Dublin, March 03, 2023 (GLOBE NEWSWIRE) -- The "Office Stationery and Supplies: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Office Stationery and Supplies estimated at US$152.7 Billion in the year 2022, is projected to reach a revised size of US$184.5 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2022-2030.
Computer / Printer Supplies, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$54.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Paper Products segment is readjusted to a revised 2.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $37.4 Billion, While China is Forecast to Grow at 3.6% CAGR
The Office Stationery and Supplies market in the U.S. is estimated at US$37.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$34.3 Billion by the year 2030 trailing a CAGR of 3.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 2.1% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$21.5 Billion by the year 2030.
Select Competitors (Total 354 Featured) -
- 3M
- A.T. Cross Company
- ACCO Brands Corp
- Aurora Corp. of America
- Ballarpur Industries Limited
- Societe Bic S.A
- Brother International Corporation
- Canon Inc
- Cenveo Worldwide Limited
- Deli Company
- Dixon Ticonderoga Company
- Domtar Corporation
- Faber-Castell USA, Inc.
- Rorito International Private Ltd.
- Hamelin Group
- ICO
- KOKUYO Co, Ltd.
- Lyreco UK Limited
- Office Depot, LLC
- Shanghai M&G Stationery Inc.
- Shenzhen Comix Group Co., Ltd.
- Staples, Inc.
- Veritiv Corporation
- Wenzhou Aihao Pen Trade Co., Ltd.
- WHSmith PLC
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 723 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $152.7 Billion |
| Forecasted Market Value (USD) by 2030 | $184.5 Billion |
| Compound Annual Growth Rate | 2.4% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Competition
- Office Stationery and Supplies - Global Key Competitors Percentage Market Share in 2021 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)
- Impact of COVID-19 Pandemic and Looming Global Recession
- Year 2021 and Beyond
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
- Pandemic Affects Sales of Office Stationery and Supplies
- An Introduction to Office Stationery and Supplies
- Global Market Prospects & Outlook
- Manufacturers Focus on Newer Products and Business Models amid Decreasing Demand for Traditional Products
- Developed Economies Spearhead Future Growth in Office Supplies Market
- Competition
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- New Office Starts and Corporate Expansions: Major Growth Determinants for Office Supplies Market
- Vacancy Rate of Office Spaces in the US: Q1 2019 to Q1 2022
- Trend towards Flexible Workspaces Raises Need for Shared Resources, Presenting Opportunities for Office Supplies Market
- Number of Coworking Spaces Worldwide for 2018-2021
- Number of People Using Coworking Spaces (in Million) for 2018-2021
- Countries with Highest Number of Coworking Spaces (in %) for 2021
- Digitalization Brings in a Mixed Bag of Opportunities & Challenges for Office Supplies Market
- Digitization Impacts Demand for Traditional Office Supplies
- World Internet Penetration Rate (in %) by Geographic Region: January 2022
- Number of Internet Users Worldwide (in Billions) for the Years 2011-2021
- Home Office: An Expanding Market Segment
- Women: Major Home Office Users
- Product Innovations Spark Renewed Interest in Office Stationery Products
- Latest Trends in the Office Stationery Market
- Demand for Personalized Stationery Gains Momentum
- Pens Are Here to Stay!
- Personalization of Pens Grows in Demand
- Consumers Seek Affordable Luxury in Pens
- Premium Fountain Pens Remain a Niche
- Pencils Remain a Basic Writing Instrument in Office Settings
- Despite Competition from Digital Technologies, Paper & Paper-Based Products Continue to Witness Steady Sales
- Eco-Friendly and Recyclable Office Stationery Products Rise in Prominence
- Digitization of Office Spaces Drives Demand for Computer and Printer Supplies
- Global Smartphone Shipments in Million Units: 2016-2021
- Trends in Office Printing Market
- The Age of Digital Pens
- Smart Pens: An Ideal Accessory for Tech-Savvy Office Workers
- Rising Importance of Multichannel Marketing in Office Supplies and Stationery Market
- Manufacturers up their Marketing Strategies to Attract Customers
- Office Stationery & Supplies: Distribution Dynamics
- E-Commerce Emerges as an Expanding Distribution Channel for Office Stationery and Supplies
- Global e-Commerce Market Growth Outlook (In %) For Years 2019 Through 2025
- IT Integration in Business Verticals and Evolution from Paper-Based Methods to Digital Platforms: A Key Challenge
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/d2f9y2
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