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Stationery Products Market Size, Industry Analysis Report By Product (Paper based, Ink based, Art based), By Application (Educational institutes, Corporates) & Region – Forecast

  • PUBLISHED ON
  • 06/12/2022
  • NO OF PAGES
  • 245
  • CATEGORY
  • Retails & Consumer
The Global Stationery Products Market: Overview

The Global Stationery Products Market is valued at around USD 192.2 Billion in 2022 and is expected to reach USD 217.9 Billion by 2030, registering a CAGR of 1.8% over the forecast period. Office goods that are used to write or draw are called stationery products. Items like pens, pencils, paper, and markers fall within this category. Writing letters to friends and family, taking notes in class, and sketching are just a few of the many uses for stationery products. The potential of stationery items to facilitate written and visual communication makes them important. Additionally, stationery can be used for organizational tasks like making lists or taking notes at meetings. Additionally, a lot of people discover that using stationery items keeps them organized and focused on their tasks.

The Global Stationery Products Market - Growth Factor

The rising demand for paper-based stationery items, mailing supplies, and marking tools from businesses and homes around the world is responsible for the market's expansion. This industry is expanding as a result of the expanding trend of using personalized stationery products. According to type, the global stationery goods market was dominated by printing supplies in 2017 and is anticipated to continue dominating over the forecast period. This can be linked to the fact that offices are using them more frequently to print documents and other items.

The Global Stationery Products Market – Market Trends

• The increasing number of young people who are gravitating toward higher education and their extensive usage of stationery products, as well as the quick rise in the number of new enterprises around the world, are the main forces behind the market's expansion.
 
• Additionally, the expansion of schools and colleges in urban and rural areas has influenced market advancement due to rising government measures to increase literacy rates.
 
• Green education and digitalized schools have an impact on the sector. Another factor impeding the sales of stationery goods is the adoption of technological devices.
 
• Due to industrial automation and IT integration, the demand for items made of paper is decreasing in developed markets. On the other hand, the rising demand for printers and computer accessories like toner cartridges and discs has given manufacturers and retailers vast chances to improve their goods through technical developments.
 
• Because of the formation of new establishments of multinational firms in numerous nations, globalization also significantly contributes to the expansion of the office stationery products industry.

The Global Stationery Products Market – Segmentation

The Global Stationery Products Market fragrance concentrates market has been sub-classified into

On the basis of product,
the Global Stationery Products Market is bifurcated into:
• Paper based
• Ink based
• Art based
• Others

On the basis of application,
the market is segmented into:
• Educational institutes
• Corporates
• Others

The Global Stationery Products Market –Regional Analysis

Asia-Pacific dominated the global Stationery Products Market and is anticipated to continue to be the market for stationary products largest commercial region. The demand for goods in the worldwide stationery products market will increase dramatically in the upcoming years because of the rising child population and expanding corporate infrastructure in numerous southeast Asian countries. Many businesses are also eager to increase their presence and operations in the area as they search for new chances. At the same time, revenues from North America and Europe will continue to grow steadily in the upcoming years.

The Global Stationery Products Market – Key Market players
 
Global key players in the Global Stationery Products Market include Linc Pens & Plastics Ltd., Fullmark, 3M, Muji, Staedtler, Maped, Artline, Faber-Castle, Reynolds Pens, Mead, and others.

Report Scope
Global Stationery Products Market: Historical Years- 2018-2021
Global Stationery Products Market: Forecast Years- 2022-2030
Global Stationery Products Market 2022- USD 192.2 Billion
Global Stationery Products Market 2030- USD 217.9 Billion
Global Stationery Products Market CAGR- 1.8%

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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


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