Overview:
Luxury pens are one of the writing instruments growing at a robust pace all across the world. Increasing brand awareness and penchant for keeping luxury pens by elite people has strengthened the demand for such products over the past few years.
The global luxury pens market is growing at a higher pace and is anticipated to attain significant growth over the next seven years till 2023. Increasing disposable income coupled with changing lifestyle as well as possessing a luxury pen as status symbol as high class people are adopting for luxury pens is expected to intensify the market for luxury pens market over the forecast period.
At present, North America region captured the maximum share in revenue of luxury pens market and is anticipated to dominate over the forecast period. Asia Pacific is anticipated to contribute significantly over the forecast period. Rising disposable personal income and brand consciousness is expected to foster the demand for luxury pens market in the region over the forecast period.
The global luxury pens market is mainly concentrated in North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
Global Luxury Pens Market is segmented on the following bases:
Key Players Identified Across the Value Chain in the Luxury Pens Market includes but is not limited to:
Montblanc International, Parker Pen Company, C.Josef Lamy GmbH., A.T. Cross Company, Grayson Tighe, Paradise Pen, F.F. Weber and Company, Pianki, and others.
This report offers:
