Market Forecast By Type (Pen, Coloring and Writing Instrument, Markers and Highlighters, Pencils, Writing Accessories), By Application (Online Stores, Offline Stores) And Competitive Landscape
Product Code: ETC002881 | Publication Date: Jun 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Jordan Writing and Marking Instruments Market |
Forecast period | 2024-2030 |
CAGR | 4.5% |
Growing Sector | Offline Stores |
The Jordan Writing And Marking Instruments Market report thoroughly covers the market by Type, Application, and Regions. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Jordan Writing And Marking Instruments Market is experiencing steady growth, driven by the increasing demand for educational and office supplies across the country.
According to 6Wresearch, the Jordan Writing And Marking Instruments Market is projected to grow at a CAGR of 4.5% from 2024-2030. The offline stores sector shows the most significant growth due to the widespread preference for physical retail shopping experiences. The growing emphasis on education and the increasing number of students are also key factors driving the market. Additionally, the rising popularity of creative arts and crafts activities is boosting demand for various writing and marking instruments.
However, the market faces several challenges, including the increasing digitalization of education, which reduces the reliance on traditional writing instruments. Additionally, the high cost of branded writing instruments can be a barrier for many consumers. The presence of counterfeit products in the market also poses a significant challenge to the growth of genuine brands.
Leading players in the Jordan Writing And Marking Instruments Market include Faber-Castell AG, Newell Brands Inc., and Staedtler Mars GmbH & Co. KG. Faber-Castell AG is renowned for its high-quality coloring and writing instruments, catering to both educational and artistic needs. Newell Brands Inc. offers a wide range of writing instruments, including pens, markers, and highlighters, which are popular in both educational and office settings. Staedtler Mars GmbH & Co. KG provides a variety of pencils and writing accessories known for their durability and ergonomic design.
The Jordanian government has initiated several programs to support education, which indirectly boosts the market for writing and marking instruments. These include policies aimed at improving the quality of education and increasing access to educational resources. Additionally, efforts to promote arts and crafts in schools are expected to drive demand for coloring and writing instruments. Furthermore, the government’s initiatives to support local manufacturers and reduce import duties on educational supplies are anticipated to propel market growth.
The Jordan Writing And Marking Instruments Market is set to witness substantial growth in the coming years. Technological advancements, such as the integration of smart features in writing instruments, are expected to drive market growth. The increasing preference for environmentally friendly and sustainable products will likely boost the demand for eco-friendly writing instruments. Moreover, the offline stores sector will continue to dominate, driven by the preference for in-person shopping experiences and the ability to physically examine products. The residential sector is also expected to see growth as more households invest in quality writing and marking instruments for educational purposes. In summary, the market's growth will be fueled by innovation and sustainability.
According to Ravi Bhandari, Research Head, 6Wresearch, pens are leading the market due to their widespread use in various applications, including educational and professional settings.
Offline stores are currently dominating the market, driven by the preference for physical retail shopping experiences and the ability to directly interact with products before purchasing.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Jordan Writing And Marking Instruments Market Overview |
3.1 Jordan Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
3.2 Jordan Writing And Marking Instruments Market Revenue Share, By Type, 2020 & 2030F |
3.3 Jordan Writing And Marking Instruments Market Revenue Share, By Application, 2020 & 2030F |
3.4 Jordan Writing And Marking Instruments Market - Industry Life Cycle |
3.5 Jordan Writing And Marking Instruments Market - Porter’s Five Forces |
4. Jordan Writing And Marking Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Jordan Writing And Marking Instruments Market Trends |
6. Jordan Writing And Marking Instruments Market Overview, by Type |
6.1 Jordan Pens Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
6.2 Jordan Colouring And Writing Instrument Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
6.3 Jordan Pencil Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
6.4 Jordan Markers And Highlighters Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
6.5 Bahrain Writing Accessories Writing And Marking Instruments Market Revenues and Volume, 2020-2030F |
7. Jordan Writing And Marking Instruments Market Overview, by Application |
7.1 Jordan Writing And Marking Instruments Market Revenue and Volumes, By Online Stores, 2020-2030F |
7.2 Jordan Writing And Marking Instruments Market Revenue and Volumes, By Offline Stores, 2020-2030F |
8. Jordan Writing And Marking Instruments Market Key Performance Indicators |
9. Jordan Writing And Marking Instruments Market Opportunity Assessment |
9.1 Jordan Writing And Marking Instruments Market Opportunity Assessment, By Type, 2030F |
9.2 Jordan Writing And Marking Instruments Market Opportunity Assessment, By Application, 2030F |
10. Jordan Writing And Marking Instruments Market Competitive Landscape |
10.1 Jordan Writing And Marking Instruments Market By Companies, 2023 |
10.2 Jordan Writing And Marking Instruments Market Competitive BenchMarkingg, By Operating Parameters |
11. Company Profiles |
12. Key Strategic Recommendations |
13. Disclaimer |