Press release
Sri Lanka Stationery Market (2018-2024)-6Wresearch
Rising Population, Increasing Number of Education Enrolments along with Sri Lankan Government Goals to Achieve 100% Literacy Rate by 2020 Would Surge the Demand for Sri Lanka Stationery Market During the Forecast Period - 6WresearchThe Stationery Market in Sri Lanka is at a growing stage. Several upcoming government schemes related to education along with growing population are expected to drive the demand for stationery items in Sri Lanka over the coming years. Sri Lanka possesses a literacy rate of 93% and the government has further devised an objective to achieve 100% literacy rate in the country by 2020, which would pave the way for healthy growth of the stationery market in Sri Lanka during the forecast period.
According to 6Wresearch, Sri Lanka Stationery Market revenues are projected to grow at a CAGR of 9.3% during 2018-24. Ongoing projects such as $2,900 million General Education Modernization (GEM) Project and $100 million Accelerating Higher Education Expansion and Development Operation (AHEAD) Project to upsurge the education system of the country in near future would further strengthen the education system of the country, leading to a rise in the stationery market of Sri Lanka during the forecast period. Moreover, most of the capital expenditure in 2017 was particularly allotted to the upgradation and improvement of school buildings and other related infrastructure. The government has undertaken a target to upgrade 500 schools of total 3,577 primary schools and 250 schools of 1,000 secondary schools. The above mentioned factors would help the Sri Lanka stationery market to register a healthy growth over the coming years.
Download Sample Pages @ https://www.6wresearch.com/press-releases/sri-lanka-stationery-market-revenues-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile-insights.html
According to Ravi Bhandari, Manager, Research and Consulting, 6Wresearch, "Exercise notebooks and copier paper under the paper stationery category are the key revenue generating segments in the overall Sri Lanka Stationery Market on account of their wide variety of applications across various domains at different levels. Premium paper stationery items such as executive notepads, diaries and spiral notebooks are other key revenue generating segments in the Sri Lanka Paper stationery market."
"Contrary to this, the non-paper stationery market is dominated by direct fill pens and pencils. Other key generating segments include ball pens, erasers, and sharpeners. Adhesives, technical instruments, art stationery and pencil boxes occupy minute fractions in the overall Sri Lanka non-paper stationery market. The rising number of schools in the country would boost the stationery market over the coming years," Ravi further added.
According to Devesh Kumar, Research Associate, Research and Consulting, 6Wresearch, "By regions, the Western province holds the highest revenue share in the overall Sri Lanka Stationery Market and is projected to maintain its dominance during the forecast period. The upcoming government schemes and plans in the education sector along with the cooperation of foreign entities such as UNICEF would further help the stationery market to grow in the country over the coming years.
"Sri Lanka paper stationery market is dominated by well-established international brands and the copier paper segment under this category is majorly import based. However, Sri Lanka Non-Paper Stationery Market is driven majorly by local players and international brands constitute only a small portion of the segment," Srishti Aggarwal, Research Associate, Research and Consulting, 6Wresearch, further added.
Some of the major companies in Sri Lanka Paper Stationery Market include - J.K. Paper Ltd., PrintXcel Private Limited, Double A Pulp and Paper Company Limited, whereas in Non-Paper Stationery segment Atlas Axillia (Pvt.) Ltd, Nalaka Stationery, Srinko Enterprises (Pvt) Ltd, Linc Pens, Faber-Castell and Hindustan Pencils Limited are the key players.
Sri Lanka Stationery Market (2018-2024) provides in-depth analysis with 108 figures and 24 tables covered in more than 170 pages. The report estimates and forecast the overall Sri Lanka Stationery Market by types, end-user applications and provinces. The report also offer insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.
For Detailed Report Description & Sample Pages Visit : https://www.6wresearch.com/market-reports/sri-lanka-stationery-market-2018-2024-forecast-by-type-paper-non-paper-art-pen-pencil-eraser-scale-sharpener-applications-provinces-competitive-landscape.html
6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Delhi/NCR Office
1107-1108, PEARLS BEST HEIGHTS
TOWER 1, NETAJI SUBHASH PLACE
PITAMPURA, New Delhi-110034
Email sales@6wresearch.com
Phone: +911143024305
Website : http://www.6wresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sri Lanka Stationery Market (2018-2024)-6Wresearch here
News-ID: 1181501 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions

