Art Supplies Market to Discern Steadfast Expansion During 2018-2026

Art Supplies Market Analysis: Pens segment is estimated to account for more than 78.1% share of the market by 2018 end, which is expected to remain the same till 2028 end

Art supplies continue to witness lucrative opportunities across countries on the backdrop of increasing number of independent art professionals worldwide. Moreover, growth in the prevalence of recreational arts sector has influenced the demand for art supplies. This has encouraged manufacturers to come up with innovative products in the market. The trending convergence of pens, which have more adoption rate, are further anticipated to create remunerative growth opportunities for the art supplies market.

A recent Fact.MR study foretells the art supplies market to record an expansion at 4.5% CAGR over the forecast period (2018-2028). Art supplies continue to witness increased traction in schools and residences end use sectors. However, growth in independent professionals’ end use sector is also expected to be impressive.

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Art Supplies Market – Art supplies distributed as promotional products to spur global market demand

A growing demand for promotional products such as t-shirts, outerwear and calendars offered by companies to both employees and customers is expected to boost the art supplies market. A survey conducted by the Advertising Specialty Institute in 2016 estimated that 50% of all U.S. consumers owned promotional art supplies. Companies are anticipated to use writing instruments for a number of promotional purposes that should benefit the global art supplies market

Art Supplies Market - Focus on universal education in developing countries creating steady demand for art supplies

Schools account for a significant share of the overall demand for art supplies. Use of pencils, pens, notebooks, whiteboards, markers, etc. for art purposes in schools have been a major contributor to the art supplies market. Increasing focus on art and crafts as an important extra-curricular activity apart from sports is another factor that is boosting the demand for art supplies in school end-use sector.

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Art Supplies Market – Increasing focus on ecofriendly and biodegradable Products

Increasing use of energy-efficient technologies by art supply manufacturers and rising demand for sustainable and biodegradable plastic products are factors expected to fuel demand for art supply market, specifically in regions such as Europe and North America, over the forecast period. In addition, manufacturers also have options to use sustainable packaging as companies have become more conscious towards environment friendly products.

Art supplies analysis, by product type

Pens segment is expected to be valued at US$ 31,668.0 Mn by 2028 and is projected to register a CAGR of 4.5% over the forecast period. Furthermore, the segment is also the leading contributor to the overall art supplies market. This segment accounts for 74.3% market share in overall art supplies market in terms of product type and will continue to maintain its significant market share in the forecast years.

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Art supplies analysis, by end-user

In terms of value, residences segments is anticipated to register CAGR of 5.2% over the forecast period. Independent professional end-user segment is also growing rapidly owing to the rise in art auctions, exhibitions and shows.

Art supplies analysis, by sales channel

Stationery shops are expected to remain the fastest growing sales channel even during the forecast period. Online sales channel is estimated to grow at a high CAGR of 4.4% among others. This is attributed to the increasing number of people using internet and smartphones for shopping varied products, such as groceries and fast moving consumer goods (art supplies).

Art supplies analysis, by region

On the basis of region, Asia Pacific except Japan (APEJ) region is projected to remain dominant throughout the forecast period. Pens segment is estimated to account for the highest market share of 78% in the APEJ market by 2018 end.

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Table of Contents Covered in this report are:

Chapter 1 Executive Summary
1.1 Art Supplies Market- Opportunity Assessment
1.2 Competitive Analysis (Fortune Wheel)

Chapter 2 Global Art Supplies Market Overview
2.1 Market Introduction
2.2 Market Definition
2.3 Scope of Report
2.4 Supply Chain
2.5 Cost Structure
2.6 Key Brands, by Product Type
2.7 Pricing Point Analysis
2.7.1 Price Point Assessment by Product Type, 2017
2.7.2 Factors Influencing Pricing
2.8 Forecast Factors
2.9 Consumer Sentiment Analysis 28
2.10 Top Countries in retail and their retail sales growth (2016)
2.11 Regulatory Framework
2.12 Porter’s Five Forces Analysis
2.13 Competitor Footprint Matrix
2.14 PEST Analysis
2.15 Forecast Scenario
2.16 Investment Feasibility Matrix
2.17 Product Lifecycle Analysis

Chapter 3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Trends

Chapter 4 Global Art Supplies Market Analysis
4.1 Global Market Outlook
4.1.1 Market Value, Volume Forecast and Analysis
4.1.2 Price Index and Price Point Assessment
4.1.3 Regional Demand Assessment
4.1.3.1 Market Volume Share by Region
4.2 Global Art Supplies Market Analysis by Product Type
4.2.1 Value, Volume and Forecast by Product Type
4.2.2 Y-o-Y Growth Comparison by Product Type
4.2.3 Market Attractiveness Analysis by Product Type
4.3 Global Art Supplies Market Analysis by Pencil Type
4.3.1 Value, Volume and Forecast by Pencil Type
4.3.2 Y-o-Y Growth Comparison by Pencil Type
4.4 Global Art Supplies Market Analysis by Pen Type
4.4.1 Value, Volume and Forecast by Pen Type
4.4.2 Y-o-Y Growth Comparison by Pen Type
4.5 Global Art Supplies Market Analysis by Color Type
4.5.1 Value, Volume and Forecast by Color Type
4.5.2 Y-o-Y Growth Comparison by Color Type
4.6 Global Art Supplies Market Analysis by End User
4.6.1 Value, Volume and Forecast by End User
4.6.2 Y-o-Y Growth Comparison by End User
4.6.3 Market Attractiveness Analysis by End User
4.7 Global Art Supplies Market Analysis by Sales Channel
4.7.1 Value, Volume and Forecast by Sales Channel
4.7.2 Y-o-Y Growth Comparison by Sales Channel

4.7.3 Market Attractiveness Analysis by Sales Channel
Chapter 5 North America Art Supplies Market Analysis
5.1 North America Market Outlook
5.1.1 Market Value, Volume Forecast and Analysis
5.1.2 Price Index and Price Point Assessment
5.1.3 Impact Assessment of Market Forces
5.1.4 North America Art Supplies Market Outlook
5.1.5 Country Wise Demand Assessment
5.1.5.1 Market Volume Share by Country
5.2 North America Art Supplies Market Analysis by Product Type
5.2.1 Value, Volume and Forecast by Product Type
5.2.2 Y-o-Y Growth Comparison by Product Type
5.2.3 Market Attractiveness Analysis by Product Type
5.3 North America Art Supplies Market Analysis by Pencil Type
5.3.1 Value, Volume and Forecast by Pencil Type
5.3.2 Y-o-Y Growth Comparison by Pencil Type
5.4 North America Art Supplies Market Analysis by Pen Type
5.4.1 Value, Volume and Forecast by Pen Type
5.4.2 Y-o-Y Growth Comparison by Pen Type
5.5 North America Art Supplies Market Analysis by Color Type
5.5.1 Value, Volume and Forecast by Color Type
5.5.2 Y-o-Y Growth Comparison by Color Type
5.6 North America Art Supplies Market Analysis by End User
5.6.1 Value, Volume and Forecast by End User
5.6.2 Y-o-Y Growth Comparison by End User
5.6.3 Market Attractiveness Analysis by End User
5.7 North America Art Supplies Market Analysis by Sales Channel
5.7.1 Value, Volume and Forecast by Sales Channel
5.7.2 Y-o-Y Growth Comparison by Sales Channel
5.7.3 Market Attractiveness Analysis by Sales Channel

And Continue...

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