What is Whiteboard Magnet Market Scope?
The global whiteboard magnet has high growth prospects owing to growth in the educational sector as well as in the commercial sector. A whiteboard magnet is used to attach any document on the board so it can help to explain or show data, this magnet is a high-quality product used with magnetic easels and whiteboards. In the Commercial sector whiteboard magnet used as markers to mark positions on whiteboards which is boosting the demand of the whiteboard market.
The Whiteboard Magnet market study is being classified by Type (Double Side Magnetic Whiteboard and Single Side Magnetic Whiteboard), by Application (School, Enterprise, Hospitals, Institutions and Others) and major geographies with country level break-up.
The market for whiteboard magnet is fragmented and the key players, such as ACCO Brands Corporation, Bi-silque, MooreCo.Market players are focusing on new product launches in order to deliver enhanced services to their clients and increase their customer base. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Whiteboard Magnet market throughout the predicted period.
ACCO Brands Corporation (United States), Bi-silque (Portugal), MooreCo (United States), EVERWhite Whiteboards (United States), Global Equipment Company, Flipside Products, Inc. (United States), Iceberg Enterprises (United States), Metroplan Ltd. (United Kingdom), SIGEL (Germany) and Ashley Productions (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Magiboards Ltd (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Whiteboard Magnet market by Type, Application and Region.
On the basis of geography, the market of Whiteboard Magnet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In March 2019, EVERWhite offers a lineup of 5-foot-high whiteboards — offering 20% more space than standard whiteboards, and with a matte surface, that enhances presentations made with projectors.
Influencing Market Trend
- Growing Funding on Interactive Whiteboards
- Government Initiative towards Educational Programs
Market Drivers
- Increasing Number of Start-Ups with a Large Number of Meetings and Conferences
- Rising Schools and Other Educational Institutions in Emerging Countries
Opportunities
- Growth in Educational Infrastructure Development in Developing Economies
- Upsurging Commercial Sector Globally
Restraints
- Rapid Digitalisation Globally
Challenges
- Availability of Smart Classes and Green Schooling
Key Target Audience
Whiteboard Magnet MAnufacuerers, Whiteboard Magnet Suppliers/Distributors, Raw Material Suppliers and Potential Invetsors
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