Global pencil sharpener market
Dublin, July 19, 2024 (GLOBE NEWSWIRE) — The “Pencil Sharpeners – Global Strategic Business Report” report has ResearchAndMarkets.com Recruitment.
The global pencil sharpener market is estimated at USD 810.4 million in 2023 and is projected to reach USD 909.2 million by 2030, growing at a CAGR of 1.7% from 2023 to 2030. This comprehensive report provides a detailed analysis of market trends, drivers, and forecasts to help in making informed business decisions.
The growth of the pencil sharpener market is driven by several factors, including technological advancements, the continued importance of pencil-based activities in education and the arts, and consumer behavior toward functional and durable products. Innovations in pencil sharpener technology, such as more durable blades and energy-efficient electric models, make these products attractive to schools and offices looking to invest in tools that last.
Moreover, despite the digital transformation in education and professional environments, the demand for traditional writing implements remains strong as pencils offer a more tactile and direct interaction than digital alternatives. The market is also benefiting from consumer purchasing trends that favor ergonomically designed, child-friendly and aesthetically pleasing products. These factors ensure continued investment and interest in the development and marketing of new pencil sharpener models, sustaining the dynamic growth of this niche market.
Key insights:
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Market Growth: Understand the significant growth trajectory of the manual sharpeners segment, which is expected to reach USD 319.9 million at a CAGR of 1.2% by 2030. The electric sharpeners segment is also anticipated to grow at a CAGR of 1.9% during the analysis period.
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Regional Analysis: Gain insights into the US market, estimated to reach $220.8 million in 2023, and the Chinese market, projected to grow at a staggering CAGR of 3.5% to reach $172.7 million by 2030. Discover growth trends in other key regions including Japan, Canada, Germany, and Asia Pacific.
Reasons to buy this report:
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Detailed Market Analysis: Access an in-depth analysis of the global Pencil Sharpener market, covering all major geographic regions and market segments.
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Competitive Insights: Get an overview of the competitive landscape including the market presence of key players across various regions.
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Future Trends and Drivers: Understand the key trends and drivers shaping the future of the global Pencil Sharpener market.
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Actionable Insights: Leverage actionable insights that help you identify new revenue opportunities and make strategic business decisions.
Answers to your main questions:
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How is the global pencil sharpener market expected to develop by 2030?
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What are the key drivers and restraints impacting the market?
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Which market segment will witness the highest growth during the forecast period?
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How will the market shares of different regions and segments change by 2030?
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Who are the key players in the market and what are their prospects?
Report highlights:
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Comprehensive market data: Independent analysis of annual revenue and market forecasts (in USD millions) from 2023 to 2030.
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Detailed regional analysis: In-depth analysis of key markets including the United States, China, Japan, Canada, Europe, Asia Pacific, Latin America, Middle East and Africa.
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Company profiles: Features major companies such as Beifa Group Co. Ltd., Deli Group Co. Ltd., and Faber-Castell AG.
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Free Updates: Receive free report updates for one year to stay up to date with the latest market trends.
Select your competitors (35 in total):
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Kitahata Group Co., Ltd.
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Deli Group Co., Ltd.
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Faber-Castell AG
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Facts SA
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Hirohaku Group Co., Ltd.
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Hindustan Pencils Ltd.
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KOKUYO Camlin Co., Ltd.
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KUM GmbH & Co. KG
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Maped India Stationery Products Pvt. Ltd.
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Newell Brands – Prismacolor
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Plus Co., Ltd.
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Shanghai M&G Stationery Co., Ltd.
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Shenzhen Comics Group Co., Ltd.
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STAEDTLER SE
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Sunwood Holding Group Co., Ltd.
Major features
Report Attributes |
detail |
number of pages |
272 |
Forecast Period |
2023-2030 |
Estimated market value in 2023 (USD) |
$810.4 million |
Market value forecast to 2030 (USD) |
$909.2 million |
Compound Annual Growth Rate |
1.7% |
Target area |
global |
Key Topics
I. Methodology
II. Overview
1. Market Overview
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Influencer Market Insights
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Global Market Trajectory
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Latest News from the World Economy
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Pencil Sharpener-Market Share of Global Major Competitors in 2024 (E)
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Competitive Market Presence for Global Players in 2024 – Strong/Active/Niche/Trivial Market (E)
2. Pay attention to the players selected
3. Market Trends and Drivers
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Design innovation drives development of more efficient pencil sharpeners
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Rising demand for art supplies drives growth in specialty pencil sharpener market
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Environmental considerations influence pencil sharpener design and materials
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Market scope expands with introduction of electric pencil sharpeners in educational institutions
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The integration of ergonomic features enhances the product appeal of the pencil sharpener
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Digital learning trends impact traditional stationery products like pencil sharpeners
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Expansion of online retail increases availability and sales of pencil sharpeners
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Sales of manual pencil sharpeners increase due to expansion of DIY and craft activities
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Technological advances have led to multifunctional pencil sharpener designs
4. Global Market Outlook
III. Market Analysis
IV. Competition
For more information on this report, please visit: https://www.researchandmarkets.com/r/rasjui
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