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%.

The global Utility Knives market was valued at US$ 1239.3 million in 2020 and is expected to reach US$ 1404.1 million by the end of 2027, growing at a CAGR of 1.8% during 2021-2027.
This report focuses on Utility Knives volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Utility Knives market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Utility Knives Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Traditional Utility Knives
Safety Utility Knives

Segment by Application
Commercial
Household

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Olfa Corporation
Stanley Tool
Xingwei Cutting-Tools Technology
Deli
M&G Stationery
NT Cutter
SDI Corporation
Apex Tool Group
Snap-on Incorporated
Tajima Tool
Milwaukee Tool
Hangzhou Great Star Industrial
Würth
MARTOR