Safety Knives Market Was Valued at USD 258.38 Million in 2023, and is Projected to Reach USD 511.79 Million by 2032, Growing at a CAGR of 7.89% From 2024-2032
The safety knives market is related to the Tools and Equipment market which is a designated category of knives with safety features incorporated in the design to minimize chances of accidental injuries on the hands of the users during operations that involve cutting. The knifes are widely applied in production industries for construction, logistic and food industries. Some of the features are; retractable blades, well spinned handles and blade guard for safety of a user. The safety knife market is enhanced by the high risks of accidents, new working conditions and safety regulatory standards emerging around the world, and the need to ensure the safety of employees in various fields.