The U.S. knife sharpening services market was valued at USD 3.2 billion in 2022 and is projected to expand at a CAGR of 4.5% from 2023 to 2030. The increasing demand for kitchen knives and tools, along with the rising trend of home cooking, is driving the market growth. The rising trend of meal prepping and cooking is driving the demand for kitchen knives and tools, which are used for cutting and slicing. Furthermore, the rising demand for knives in commercial and professional cooking such as in restaurants is boosting the demand for knife sharpening services.

The growing popularity of subscription-based services is driving the market for knife sharpening services. For instance, in October 2021, a U.S.-based knife sharpening service provider, SharpenX, launched its subscription-based service, offering customers the convenience of sharpening their knives at home. The launch of this subscription-based service is expected to further drive the market growth as customers can easily avail themselves of knife sharpening services without having to leave the comfort of their homes.

In addition, the increasing demand for professional knife sharpening services is driving the market growth. Professional knife sharpening services are used by chefs and culinary professionals to get their knives sharpened accurately and quickly. Professional knife sharpening services use specialized equipment and techniques to sharp knives quickly and accurately. Furthermore, the increasing demand for professional knife sharpening services is attributed to the fact that professionals require specialized knives for their work.

The increasing demand for easy-to-use sharpening tools is also driving the market growth. The growing trend of meal prepping is leading to an increased demand for easy-to-use sharpening tools, as users require sharp knives for slicing and cutting food for meal prep. Furthermore, the growing trend of online shopping is enabling customers to purchase sharpening tools at the comfort of their homes. This is expected to drive the market in the coming years.

In addition, the increasing demand for energy-efficient knife sharpening products is driving the market growth. Energy-efficient knife sharpening products are gaining traction as they are easy to use and require little energy to sharpen a knife. Furthermore, the increasing demand for knife sharpening kits is expected to drive the market growth in the coming years. Knife sharpening kits include whetstones, diamond stones, sharpening steels, honing steels, and other accessories, which are used to sharpen knives.

The manual knife sharpening segment dominated the market and accounted for a share of 48.6% in 2022. Increasing demand for knives in households and restaurants for food preparation is driving the market for knife sharpening services. According to an article published by The New York Times, in October 2020, knife sales have been increasing due to the pandemic as more people are cooking at home. Furthermore, rising demand for sharp knives to reduce the risk of injuries is expected to drive the market for knife sharpening services in the near future.

The electric knife sharpening segment is anticipated to expand at the fastest CAGR of 8.5% over the forecast period. Convenience and efficiency provided by electric knife sharpeners has been driving the market growth. Increasing awareness regarding the use of electric sharpeners among consumers is expected to further bolster the demand for electric knife sharpeners in the U.S. Additionally, the growing trend of online shopping is expected to drive the demand for electric knife sharpeners in the U.S. market.

The offline segment held a major share of the U.S. knife sharpening service products market in 2022. This is attributed to the high preference of consumers for traditional channels such as retail stores, supermarkets, and hypermarkets. Moreover, the availability of the latest products and innovations in the market, along with the convenience of touch and feel, is expected to drive the growth of the offline segment during the forecast period.

The online segment is anticipated to register the highest CAGR of 11.2% from 2022 to 2028. The increasing penetration of the internet and rising access to e-commerce websites are expected to drive the segment’s growth. Moreover, the convenience of using online platforms for purchasing products and services is expected to fuel the segment’s growth. In addition, the availability of various payment options on online platforms is likely to propel the segment’s growth in the near future.

The electric segment held the largest market share of 74.6% in the year 2022. Increased demand for convenient and time-saving solutions is driving the market for electric knife sharpening services. Furthermore, the emergence of electric knife sharpeners with advanced features such as automatic sharpening, adjustable angle settings, and sharpening guides is expected to fuel the growth of the electric segment. Additionally, the availability of different types of electric sharpeners such as manual and electric pull-through sharpeners, and electric wheel sharpeners is creating a positive outlook for the market.

