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The Global Luxury Pen Market is expected to grow by $ 156.11 mn during 2020-2024 progressing at a CAGR of 1% during the forecast period

·2-min read

Global Luxury Pen Market 2020-2024 The analyst has been monitoring the luxury pen market and it is poised to grow by $ 156. 11 mn during 2020-2024 progressing at a CAGR of 1% during the forecast period.

New York, Nov. 16, 2020 (GLOBE NEWSWIRE) -- announces the release of the report "Global Luxury Pen Market 2020-2024" -
Our reports on luxury pen market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in customization and personalization of pens and luxury pens perceived as a status symbol. In addition, increase in customization and personalization of pens is anticipated to boost the growth of the market as well.
The luxury pen market analysis includes product segment, distribution channel segment and geographical landscapes

The luxury pen market is segmented as below:
By Product
• Fountain pens
• Ballpoint pens
• Rollerball pens
• Fineliner pens
• Others

By Geographic Landscapes
• Europe
• North America
• South America
• By Distribution Channel
• Offline
• Online

This study identifies the high preference for corporate gifting as one of the prime reasons driving the luxury pen market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our luxury pen market covers the following areas:
• Luxury pen market sizing
• Luxury pen market forecast
• Luxury pen market industry analysis

Read the full report:

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