Global Outdoor Knife Market Insights Forecasts to 2033

• The Global Outdoor Knife Market Size was Valued at USD 2.12 Billion in 2023
• The Market Size is Growing at a CAGR of 6.12% from 2023 to 2033
• The Worldwide Outdoor Knife Market Size is Expected to Reach USD 3.84 Billion by 2033
• Asia Pacific is Expected to Grow the fastest during the forecast period.

The Outdoor Knife Market Size is Anticipated to Exceed USD 3.84 Billion by 2033, Growing at a CAGR of 6.12% from 2023 to 2033.

Market Overview

One of the most frequently utilized products found in homes and business kitchens across the globe is knives. Knives come in a variety of forms and have distinct uses while preparing food. The knife market includes a broad spectrum of products made for different uses, such as EDC (everyday carry) knives, and outdoor, kitchen, and tactical knives. The knife has become growing in popularity as a result of its demand as a multipurpose tool. The demand for outdoor knives is mostly driven by the rising popularity of camping, hiking, fishing, and survivalist activities. As numerous individuals participate in these activities, they need durable, multipurpose knives to carry out necessary functions including chopping rope, preparing meals, and managing different materials outdoors. Knives are now simple to carry around and may be used for a greater variety of tasks owing to the development of lightweight materials. Demand for certain knife models rises as outdoor enthusiasts use social media and outdoor communities to share their experiences and suggestions, increasing awareness of and desire for those types. The market for certain knife models rises as outdoor enthusiasts use social media and outdoor communities to share their experiences and suggestions, increasing awareness of and desire for those types.

Report Coverage

This research report categorizes the market for the outdoor knife 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 outdoor knife market. Recent market developments and competitive strategies such as expansion, product launch, and 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 outdoor knife market.

Driving Factors

The growing acceptance of outdoor recreational activities is expected to boost the market. Technological developments in materials and manufacturing techniques have a major influence on the growing market by improving the robustness, functionality, and accessibility of knives. The versatility of such knives, along with developments in blade technology, provides them with essential instruments for expanding the market.

Restraining Factors

Rising raw material costs, such as high-quality steel used in manufacturing, continue to impact the market. With increased demand for premium and durable blades, raw material prices are expected to rise, affecting total manufacturing expenses.

Market Segmentation

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

• The fixed blade segment is estimated to hold the largest market share through the forecast period.

Based on the type, the outdoor knife market is categorized into folding blade, fixed blade, and side slide. Among these, the fixed blade segment is estimated to hold the largest market share through the forecast period. The fixed blade outdoor knife is a preferred instrument for many outdoor pursuits such as camping, hunting, and survival situations, due to its outstanding strength, durability, and dependability. Fixed blades usually demand less handling and maintenance, giving users more assurance while performing demanding tasks. The desire for strong, adaptable knives that can survive challenging circumstances has increased because of the growing popularity of outdoor activities and survivals.

• The hunting segment is projected to grow at the highest CAGR during the forecast period.

Based on the application, the outdoor knife market is categorized into hunting, survival, camping, hiking, fishing, and others. Among these, the hunting segment is projected to grow at the highest CAGR during the forecast period. Customers are becoming more aware of and interested in hunting gear as a result of the popularity of hunting shows, outdoor lifestyle branding, and social media platforms. This has led them to seek out specialized knives made to meet their specific requirements.

Regional Segment Analysis of the Outdoor Knife 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 outdoor knife market over the predicted timeframe.

North America is projected to hold the largest share of the outdoor knife market over the predicted timeframe. This dominance is due to a growing trend of survival and self-reliance, and also a growing interest in outdoor activities including fishing, hiking, and camping, the North American market is expanding significantly. Fixed blades, folding knives, and multi-tools are just a few of the products that make up this sector, which serves a broad spectrum of customer needs. The United States and Canada are two major countries that contribute to this market. Both recreational and professional outdoor enthusiasts in these countries seek out high-quality, long-lasting, and useful knives, which is anticipated to favor the market's expansion.

Asia Pacific is expected to grow at the fastest CAGR growth in the outdoor knife market during the forecast period. Due to rising interest in outdoor activities and adventure sports in developing nations including China, Vietnam, India, and Indonesia, the market for outdoor knives in the Asia-Pacific region is expected to rise significantly. Outdoor knives are predicted to become more in demand as urban populations get outside more for recreational activities including hiking, camping, and trekking.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the outdoor knife market along with a comparative evaluation primarily based on their product 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 product 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

• Morakniv AB
• ESEE Knives
• Fällkniven AB
• Gerber
• Spyderco, Inc.
• Helle
• Cold Steel
• SOG
• CRKT
• Microtech Knives
• Buck Knives, Inc.
• Benchmade, Inc.
• KA-BAR
• Emerson Knives, Inc.
• Others

Key Target Audience

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

Recent Developments

• In September 2024, Sniper Blade Works, known for its tactical and outdoor knives, announced the introduction of the 2024-25 product line, which includes four new models. This edition provides knife enthusiasts with a distinctive and inventive SBW design in a variety of colorways.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the outdoor knife market based on the below-mentioned segments: 

Global Outdoor Knife Market, By Type

• Folding Blade
• Fixed Blade
• Side Slide

Global Outdoor Knife Market, By Application

• Hunting
• Survival
• Camping
• Hiking
• Fishing
• Others

Global Outdoor Knife 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