About Electric Pencil Sharpener
An electric pencil sharper is a device that is used for sharpening a pencil writing point by shredding away its worn surface. It produces sharp pencil tips every time with electric sharpeners using a steel or titanium blades. Increasing educational expenditure and growth in product innovations along with rising demand for state-of‐the-art educational infrastructure supplements the growth of the very market globally.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The electric pencil sharpener market is expected to see continued growth, driven by rising demand for convenience, innovation, and niche-specific products. Companies will need to focus on offering competitive pricing, unique features, and strong brand recognition to succeed in this dynamic landscape. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Electric Pencil Sharpener market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stanley Black & Decker, Inc. (United States), Westcott (United States), Lyreco (France), School Specialty Inc. (United States), Elmer (United States), Herlitz (Germany), Ryman (United Kingdom), Staples (United States) and Kokuyo (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Electric Pencil Sharpener market by Type (Battery Operated, Power Cord and Combined), Application (Office, Home, Schools and Others) and Region.
On the basis of geography, the market of Electric Pencil Sharpener 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). If we see Market by Distribution Channel, the sub-segment i.e. Hypermarket/Supermarket will boost the Electric Pencil Sharpener market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Usage of Electric Sharpeners in Business Activities
Market Growth Drivers:
Increasing Educational Expenditure and Growth in Product Innovations and Rise in Demand for State-of‐the-Art Educational Infrastructure in Developed Nations
Restraints:
High Cost of Electric Sharpener and Availability of Substitute such as Manual Sharpner
Opportunities:
Rise in Government Grants to Improve the Education Sector, especially in Developing Economies
Market Leaders and their expansionary development strategies
In October 2203, X-Acto, a leading manufacturer of cutting tools and craft supplies, partnered with Acco Brands, a major supplier of office products, to expand their distribution network for electric pencil sharpeners.
In October 2023, A new study published in the Journal of Occupational Therapy finds that using an electric pencil sharpener significantly reduces the risk of hand pain and fatigue compared to manual sharpening. This news is likely to further boost the popularity of electric sharpeners.
Key Target Audience
Electric Pencil Sharpener Manufacturers, Distributors, Raw Material Suppliers/Distributors, Component Manufacturers, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.