscore the importance of knife maintenance, thereby boosting the demand for dependable sharpening systems. Additionally, global trends are shaping a shift in preferences towards high-quality kitchen tools, further propelling the popularity of both manual and electric knife sharpeners.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global knife sharpener and honer industry was valued at USD 638 million in 2023 and is estimated to grow at a CAGR of over 4.6% from 2024 to 2032, driven by the increasing trend of home cooking.

The electric knife sharpeners segment recorded USD 307 million in 2023 and is expected to grow at a CAGR of around 4.8% from 2024 to 2032 due to their user-friendly nature, appealing to both amateur and professional chefs.

The U.S. knife sharpener and honer industry generated revenue of approximately USD 134 million in 2023 and is anticipated to grow at a CAGR of roughly 4.7% from 2024 to 2032, fueled by the influence of cooking shows, food blogs, and online culinary communities.

Key players in the industry include DMT (Diamond Machining Technology), EdgeCraft Corporation, Fortune Products, Inc., Global (F. Dick GmbH), KAI Corporation, Lansky Sharpeners, Messermeister, Inc., Razor Edge Systems, Sharpal, Smith’s Consumer Products, Inc., Spyderco, Inc., and Tormek AB.

Knife Sharpener and Honer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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