Stationery Market Research Report

The GMI Research forecasts that the stationery market is witnessing an upsurge in demand over the forecast period. This is mainly due to the growing number of educational institutions across the world and rising literacy rate in developing countries.

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Introduction of the Stationery Market:

Stationery refers to various materials used for writing which include envelopes, pencils, paper, pens, and other office products. The stationery materials are majorly used for multiple purposes, such as for designing, printing, and preparing documents.

Stationery Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The growing number of educational institutions across the world is the key factor accelerating the growth of the stationery market. Furthermore, the rising literacy rate in developing countries is further surging the growth of the market during the forecast period. For instance, in 2015, South Africa's literacy rate was about 94.0%, whereas, in 2013, it was around 92.0%. The primary factors enhancing the demand of the luxury pens include the increasing number of government initiatives to support education and the rising brand awareness and disposable income among the consumers.

Rapid globalization is a primary factor energizing the growth of the stationery market. On the other hand, the factors that are restraining the growth of the market include the growing trend of smart classrooms, green schooling, and rapid digitalization. Furthermore, the emergence of the COVID-19 pandemic has negatively impacted the demand for stationery due to the temporary shutdown of schools, colleges, and educational institutes globally. However, the global stationery market will recover in the coming years owing to the rising popularity of e-commerce sales. The stationery market is expected to have a strong growth in 2021 while increasing at a substantial rate from 2022.

Based on the region, the Asia-pacific region is expected to dominate the market during the forecast period. This is attributed to the growing usage of several types of stationery products and the rising number of educational institutes in rural and urban areas of the Asian countries. On the other hand, the Middle East and Africa region is projected to grow a higher CAGR during the forecast period due to the increasing awareness regarding education among consumers, particularly in the Middle East countries and the growing trend of educating females in this region. Moreover, the major factor propelling the growth of the stationery market include the growing number of schools in the African region owing to the different government initiatives and donations worldwide.

Key Players of the Global Stationery Market:

·         Staedtler

·         Maped

·         Reynolds Pens

·         Linc Pens & Plastics Ltd.

·         Muji

·         Faber-Castell

·         3M

·         Artline

·         Fullmark

·         Mead

Stationery Market Segmentation:

Global Stationery Market Report Segment by Product:

·         Paper Based

·         Ink Based

·         Art Based

·         Others

Global Stationery Market Report Segment by Application:

·         Educational Institutes

·         Corporates

·         Others

Global Stationery Market Report 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

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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