Luxury Pens Market: Global Industry Analysis and Forecast 2016 - 2022

Luxury Pens Market: Global Industry Analysis and Forecast
2016 - 2022

Persistence Market Research

Luxury Pens Market: Global Industry Analysis
and Forecast 2016 - 2022

Persistence Market Research

1

Luxury Pens Market: Global Industry Analysis and Forecast
2016 - 2022
Persistence Market Research Released New Market Report on “Luxury Pens Market: Global
Industry Analysis and Forecast 2016 - 2022”.
The growing e-communication among the corporates and other social class people around the
world has become a threat for written communication. Due to the increasing brand awareness
and high disposable income of people (especially among young adults), the luxury pens market
is witnessing a decent growth. Likewise, luxury pens key players which are having brands such
as Lamy, Aurora, Mont Blanc, Grayson and Parker are trying to encash the opportunities in this
growing luxury pens market. The major players are opting to make their luxury pens more royal
by making it diamond studded and gold plated, to grab the maximum market share. One of the
key trend in the market is that the manufacturers are strategically investing in product
development by modifying the luxury pen nib with platinum and other expensive metals. In spite
of the sluggish market and curtailed discretionary spending, the luxury pens market is growing
at a good rate. Hence, the global luxury pens market has got a great potential in the forecast
period. The global luxury pens market is anticipated to witness a moderate single digit growth in
the upcoming years.
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The growing global luxury pens market can be attributed to the growing disposable income and
brand awareness amongst people. Growing population coupled with the changing lifestyle of
people in the developed countries is anticipated to drive the demand for global luxury pens
market....