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The Write Stuff(HKTDC Gifts, Premium & Stationery, Vol 04,2008)

Pen Sets

Photo
Well Asia Development (HK) Ltd provides a wide choice of pen set designs, such as these classic metal models in shiny or matt finishes

In today's competitive gifts and premiums market, the pen set still reigns supreme by offering a high-end look while maintaining a low price point

Despite today's PDA-savvy generation, people just can't seem to have enough writing instruments, which has rendered the humble pen set the perfect gift or premium.

Recognising its enduring popularity, manufacturers such as Well Asia Development (HK) Ltd provide a wide choice of pen set designs. "We offer more than 100 plastic pen sets, which are used in the premiums industry, and some 20-30 metal pen sets. Some of them are for the premiums sector, others are sold as branded pens, and some are destined for gift stores," says Sales Executive Jacky Cheung.

"Our most popular pen sets are plastic pens, with designs very much dependent on the promotional purpose," he explains. "Our most popular order is for single ball pens in plastic or paper presentation boxes."

Also in demand are Well Asia's metal pen sets in roller, ball or fountain combinations, which are made of brass and feature classic designs in shiny or matt chrome. "Silver is the most popular colour as it is simple and elegant," Mr Cheung advises.

He notes that the hottest set is the ball and roller, with the favourite packaging an elegant paper box - usually in black to highlight a company's logo. "Metal, plastic and wooden boxes are also available," he adds.

FOB Hong Kong prices for plastic pen sets comprising roller and ball pens in a paper presentation box range from US$1.50- 4.00 per set, with metal versions costing US$3-10 per set. Most of Well Asia's business is open items, while about 20%-30% is OEM.

"Europe is our biggest market, accounting for 30%-40% of exports. Other important destinations include the US and Southeast Asia," says Mr Cheung.

Operating in a slightly different niche, Hui Hua Co Ltd specialises in wooden gifts and premiums. "We offer more than 20 wooden pen set designs tailored to customers' needs, and also accept OEM," says Sales Manager Martin Tsang.

Pens and boxes are available in maple, walnut, oak or rosewood, and some are made of "bi-wood" comprising two woods, normally maple and rosewood. "Maple is the most popular wood in the US, while maple and rosewood are favoured in the more upmarket European sector," observes Mr Tsang. "We offer ballpoint, roller and fountain pens."

He says most orders are for pen sets with a wooden case - usually one ball and one roller pen - although Hui Hua can produce any combination.

Premium priced

Unit prices range from US$0.60 FOB Hong Kong for a maple ball pen to more than US$5 for a boxed gift set with one or two pens, depending on requirements. "Most of our products are for the premiums market, which is very price-conscious," Mr Tsang notes.

The US absorbs 50% of the company's output, Europe 30% and Japan more than 5%. "Russia and Dubai are new markets for our premiums products," Mr Tsang adds.

To optimise its potential, Hui Hua has recently expanded its range to include wooden desk items, such as card boxes, desk trays, clip holders and pencil holders.

In contrast, metal is the material of choice for Eagle (Int'l) Development Co, which produces more than 100 different pen and pen set designs. "Our R&D team rolls out new, innovative styles every month and we also offer ODM and OEM services," says Manager Alan Chan.

"Leather, carbon fibre and metal pen sets in classic, elegant designs are our most popular items, such as our new chrome-plated metal pen set model F/BP-3249, available in fountain and ball pen versions, which features delicate etching on the barrel," he adds.

Noting that a pen set's price depends on those of its components, Mr Chan advises that prices range from US$0.50 FOB Hong Kong for a metal promotional pen to US$15 for a luxury version.

Some 40% of Eagle's exports go to Europe, 20% to the Middle East, 20% to the US, 10% to Australia and the South Pacific, and 10% to other regions.

Meanwhile, Super Hyper Ltd produces ball, roller and fountain pens as well as mechanical pencils, which can be grouped in any combination to make an attractive set.

"We offer approximately 50 pen set designs, used mainly for the premiums industry, with some 80% of our business our own designs and 20% OEM," explains General Manager Monica Li.

Leather look

The company's best seller is its metal/leather ball and roller pen set, which features a central barrel wrapped in real or PU leather. "The ball and roller is the most popular combination for pen sets and the leather wrap produces a high-end look," Ms Li observes.

Super Hyper's pen sets range in price from FOB Hong Kong US$2.20 for a standard metal roller and ball pen set to US$5 for a ball and fountain pen combination in metal and carbon fibre.

The company sells mainly to the US, which takes 20% of exports, while Europe, Southeast Asia and Dubai are other important markets.

"Pen sets are still very popular items worldwide as they are practical, useful and have a low price point, which is particularly advantageous for the premiums business," Ms Li maintains.

Apparently, buyers can rest assured of consumer demand for this product category, especially if they are sourcing from Hong Kong.

TEXT BY SANDRA JENNER

Fast Fact

Eagle (Int'l) Development Co
Units C-D, 13/F
Candy Novelty House
164 Wai Yip St
Kwun Tong, Kowloon
Hong Kong
Tel: 852-2797-9318
Fax: 852-2793-3936/2793-3906
Email:
info@eagle-pen.com.hk
Web: www.eagle-pen.com.hk
www.hktdc.com/em/eagleintl
Year Established: 1991
Major Product Categories: pens
Own Brands & Certificates: -
Minimum Order: 3,000 pieces
Monthly Production: 2 million pieces
Delivery Time: 35 days
Factory Size & Location: 6,600 square metres; Fujian
Workforce: 300
   
Future Source Pens Ltd
Rm 10, 11/F
Kwai Cheung Centre
50 Kwai Cheung Rd
Kwai Chung, New Territories
Hong Kong
Tel: 852-2418-0180
Fax: 852-2418-0338
Email:
future@future-pen.com.hk
Web: www.future-pen.com.hk
Year Established: 1998
Major Product Categories: pens, pen sets, gift sets
Own Brands & Certificates: PAX
Minimum Order: 2,000-5,000 pieces (depending on design)
Monthly Production: -
Delivery Time: 35-45 days based on order quantity
of 2,000 sets
Factory Size & Location: 6,670 square metres; Fujian
Workforce: 150-200
   
Hui Hua Co Ltd
6/F
Edward Wong Tower
910 Cheung Sha Wan Rd
Cheung Sha Wan, Kowloon
Hong Kong
Tel: 852-2851-1590
Fax: 852-2850-8760
Email:
sales@huihua.com.hk
Web: www.huihua.com.hk
Year Established: 1993
Major Product Categories: wooden pens, gift boxes,
photo frames, key chains and desk items
Own Brands & Certificates: Artima: ISO 9001
Minimum Order: 1,000 pieces
Monthly Production: -
Delivery Time: 40 days
Factory Size & Location: Dongguan
Workforce: 600
   
Super Hyper Ltd
Flat D, 13/F
Mai Wah Ind Bldg
1-7 Wah Sing St
Kwai Chung, New Territories
Hong Kong
Tel: 852-2212-3333
Fax: 852-2212-3310
Email:
info@superhyper.hk
Web: www.superhyper.hk
Year Established: 1991
Major Product Categories: pens, key rings, card cases, coasters, gifts and premiums
Own Brands & Certificates: -
Minimum Order: 1,000 pieces
Monthly Production: 100,000 pieces
Delivery Time: 30 days
Factory Size & Location: 4,000 square feet; Shenzhen
Workforce: 120
   
Well Asia Development (HK) Ltd
Rm 709
Kingford Centre
13 Wang Hoi Rd
Kowloon Bay, Kowloon
Hong Kong
Tel: 852-2323-1420
Fax: 852-2323-1532
Email:
sales@wellasia.com.hk
Web: www.wellasia.com.hk
Year Established: 2000
Major Product Categories: pens
Own Brands & Certificates: -
Minimum Order: 2,000 pieces
Monthly Production: -
Delivery Time: 40 days
Factory Size & Location: Shenzhen
Workforce: 40