The global Marker Pens market was valued at US$ 1672 million in 2019 and is expected to reach US$ 1920.6 million by the end of 2026, growing at a CAGR of 2.0% during 2021-2026.
Marker pen also known as marker. It is a special color pen for writing or painting. It contains ink and usually has a lid.Marker production area is more obvious.The regional consumer market is less obvious, and the demand for office stationery is relatively high in economically developed areas.In 2018, China’s light industry overcame adverse factors such as rising costs and the trade war between China and the United States, and worked hard to improve the quality of its development by taking consumption upgrading as its orientation.In 2018, China’s production capacity reached 8.5 billion markers, and the output was 7.1 billion. It is expected that by 2025, the national output will reach 9.8 billion markers, with a CAGR compound growth rate of 5%.Currently, in terms of volume, oil-based marker pens account for the majority of the market, about 56% (2018), and this proportion is expected to drop to 47% by 2025.After the popularity of alcoholic markers for a while, it is estimated that in a few years, the water-based marker market began to explode, because there are still too few water-based markers in China, and water-based markers still have many unique features in environmental protection and color use, which are beyond the reach of alcoholic markers.From the perspective of application, the most widely used marker is design/office, and its production share is as high as 59% (in 2018). It is expected that this field will remain the most widely used marker in the next six years, and its market share is expected to reach 59% by 2025.
Global Marker Pens Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Marker Pens Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Sakura Color, Guangdong Baoke Stationery Co.,Ltd., Zhaoqing Sita Stationary Commodity Co.,Ltd., Shanghai M&G Stationery Inc., Deli Group Co.,Ltd., Shenzhen Comix Group Co.,Ltd., Kunshan Lemei Stationery Co.,Ltd., Guangbo Group Stock Co.,Ltd and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-marker-pens-market-research-report
Segment by Type
- Oily (Alcoholic) Marker
- Water-based Marker
Segment by Application
Table of Content:
1 Marker Pens Market Overview
2 Marker Pens Market Competition by Manufacturers
3 Marker Pens Retrospective Market Scenario by Region
4 Global Marker Pens Historic Market Analysis by Type
5 Global Marker Pens Historic Market Analysis by Application
6 Key Companies Profiled
7 Marker Pens Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Marker Pens Market Dynamics
10 Global Marker Pens Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.