Pencil Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Pencil Market 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 Geography

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Description
Table Of Content
Company Profile

Report

Description

Pencil Market size was valued at USD 13,393.9 million in 2021 and is expanded to grow at a significant CAGR of 7.7% over 2022-2028. 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 pencil market’s supply chain has been disrupted due to the COVID-19 epidemic, which will slow market growth in the short term.

Recent Market 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.

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

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 pencil market’s breadth. The worldwide pencil market will be hampered by the requirement to invest in a high-quality sketching pencil set and difficulty holding objects.

Asia-Pacific Got Significant Share

Pencil Market

During the projection period, the Asia Pacific region is expected to grow at a considerable CAGR (2022-2028). This expansion is expected to be driven by increasing demand for drawing pencils from various end-use industries, such as commercial and school applications. Due to increased demand from education and art & craft applications, Europe is expected to dominate during the projection period, resulting in a stable market share across the study period. Manufacturers are developing new product options such as stylus pens, various coloured inks, and pencils of various sizes. In addition, businesses are employing novel techniques to expand the application breadth among students.

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

The report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
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 startup’s details that are actively working in the market
The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Pencil Market Segmentation

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 Geography

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Russia
Poland
Rest of Europe

Asia-Pacific

Japan
China
India
Australia & New Zealand
ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
South Korea
Rest of Asia-Pacific

Latin America

Brazil
Mexico
Argentina
Rest of Latin America

Middle East and Africa (MEA)

Gulf Cooperation Council (GCC) Countries
Israel
South Africa
Rest of MEA

Location

GEOGRAPHY

Frequently Asked Questions

The pencil market is projected to expand at a CAGR of 7.7% during the forecast period

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

Asaia Pacific is the fastest-growing region for pencil market

Report

Table Of Content

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, 2017 – 2021 and Forecast, 2022 – 2028

4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028(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, 2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

5.1. Graphite Pencils

5.1.1. 2H-2B

5.1.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)

6.1. Students

6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

7.1. North America

7.1.1. Market Analysis, 2017 – 2021and Forecast, 2022 – 2028(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, 2017 – 2021and Forecast, 2022 – 2028(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, 2017 – 2021and Forecast, 2022 – 2028(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, 2017 – 2021and Forecast, 2022 – 2028(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, 2017 – 2021and Forecast, 2022 – 2028(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, 2022 – 2028

8. North America Pencil MarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

8.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028by 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, 2022 – 2028

8.5. North America Pencil Market Dynamics – Trends

9. Europe Pencil Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021and Forecast 2022 – 2028 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, 2022 – 2028

9.5. Europe Pencil Market Dynamics – Trends

10. Asia-Pacific Pencil Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 Analysis2017 – 2021and Forecast 2022 – 2028 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,2022 – 2028

10.5. Asia-Pacific Pencil Market Dynamics – Trends

11. Latin America Pencil Market Analysis,2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021and Forecast 2022 – 2028 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, 2022 – 2028

11.5. Latin America Pencil Market Dynamics – Trends

12. Middle East and Africa Pencil Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028(Revenue, USD Mn)

12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028

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

Description

Description

Recent Market Developments:

In November 2020, Faber-Castell launches recycled paper pencils, expands it’s commitment towards sustainablity.

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Pencil Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Description

Pencil Market

Pencil Market

Features of the Report

By Product Type

By End-User

By Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Product categories

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