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USD 6.25 billion Growth in Writing and Marking Instruments Market by 2025 | 42% of Market Growth to Originate from APAC | Technavio

·5 min read

NEW YORK, Jan. 24, 2022 /PRNewswire/ -- The growth of the writing and marking instruments market will be driven by the growing emphasis on product personalization. Several vendors offer personalized writing and marking instruments, including personalized pencils, pens, and highlighters, to attract consumers. This helps vendors distinguish their product offerings in the market from their competitors.

Attractive Opportunities in Writing and Marking Instruments Market by Distribution Channel, Application, and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in Writing and Marking Instruments Market by Distribution Channel, Application, and Geography - Forecast and Analysis 2021-2025

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Parent Market Analysis

The writing and marking instruments market has been categorized as a part of the global education market. Technavio's market research report extensively covers external factors influencing the parent market growth potential in the coming years to determine the growth of the writing and marking instruments market during the forecast period.

Writing and Marking Instruments Market Highlights:

  • Growth potential (2020-2025): USD 6.25 billion

  • CAGR: Accelerating at 7%

  • Year-over-year growth: 6.32%

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Writing and Marking Instruments Market: Major regions and key countries:

  • APAC (China, India, and Japan)

  • Europe (Germany)

  • North America (US)

  • MEA

  • South America

Writing and Marking Instruments Market: Key Vendors and Their Offerings

A. T. Cross Co. LLC, BIC Group, C. Josef Lamy GmbH, Crayola LLC, ITC Ltd., Kokuyo Camlin Ltd., Lexi Pvt. Ltd., Linc Pen & Plastics Ltd., Newell Brands Inc., PILOT Corp., Pininfarina Spa, and Schneider Schreibgerate GmbH are some of the key vendors operating in the writing and marking instruments market. The key offerings of some of these vendors are mentioned below:

  • A. T. Cross Co. LLC - The company offers pens like Bailey Light collection, Cross bailey light collection, and other products.

  • BIC Group - The company offers Super Bowl LV Champions Series Lighters, Gel-ocity Quick Dry gel pens, and other products.

  • C. Josef Lamy GmbH - The company offers its own fountain pen, ball point pen, and other products.

Technavio offers a comprehensive list of more than 20 vendors in the market. To explore some of these vendors, View a Free Sample

Writing and Marking Instruments Market: Segmentation

  • Distribution channel: By distribution channel, the writing and marking instruments market has been classified into offline stores and online stores segments. The offline stores segment will have significant market share growth during the forecast period. The rapid advent of globalization has led to investments in traditional commerce, which has, subsequently, increased the number of hypermarkets and supermarkets worldwide.

  • Application: By application, the writing and marking instruments market has been classified into pens, markers and highlighters, pencils, coloring and writing instruments, and writing accessories. The pens segment holds the major share of the market.

  • Geography: By geography, the writing and marking instruments market has been classified into APAC, Europe, North America, MEA, and South America. 42% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key countries for the writing and marking instruments market in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, and MEA. The surge in student enrolment in educational institutions will drive the writing and marking instruments market growth in APAC during the forecast period.

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Writing and Marking Instruments Market: Customization

Technavio's market forecast report on the writing and marking instruments market covers all the key aspects of market research, from the latest drivers and trends to the key vendors impacting market growth. But if you still have queries, have all your questions answered by expert analysts at Technavio. Get in touch with us, and we will customize the report according to your requirements.

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Related Reports

Writing And Marking Instruments Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

USD 6.25 billion

Market structure

Fragmented

YoY growth (%)

6.32

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 42%

Key consumer countries

US, China, India, Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

A. T. Cross Co. LLC, BIC Group, C. Josef Lamy GmbH, Crayola LLC, ITC Ltd., Kokuyo Camlin Ltd., Lexi Pvt. Ltd., Linc Pen & Plastics Ltd., Newell Brands Inc., PILOT Corp., Pininfarina Spa, and Schneider Schreibgerate GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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