Global Marker Pens Market Growth 2023-2029

Global Marker Pens Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Marker Pens Industry Forecast” looks at past sales and reviews total world Marker Pens sales in 2022, providing a comprehensive analysis by region and market sector of projected Marker Pens sales for 2023 through 2029. With Marker Pens sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Marker Pens industry.
This Insight Report provides a comprehensive analysis of the global Marker Pens landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Marker Pens portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Marker Pens market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Marker Pens and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Marker Pens.
The global Marker Pens market size is projected to grow from US$ 1701.7 million in 2022 to US$ 1964.7 million in 2029; it is expected to grow at a CAGR of 1964.7 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Marker Pens market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Oily (Alcoholic) Marker
Water-based Marker
Segmentation by application
Design/Office
Logistics
Education
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Marker Pens market?
What factors are driving Marker Pens market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Marker Pens market opportunities vary by end market size?
How does Marker Pens break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.