The Global Washable
Markers Market size is estimated to reach USD
593.7 Million by 2028 from USD 469.1 Million in 2020, delivering a CAGR of
2.90% through 2028, according to a new report by Reports and Data. The major
factors driving the demand for washable markers is the exponential rise in the
number of school-going children, along with the increasing disposable income of
households in developing economies.
The
report discusses in detail the strategic alliances such as mergers and
acquisitions, joint ventures, collaborations, partnerships, corporate and
government deals, product launches and brand promotions, and licensing
agreements undertaken by the key players to gain a robust footing in the market.
The Washable Markers market research report also offers a thorough SWOT
analysis and Porter’s Five Forces analysis to offer key insights into the
company’s progress and position.
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sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/1963
Key Players:
The players operating
in the global washable markers market are Crayola, Liqui-Mark Corporation,
Faber – Castell, Luxor Writing Instruments Pvt. Ltd., F.I.L.A. Group, Dri Mark
Products Inc., STABILO International GmbH, Carioca S.p.a., Newell Brands, and
Kokuyo Camlin Ltd., among others.
Further
key findings from the report suggest:
- In terms of type, the semi-washable
marker segment is estimated to account for 43.2% of the global washable
market share, delivering a CAGR of 2.9% through 2027.
- Based on function, the
rehydrateable segment is forecast to contribute revenue of nearly USD
174.6 Million to the market share, witnessing a growth rate of 3.3% over
the forecast period.
- The multi-surface markers segment
accounted for 31.4% of the washable marker market revenue share in 2019
and is estimated to witness a growth rate of 2.1% over the projected
timeframe.
- In the regional landscape, the
North American region accounted for the largest chunk of the global
washable market share of nearly 39.4% in 2019, followed by Europe with
24.8% of market share on account of preference for advanced teaching
techniques across educational institutions in the regions.
- The Asia Pacific region is forecast
to witness the fastest CAGR of 4.8% over the analysis period owing to the
growing number of educational institutes in the emerging economies. China,
South Korea, and India remain some of the major contributors to regional
growth.
- In April 2017, a leading
manufacturer of a wide range of stationery products, Kokuyo Camlin, began
its new factory in Maharashtra, India. The new facility is the largest in
the Asia Pacific region.
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Market
Segmentation:
Type Outlook (Revenue,
USD Million; 2018-2028)
- Semi-Washable
- Ultra-Clean Washable
- Self-Vanishing
Functions Outlook
(Revenue, USD Million; 2018-2028)
- Rehydrateable
- Non-Toxic
- Multi-Surface
- Scented
Applications Outlook
(Revenue, USD Million; 2018-2028)
- Children Usage
- Educational Sectors
- Official Purpose
- Others
Regional Outlook
(Revenue, USD Million; 2018-2028)
- North America
- U.S.
- Europe
- U.K.
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
Browse
full report here @
https://www.reportsanddata.com/report-detail/washable-markers-market
Objective of Studies:
·
To
provide detailed analysis of the market structure along with forecast of the
various segments and sub-segments of the global Washable Markers market.
·
To
provide insights about factors affecting the market growth. To analyze the Washable
Markers market based on various factors- price analysis, supply chain analysis,
Porte five force analysis etc.
·
To
provide historical and forecast revenue of the market segments and sub-segments
with respect to four main geographies and their countries- North America, Europe,
Asia, Latin America and Rest of the World.
·
To
provide country level analysis of the market with respect to the current market
size and future prospective.
·
To
provide country level analysis of the market for segment by application,
product type and sub-segments.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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