Market Overview:
The global washable markers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for washable markers from children and professionals. In terms of type, the basic washable markers segment is expected to dominate the global market during the forecast period, owing to their low price and easy availability. However, with technological advancements, super-washable markers are gaining popularity among consumers due to their superior performance over basic washable markers. In terms of application, the children segment is expected to account for a major share of the global market during the forecast period as they are widely used by schoolchildren for various purposes such as drawing and writing assignments.
Product Definition:
Washable markers are a type of marker pen that can be easily washed off skin and most surfaces with soap and water. They are often used for creating temporary markings, such as in children's art projects.
Basic Washable Markers :
Basic washable markers are the pen-like devices that are used for making quick notes and drawings on almost any surface. They can be used in offices, classrooms, restaurants, airplanes and even while traveling. The product is gaining popularity among students as well as businesspersons owing to its features including high legibility of text and images coupled with ease of use.
Super-Washable Markers:
Super-washable markers are also known as water-based or solvent-based markers. They are used to write, draw or print on most nonporous surfaces without any color loss after being washed with water and soap. These products contain special ingredients that prevent the ink from drying up when it is in contact with water and other liquids.
Application Insights:
The professionals segment held the largest market share of more than 60% in 2017. The growing use of washable markers by teachers, doctors, nurses and other hospital staff to communicate with patients and visitors is expected to be a key factor driving the segment growth over the forecast period. Furthermore, increasing awareness about super-washable markers among professionals is likely to fuel demand over the next eight years.
The children application segment was valued at USD 120 million in 2017 owing to rising usage of these products by schools and parents for marking school books or papers during class hours or after school hours respectively. In addition, increasing number of schools conducting classes on Saturdays and Sundays as well as holidays due to growing consumer preference for weekend education programs is expected drive product demand from 2018 through 2030 ¢â‚¬â€œ2030.
Regional Analysis:
North America washable markers market is expected to witness significant growth over the forecast period owing to increasing demand for art and craft supplies in the region. The U.S. dominates the North American market due to high disposable income of consumers coupled with their willingness to spend on leisure activities such as shopping for Washable Markers and other coloring products, which are used by kids and adults alike.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing its large population base, improving economic conditions, growing middle-class population along with rising consumer awareness regarding personal grooming skills development among men & women resulting in increased product sales across various categories including cosmetics, fashion accessories & clothing etc.
Growth Factors:
- Increasing demand for creativity and expression in children
- Rising disposable income of parents
- Growing popularity of DIY and arts-and-crafts activities
- Proliferation of online craft stores and tutorials
- Increased focus on environmental sustainability
Scope Of The Report
Report Attributes
Report Details
Report Title
Washable Markers Market Research Report
By Type
Basic Washable Markers , Super-Washable Markers
By Application
Children , Professionals
By Companies
Crayola LLC, Faber-Castell, BIC Group, Newell Brands, Carioca S.p.a, Liqui-Mark, Stabilo International GMBH, Dri Mark Products Inc.
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Washable Markers Market Report Segments:
The global Washable Markers market is segmented on the basis of:
Types
Basic Washable Markers , Super-Washable Markers
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
Children , Professionals
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:
- Crayola LLC
- Faber-Castell
- BIC Group
- Newell Brands
- Carioca S.p.a
- Liqui-Mark
- Stabilo International GMBH
- Dri Mark Products Inc.
Highlights of The Washable Markers 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:
- Basic Washable Markers
- Super-Washable Markers
- By Application:
- Children
- Professionals
- 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 Washable Markers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Washable markers are a type of marker that can be washed off with water. They are often used to make writing on surfaces easier, as they do not leave a permanent mark.
Some of the key players operating in the washable markers market are Crayola LLC, Faber-Castell, BIC Group, Newell Brands, Carioca S.p.a, Liqui-Mark, Stabilo International GMBH, Dri Mark Products Inc..
The washable markers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Washable Markers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Washable Markers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Washable Markers Market - Supply Chain
4.5. Global Washable Markers Market Forecast
4.5.1. Washable Markers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Washable Markers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Washable Markers Market Absolute $ Opportunity
5. Global Washable Markers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Washable Markers Market Size and Volume Forecast by Type
5.3.1. Basic Washable Markers
5.3.2. Super-Washable Markers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Washable Markers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Washable Markers Market Size and Volume Forecast by Application
6.3.1. Children
6.3.2. Professionals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Washable Markers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Washable Markers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Washable Markers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Washable Markers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Washable Markers Demand Share Forecast, 2019-2029
9. North America Washable Markers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Washable Markers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Washable Markers Market Size and Volume Forecast by Application
9.4.1. Children
9.4.2. Professionals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Washable Markers Market Size and Volume Forecast by Type
9.7.1. Basic Washable Markers
9.7.2. Super-Washable Markers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Washable Markers Demand Share Forecast, 2019-2029
10. Latin America Washable Markers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Washable Markers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Washable Markers Market Size and Volume Forecast by Application
10.4.1. Children
10.4.2. Professionals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Washable Markers Market Size and Volume Forecast by Type
10.7.1. Basic Washable Markers
10.7.2. Super-Washable Markers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Washable Markers Demand Share Forecast, 2019-2029
11. Europe Washable Markers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Washable Markers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Washable Markers Market Size and Volume Forecast by Application
11.4.1. Children
11.4.2. Professionals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Washable Markers Market Size and Volume Forecast by Type
11.7.1. Basic Washable Markers
11.7.2. Super-Washable Markers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Washable Markers Demand Share, 2019-2029
12. Asia Pacific Washable Markers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Washable Markers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Washable Markers Market Size and Volume Forecast by Application
12.4.1. Children
12.4.2. Professionals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Washable Markers Market Size and Volume Forecast by Type
12.7.1. Basic Washable Markers
12.7.2. Super-Washable Markers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Washable Markers Demand Share, 2019-2029
13. Middle East & Africa Washable Markers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Washable Markers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Washable Markers Market Size and Volume Forecast by Application
13.4.1. Children
13.4.2. Professionals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Washable Markers Market Size and Volume Forecast by Type
13.7.1. Basic Washable Markers
13.7.2. Super-Washable Markers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Washable Markers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Washable Markers Market: Market Share Analysis
14.2. Washable Markers Distributors and Customers
14.3. Washable Markers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Crayola LLC
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Faber-Castell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BIC Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Newell Brands
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Carioca S.p.a
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Liqui-Mark
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stabilo International GMBH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dri Mark Products Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
