Stationery Market: Industry Trends and Developments 2020–2027
GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.
List of Significant Manufacturers in the Stationery Market include:
- Staedtler
- Maped
- Reynolds Pens
- Linc Pens & Plastics Ltd.
- Muji
- Faber-Castell
- 3M
- Artline
- Fullmark
- Mead
Stationery Market Drivers and Restraints:
The primary factor accelerating the growth of the stationery market include the increasing number of educational institutions worldwide. In addition to this, the rising literacy rate in developing countries is further boosting the growth of the market during the forecast period. For instance, in 2015, South Africa’s literacy rate was around 94.0%, but in 2013, it was around 92.0%. The rising number of government initiatives to support education, the growing brand awareness, and disposable income among the consumer is bolstering the market for luxury pens, thereby fuelling the demand for the stationery market. Rapid globalization is another factor in surging the growth of the stationery market.
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On the other hand, the rapid digitalization, followed by the rising trend of smart classrooms and green schooling, are hampering the market growth. Furthermore, the emergence of the COVID-19 pandemic has resulted in the temporary shutdown of schools, educational institutes, and colleges globally, which has adversely influenced the demand for stationery. Moreover, the global stationery market is likely to recover in the coming years owing to the increasing popularity of e-commerce sales. The stationery market is expected to bounce back in 2021 while increasing significantly from 2022 onwards.
Segmentation: Stationery Market
Stationery Market: By Product
- Paper Based
- Ink Based
- Art Based
- Others
Stationery Market: By Application
- Educational Institutes
- Corporates
- Others
Stationery Market: By Region
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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