|Last Quarterly Update:||12/19/2016|
|SIC Codes:||3579, 3951, 3952, 3953|
|Industry Overview||Trends & Challenges||Industry Forecast|
|Quarterly Industry Update||Call Prep Questions||Website & Media Links|
|Business Challenges||Financial Information||Glossary & Acronyms|
Companies in this industry manufacture office, school, and art supplies, excluding paper products. Major companies include ACCO Brands, AT Cross, Crayola, Dixon Ticonderoga, Elmer's Products, Newell Rubbermaid, Pentel, and Sargent Art (all based in the US), as well as Bic (France), PILOT (Japan), and Germany's Montblanc International, STAEDTLER Mars, and Faber-Castell.
The global writing and marking instruments market is projected to reach $17.5 billion by 2020, according to Global Industry Analysts. Areas where populations and literacy rates are rising, such as the Asia/Pacific region, Latin America, and the Middle East, are expected to drive growth.
The US office, school, and art manufacturing industry includes about 530 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $3 billion.
Demand is driven by educational enrollment levels and growth of small businesses and home offices. The profitability of individual companies depends on efficient operations and effective marketing. Larger manufacturers may benefit from strong relationships with larger retailers and better brand recognition. Smaller operators tend to compete through specialized products and superior craftsmanship. The US industry is highly concentrated: the 50 largest firms generate about 85% of sales.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products include pens, pencils, markers, crayons, chalk, modeling clay, and staplers. Art goods account for a third of sales, pens and mechanical pencils account for a quarter of sales, marking devices, 16%; and lead pencils, 6%. Other products include hand-operated stamps, inked ...
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