Global Knife Sharpener Market Insights Forecasts to 2033  

• The Global Knife Sharpener Market Size was Valued at USD 796.69 Million in 2023
• The Market Size is Growing at a CAGR of 6.37% from 2023 to 2033
• The Worldwide Knife Sharpener Market Size is Expected to Reach USD 1477.15 Million by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Global Knife Sharpener Market Size is Anticipated to Exceed USD 1477.15 Million by 2033, Growing at a CAGR of 6.37% from 2023 to 2033.   

Market Overview

A device that is used to sharpen the blades of knives, scissors, and other cutting tools is known as a knife sharpener. There are two main types of sharpeners stone-based and electric/manual. There are also connectable devices that can be set to tables, and combo-devices that use both methods on both sides of devices. It helps in regaining these tools' efficacy and sharpness, guaranteeing that they can carry out their duties accurately. The demand for fine and sharp knives is driven by the popularity of cooking shows and the number of professional chefs. The need for knife sharpeners is driven by the realization that a sharp blade is important for providing excellent cutting results and ensuring kitchen safety. An additional important factor driving market growth is the increasing number of lodging facilities, dining establishments, coffee shops, sewing businesses, woodworking shops, lawnmower repair shops, cheese stores, and salons.  

Report Coverage

This research report categorizes the knife sharpener market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the knife sharpener market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the knife sharpener market.  

Driving Factors

The sharpener is used to sharpen a knife to a fine edge. For domestic use, they are also accessible to purchase at houses. Their primary purpose is to help professionals maintain their tools and equipment. The market for transportable butcher's block sharpeners is growing as a result of restaurant owners' increasing demand for them. In addition, during the projected period, increasing restaurant usage of the product would improve the knife sharpener market. Due to widespread use by the residential sector the knife sharpener market will increase.  

Restraining Factors

An increasing number of consumers are opting to sharpen knife blades at home with equipment they have purchased online and using guides and videos available online. This factor is expected to restrain the growth of the knife sharpener market.   

Market Segmentation

The knife sharpener market share is classified into type and application.  

• The electric type segment is estimated to hold the largest market revenue share through the projected period.

Based on the type, the knife sharpener market is classified into electric type and manual type. Among these, the electric type segment is estimated to hold the largest market revenue share through the projected period. Electric knife are sharpened by the use of revolving belts or discs that operate on electricity. They work quickly and effectively, making them ideal for commercial kitchens or regular knife users.  

• The residential segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the knife sharpener market is divided into residential, restaurant, and others. Among these, the residential segment is anticipated to hold the largest market share through the forecast period. Kitchen knife sharpeners are essential for residential use they preserve the edge of kitchen knives and make meal preparation at home easier.    

Regional Segment Analysis of the Knife Sharpener Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the knife sharpener market over the predicted timeframe.

North America is anticipated to hold the largest share of the knife sharpener market over the predicted timeframe. The continuous growth of the US housing market is responsible for this. A large and mature market with a significant demand for knife sharpeners, driven by a growing interest in home cooking and culinary arts.

Asia Pacific is expected to grow at the fastest CAGR growth of the knife sharpener market during the forecast period. APAC is predicted to rise significantly as well due to the expanding culinary sector and rising consumer demand for sophisticated kitchen appliances. China is expected to grow rapidly in the Asia-Pacific region as well, driven by growing awareness of the value of well-sharpened knives.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the knife sharpener market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Zwilling
• Chef’s Choice
• Presto
• Smith's
• WorkSharp
• Lansky sharpener 
• TAIDEA
• Spyderco
• Accusharp
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2024, Fortune Products, Inc., dba AccuSharp, a global pioneer in the production of multi-tools, knives, and sharpening supplies, recently announced the launch of the Gourmet 15° Series, its newest range of knife sharpeners.  

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the knife sharpener market based on the below-mentioned segments: 

Global Knife Sharpener Market, By Type

• Electric Type
• Manual Type

Global Knife Sharpener Market, By Application

• Residential
• Restaurant
• Others

Global Knife Sharpener Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa