DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/0ad845/china_sourcing_rep) has announced the addition of the "China Sourcing Report: Writing Instruments 2011" report to their offering.
China's writing instruments industry is maintaining a positive outlook for 2012 even as export sales merely inch along this year.
Customs statistics show that in the six months to July 2011, the country's outbound shipments of scribbling tools exceeded $767 million, rising less than 1 percent YoY. North America, the EU and the Asia-Pacific region accounted for more than one-third of revenue collectively.
Apart from sluggish growth, swelling material and labor costs are major challenges. To counter them, suppliers are implementing various efficiency projects that can generate savings.
This report covers the major products of China's writing instruments industry, namely ballpoint, gel, fountain, rollerball and multifunction pens, pencils, markers and highlighters.
What you'll get
- In-depth profiles of 23 verified suppliers with a comprehensive look at their manufacturing and export capability, product and market focus, verified contact details, and more
- 66 full-color images that depict popular writing instruments export models, with detailed product descriptions and minimum order requirements
Key Findings:
- North America and the EU will remain the key markets for the majority of suppliers. The areas are driving the industry toward adopting the environmental protection trend. Under efforts to go green, makers are utilizing fast-maturing wood, and recycled plastic and paper for barrels. Companies are lowering energy consumption, and supporting projects for reforestation and reduction of carbon emission.
- Some manufacturers are improving functionality. Initiatives for pens include lengthening fixing time for erasable ink and enhancing writing fluency. In markers, heightened ink utilization, and offering models that are refillable or have replaceable cores are emphasized.
- Product prices will increase due to mounting fabrication costs. About one-third of interviewed suppliers intend to limit adjustments to 5 percent, but one-fifth will raise quotes more than 15 percent.
For more information visit http://www.researchandmarkets.com/research/0ad845/china_sourcing_rep