Global Washable Markers Market to 2023 - Research and Markets
DUBLIN, Oct. 25, 2018 /PRNewswire/ -- The "Washable Markers Market by Washability (Basic washable, Super washable), End user (Children, Professionals) and Region (North America, Europe, Asia Pacific, Middle East and Africa, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
This research projects that the washable markers market size will grow from USD 425.5 million in 2018 to USD 507.0 million by 2023, at a CAGR of 3.57%.
The washable markers market is expected to witness high growth as a result of the increasing number of school-going children coupled with the rising disposable income of households, owing to which parents are spending more on children's education and on creative expression products.
The segmentation for this report is based on washability, end user, and region. On the basis of washability, the market is segmented into basic and super washable markers, wherein the super washable segment is projected to be faster-growing. The ink from super-washable markers is water-based and can be cleaned from non-porous laminate surfaces found on most classroom desks by simply using water. One of the key advantages of super-washable markers is that they do not require any additional solvent for the ink to be removed.
Washable markers have witnessed extensive traction from the children segment. These markers are drawing tools that are ideal for young children who may accidentally mark their clothes or bodies. Marks from washable markers can be easily removed from skin, clothes, and walls just by wiping a wet sponge across the surface. Since washable markers do not permanently stain a surface, they are perfect for home and classroom use. Moreover, washable markers are non-toxic. The children segment held a larger share and is expected to dominate the washable markers market from 2018 to 2023.
North America is projected to have the largest share in the washable markers market. The region is a significant market for washable markers owing to the growing demand for writing instruments from schools, households, and corporates. Crayola LLC, headquartered in the US, is a major player operating in North America. According to Crayola LLC, it has 99% name recognition in the US. Other writing instrument manufacturers operating in North America include Bic Corp and Faber-Castell USA, with a significant market share in the North American washable markers market. The washable markers market is unorganized, which is a major factor restraining its growth.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Washable Markers Market
4.2 Washable Markers Market, By Type
4.3 Washable Markers Market, By End User
4.4 Washable Markers Market: Regional Snapshot
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increase in Number of School-Going Children Coupled With A Rise in Disposable Income of Households
5.2.2 Restraints
5.2.2.1 Unorganized Market
5.2.3 Opportunities
5.2.3.1 Emerging Economies
5.2.4 Challenges
5.2.4.1 the Increase in Shift Toward E-Learning and Digital Platforms
5.3 Macroeconomic Indicators
5.3.1 Introduction
5.3.2 Rise in Disposable Income
5.3.3 Increase in Middle-Class Population
5.3.4 Increase in Gdp in Emerging Economies
6 Washable Markers Market, By Washability
6.1 Introduction
6.2 Basic Washable Markers
6.3 Super-Washable Markers
7 Washable Markers Market, By End User
7.1 Introduction
7.2 Children
7.3 Professionals
8 Regional Analysis
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 Australia
8.4.4 Rest of Asia Pacific
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Turkey
8.5.3 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Rest of South America
9 Competitive Landscape
9.1 Overview
9.2 Competitive Scenario
9.2.1 Expansion & Investments
9.2.2 Mergers & Acquisitions
9.2.3 Agreement, Contracts, and Partnerships
9.2.4 New Product Launch
10 Company Profiles
Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View
10.1 Crayola LLC
10.2 F.I.L.A. - Fabbrica Italiana Lapis Ed Affini S.P.A
10.3 BIC Group
10.4 Newell Brands
10.5 Faber-Castell
10.6 Carioca S.p.A
10.7 Liqui-Mark
10.8 Stabilo International Gmbh
10.9 Dri Mark Products Inc
10.10 Luxor Group
For more information about this report visit https://www.researchandmarkets.com/research/fhvbs4/global_washable?w=5
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