Market Overview:
The global felt tip pens market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for felt tip pens in various applications, technological advancements, and rising disposable income of consumers. In terms of type, the oily felt-tip pen segment is expected to lead the global market during the forecast period owing to its properties such as high opacity and quick-drying ink that make it suitable for writing on a variety of surfaces.
Product Definition:
A felt-tip pen is a type of writing instrument that features a porous, felt-covered tip. The ink is absorbed by the fibers in the tip, which creates a smooth line. Felt-tip pens are available in various colors and widths. They are commonly used for drawing and writing on paper.
Oily Felt-tip Pen:
Oily felt-tip pen is a mechanical writing instrument, which is made up of three components namely, an ink reservoir (for holding the liquid), a rubber “grip” where the pen meets the paper and lastly, an applicator “tail”. The whole assembly is held in place by virtue of pressure from a thin layer of silicone grease that acts as adhesive.
Water-based Felt-tip Pen:
Water-based felt-tip pen is a type of felt tip pen that uses water as its ink. It is usually used for quick notes, ideas, or drawings. The thin layer of the waterproof paper (or plastic) enables the pen to be used in water as well as under extreme temperatures. These pens are mostly preferred by students and people who do not want to spend extra on expensive ballpoint pens.
Application Insights:
The student application segment led the global market in 2017. The growth of this segment can be attributed to increasing demand for felt tip pens from students due to its convenience and ease of use. Felt tip pens are available in various colors, shapes and sizes which appeal to a large student population thereby driving the product demand globally.
The office worker application segment is expected register a significant CAGR over the forecast period owing to growing digitalization across offices coupled with an increase in writing activities at work. Office workers require efficient tools that help them complete their tasks quickly along with quality output, which is likely drive the product demand among office workers globally over the forecast period. Furthermore, an increase in focus on wellness programs among employees is likely fuel felt tip pen sales at workplace cafeterias or eateries where employees gather to eat together and discuss about work related topics leadingto increased revenue for business owners operating these eateries or cafeterias worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and well-established educational institutes. The region is expected to maintain its dominance over the forecast period due to increasing demand for felt tip pens from countries, such as U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing to rising disposable income levels coupled with expanding education sector in economies like India and China. Moreover, increasing government initiatives towards implementation of advanced technologies are projected to fuel product demand in this region over next eight years. Water-based felt tip pen segment held majority share in Asia Pacific market due high consumption volume on account lower price point as compared with other segments based on oil content (oily). However, alcohol-based segment is also gaining significant traction among students due its affordability along with ease while using it across various surfaces including paper & board products such as note books & white boards etc.).
Growth Factors:
- Increasing demand for felt tip pens in the education sector as they are easy to use and less messy.
- Rising demand from the creative segment for various design and art applications.
- Growing popularity of felt tip pens among young adults and children due to their vibrant colors and fun designs.
- Increasing use of felt tip pens in calligraphy and other creative writing applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Felt Tip Pens Market Research Report
By Type
Oily Felt-tip Pen, Water-based Felt-tip Pen, Alcoholic Felt-tip Pen
By Application
Student, Office Worker
By Companies
COPIC, TOUCH, Shanghai M&G Stationery, Winsor&Newton, STAEDTLER Mars, Deli Group, STABILO, BAOKE, Comix, Turecolor, BEIFA, Qingdao Changlong Stationery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Felt Tip Pens Market Report Segments:
The global Felt Tip Pens market is segmented on the basis of:
Types
Oily Felt-tip Pen, Water-based Felt-tip Pen, Alcoholic Felt-tip Pen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Student, Office Worker
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- COPIC
- TOUCH
- Shanghai M&G Stationery
- Winsor&Newton
- STAEDTLER Mars
- Deli Group
- STABILO
- BAOKE
- Comix
- Turecolor
- BEIFA
- Qingdao Changlong Stationery
Highlights of The Felt Tip Pens Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oily Felt-tip Pen
- Water-based Felt-tip Pen
- Alcoholic Felt-tip Pen
- By Application:
- Student
- Office Worker
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Felt Tip Pens Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Felt tip pens are a type of pen that uses felt tips to create ink. They are often used for drawing and writing, and come in a variety of colors.
