U.S. Writing Instruments Market Size & Outlook, 2023-2030
U.S. writing instruments market, 2018-2030 (US$M)
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U.S. writing instruments market highlights
- The U.S. writing instruments market generated a revenue of USD 3,388.0 million in 2023 and is expected to reach USD 4,776.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 5% 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 3,388.0 million |
| Market revenue in 2030 | USD 4,776.4 million |
| Growth rate | 5% (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, U.S. accounted for 19.1% 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 North America, U.S. writing instruments market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 305.6 million by 2030.
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Writing Instruments Market Scope
Writing Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 34.15% in 2023. Horizon Databook has segmented the U.S. writing instruments market based on pen, pencil, coloring instruments covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is the largest market for stationery products in North America. The increasing employment rate in the country, owing to the presence of numerous corporate firms, is expected to positively impact market growth. Moreover, increasing number of students in the country willing to pursue college as well as university degrees would further fuel market growth during the forecast period.
Between 2015 and 2016, there were approximately 98,277 public and 34,576 private schools in the U.S. High disposable income, allowing parents to support their children’s education, and numerous scholarships provided by various schools and colleges are encouraging students to pursue higher levels of education.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. writing instruments market , including forecasts for subscribers. This country databook contains high-level insights into U.S. writing instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. writing instruments market size, by product, 2018-2030 (US$M)
U.S. Writing Instruments Market Outlook Share, 2023 & 2030 (US$M)
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