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One of the most emerging trends in marker pens is the introduction of water-based ink. This type of ink is not only environmentally friendly, but it also allows for smoother writing and better color saturation. Additionally, digital markers pens use special ink and paper to transfer handwritten notes and drawings onto digital devices, making it easier for artists and designers to digitize their work. Some digital markers even come equipped with features like pressure sensitivity, making them a popular choice for digital art and graphic design.
Arro-Mark Company L.L.C., Ballograf AB, BIC Group, DOMS, Drimark, Edding Group, Faber-Castell AG, Kokuyo, Mitsubishi Pencil Co,.ltd, Pentel Co., Ltd., Pilot Corporation, Shachihata Inc. are some of the major industry contenders.
Asia Pacific marker pens market held a revenue of around USD 320 million in 2023 and expected to reach USD 579 million by 2032, attributed to increasing product demand in educational institutions, rising popularity of calligraphy and hand lettering, and growing e-commerce sales.
Non-permanent marker pens segment accounted for revenue of around USD 432 million in 2023 and is expected to reach USD 769 million by 2032, as they come in a variety of colors, making it easy to color code information or create visually appealing presentations.
The marker pens industry was valued at USD 597 million in 2023 and is anticipated to register a CAGR of 6.6% between 2024 to 2032, due to the increasing demand for these writing instruments in various commercial applications.