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In 2023, dominant market players, including Kokuyo Camlin, BIC, Pilot Corporation, Faber-Castell, 3M collectively holds more than 40% market share. These prominent players are proactively involved in strategic endeavors like mergers & acquisitions, facility expansions, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research and development, aiming to enhance their designs and integrate cutting-edge technologies, ensuring they maintain a competitive edge.
Major players operating in the stationery products industry include: