Pencil Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Pencil Market By Product Type (2H-2B, 96-3H, 3B-6B, 9H-7H, 7B-9B), By End User (Students, Professionals, Institutions, and Others), and Geography

 

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Report

Description

The global pencil market size valued USD 13,393.9 million in 2021 and expected to reach USD 22,512.1 million by 2028, at a CAGR of 7.7% during the forecast period 2022-2028. Due to technological advancements in the pencil, development of more ecofriendly pencils. Moreover, increasing popularity of attractive and customized products among the consumers is also driving the growth of the global pencil market in the forecast period. Most of the other stationary products like pen and markers are made of plastic which is not biodegradable, however, pencils are made from wood which is completely biodegradable and don’t contribute to environmental pollution. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes competition investigation study with intensely illustrated the competition dashboard to measure the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Recent Market Developments:

In November 2020, Colegium, a Chilean edtech, acquired Pencil, a Colombian startup for kindergarten and preschool education to offer increased services to parents and teachers of preschool and kindergarten-aged children. In June 2021, Derwent launched Chromaflow colour pencils, formulated with rich pigments to deliver a bold, vibrant laydown at an affordable price in sets of 12 and 24.

Global Pencil Market

MARKET SUMMARY
-
7.7%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.7%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Pencil Market

  • The report on global pencil market gives historical, current and future market sizes (US$ Mn) based on product type, end user and region.
  • pencil market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global pencil market report include suppliers, manufacturers, and marketers, policy makers engaged in global pencil products.
Key Players
  • Derwent
  • Kokuyo Camlin
  • Prismacolor
  • Staedtler
  • Lyra, Faber-Castell
Pencil Market

Drivers And Restraints

Pencil has wide range application such as in writing, drawing, sketching, coloring, etc. Pencil markings are erasable in contrary to pens, sketch pens, and markers which are not erasable. Additionally, various customized and attractive products are rapidly gaining popularity among the children. Also, the global pencil market is growing environmental consciousness and concern for a healthy environment which have also led to an increased demand for eco-friendly products.


Asia-Pacific got significant share

Pencil Market

Asia Pacific accounted for larger revenue share in global pencil market with significant CAGR due to growing popularity among the students and its user friendliness. Furthermore, their developing economies, and technological advancements are also assisting in growth of pencil market in APAC region. After APAC region Middle East and Africa leads the global pencil market. In Middle East and African countries there is more practice of pencils than pen or other writing materials due to the cost effectiveness of the pencils. Europe and North America showed the smallest growth in due to there more fondness towards the pen, markers, and other writing materials due to their attraction towards costly and eye-catching pens owing to their high disposable incomes.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Notable Market Developments

Global pencil market is surging owing to frequent acquisitions, product launch, and collaborations by the market players.

  • For instance, in July 2017, Derwent launched its first mechanical pencil “the Derwent Precision”.

Key

Findings of the Report


Key

Features of the Report

Pencil Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Pencil Market Introduction
    • Global Pencil Market – Taxonomy
    • Global Pencil Market –Definitions
      • By Product Type
      • By End User
  1. Global Pencil Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Pencil Market Dynamic Factors – Impact Analysis
    • Global Pencil Market – Competition Landscape
  2. Global Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Pencil Market, By Product Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • 2H-2B
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 96-3H
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 3B-6B
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 9H-7H
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • 7B-9B
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Pencil Market, By End User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Students
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Professionals
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Institutions
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Pencil Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Pencil Market – Opportunity Analysis Index, By Product Type, By End User, and Region, 2019 – 2025
  2. North America Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 2H-2B
      • 96-3H
      • 3B-6B
      • 9H-7H
      • 7B-9B
    • End User Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Students
      • Professionals
      • Institutions
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Pencil Market – By Product Type, End User Type, and Country, 2019 – 2025
    • North America Pencil Market Dynamics – Trends
  3. Europe Global Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 2H-2B
      • 96-3H
      • 3B-6B
      • 9H-7H
      • 7B-9B
    • End User Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Students
      • Professionals
      • Institutions
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Pencil Market – By Product Type, End User Type, and Country, 2019 – 2025
    • Europe Pencil Market Dynamics – Trends
  4. Asia Pacific Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 2H-2B
      • 96-3H
      • 3B-6B
      • 9H-7H
      • 7B-9B
    • End User Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Students
      • Professionals
      • Institutions
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Asia Pencil Market – Opportunity Analysis Index, By Product Type, End User Type, and Country, 2019 – 2025
    • Asia Pencil Market Dynamics – Trends
  5. Latin America Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 2H-2B
      • 96-3H
      • 3B-6B
      • 9H-7H
      • 7B-9B
    • End User Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Students
      • Professionals
      • Institutions
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Pencil Market – Opportunity Analysis Index, By Product Type, End User Type, and Country, 2019 – 2025
    • Latin America Pencil Market Dynamics – Trends
  6. Middle East and Africa Pencil Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Product Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • 2H-2B
      • 96-3H
      • 3B-6B
      • 9H-7H
      • 7B-9B
    • End User Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Students
      • Professionals
      • Institutions
      • Others
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Pencil Market – Opportunity Analysis Index, By Product Type, End User Type, and Country, 2019 – 2025
    • MEA Pencil Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Product Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Derwent (UK)
      • Kokuyo Camlin (India)
      • Prismacolor (USA)
      • Staedtler (Germany)
      • Lyra, Faber-Castell (Germany)
      • Tombow (Japan)
      • Creatacolor (Austria)
      • Caran D’ache (Switzerland
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Derwent (UK)
  • Kokuyo Camlin (India)
  • Prismacolor (USA)
  • Staedtler (Germany)
  • Lyra, Faber-Castell (Germany)
  • Tombow (Japan)
  • Creatacolor (Austria)
  • Caran D’ache (Switzerland)

Description

The global pencil market size valued USD 13,393.9 million in 2021 and expected to reach USD 22,512.1 million by 2028, at a CAGR of 7.7% during the forecast period 2022-2028. Due to technological advancements in the pencil, development of more ecofriendly pencils. Moreover, increasing popularity of attractive and customized products among the consumers is also driving the growth of the global pencil market in the forecast period. Most of the other stationary products like pen and markers are made of plastic which is not biodegradable, however, pencils are made from wood which is completely biodegradable and don’t contribute to environmental pollution. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes competition investigation study with intensely illustrated the competition dashboard to measure the market competition. Moreover, PBI analyzed the global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Recent Market Developments:

In November 2020, Colegium, a Chilean edtech, acquired Pencil, a Colombian startup for kindergarten and preschool education to offer increased services to parents and teachers of preschool and kindergarten-aged children. In June 2021, Derwent launched Chromaflow colour pencils, formulated with rich pigments to deliver a bold, vibrant laydown at an affordable price in sets of 12 and 24.

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