Middle East & Africa Writing Instruments Market Size & Outlook
Middle East & Africa writing instruments market, 2018-2030 (US$M)
Related Markets
MEA writing instruments market highlights
- The MEA writing instruments market generated a revenue of USD 2,365.7 million in 2023.
- The market is expected to grow at a CAGR of 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 2,365.7 million |
| Market revenue in 2030 | USD 2,908.6 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Pen |
| Fastest growing segment | Pen |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 13.3% of the global writing instruments market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,659.3 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Writing Instruments Market Scope
Writing Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 35.93% in 2023. Horizon Databook has segmented the Middle East & Africa writing instruments market based on pen, pencil, coloring instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Nearly half of the population in the MEA region is aged less than 24 years. Moreover, 1 out of 5 people in the region are aged 10-24 years. Hence, the region provides lucrative opportunities for investments in the education sector.
UNICEF is working with governments and partners in more than 16 countries in this region to support the educational system and provide maximum access to learning opportunities and quality education.
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Our clientele includes a mix of writing instruments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa writing instruments market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa writing instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA writing instruments market size, by country, 2018-2030 (US$M)
Middle East & Africa Writing Instruments Market Outlook Share, 2023 & 2030 (US$M)
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