Global Writing and Marking Instruments Market Report 2021: Biodegradable Pens Gaining in Popularity & Innovation and Uniqueness of New Age Pens yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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Amid the massive workplace disruptions set into motion by the COVID-19 pandemic, the global office stationery and supplies market is feeling the heat and is expected to decline by -2.8% in 2020 before recovering to reach a revised market size of US$186.9 billion by the year 2027.
Online Trading Platforms are the Future as the World Faces Up to the New Normal of Social Distancing
For successful operation in the market in a time when the pandemic is changing the behavior of companies and people, manufacturers will need to launch their online portals and offer a comprehensive range of options to customers in addition to including mobile-based apps and social networking platforms to target customers.
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Global Writing and Marking Instruments Market to Reach $20.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Writing and Marking Instruments estimated at US$15.9 Billion in the year 2020, is projected to reach a revised size of US$20.6 Billion by 2027, growing at a CAGR of 3.7% over the analysis period 2020-2027.
The U.S. Market is Estimated at $4.3 Billion, While China is Forecast to Grow at 6.8% CAGR
The Writing and Marking Instruments market in the U.S. is estimated at US$4.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.
/PRNewswire/ The "Stationery Products - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com s offering. Global Stationery.
Global Stationery Products Market Report 2021-2027: Product Innovations Spark Renewed Interest & Demand for Personalized Stationery Gains Momentum prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.