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The global luxury pen market size was valued at USD 276.6 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 1.9% from 2021 to 2028.
Ball Pen in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
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The Indian stationery market has witnessed remarkable growth in recent years, driven by increasing literacy rates, rising disposable incomes, and the growing demand for innovative and trendy stationery products. According to a report, the stationery products market in India is expected to grow by USD 2.99 billion between 2021 and 2025, registering a compound annual growth rate (CAGR) of over 9% during the forecast period.
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TBRC global luxury writing instruments and stationery market report includes pens, pencils, coloring instruments, highlighters and markers, diaries and notepads, other
TBRC global luxury writing instruments and stationery market report includes pens, pencils, coloring instruments, highlighters and markers, diaries and notepads, others
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North America is the largest regional market, which is estimated to cross US$ 1,200 Mn, or 31.1% share of the total market share in 2017 and is estimated to reach a market valuation in excess of US$ 2,500 Mn by 2027, registering a CAGR of 7.3% over the forecast period. APEJ is the fastest growing market, which is expected to grow from nearly US$ 540 Mn in 2017 to over US$ 1,100 Mn by 2027.
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he global human insulin market is estimated to reach $42 billion by 2019, at a CAGR of 12.5% from 2014-2019.The market will be driven by rising prevalence of diabetes worldwide, spiralling aging population that increases the incidences of diabetes, growing obese population due to the change in lifestyle, favorable government initiatives, and introduction of pen device that delivers human insulin efficiently and effectively.
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