Writing Instruments Market Is Likely To Up Demand At A USD 23.94 Billion By 2030
San Francisco, 1 April 2024: The Report Writing Instruments Market Size, Share & Trends Analysis Report By Product (Pen, Pencil), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030 The global writing instruments market size is expected to reach USD 23.94 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.4% from 2024 to 2030. The introduction of innovative multipurpose writing instruments such as pens, pencils, and coloring pens for school and institutional usage is expected to increase demand and scope of coloring instruments globally. This trend is expected to remain a prominent factor in augmenting product demand throughout the forecast period. Key companies have been amplifying their product portfolios by incorporating new and innovative products to gain maximum market share. The introduction of new and innovative multipurpose writing instruments has played an important role in broadening pr