Press release
Stationery Market worth USD 28.73 Bn by 2029: Cognitive Market Research
As per Cognitive Market Research analysis, the stationery market size is projected to grow from USD 23.68 Bn in the year 2021 to USD 28.73 Bn by 2029 at a CAGR of 4.24% 3.62% from 2021-2029.
Read Full Report with Table of Contents:
@https://www.cognitivemarketresearch.com/stationery-market-report
Stationery is an item used for taking notes or writing letters. It refers to mass-produced materials used in writing, such as envelopes, paper, items pens and pencils, and other materials. While stationery once referred exclusively to handwritten products, it has expanded to include devices such as printers with the dawn of the technological age. In schools, the need for stationery has been frequently noted. The need for stationery is expanding as the number of schools is increasing. The accessibility of smart gadgets, however, lessens the attraction of stationery. However, the industry has a lot of potential to expand due to the increasing demand for stationery in offices.
Regional Analysis of the Stationery Market:
Asia Pacific dominates the stationery market due to educational institutes that stick to classroom training. The region is expanding as a result of the increase in students attending schools, colleges, and universities. The Asia-Pacific area has more than 560 million children who must attend school, making it home to a primary and secondary education system that is extremely diversified. Similar to this, there are over 7,000 higher education institutions (HEIs) across Southeast Asia that are home to about 12 million students. The overall number of schools in India as of 2022 is a staggering 15,09,126, and there are now 26,44,49,987 students enrolled in educational institutions there. As the number of students is growing the demand for stationeries is also raising. This drives regional growth.
Top players involved in the Stationery Market:
The stationery market players are
• Faber-Castlle
• 3M
• Staedtler
• Maped
• Muji
• Artline
• Fullmark
• Reynolds Pens
• Linc Pens & Plastics Ltd.
• PILOT CORPORATION
• KOKUYO Co Ltd
• Shachihata Inc.
• Pentel
• Mitsubishi Corporation
• Zebra Co. Ltd.
• M&G Holding Group Co. Ltd
• ITC Limited
• Navneet Education Limited
• BIC Cello and Lion Pencil Co. Ltd.
• Others.
Current Trends of Manufacturers:
• In June 2022, the company CES Holdings, which sells school supplies, has collaborated with the public sector purchasing group YPO. According to the deal, YPO will distribute its school supplies to English-medium schools throughout the world in major markets. The exclusive distribution partner of YPO is CES Holdings, which offers instructional materials to foreign schools. For the first time since early 2020, more than 1,200 public and private schools throughout the world will be able to make purchases via YPO's worldwide website due to this partnership.
• In April 2021, BIC launched BIC ReVolution, the company's first comprehensive line of environmentally friendly stationery products. The assortment includes staple writing instruments like premium, long-lasting ballpoint pens, mechanical pencils, permanent markers, and correction tape. It was thoughtfully created to enable consumers to easily incorporate more recyclable or made from recycled materials products into their daily routines.
• In August 2020, Inchpaper, an eCommerce start-up in the stationery products sector, has started its operation of delivering stationery materials at the doorsteps in more than 50 cities and towns throughout India amid the continuing COVID19 epidemic. Along with serving the needs of working professionals and workplaces generally, Inchpaper seeks to offer a wide spectrum of stationery goods, from erasers to other teaching-learning materials, for schools, colleges, students, and parents. At the moment, Inchpaper.com delivers its goods to more than 50 Tier I & II cities and municipalities.
Segment Analysis:
Based On The Product Type, the writing instruments segment is dominating the stationery market. This is due to the rising demand for writing instruments as they are replacing after use. Based on the end user, the commercial segment dominates the market by taking high revenue market share. This is attributed rising demand for stationery among schools and offices.
Based On The Sales Channel, the supermarket /hypermarket segment dominates the market owing to the availability of stationery at shopping malls, bookstores, stationery stores, and others. However, the online segment is expected to grow at a high CAGR in the projected period owing to rising consumer preference for online delivery and the availability wide variety of stationery at one channel.
