openPR Logo
Press release

Vietnam Writing Instruments Market is expanding at a CAGR of 6.7% from 2022 to 2032

The Vietnam writing instruments market is expected to reach US$ 202.7 Mn by the end of 2032, expanding at a CAGR of 6.7% from 2022 to 2032, owing to increased use of energy-efficient technologies by writing instrument manufacturers and rising demand for sustainable and biodegradable plastic pens, among other factors. Furthermore, as consumers have become more aware of environmentally-friendly products, companies have the choice of using sustainable packaging.

Producers all over the world are putting a premium on product differentiation by creating unique and stylish writing instruments. For example, they are selling ballpoint pens with styluses, pens with different inks, and writing instruments with designer/customized clips, brilliant colours, and other features.

During the Mekong Connect 2020 meeting on December 21, 2020, BIZNER unveiled several high-end pen devices, including the BIZ-WB02 and BIZ-01. The BIZ-Gel23 and BIZ-Gel24 are two new gel pen variants that are aimed toward successful and high-income businessmen.

Order the sample copy of report@https://www.persistencemarketresearch.com/samples/33053

Key Takeaways from Market Study:

The Vietnam market for writing instruments is mostly dominated by pens and pencils within the product type category.
Under sales channel, hypermarkets and supermarkets have dominated the offline sales channel, owing to the fact that consumers like to try products before buying them.
Low commodity prices of writing instruments is one of the primary obstacles to the expansion of the Vietnam writing instrument market.
"As a result of increased competition, manufacturers have come up with more kinds and inventive writing instruments than ever before. Producers must develop new products that appeal to consumers who are more interested in technology, such as mess-free pens, computers that convert handwritten notes into computer texts, etc.," says an analyst at Persistence Market Research.

Request For Report Customization@https://www.persistencemarketresearch.com/request-customization/33053

Key Market Players:

The study includes ground-breaking insights into the competitive landscape of the writing instruments industry in Vietnam, as well as the highlights of manufacturers' differentiated strategies.

Some of the key players identified in the market include Kokuyo Camlin Limited, Société BIC SA, San Yann Industry Co. Ltd., Mitsubishi Pencil Co., Ltd., Faber-Castell, Newell Brands Inc., Schneider Schreibgeräte GmbH, STAEDTLER Mars GmbH & Co. KG, Linc Pen & Plastics Ltd., KOTOBUKI Co. Ltd., and Shanghai M&G Stationery Inc.

For In-Depth Competitive Analysis, Buy Now @https://www.persistencemarketresearch.com/checkout/33053

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Vietnam Writing Instruments Market is expanding at a CAGR of 6.7% from 2022 to 2032 here

News-ID: 2699633 • Views: 232

More Releases from Persistence Market Research

Sterilization Services Market -Global Industry Trends, Share, Growth Insight, Si …
As per Persistence Market Research's latest industry analysis, the global sterilization services market is slated to top US$ 6.3 Bn by 2031, expanding at a CAGR of around 7.2% over the forecast period (2021-2031). With rising number of hospital-acquired infections (HAIs), demand for sterilization service is expected to grow at a high pace. Poor hygiene, infrastructure, and environmental conditions; inadequate equipment, lack of knowledge about infection control procedures, and dearth of
Electrophysiology Ablation Market Industry Analysis, Size, Share, Growth, Trends …
According to a recent study by Persistence Market Research, the global electrophysiology ablation market is expected to witness high growth from US$ 2.5 Bn in 2021 to US$ 6.3 Bn by 2031. This reflects a CAGR of around 8.4% over the forecast period (2021-2031). Rising morbidity and mortality due to cardiac disorders, especially arrhythmia, make this market more demanding. Moreover, new product innovation and increased adoption of electrophysiology ablation devices by
Medical Marijuana Market Value Chain, Dynamics and Key Players
The global Medical Marijuana Market is there to witness an irrevocable In Upcoming Years. Innovation in the form of digital tools is the buzzword all across. Even though it's the youth engaging in digital and social platforms, the geriatric population could get benefited by engaging the services therein. Thus, the exponential influx of e-business, online consultations, and booking, door-step delivery are likely to run through the enterprise going forward. According to
Immunoassay Interference Blocker Market: Development History, Current Analysis a …
Immunoassay Interference Blocker Market 2022 The immunoassay interference blocker-based market is expected to reach US$ 455 Mn by the end of 2031, with sales revenue expected to register 6.7% CAGR. As per Persistence Market Research's latest revised industry analysis, the global immunoassay interference blocker market was valued at US$ 223 Mn in 2020, and is expected to exhibit a CAGR of 6.7% over the forecast period (2021-2031). Click Here to Get Free Sample

All 5 Releases


More Releases for Vietnam

Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as
Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine. With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will
Agrochemicals Market in Vietnam
ReportsWorldwide has announced the addition of a new report title Vietnam: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Vietnam: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
Environmental disaster in Vietnam
In Vietnam occurred the biggest environmental disaster since the deployment of Agent Orange by the Americans during the Vietnam War. It happened almost unnoticed by the world while Europe was busy with the refugee crisis and America with the forthcoming presidential elections of the USA. The perpetrators of the environmental disaster come from abroad and are supported by the Vietnamese politicians, similar as it was happen at the Vietnam War. "
Tourists killed in Vietnam
Vietnam belongs for tourists to the most popular and safest travel destinations in the world, as long as one can believe officially widespread reports. However, this information may not been longer current since a long time. More and more tourists in Vietnam were killed at criminal offenses as well by tragic accidents. These accidents occur mostly due to insufficient checking for compliance with statutory safety regulations by the Vietnamese authorities.
Booming Tourism Sector in Vietnam
RNCOS has recently added a new Market Research Report titled, “Booming Tourism Sector in Vietnam” to its report gallery. Vietnam has become one of the most popular tourist destinations in the South-east region. The country’s tourism industry has been growing unprecedentedly over the past few years with rising domestic as well as international tourists. The travel & tourism industry accounted for 10% of the GDP in the Vietnamese economy during