DUBLIN--(BUSINESS WIRE )--The "Safety Knives Market, by Product Type, by Distribution Channel, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.

Growing demand for safety knives at work places around the globe is expected to provide potential opportunities for safety knives manufacturers. Safety knives features a spring-back mechanism that allows the blade to retract when the knife loses contact with the cutting surface. Safety knives can be used for multiple purposes and finds application across a wide range of professions and industries. These benefits offered by safety knives are expected to drive the market growth during the forecast period.

When the blade of knife becomes blunt, it is not able to provide the same results. Many knives don't offer easy-to-replace blades, due to which companies have to spend more money for purchasing new safety knives. However, self-retracting safety knives offer replaceable blades, which helps company to save money. This feature of the self-retracting safety knife has led to the increasing demand for safety knives from various industries such as food, retail, construction, medical, warehousing, automotive among others.

Moreover, key players are focusing on various strategies such as mergers and collaborations. For instance, in September 2018, Slice, Inc. signed a global agreement with Acme United Corporation, a supplier of safety knives and other cutting products, headquartered in Connecticut, U.S. As per the agreement, Acme United Corporation would sell cutting tools including safety blades designed by Slice, Inc.

Key features of the study:

Global Safety Knives Market, By Product Type:

Global Safety Knives Market, By Distribution Channel:

3. Market Dynamics, Regulations, and Trends Analysis

4. Global Safety Knives Market - Impact of Coronavirus (Covid-19) Pandemic

5. Global Safety Knives Market, By Product Type, 2017- 2027 (US$ Mn)

6. Global Safety Knives Market, By Distribution Channel, 2017- 2027 (US$ Mn)

7. Global Safety Knives Market, By Region, 2017- 2027 (US$ Mn)

For more information about this report visit https://www.researchandmarkets.com/r/7ut9bh

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900