Global Marker Pens Market Projected to Reach $492.3 Million by 2030, Driven by a Robust CAGR of 5.2% [Yahoo! Finance]
Newell Brands Inc. (NWL)
Last newell brands inc. earnings: 5/1 07:30 am
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Source: Yahoo! Finance
The global landscape of marker pens is witnessing a remarkable growth trajectory, with projections indicating an upsurge to a value of approximately $492.3 million by 2030. This bullish outlook is propelled by a steady Compound Annual Growth Rate (CAGR) of 5.2% spanning the analysis period from 2022-2030. Within this dynamic market, the permanent marker segment is anticipated to exhibit a notable CAGR of 5.7%, asserting its dominance with a forecasted value of $316.4 million by the conclusion of the analysis period. Amidst the recovery phase post-pandemic, non-permanent markers are set for a revised growth rate of 4.5% CAGR over the upcoming 8-year period, reflecting a renewed market interest and adaptability in these products. The United States, established as a key player in the industry, is currently estimated at $89.2 million for 2022. Meanwhile, China's vibrant economic engine is expected to soar at an 8% CAGR, reaching a prospective $101.5 million by 2030, underscoring the na
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NWL
Earnings
- 4/26/24 - Beat
NWL
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 3/27/24 - Form ARS
- NWL's page on the SEC website