Product Code: ETC127649 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India sharpening stone market import shipments demonstrated strong growth with a notable CAGR of 28.6% from 2020 to 2024. The market momentum accelerated further with a growth rate of 15.1% between 2023 and 2024, indicating a robust expansion trend throughout the period.
The India sharpening stone market is expected to grow significantly during the forecast period (2025-2031). This growth can be attributed to an increasing number of households and restaurants in India, as well as rising disposable incomes. Additionally, the growing demand for knives from various sectors such as food service equipment manufacturing and food processing industries will also contribute towards this growth. Furthermore, increasing awareness about hygiene among consumers is expected to drive the sharpening stone market in India over the forecast period. Moreover, manufacturers are launching innovative products and marketing campaigns which are likely to add a further boost to this industry`s growth prospects.
However, there are certain challenges that could hinder the growth of this industry in India such as fluctuating raw material prices and competition from electric sharpeners. In addition, government regulations on trade policies regarding import/export of sharpening stones may affect its availability in certain parts of India negatively impacting its sales volume over some time period.
Growing demand for home kitchen renovations due to rising disposable income levels would create potential opportunities for vendors operating in Indian sharpening stone market space, Manufacturers introducing special abrasive materials targeted at specific applications like knife blades or scissors would attract more buyers, and Availability of online shopping platforms has made buying process easier leading customers purchasing these products through eCommerce sites.
Some key players that operate within Indian sharpened stone market include 3M Company, Norton Abrasives (Saint-Gobain), Camel Grinding Wheels Works Ltd., Carborundum Universal Limited (CUMI) , Sak Abrasives Pvt Ltd., Eastman Industries Ltd., DME Tools & Supplies Co., Sharp Edge Technologies Private Limited etc .
The outbreak of COVID-19 pandemic has caused disruptions throughout global supply chains resulting into shortage of essential goods including sharpeners across different geographical regions including India. Due to lockdown imposed by Government authorities many stores dealing with sharpener were forced close operations leading decline sales volumes sharply across country during 2024-21 fiscal year
India Sharpening Stone |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Sharpening Stone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Sharpening Stone Market Revenues & Volume, 2021 & 2031F |
3.3 India Sharpening Stone Market - Industry Life Cycle |
3.4 India Sharpening Stone Market - Porter's Five Forces |
3.5 India Sharpening Stone Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 India Sharpening Stone Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Sharpening Stone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality sharpening tools in various industries such as woodworking, metalworking, and culinary. |
4.2.2 Growing popularity of DIY activities and home improvement projects leading to higher demand for sharpening stones. |
4.2.3 Rising disposable income and changing consumer preferences towards premium sharpening products. |
4.2.4 Growing awareness about the benefits of using sharpening stones for maintaining tools and equipment. |
4.2.5 Expansion of the e-commerce sector providing easier access to a wide range of sharpening stones for consumers. |
4.3 Market Restraints |
4.3.1 Presence of low-cost alternatives like electric sharpeners impacting the demand for traditional sharpening stones. |
4.3.2 Limited awareness about the proper usage and maintenance of sharpening stones among consumers. |
4.3.3 Competition from substitute products like sharpening rods, honing steels, and sharpening systems. |
4.3.4 Fluctuating raw material prices affecting the production costs of sharpening stones. |
4.3.5 Lack of standardized quality control measures leading to variations in the performance of sharpening stones. |
5 India Sharpening Stone Market Trends |
6 India Sharpening Stone Market, By Types |
6.1 India Sharpening Stone Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Sharpening Stone Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 India Sharpening Stone Market Revenues & Volume, By Natural Stone, 2021-2031F |
6.1.4 India Sharpening Stone Market Revenues & Volume, By Synthetic Stone, 2021-2031F |
6.2 India Sharpening Stone Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Sharpening Stone Market Revenues & Volume, By Home Use, 2021-2031F |
6.2.3 India Sharpening Stone Market Revenues & Volume, By Commercial Use, 2021-2031F |
7 India Sharpening Stone Market Import-Export Trade Statistics |
7.1 India Sharpening Stone Market Export to Major Countries |
7.2 India Sharpening Stone Market Imports from Major Countries |
8 India Sharpening Stone Market Key Performance Indicators |
8.1 Customer satisfaction score based on product reviews and feedback. |
8.2 Number of new product launches and innovations in the sharpening stone market. |
8.3 Average order value indicating the willingness of consumers to invest in higher-priced sharpening stones. |
8.4 Website traffic and online engagement metrics reflecting the interest and engagement of consumers with sharpening stone products. |
8.5 Customer retention rate showing the loyalty of consumers towards specific sharpening stone brands. |
9 India Sharpening Stone Market - Opportunity Assessment |
9.1 India Sharpening Stone Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 India Sharpening Stone Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Sharpening Stone Market - Competitive Landscape |
10.1 India Sharpening Stone Market Revenue Share, By Companies, 2024 |
10.2 India Sharpening Stone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |