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Bits and bytes have not blotted out the mighty pen

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In an increasingly digital world, consumers haven’t written off the pen industry, data show, The Chicago Tribune reported. Pens and other writing tools generated revenue of $16.2 billion worldwide in 2014 and are expected to reach $20.2 billion by 2019, according to a report by Technavio. The market research firm acknowledges that the growing adoption of electronic devices is pressuring pen demand.