| Product Code: ETC079967 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Indonesia Knife Market is poised for steady growth rate improvements from 2025 to 2029. From 8.28% in 2025, the growth rate steadily ascends to 10.80% in 2029.

By 2027, Indonesia's Knife market is forecasted to achieve a growing growth rate of 9.55%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Indonesia is a major market for knives, with the country accounting for approximately 25 percent of global knife sales. The growth in the Indonesia knife market has been driven by rising demand from both commercial and domestic customers, as well as growing interest among younger generations. This trend has been further boosted by increasing awareness of health and safety standards demanded in the workplace. However, factors such as high cost of raw materials and lack of local production capacity have limited the penetration of locally produced products into this market.
The main drivers behind the growth in Indonesia knife market include increased demand for kitchen use, outdoor activities and hunting purposes; improved living standards due to higher disposable incomes; rising popularity among younger consumers; better access to international brands through e-commerce platforms; and government initiatives promoting product safety measures.
Despite these positive developments, there are certain challenges faced by vendors operating in this space including high import duties on foreign-made products; competition from Chinese manufacturers offering cheaper options; counterfeiting issues resulting from inadequate protection laws; limited availability of quality raw materials that can meet stringent requirements for food contact applications or professional uses like butchery work etc.; and low innovation levels due to fragmented distribution channels leading to limited R&D investments.
Some key players operating in Indonesia Knife Market include Global Cutlery Co., Bosch/Yamato Corporation (Japan), Newell Brands (U.S.), Victorinox Swiss Army AG (Switzerland), Santoku Knives Inc., Henckels International Corp., Smith & Wesson Holding Corp., Stanley Black & Decker (U.S.), ZWILLING J A Henckels AG (Germany), Miyabi Knives Inc., Wusthof GmbH & Co KG(Germany) Shun Cutlery (Japan).
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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