Stationery Market – Global Opportunities & Forecast, 2020-2027
The primary objective of the Stationery
market report by GMI Research is to help the users understand the market
scenario in terms of its definition, segmentation, drivers, opportunities,
market trends, and the challenges that the market is facing. This report
focuses on the Stationery
market, especially in North America, Europe, Asia-Pacific, and the rest of
the world.
Key Drivers of the Stationery Market:
The key driver that is boosting the growth
of the stationery market includes the increasing number of educational
institutions across the globe. Additionally, the growing literacy rate in the
emerging economies is further energizing the growth of the stationery market size over the coming
years. For example, in 2015, South Africa’s literacy rate was around 94.0%,
whereas, in 2013, it was around 92.0%. The rising number of government
initiatives to support education and the growing brand awareness and disposable
income among the consumer is further enhancing the demand of the market. Rapid
globalization is encouraging consumers to opt for innovative stationery
products in the coming years.
On the other hand, the rapid
digitalization, and the emerging trend of smart classrooms and green schooling will
have a negative impact on the market’s growth. In addition to this, the
outbreak of the COVID-19 pandemic has resulted in the temporary shutdown of
schools, educational institutes, and colleges around the world, which is likely
to hamper the market’s growth. According to the stationery market report, the
market will bounce back in 2021 due to the increasing popularity of e-commerce
sales while growing at a faster rate from 2022 onwards.
List of Top Leading
Manufacturers/Key-Players of the Stationery Market:
Various notable players in the
market include Linc Pens & Plastics Ltd., Artline, Fullmark, Muji, Staedtler,
Maped, Reynolds Pens, Faber-Castell, 3M, and Mead, among others.
Segmentation of the Stationery Market:
The study’s objective is to define
market sizes of different segments & countries in recent years and predict
the values in the coming six years. The detailed segments and sub-segments of
the market are explained below:
Segment by Product:
·
Paper Based
·
Ink Based
·
Art Based
·
Others
Segment by Application:
·
Educational Institutes
·
Corporates
·
Others
Segment by Region:
·
North America
o
United States of America
o Canada
·
Asia Pacific
o
China
o
Japan
o
India
o Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
About GMI Research
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well-established market but also focuses on the niche market and markets in the
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