Pencil Market: By Product Type, By End User, and Region Forecast 2019-2030 

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Pencil Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type ( Graphite Pencils, 2H-2B, 96-3H, 3B-6B, 9H-7H, 7B-9B, Recycled Paper Pencils), By End User (Students, Professionals, Institutions, and Others), and Region Forecast 2019-2030 

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Pencil Market size was valued at US$ 13,893.9 million in 2023 and is expanded to grow at a significant CAGR of 9.7% from 2024-2030. The pencil has a wide range of applications, such as writing, drawing, sketching, colouring, etc. Pencil markings are erasable, unlike pens, sketch pens, and markers that are not erasable. People's positive perspectives toward education are reflected in the rise in literacy rates. According to the UNESCO Institute for Statistics (UIS), 258 million children and youth completed their education in 2018. This number includes 59 million elementary school students, 62 million lower secondary students, and 138 million upper secondary students. The global literacy rate for 15 and up has climbed to 86.47 percent in 2019.

This demonstrates the value of education and provides an opportunity for the writing tool sector, increasing the demand for pencils. To meet the desires and needs of customers, pencil makers are investing heavily in R&D. They conduct functional tests on writing instruments before and after development and production to ensure attractiveness, a comfortable grip, a long-lasting impact, and a better writing experience. Most other stationery items, such as pens and markers, are made of non-biodegradable plastic; however, pencils are made of wood, which is fully biodegradable and does not pollute the environment. The graphite-colored market's supply chain has been disrupted due to the COVID-19 epidemic, which will slow market growth in the short term.

Key Developments

  • In June 2021, Derwent® has officially released Chromaflow colour pencils, formulated with rich pigments to deliver a bold, vibrant laydown. The Chromaflow line is available at an affordable price in sets of 12 and 24 and can now be purchased at DerwentArt.com, Blick Art Materials and on Amazon.
  • In November 2020, Faber-Castell launches recycled paper pencils, expands it's commitment towards sustainablity.

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Global Pencil Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.7%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Pencil Market Dynamics

The increased availability of items in the market is due to increased imports of raw materials at lower prices and the simple method of pencil manufacture. Over the predicted period, demand for pencils is expected to rise. The introduction of new and creative multipurpose writing instruments has been critical in broadening the worldwide market's breadth. The worldwide market will be hampered by the requirement to invest in a high-quality sketching pencil set and difficulty holding objects.

Global Pencil Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 13,893.9 million

Market CAGR

7.7%

By Product Type

  • Graphite Pencils
  • 2H-2B
  • 96-3H
  • 3B-6B
  • 9H-7H
  • 7B-9B
  • Recycled Paper Pencils

By End-User

  • Students
  • Professionals
  • Institutions
  • Others

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The pencil market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis 

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Frequently Asked Questions

The global pencil market size was valued at US$ 13,893.9 million in 2023 and is expanded to grow at a significant CAGR of 9.7% from 2024-2030.

The key players of the market are Derwent (UK), Kokuyo Camlin (India), Prismacolor (USA), Staedtler (Germany), Lyra, Faber-Castell (Germany), Tombow (Japan), Creatacolor (Austria), Caran D’ache (Switzerland)

