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The global traditional whiteboard market is expected to increase from USD 2,450.6 Million in 2016, to USD 3,026.8 Million in 2023, at a CAGR of 3.1% from 2017 to 2023. The overall growth of traditional whiteboard market across the globe is mainly driven by the rapid urbanization coupled with upgrading and expanding educational infrastructure in emerging economies such as China and India.
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Traditional Whiteboards to Witness a CAGR of 3.1% During 2017-2023 The global traditional whiteboard market is expected to witness a CAGR of 3.1%, and is projected to reach USD 3,026.8 Million by 2023. Factors propelling the growth of the market include rapid urbanization and coupled with upgrading and expanding education infrastructure in emerging economies and rising awareness towards health. The report segments the traditional whiteboard market by Application (Schools, Offices, Family and Others), by Surface Material (Porcelain, Glass, Melamine, Ceramic Steel and Others), by Type (Mountable and Portable), by Size(3’ x 2’, 4’ x 3’, 6’ x 4’, 8’ x 4’, 12’ x 4’, 1’ x 1’, 4’ x 4’ and 2’ x 1.5’), by Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa (MEA)). The report studies the global traditional whiteboard market over the forecast period (2017-2023). Traditional whiteboard gained its popularity and its demand rapidly expanded in mid-1990s as an application in school classrooms, offices, and industrial sites. The largest demand of traditional whiteboard came from schools. The school application was valued at USD 1,550.0 Million, in 2016. Browse full research report with TOC on "Global Traditional Whiteboard Market Outlook, Trend and Opportunity Analysis, Competitive Insights, 2023" at: http://energiasmarketresearch.com/global-traditional-whiteboard-market-outlook/ Actionable Segmentation and Forecast To purchase report: sales@energiasmarketresearch.com Key Findings of the Global Traditional Whiteboard Market On the basis of application, schools held the major share of the global market in terms of value and volume, in 2016 and is anticipated to sustain its dominance throughout the forecast period Offices, another application of traditional whiteboard is anticipated to be the fastest growing application of market and is anticipated to register the highest CAGR, during the forecast period in terms of both value and volume On the basis of surface material, porcelain held the largest share of the market in 2016, and is expected to hold its position over the forecast period On the basis of type, mountable whiteboard held the larger share in 2016, and is anticipated to continue holding the larger share, throughout the forecast period The key players in the traditional whiteboard market includes Metroplan, Quartet, GMi Companies, Neoplex, Bi-silque, Luxor, Umajirushi, Aywon, Canadian Blackboard, Lanbeisite, Zhengzhou Aucs, Foshan Yakudo, Hubei-An Technology, Shandong Fangyuan, among others Traditional Whiteboard- Regional Insight Asia-Pacific held the major share of the market in 2016 and is anticipated to dominate the market over the forecast period. The growth of the market in this region is driven by improving lifestyle coupled with expanding educational infrastructure in countries including China and India. The school segment
accounted for the largest share of Asia-Pacific market in 2016 and is expected to dominate the market throughout the forecast period. North America was the second largest market, holding a share of over 22 % in 2016. The region is anticipated to experience sluggish market growth during the forecast period on account of technological advancements and increasing adoption of interactive whiteboards in the region. About Energias Market Research Pvt. Ltd. - Energias Market Research launched with the objective to provide in-depth market analysis, business research solutions, and consultation that is tailored to our client’s specific needs based on our impeccable research methodology. With a wide range of expertise from various industrial sectors and more than 50 industries that include energy, chemical and materials, information communication technology, semiconductor industries, healthcare and daily consumer goods, etc. We strive to provide our clients with a one-stop solution for all research and consulting needs. Our comprehensive industry-specific knowledge enables us in creating high quality global research outputs. This wide-range capability differentiates us from our competitors. Contact: Mr. Alan Andrews Business Development Manager For any queries email us: info@energiasmarketresearch.com To purchase report: sales@energiasmarketresearch.com Call us: +1-716-239-4915 Visit: https://www.energiasmarketresearch.com/