India Writing Instruments Market Size & Outlook, 2023-2030
India writing instruments market, 2018-2030 (US$M)
Related Markets
India writing instruments market highlights
- The India writing instruments market generated a revenue of USD 1,668.2 million in 2023 and is expected to reach USD 2,236.9 million by 2030.
- The India market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, pen was the largest revenue generating product in 2023.
- Pen is the most lucrative product segment registering the fastest growth during the forecast period.
Writing instruments market data book summary
| Market revenue in 2023 | USD 1,668.2 million |
| Market revenue in 2030 | USD 2,236.9 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Pen |
| Fastest growing segment | Pen |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pen, Pencil, Coloring Instruments |
| Key market players worldwide | Newell Brands Inc, Mitsubishi Corp, Pilot Corp, Faber-Castell, Linc Pen & Plastics, Hindustan Pencils, Flair Pens, M&G Stationery, Luxor Group, PLUS Corporation |
Other key industry trends
- In terms of revenue, India accounted for 9.4% of the global writing instruments market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China writing instruments market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,236.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Writing Instruments Market Scope
Writing Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India writing instruments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to writing instruments market will help companies and investors design strategic landscapes.
Pen was the largest segment with a revenue share of 36.38% in 2023. Horizon Databook has segmented the India writing instruments market based on pen, pencil, coloring instruments covering the revenue growth of each sub-segment from 2018 to 2030.
India has been one of the fastest-growing consumer markets globally, transforming from an informal and unorganized market into an organized retail market, particularly in major cities and tier II cities & towns. The writing instruments industry is one of the rapidly growing consumer goods industries in India with a strong potential for foreign companies.
The writing instruments industry in India has continually displayed strong growth with an increase in stocks of products from around the world, particularly China, due to the increasing shelf space in retail stores.
The growth of higher percentage of youth population with rising disposable income in various Indian cities, growth in working-class population, mounting aspirations, changing lifestyles, increased affordability of lifestyle-oriented and luxury products, as well as greater product choice & availability in India are the major factors driving the demand for writing instruments among consumers in the country.
Reasons to subscribe to India writing instruments market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India writing instruments market databook
-
Our clientele includes a mix of writing instruments market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India writing instruments market , including forecasts for subscribers. This country databook contains high-level insights into India writing instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India writing instruments market size, by product, 2018-2030 (US$M)
India Writing Instruments Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
