Competitor Analysis: - Linc Pen Recorded A Top Line Growth of About 12%to Reach A Turnover of Rs.253.64 Crores

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Competitor Analysis

Linc Pen recorded a top line growth of about 12%to reach a turnover of Rs.253.64 crores,
10 % of market share Linc it. Love it. Move it Srk

The major players in India include Luxor Writing Instruments, Cello, Reynolds, Add Pens, Goldmate, Today's Writing Products, Rotomac Pens, Stic Pens, Linc Pens & Plastics, GM Pens International, Flair Pen. About 80% of the revenues of the pen industry in India comes from pens with a price range of upto Rs 15. A small percentage of pens is priced in the range of Rs 100 to Rs 300 and miniscule of the market is contributed by the super-premium segment in which the price tag goes to as high as Rs 100,000 or more. While the market for lower price range (up to Rs 15) is growing at a rate of 7 to 8% annually, the market for pens above that range is growing at 8 to 10%. The rate of growth of high priced writing instruments is much higher - basically because of a small base. There is, nevertheless, in the recent period, a price upgradation in evidence at the low-end. As the market is developing in the new ambience, the products are getting upgraded. The existing scenario gives an indication that the market in being dominated by the ball point pens, which accounts for 70% of the total demand for pens in India, followed by gel pens (20%), fountain pens (4%). The rest accounts for only 6% of the market. A majority of users, 85%, use blue ink, while black, red and other colour inks are used by about 15%.

Leverage yuvraj singh and soha ali khan

Competitor analysis
LINC
Presence in ball pens, gel pens and gift pens Owns high ends brands like UNI Ball and LAMMY turnover of Rs.253.64 cr Owns 10% of Market share Brand Ambassador Shah Rukh Khan Linc owns maximum oart of the gel pen market Pens like ocean gel really famous

Luxor Pens
Presence in Pens, Markers, sketch pens, pencils, hi-lighters Owns the famous Pilot brand and the Luxury brand Parker brand leader with share of over 20%
Pilot brand of pens one of the most widely sold brands Both pilot and parker represent reliability and style Luxor- brand of choice for associated stationary like markers, hi-lighters and sketchpens

Cello
Presence in Pens, Markers, sketch pens, pencils, hi-lighters No.1 pen Company in India Has 37% of the market share Brand Ambassador Mahendra Singh Dhoni
Cello gripper the most popular grip pen and preferred choice for writing exams Cello Commands major share of the 0.5 mm pen market with pens like Gripper, Pinpoint and Maxwriter Cello pointec- a successful gel pen brand

Reynolds
Presence in pens, markers and art materials through brand Graphix part of a $7 billion, Fortune 500 group Newell Rubbermaid Has around 5% of market share Brand Ambassador Sachin Tendulkar
Reynolds 045 one of the oldest and yet most popular ball pens among college students Reynolds pens famous for reliability and American quality Racer gel and retractable pen Jetter popular among students

Gap Analysis: Opportunity identification


In the age of gender segmentation, a category of pens aimed solely at girls missing A single product for brand identification and recollection and association is missing Tremendous opportunity in the semi luxury mid range market-where brands awareness is high

Other competitors:
LEXI: high brand identity among the Rs. 5 pens Hight brand recall and recognition Products like LEXI 5 and LEXI jet are category best-sellers

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