Product Type (Pen, Pencil, Colouring Instruments)
The pen segment is expected to hold the largest share of the writing instruments market during the forecast period. By 2037, the pen segment will hold a share of 36%. The accessibility of a diverse range of pen types, such as ballpoint pens, gel pen, and others at numerous price range, escalate the demand for pen among users. The population's changing living standards and readiness to buy branded goods to satisfy personal preferences connected to a particular brand are the main factors driving the market expansion.
End Users (Students, Institutions, Working Professionals)
The student writing instruments market will account for largest share of 50% by 2037. The development can be attributed to the widespread adoption of basic elementary education thanks to programs like the Scheme for Providing Quality Education in Madrasas (SPQEM), a government effort. The rising value of foundational education, along with recent advancements in technology and daily activities, is expected to considerably facilitate the growing demand for writing and drawing among pupils.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Parul Atri
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