Asia Pacific is the fastest-growing region for market

1. Executive Summary
2. Global Pencil Market Introduction
2.1. Global Pencil Market – Taxonomy
2.2. Global Pencil Market – Definitions
2.2.1. By Product Type
2.2.2. By End User
2.2.3. By Region
3. Global Pencil Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Pencil Market Dynamic Factors - Impact Analysis
3.6. Global Pencil Market – Competition Landscape
4. Global Pencil Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis,2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Pencil Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Graphite Pencils
5.1.1. 2H-2B
5.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.1.3. Market Opportunity Analysis
5.1.2. 96-3H
5.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.2.3. Market Opportunity Analysis
5.1.3. 3B-6B
5.1.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3.3. Market Opportunity Analysis
5.1.4. 9H-7H
5.1.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.4.3. Market Opportunity Analysis
5.1.5. 7B-9B
5.1.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.5.3. Market Opportunity Analysis
5.2. Recycled Paper Pencils
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Pencil Market, By End User, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1. Students
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Professionals
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Institutions
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Others
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Pencil Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2019 - 2023and Forecast, 2024 - 2030(Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Region, 2024 - 2030
8. North America Pencil MarketAnalysis,2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Graphite Pencils
8.1.1.1. 2H-2B
8.1.1.2. 96-3H
8.1.1.3. 3B-6B
8.1.1.4. 9H-7H
8.1.1.5. 7B-9B
8.1.2. Recycled Paper Pencils
8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Students
8.2.2. Professionals
8.2.3. Institutions
8.2.4. Others
8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030
8.5. North America Pencil Market Dynamics – Trends
9. Europe Pencil Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Graphite Pencils
9.1.1.1. 2H-2B
9.1.1.2. 96-3H
9.1.1.3. 3B-6B
9.1.1.4. 9H-7H
9.1.1.5. 7B-9B
9.1.2. Recycled Paper Pencils
9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Students
9.2.2. Professionals
9.2.3. Institutions
9.2.4. Others
9.3. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Rest of Europe
9.4. Europe Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030
9.5. Europe Pencil Market Dynamics – Trends
10. Asia-Pacific Pencil Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
10.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Graphite Pencils
10.1.1.1. 2H-2B
10.1.1.2. 96-3H
10.1.1.3. 3B-6B
10.1.1.4. 9H-7H
10.1.1.5. 7B-9B
10.1.2. Recycled Paper Pencils
10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Students
10.2.2. Professionals
10.2.3. Institutions
10.2.4. Others
10.3. Country Analysis2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. China
10.3.2. India
10.3.3. Japan
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Country,2024 - 2030
10.5. Asia-Pacific Pencil Market Dynamics – Trends
11. Latin America Pencil Market Analysis,2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
11.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Graphite Pencils
11.1.1.1. 2H-2B
11.1.1.2. 96-3H
11.1.1.3. 3B-6B
11.1.1.4. 9H-7H
11.1.1.5. 7B-9B
11.1.2. Recycled Paper Pencils
11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Students
11.2.2. Professionals
11.2.3. Institutions
11.2.4. Others
11.3. Country Analysis 2019 - 2023and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Rest of Latin America
11.4. Latin America Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030
11.5. Latin America Pencil Market Dynamics – Trends
12. Middle East and Africa Pencil Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030(Revenue, USD Mn)
12.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Graphite Pencils
12.1.1.1. 2H-2B
12.1.1.2. 96-3H
12.1.1.3. 3B-6B
12.1.1.4. 9H-7H
12.1.1.5. 7B-9B
12.1.2. Recycled Paper Pencils
12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Students
12.2.2. Professionals
12.2.3. Institutions
12.2.4. Others
12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. South Africa
12.3.3. Rest of MEA
12.4. MEA Pencil Market - Opportunity Analysis Index, By Product Type, End User, and Country, 2024 - 2030
12.5. MEA Pencil Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product TypeOfferings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Derwent (UK)
13.2.2. Kokuyo Camlin (India)
13.2.3. Prismacolor (USA)
13.2.4. Staedtler (Germany)
13.2.5. Lyra, Faber-Castell (Germany)
13.2.6. Tombow (Japan)
13.2.7. Creatacolor (Austria)
13.2.8. Caran D’ache (Switzerland)
14. Research Methodology
15. Key Assumptions and Acronyms

Key Market Players

  • Derwent
  • Kokuyo Camlin
  • Prismacolor
  • Staedtler
  • Lyra, Faber-Castell.
  • Faber-Castell
  • General Pencil Company
  • Staedtler
  • Caran d'Ache
  • ACCO Brands Corporation
  • Cretacolor
  • BIC
  • China First Pencil
  • FILA Group
  • Hindustan Pencils
  •  

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