Related Report:
• School Stationery Market - https://www.cognitivemarketresearch.com/school-stationery-market-report
• Stationery Tape Market - https://www.cognitivemarketresearch.com/stationery-tape-market-report
• Writing Instruments Market - https://www.cognitivemarketresearch.com/writing-instruments-market-report
• Paper Market - https://www.cognitivemarketresearch.com/paper-market-report
• Office Supplies Market - https://www.cognitivemarketresearch.com/office-supplies-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
Read Full Report with Table of Contents:
@https://www.cognitivemarketresearch.com/stationery-market-report
Stationery is an item used for taking notes or writing letters. It refers to mass-produced materials used in writing, such as envelopes, paper, items pens and pencils, and other materials. While stationery once referred exclusively to handwritten products, it has expanded to include devices such as printers with the dawn of the technological age. In schools, the need for stationery has been frequently noted. The need for stationery is expanding as the number of schools is increasing. The accessibility of smart gadgets, however, lessens the attraction of stationery. However, the industry has a lot of potential to expand due to the increasing demand for stationery in offices.
Regional Analysis of the Stationery Market:
Asia Pacific dominates the stationery market due to educational institutes that stick to classroom training. The region is expanding as a result of the increase in students attending schools, colleges, and universities. The Asia-Pacific area has more than 560 million children who must attend school, making it home to a primary and secondary education system that is extremely diversified. Similar to this, there are over 7,000 higher education institutions (HEIs) across Southeast Asia that are home to about 12 million students. The overall number of schools in India as of 2022 is a staggering 15,09,126, and there are now 26,44,49,987 students enrolled in educational institutions there. As the number of students is growing the demand for stationeries is also raising. This drives regional growth.
Top players involved in the Stationery Market:
The stationery market players are
• Faber-Castlle
• 3M
• Staedtler
• Maped
• Muji
• Artline
• Fullmark
• Reynolds Pens
• Linc Pens & Plastics Ltd.
• PILOT CORPORATION
• KOKUYO Co Ltd
• Shachihata Inc.
• Pentel
• Mitsubishi Corporation
• Zebra Co. Ltd.
• M&G Holding Group Co. Ltd
• ITC Limited
• Navneet Education Limited
• BIC Cello and Lion Pencil Co. Ltd.
• Others.
Current Trends of Manufacturers:
• In June 2022, the company CES Holdings, which sells school supplies, has collaborated with the public sector purchasing group YPO. According to the deal, YPO will distribute its school supplies to English-medium schools throughout the world in major markets. The exclusive distribution partner of YPO is CES Holdings, which offers instructional materials to foreign schools. For the first time since early 2020, more than 1,200 public and private schools throughout the world will be able to make purchases via YPO's worldwide website due to this partnership.
• In April 2021, BIC launched BIC ReVolution, the company's first comprehensive line of environmentally friendly stationery products. The assortment includes staple writing instruments like premium, long-lasting ballpoint pens, mechanical pencils, permanent markers, and correction tape. It was thoughtfully created to enable consumers to easily incorporate more recyclable or made from recycled materials products into their daily routines.
• In August 2020, Inchpaper, an eCommerce start-up in the stationery products sector, has started its operation of delivering stationery materials at the doorsteps in more than 50 cities and towns throughout India amid the continuing COVID19 epidemic. Along with serving the needs of working professionals and workplaces generally, Inchpaper seeks to offer a wide spectrum of stationery goods, from erasers to other teaching-learning materials, for schools, colleges, students, and parents. At the moment, Inchpaper.com delivers its goods to more than 50 Tier I & II cities and municipalities.
Segment Analysis:
Based On The Product Type, the writing instruments segment is dominating the stationery market. This is due to the rising demand for writing instruments as they are replacing after use. Based on the end user, the commercial segment dominates the market by taking high revenue market share. This is attributed rising demand for stationery among schools and offices.
Based On The Sales Channel, the supermarket /hypermarket segment dominates the market owing to the availability of stationery at shopping malls, bookstores, stationery stores, and others. However, the online segment is expected to grow at a high CAGR in the projected period owing to rising consumer preference for online delivery and the availability wide variety of stationery at one channel.
Related Report:
• School Stationery Market - https://www.cognitivemarketresearch.com/school-stationery-market-report
• Stationery Tape Market - https://www.cognitivemarketresearch.com/stationery-tape-market-report
• Writing Instruments Market - https://www.cognitivemarketresearch.com/writing-instruments-market-report
• Paper Market - https://www.cognitivemarketresearch.com/paper-market-report
• Office Supplies Market - https://www.cognitivemarketresearch.com/office-supplies-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
