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Aug, 23 2024

Global Washable Markers Market is Growing at a Significant Rate in the Forecast Period 2019-2026

According to Data Bridge Market Research new Market report, global washable markers market will account to an estimated USD 426.93 million in 2018 growing at a CAGR of 3.45% during the forecast period of 2019 to 2026.

Global Washable Markers Market

Global Washable Markers Market

Washable markers are a type of stationery product that can be removed or washed away without any botherations. These markers include water-based inks that can be removed easily as compared to their counterparts. With the rise in enrollment of students and school going children, there is a significant rise in adoption of washable markers due to their added benefits.

Access Full Report: https://databridgemarketresearch.com/reports/global-washable-markers-market

Segmentation: Global Washable Markers Market

Global washable markers market is segmented on the basis of washability, end-user and geography.

By Washability (Basic-Washable, Super-Washable), End-User (Children, Professionals) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN WASHABLE MARKERS MARKET

Increase in the levels of enrollment of children in schools

According to a report published by the Government of India’s Ministry of Human Resource Development, in India in the period of 2014-15 the numbers of students enrolled in schools were 25.95 lakh. This number included both male and female students from all of the levels of school such as primary (1-5), upper primary (6-8), secondary (9-10), and senior secondary (11-12). This number rose to 26.05 lakh in the period of 2015-16. This rise in number of students’ enrollment in the region is estimated to be a significant driver for the market growth, as it inherently means rise in usage and adoption of the product from the students, teachers and educational institutions.

Key Market Competitors: Global Washable Markers Market

Few of the major competitors currently working in the washable markers market are F.I.L.A. Fabbrica Italiana Lapis ed Affini S.p.A., BIC, Newell Brands, Faber-Castell, Liqui-Mark, Drimark, Luxor, Crayola, Eastman Kodak Company, Yiwu Menzzi Toys Co. Ltd., FLOMO, Sargent Art, MEGA Brands Inc., DoADot Art, Carioca S.p.A., Prang & Dixon Ticonderoga, and Maped.

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