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.
The growing e-communication among the corporates and other social class people around the world has become a threat for written communication.
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<strong>Luxury</strong> <strong>Pens</strong> <strong>Market</strong>: <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecast</strong><br />
<strong>2016</strong> - <strong>2022</strong><br />
Persistence <strong>Market</strong> Research Released New <strong>Market</strong> Report on “<strong>Luxury</strong> <strong>Pens</strong> <strong>Market</strong>: <strong>Global</strong><br />
<strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2022</strong>”.<br />
The growing e-communication among the corporates <strong>and</strong> other social class people around the<br />
world has become a threat for written communication. Due to the increasing br<strong>and</strong> awareness<br />
<strong>and</strong> high disposable income of people (especially among young adults), the luxury pens market<br />
is witnessing a decent growth. Likewise, luxury pens key players which are having br<strong>and</strong>s such<br />
as Lamy, Aurora, Mont Blanc, Grayson <strong>and</strong> Parker are trying to encash the opportunities in this<br />
growing luxury pens market. The major players are opting to make their luxury pens more royal<br />
by making it diamond studded <strong>and</strong> gold plated, to grab the maximum market share. One of the<br />
key trend in the market is that the manufacturers are strategically investing in product<br />
development by modifying the luxury pen nib with platinum <strong>and</strong> other expensive metals. In spite<br />
of the sluggish market <strong>and</strong> curtailed discretionary spending, the luxury pens market is growing<br />
at a good rate. Hence, the global luxury pens market has got a great potential in the forecast<br />
period. The global luxury pens market is anticipated to witness a moderate single digit growth in<br />
the upcoming years.<br />
Interested in report: Please follow the below the links to meet your requirements;<br />
Request for the Report Sample: http://www.persistencemarketresearch.com/samples/9887<br />
The growing global luxury pens market can be attributed to the growing disposable income <strong>and</strong><br />
br<strong>and</strong> awareness amongst people. Growing population coupled with the changing lifestyle of<br />
people in the developed countries is anticipated to drive the dem<strong>and</strong> for global luxury pens<br />
market. Moreover, possessing a luxury pen has become a status symbol these days <strong>and</strong> hence,<br />
high class society people are opting for luxury pens. Likewise, the attractiveness of luxury pens<br />
again plays a great role for boosting its market.<br />
The luxury pens market is a niche market, <strong>and</strong> also there are not much retailers available in the<br />
market, which can hamper the luxury pens market. Likewise, the import duty of such luxury<br />
pens is high enough to impact its market. Due to its high range the inventory cost of the dealers<br />
increases, hence it requires more working capital management which can decline the luxury<br />
pens market. Moreover, there is an increase in e-communication among people which would<br />
further decline the luxury pens market.<br />
<strong>Global</strong> <strong>Luxury</strong> <strong>Pens</strong> <strong>Market</strong>: Segmentation<br />
Persistence <strong>Market</strong> Research 2
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