The manual segment is expected to expand at the highest CAGR of 5.2% over the forecast period. The emergence of manual knife sharpeners that are affordable and easy to use is driving the growth of this segment. Moreover, the introduction of manual knife sharpeners with advanced features such as multiple sharpening angles, adjustable sharpening guides, and adjustable blade guides is creating a positive outlook for the market. Additionally, the increasing popularity of camping and hiking activities is also driving the demand for manual knife sharpening services.

The U.S. knife sharpening service market is anticipated to witness significant growth in the coming years, on account of increasing consumer preference for convenience and safety. Moreover, the rising number of cooking shows and cooking-related video content have increased consumer awareness regarding the use and maintenance of knives, which is expected to boost the market growth.

The West region is expected to witness the fastest growth during the forecast period. The region is home to prominent players, such as Chef’sChoice and AccuSharp, which offer a wide range of manual and electric knife sharpeners, which is expected to increase product visibility among consumers. Moreover, the growing demand for convenience and safety in the region is expected to drive the growth of the market.

The Midwest region is anticipated to witness steady growth during the forecast period. Increasing demand for professional services in the region is expected to drive the market growth. Furthermore, the presence of a large number of knife sharpening service providers, such as Blade Sharpeners and Knife Sharpening Service, is expected to increase the visibility of knife sharpening services in the region.

In this part of the knife sharpening service business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your knife sharpening service. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a knife sharpening service business comes from sharpening services, retail sales, and service contracts. Here you will find a list with a description of each of them and other possible sources of profit such as consulting, referrals, and advertising.

Projecting Expenses
In this section, all the regular expenses related to keeping the knife sharpening service business running will be described. The list of operating expenses includes wages, rent, utilities, insurance policies, advertising, and others. Additionally, the cost of product inventory, marketing and promotional activities, and any other expenses necessary to run the business will also be detailed.

Some of the key companies operating in the U.S. knife sharpening services market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In October 2022, Smith’s Consumer Products launched the Edge Pro, a professional-grade knife sharpener designed to provide precision sharpening.

– In August 2022, Chef’s Choice launched the Diamond Hone EdgeSelect, a knife sharpener designed to provide a razor-sharp edge in just minutes.

– In June 2022, Lansky launched the Professional Knife Sharpening System, which features a series of diamond-coated sharpening hones for a variety of blades.

Some of the prominent players in the U.S. knife sharpening services market include:

– Smith’s Consumer Products
– Chef’s Choice
– Lansky
– Work Sharp Culinary
– Fiskars
– Wusthof
– Edge Pro
– Spyderco
– Zwilling J.A. Henckels
– Chef’s Armoury

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global U.S. Knife Sharpening Service market based on service type, product type, end-user, and region:

1. Service Type Outlook (Revenue, USD Million, 2017 – 2030)

– Manual
– Electric
– Others

2. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Kitchen Knives
– Hunting Knives
– Pocket Knives
– Others

3. End-User Outlook (Revenue, USD Million, 2017 – 2030)

– Residential
– Commercial

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the Key Players in the U.S. Knife Sharpening Service Market?
[A]: Some of the key players in the U.S. Knife Sharpening Service market include Sharpening Solution, Knife Sharpening Station, and Knife Sharpeners.

[Q]: What Factors are Driving Growth in the U.S. Knife Sharpening Service Market?
[A]: Factors such as increasing demand for superior quality knives and growing focus on maintaining the sharpness of knife blades are driving growth in the U.S. Knife Sharpening Service market.

[Q]: What are the Benefits of Knife Sharpening Services?
[A]: Knife sharpening services provide several benefits, including improved cutting performance, improved safety, and reduced wear on knives. Sharpening services also offer convenience, as they can be accessed on-site or through mobile services.

[Q]: What are the Key Segments of the U.S. Knife Sharpening Service Market?
[A]: The U.S. Knife Sharpening Service market is segmented into On-site Knife Sharpening Services and Mobile Knife Sharpening Services.

[Q]: What Kind of Services are Offered by Knife Sharpening Companies?
[A]: Knife sharpening companies offer a variety of services, such as sharpening knives on-site, sharpening knives in-house, sharpening and reshaping knife blades, and knife cleaning and maintenance services.