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

Middle East 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, growth of the market is challenged by increasing demand for online education services, increasing penetration of computers and rising preference of touch screenwriting. Additionally, the changing trends in the market 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 enrolments and the introduction of multipurpose products have propelled 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.  The manufacturers are also working towards diversifying their product range which is again expected to be a growth proliferator for the market. Global pencil market is growing environmental consciousness and concern for a healthy environment which have also led to an increased demand for eco-friendly products.        

According to 6Wresearch, Middle East Pencils Market size is anticipated to register growth during 2020-26. At present, the fastest-growing regional market in the UAE, Egypt, Turkey, Saudi Arabia and other major countries in the Middle East as people in this region use more pencil due to the cost-effectiveness. The 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 the Middle East that are comparatively more developed in the Middle East 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 Middle East Pencils Market report thoroughly covers the market by components, verticals, and regions including UAE, Egypt, Turkey, Saudi Arabia and the rest of the Middle East. 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

• Middle East Pencil Market Outlook
• Middle East Pencil Market Overview
• Middle East Pencil Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Middle East 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 UAE Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Egypt Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Turkey Pencil Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Middle East Pencil Market
• Market Drivers and Restraints
• Middle East Pencil Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Paint Rollers 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:
• UAE
• Saudi Arabia
• Egypt
• Turkey
• Rest of Middle East

Frequently Asked Questions About the Market Study (FAQs):