Global Marker Pens Market Research Report 2023(Status and Outlook)

Global Marker Pens Market Research Report 2023(Status and Outlook)

Report Overview

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.

In China, Marker Pens key players include SAKURA COLOR, Guangdong Baoke Stationery Co.,Ltd., Zhaoqing Sita Stationary Commodity Co.,Ltd., etc.

Jiangsu-Zhejiang-Shanghai is the largest market, with a share over 35%, followed by Beijing-Tianjin-Hebei, and Fujian and Guangdong, both have a share over 40 percent.

In terms of product, Oily (Alcoholic) Marker is the largest segment, with a share about 55%. And in terms of application, the largest application is Design/Office, followed by Logistics, Education, etc.

The Global Marker Pens Market Size was estimated at USD 1705.40 million in 2022 and is projected to reach USD 1958.97 million by 2029, exhibiting a CAGR of 2.00% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Marker Pens market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Marker Pens Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Marker Pens market in any manner.

Global Marker Pens Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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

Market Segmentation (by Type)

Oily (Alcoholic) Marker

Water-based Marker

Market Segmentation (by Application)

Kidney Stones

Biliary Calculi

Salivary Stones

Pancreatic Stones

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Marker Pens Market

Overview of the regional outlook of the Marker Pens Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors