Africa Pencils Market (2020-2026) | Industry, COVID-19 IMPACT, Value, Trends, Growth, Companies, Share, Size, Forecast, Outlook, Analysis & Revenue

Africa pencil market has witnessed significant growth over the past few years. Pencil, which is made from graphite by embedding a graphite lead in the wooden shaft, is considered as a writing utensil. However, increased pattern of growth of the virtual education underpinned by an increase in the growth of the technical advancements is expected to be a growth restraining factor for the market in the coming time zone. There are a few notable trends including increasing number of promotional products, evolving environmentally friendly products, rising education awareness, government policies to support education and growing demand for personalized writing instruments. An increasing number of student enrollments and the introduction of multipurpose product is anticipated to enhance the demand for writing instruments in school and colleges. Pencil markings are erasable in contrary to pens, sketch pens, and markers which are not erasable.  Also, development in the product diversification by pencil manufacturers is anticipated to, further, spur the growth of the market in the coming time zone. Moreover, an increase in the growth of the environmentally concerned and eco friendly products is leading to an increased growth of the pencils and is anticipated to increase in the growth of the market in the coming time zone.

According to 6Wresearch, Africa Pencils Market size is anticipated to register prominent growth during 2020-26. At present, the fastest-growing regional pencil market is South Africa, Kenya, Ghana and Ethiopia. A pencil is considered as the cheapest writing instrument. Therefore, people from the countries which are not developed prefer pencil and it is expected that the pencil market will be growing at a similar pace in the forecasted period. Some parts of in this region that are comparatively more developed, the market would see a downward trend as the people will prefer attractive writing instruments such as pen, or typing in computer. But mostly the pencil market will see an upward growth in this region.

Based on verticals, the demand is expected to register moderate in the forecast period owing to the growing demand for education in developing countries and new marketing strategies by the manufactures in different regions, and the demand is expected to decrease in developed regions due to increase technologies in different regions.

The Africa Pencils Market report thoroughly covers the market by components, verticals, and regions including South Africa, Kenya, Ghana and Ethiopia and the rest of Africa. The pencils market outlook report provides an unbiased and detailed analysis of the on-going pencils market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Africa Pencil Market Outlook
• Africa Pencil Market Overview
• Africa Pencil Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Africa Pencil Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Africa Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Kenya Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Ghana Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Ethiopia Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Africa Pencil Market
• Market Drivers and Restraints
• Africa Pencil Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Pencil Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Product Type:
• Wooden Pencils
• Mechanical Pencils
• Others
• By Application:
• Supermarkets
• Hypermarkets
• Independent Retailers
• Convenience Stores
• Specialist Retailers
• Others
• By Countries:
• South Africa
• Kenya
• Ghana
• Ethiopia
• Rest of Africa