A utility knife is a knife used for general or utility purposes. The utility knife was originally a fixed blade knife with a cutting edge suitable for general work such as cutting hides and cordage, scraping hides, butchering animals, cleaning fish, and other tasks.
Asia-Pacific accounts for about 50% of the global market share, while North America and Europe take up about 23% and 18%.

Market Analysis and Insights: Global Utility Knives Market
The global Utility Knives market was valued at US$ 1261.6 in 2020 and will reach US$ 1404.1 million by the end of 2027, growing at a CAGR of 1.8% during 2022-2027.

Global Utility Knives Scope and Market Size
The global Utility Knives market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Utility Knives market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Snap-off Knives
Retractable Knives
Fixed Blade Knives
Snap-off knives are estimated to account over 70% of market share in 2018.

Segment by Application
Commercial
Household
Commercial application holds an important share in terms of utility knives’ applications with a market share of about 80% in 2018.

The Utility Knives market is analysed and market size information is provided by regions (countries). Segment by Application, the Utility Knives market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Stanley
Xingwei Cutting-Tools
Apex Tool Group
Snap-on Inc
Tajima Tool
Milwaukee Tool
Great Star
Wurth Group
MARTOR
Channellock
Pro’skit
Great Wall Precision
JETECH