The Enduring Popularity of Jeans in a Changing Fashion Landscape
Jeans continue to experience strong global market growth, driven by their lasting charm, widespread acceptance, and increasing demand across age and style groups. Despite the evolution of fashion and emergence of competing apparel types, jeans have maintained their spot as a universal wardrobe essential. Their reliable comfort, enduring quality, and style flexibility help reinforce their popularity, making them one of the most consistently chosen clothing items by consumers around the…

Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holis …
The global homeopathic medicine market is experiencing consistent progress in various sectors like wellness, healthcare, and personal care. Increasing demand for preventive healthcare, growing awareness about alternative and natural treatment techniques, and innovations in homeopathic formulations are fueling market expansion globally. Homeopathic medicines are commonly used for numerous applications such as seasonal illnesses, skin disorders, chronic disease management, and mental health. With advanced delivery techniques, enhanced quality standards, and regulatory…

Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
The global helmet market is experiencing consistent growth in various sectors like construction, defense, sports, and personal safety. Innovations in helmet technology, growing awareness about head safety, and the requirement for durable and comfortable protective gear are propelling market development across the world. Helmets are important for many uses such as cycling, motorcycling, industrial work, defense, construction, and sports activities. With lightweight materials, enhanced safety features, and ergonomic designs, helmets…

Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicop …
The global helicopter market is witnessing consistent progress in various sectors like commercial, defense, emergency medical, and private. Innovations in helicopter technology, growing demand for air transportation, and the requirement for efficient and safe aerial operations are fueling market development across the world. Helicopters are important for many uses like military operations, passenger transport, search and rescue, emergency medical services, and logistics in remote areas. With improved modern avionics and…
More Releases for Sri
UN Celebrates World Meditation Day as Gurudev Sri Sri Ravi Shankar Delivers Keyn …
Image: https://www.globalnewslines.com/uploads/2024/12/1734709409.jpg
Millions to Join "World Meditates with Gurudev" on December 21, 8:00 PM IST
In the fast-paced rhythm of contemporary life, meditation has emerged as a guiding light, leading individuals worldwide towards inner peace and self-discovery. This profound practice, deeply rooted in India's history and culture, has transcended geographical boundaries. In recent decades, meditation has emerged as a powerful tool in fostering international goodwill, promoting mental well-being, and offering a unique…
Sri Lanka Agriculture Market, Sri Lanka Agriculture Industry: Ken Research
Agriculture is most vital source of employment for majority of the Sri Lankan workforce. In the continuation sector, rice is main crop and farming rice is the most significant economic activity for the bulk of the people living in rural areas. Growing in the area under cultivation and improved the productivity owing to modernization of agriculture is the key reasons for enhance in production. The rehabilitation of country’s extensive ancient…
Sri Lanka Mutual Fund Sector Sri Lanka Mutual Sales Report 2022
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
What are Unit Trusts (Mutual Fund)?
Types of Unit Trusts (Mutual Funds) in Sri Lanka
2.1 Types of Funds
2.1.1 Open Ended Funds
2.1.2 Closed Ended Funds
2.2 Types of Trust Units
2.2.1 Gilt Edged Funds
2.2.2 Indexed Funds
2.2.3 Income Funds or High Yield Funds
…
Sri Sri Ravi Shankar receives Honorary Doctorates from Argentina
Argentina, Sept 7. 2012: Humanitarian leader and Founder, The Art of Living, Sri Sri Ravi Shankar was awarded the honorary doctorate, Honoris Causa Doctor at the Siglo XXI University Campus in the city of Cordoba, Argentina.
Dr. Jose Manuel de la Sota, Governor of Cordoba, also named Sri Sri as the honorary citizen of Cordoba for his foundation's humanitarian work. Dr Sergio Lais, General Consul of India named Sri Sri as…
Corruption should leave India says Sri Sri
"Fight corruption with truth and non-violent means, we have to come together to root out corruption from India”, Sri Sri Ravi Shankar told a large gathering of youth, who had assembled at the Art of Living International Center for the Yuva Jagruti Sammelan.
The youth, he said, have an important role to play in combating corruption, "The youth have to bring a wave of transformation. We need to stand strong against…
Thousands pledge to practice organic farming as Sri Sri visits Gadag
Bangalore. February 3, 2011: A pledge taken by thousands to practice organic farming marked the Art of Living Founder, Sri Sri Ravi Shankar’s visit to Gadag on February 2, 2011. 108 farmers were felicitated by Sri Sri for their commendable work for using organic methods of farming.
Titled ‘Hasirotsava’, Sri Sri’s visit to Gadag on Feb 2, was to inspire farmers to pledge and support a vision of a poison-free land,…