Stationery Market
Stationery Market is projected to witness a remarkable growth over the forecast period, owing to the growing use of stationary products for designing and printing.
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With the growing number of educational institutes, the literacy rate has significantly increased across the emerging nations, which stands to be a prime factor strengthening the stationery market growth. For example, Literacy rate in South Africa increased by 2% in 2015 as compared to 2013. Other factors such as intensified government initiatives, rising brand awareness, and accelerating per capita income raising the demand for exclusive pens has bolstered the stationery market. However, growing trend of green schooling and smart class rooms will hamper the market growth. The sudden outburst of the coronavirus persuaded government to enforce a strict lockdown across the nation, shutting down educational institutions, schools, and colleges to curb the spread of virus. Thus, this temporary closure of educational institutions hampered the stationery market. However, as per the Stationery Market research, the stationery market is expected to bounce back by 2022.
By product, the paper-based segment is anticipated to expand at a faster CAGR during the forecast period, owing to the different use of paper, such as assignment sheets and architecture. Rising use of paper-based material for printing, primarily across the government and corporate offices have driven the Stationery Market size.
By application, the educational institute segment is forecast to lead the market over the coming years. Rising number of schools and colleges and accelerating population will strengthen the Stationery Market share.
By region, the Asia-pacific region is envisaged to dominate the market with the highest CAGR during the coming years owing to the growing use of stationery products and rising number of educational institutes across rural and urban areas.
Stationery Market Segmentation:
Stationery Market by Product
· Paper Based
· Ink Based
· Art Based
· Others
Stationery Market by Application
· Educational Institutes
· Corporates
· Others
Stationery Market by Region:
· Asia Pacific
o China
o Japan
o India
o Rest of APAC
· North America
o United States of America
o Canada
· 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
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Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the stationery market include KOKUYO Co,Ltd, Shachihata Inc., Pentel, PILOT CORPORATION, Mitsubishi Corporation, Zebra Co., Ltd., M Holding Group Co., Ltd, Jason’s Deli Inc., Shenzhen Comix Group Co., Ltd., Beifa Group Co., Ltd., Wenzhou Aihao Pen Trade Co. Ltd.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Stationery Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/stationery-market/download-sampleMarket DynamicsExpanding number of children taking admission and the growing number of corporate offices drive the demand for stationery products.
Growing literacy rates, expanding coaching centers, and the escalating government investment in new schools and colleges in rural and urban areas is accelerating market growth.
However, spurring digitalization in schools and offices is limiting demand for stationery.
Global demand for the stationery commodity has shrunk as laptops, desktops, and smartphones have replaced pens, pencils, and notebooks in various settings.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
