Global Writing and Marking Instruments Market Analysis Report 2023-2030: AI Threat to Human Writing? Explore What's the Take Even as the Writing and Marking Instruments Market Looks on Anxiously

DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Writing and Marking Instruments - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Writing and Marking Instruments Market to Reach $23.3 Billion by 2030

The global market for Writing and Marking Instruments estimated at US$16.6 Billion in the year 2022, is projected to reach a revised size of US$23.3 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Ballpoint & Gel Pens, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$8.4 Billion by the end of the analysis period. Growth in the Highlighters & Markers segment is estimated at 3.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 5.9% CAGR

The Writing and Marking Instruments market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.3 Billion by the year 2030.

What`s New?

• Special discussions on the global economic climate and market sentiment
• Coverage on global competitiveness and key competitor percentage market shares
• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and research platform
• Complimentary updates for one year
• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

• Writing, the Quintessence of Human Ingenuity, Lays the Foundation for the Sustenance the Writing & Marking Instruments Market
• Global Economic Update
• Competition
• Competitive Market Presence - Strong/Active/Niche/Trivial for 243 Players Worldwide in 2023 (E)
• Writing and Marking Instruments: Definition, Overview & Types
• Influencer/Product/Technology Insights
• World Brands
• Recent Market Activity
• Innovations

MARKET TRENDS & DRIVERS

• Growing Importance of Education & the Ensuing Rise in Educational Investments to Spur Growth in the Market
• Renewed Focus on Honing Writing Skills for Students at Schools & Colleges Encourages Growth in the Market
• Continued Use of Paper & Pens in Offices Despite Digitalization Trend to Spur Growth in the Market
• Rise in New Offices & Home Offices Helps Amplify the Demand for Writing & Marking Instruments
• Continuous Innovations Aimed at Integrating Unique Features & Capabilities Keeps the Demand Momentum Well Oiled
• Online & Omnichannel is the New Flavor of Retailing Writing & Marking Instruments
• AI Threat to Human Writing? Explore What's the Take Even as the Writing and Marking Instruments Market Looks on Anxiously
• Sustainability Storms Into the Spotlight

FOCUS ON SELECT PLAYERS (Total 243 Featured) 

• A. T. Cross Company
• Add Pens Private Ltd.
• Crayola LLC
• Dollar Industries Pvt. Ltd.
• Faber-Castell
• Kokuyo Co., Ltd.
• Mitsubishi Pencil Co., Ltd.
• Montblanc International GmbH
• Newell Brands
• Pentel Co., Ltd.
• Pilot Corporation
• Pilot Corporation of America
• Sailor Pen Co., Ltd.
• Societe BIC
• STAEDTLER Mars GmbH & Co. KG
• Tombow Pencil Co., Ltd.
• Zebra Co., Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/9hw5a1

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SOURCE Research and Markets