Some of the major companies in the felt tip pens market are COPIC, TOUCH, Shanghai M&G Stationery, Winsor&Newton, STAEDTLER Mars, Deli Group, STABILO, BAOKE, Comix, Turecolor, BEIFA, Qingdao Changlong Stationery.
The felt tip pens market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Felt Tip Pens Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Felt Tip Pens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Felt Tip Pens Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Felt Tip Pens Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Felt Tip Pens Market Size & Forecast, 2018-2028
4.5.1 Felt Tip Pens Market Size and Y-o-Y Growth
4.5.2 Felt Tip Pens Market Absolute $ Opportunity
Chapter 5 Global Felt Tip Pens Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Felt Tip Pens Market Size Forecast by Type
5.2.1 Oily Felt-tip Pen
5.2.2 Water-based Felt-tip Pen
5.2.3 Alcoholic Felt-tip Pen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Felt Tip Pens Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Felt Tip Pens Market Size Forecast by Applications
6.2.1 Student
6.2.2 Office Worker
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Felt Tip Pens Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Felt Tip Pens Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Felt Tip Pens Analysis and Forecast
9.1 Introduction
9.2 North America Felt Tip Pens Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Felt Tip Pens Market Size Forecast by Type
9.6.1 Oily Felt-tip Pen
9.6.2 Water-based Felt-tip Pen
9.6.3 Alcoholic Felt-tip Pen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Felt Tip Pens Market Size Forecast by Applications
9.10.1 Student
9.10.2 Office Worker
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Felt Tip Pens Analysis and Forecast
10.1 Introduction
10.2 Europe Felt Tip Pens Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Felt Tip Pens Market Size Forecast by Type
10.6.1 Oily Felt-tip Pen
10.6.2 Water-based Felt-tip Pen
10.6.3 Alcoholic Felt-tip Pen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Felt Tip Pens Market Size Forecast by Applications
10.10.1 Student
10.10.2 Office Worker
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Felt Tip Pens Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Felt Tip Pens Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Felt Tip Pens Market Size Forecast by Type
11.6.1 Oily Felt-tip Pen
11.6.2 Water-based Felt-tip Pen
11.6.3 Alcoholic Felt-tip Pen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Felt Tip Pens Market Size Forecast by Applications
11.10.1 Student
11.10.2 Office Worker
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Felt Tip Pens Analysis and Forecast
12.1 Introduction
12.2 Latin America Felt Tip Pens Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Felt Tip Pens Market Size Forecast by Type
12.6.1 Oily Felt-tip Pen
12.6.2 Water-based Felt-tip Pen
12.6.3 Alcoholic Felt-tip Pen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Felt Tip Pens Market Size Forecast by Applications
12.10.1 Student
12.10.2 Office Worker
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Felt Tip Pens Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Felt Tip Pens Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Felt Tip Pens Market Size Forecast by Type
13.6.1 Oily Felt-tip Pen
13.6.2 Water-based Felt-tip Pen
13.6.3 Alcoholic Felt-tip Pen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Felt Tip Pens Market Size Forecast by Applications
13.10.1 Student
13.10.2 Office Worker
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Felt Tip Pens Market: Competitive Dashboard
14.2 Global Felt Tip Pens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 COPIC
14.3.2 TOUCH
14.3.3 Shanghai M&G Stationery
14.3.4 Winsor&Newton
14.3.5 STAEDTLER Mars
14.3.6 Deli Group
14.3.7 STABILO
14.3.8 BAOKE
14.3.9 Comix
14.3.10 Turecolor
14.3.11 BEIFA
14.3.12 Qingdao Changlong Stationery
