Press release
Writing Instruments Market: Global Industry Analysis and Forecast 2016 - 2022
Inclination in the utilization of luxury writing instruments as a matter of status symbol is one of the key growth drivers of global writing instruments market. Apart from this, acceptance of personalized pens as gifting preferences is also likely to fuel the growth of the global writing instruments market from 2016-2022. Changing preferences of urban households is also one of the factor fuelling the growth of the market. The rising demand for writing instruments as a corporate gifts and utilization in various exhibitions, trade shows, events, conferences and seminars is expected to boost the growth of global writing instruments over the period 2016-2022.
Global Writing Instruments market is segmented by: product type, users, distribution channel and by region
Global Writing Instruments Market by Product Type
Pencil
Colored
Black Pencil
Others
Pen
Fountain Pen
Ball Point Pen
Roller Pen
Gel Pen
Others
Coloring Instrument
Highlighter
Marker
Writing Accessories
Global Writing Instruments Market by Users
Students
Professional
Institutions
Others
Global Writing Instruments Market by Distribution Channel
Stationers
Departmental Store
Supermarket/Hypermarket
Online Channels
Geographically, the Global Writing Instruments industry can be divided by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Due to availability of large number of medium and small enterprises in the manufacturing of writing instruments, Asia-Pacific marked the highest share in global writing instruments market in 2015 followed by it North America and Europe. Increasing focus on education sector and robust demand for good and eminent writing instruments are the core drivers of the market growth which is anticipated to retain the dominance of Asia pacific in writing instruments during the forecast period.
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Some of the top players identified across the value chain of the global writing instruments include faber-castell, camlin, Mitsubishi pencil, crayols, Societe BIC, Pilot Corporation, STABILO International, Hindustan Pencils (Natraj), Reynolds, Shanghai M&G Stationary, Newell Rubbermaid, and others. The companies are anticipated to compete on the basis differentiation in prices, new and innovative writing instruments and wide product portfolio. The manufacturers are expected to follow new business strategies related to pricing and other in order to grab the major chunk in global writing instruments market in future.
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The report covers exhaustive analysis on:
Writing Instruments Market Segments
Writing Instruments Market Dynamics
Historical Actual Market Size, 2013 - 2015
Writing Instruments Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Writing Instruments Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Writing Instruments Market Drivers and Restraints
Regional analysis for Writing Instruments Market includes
North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa
Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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