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Global Marker Pens Market to Record Heightened Sales During the Forecast Period 2022-2032

According to a recent Persistence Market Research research, the Marker pens market will grow at a CAGR of 2.9% during the forecast period (2018-2026). Academic institutions and related end-use sectors continue to see rising demand for marker pens. However, considerable development is also anticipated in the commercial end-use sector.

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A sizable portion of the entire marker pens market comes from schools. In schools, the use of writing implements including notebooks, pens, whiteboards, etc. has had a considerable impact on the marker pen market. Marker pens and marker boards are steadily replacing the use of chalk and blackboards.

Companies:

    • Newell Brands, Inc.
    • STAEDTLER Mars GmbH & Co.KG
    • Kokuyo Camlin Ltd.
    • Société BIC SA
    • Pilot Corporation
    • Mitsubishi Pencil Co., Ltd
    • Pelikan International Corporation Berhad
    • Shanghai M&G Stationery Inc.
    • Luxor Writing Instruments Private Limited
    • Flair Group of Companies
    • Pentel Co., Ltd.
    • Zebra Co. Ltd
    • Monami Co., Ltd
    • STABILO International GmbH
    • Adel
    • Schneider Schreibgerate GmbH
    • Yosogo Writing Instrument Sdn.Bhd.
    • Penflex
    • Jin Shun Lee Sdn.Bhd.

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Marker Pens 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 marker pen market. Companies are expected to employ writing instruments such as marker pens for several promotional aspects that are likely to benefit the global marker pens market.

Marker Pens Market Analysis, by Sales channel

Hypermarket/supermarkets are expected to remain the preferred sales channels for marker pens. The online sales channel is estimated to grow at a high CAGR of 3.5% over the forecast period. This is attributed to the increasing number of people using internet and smartphones for shopping for various products such as groceries and fast moving consumer goods, including stationery products.

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Marker Pens Market Analysis, by Region

On the basis of region, Asia Pacific region is projected to remain dominant in the global marker pen market throughout the forecast period. Permanent marker pen segment is estimated to account for a significant market share of 58% in the APAC market by 2018 end.

About Us

About Consumer Goods Division at Persistence Market Research, The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.

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