Global Marker Pens Market to Reach $492.3 Million by 2030
The global market for Marker Pens estimated at US$374.1 Million in the year 2023, is expected to reach US$492.3 Million by 2030, growing at a CAGR of 4% over the period 2023-2030. Permanent Marker Pens, one of the segments analyzed in the report, is expected to record 4.3% CAGR and reach US$316.4 Million by the end of the analysis period. Growth in the Non-Permanent Marker Pens segment is estimated at 3.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $99.9 Million, While China is Forecast to Grow at 6% CAGR
The Marker Pens market in the U.S. is estimated at US$99.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$101.5 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
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