Global Washable Markers Market to Reach $706 Million by 2030
The global market for Washable Markers estimated at US$525 Million in the year 2023, is expected to reach US$706 Million by 2030, growing at a CAGR of 4.3% over the period 2023-2030. Basic-Washable Markers, one of the segments analyzed in the report, is expected to record 4.3% CAGR and reach US$424.6 Million by the end of the analysis period. Growth in the Super-Washable Markers segment is estimated at 4.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $139.2 Million, While China is Forecast to Grow at 6.6% CAGR
The Washable Markers market in the U.S. is estimated at US$139.2 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$150.1 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.
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