Home > Consumer Goods & Services > Retail > Stationery > Writing Instruments Market

Writing Instruments Market Trends

Report ID: GMI7724
Published Date: Dec 2023
Report Format: PDF

Download Free Sample

Writing Instruments Market Trends

There has been a growing demand for eco-friendly and sustainable writing instruments. Consumers are increasingly conscious of the environmental impact of disposable pens, leading to the development of pens made from recycled materials and biodegradable alternatives. Customized and personalized writing instruments have gained popularity. Brands offer options for engraving, unique designs, and personalized features, allowing consumers to create individualized and meaningful writing tools.

Authors: Avinash Singh, Sharad Varpe

Frequently Asked Questions (FAQ) :

Global market for writing Instruments was valued at USD 16.6 billion in 2023 and is anticipated to register over 5.8% CAGR between 2023 and 2032 as the student population grows along with the development of the education sector.

The pens segment was worth USD 11.6 billion in 2023 and will grow significantly through 2032 as ballpoint pens are known for their convenience, reliability, and widespread availability, making them a preferred choice for everyday use.

The U.S. industry accounted for over USD 4.1 billion in 2023 and will witness substantial growth through 2032 due to a large student population in the region.

Newell Brands, BIC Group, and STAEDTLER Mars GmbH & Co. HG. among others are the main industry contenders.