Stationery Products Market - Increasing Number of Population Receiving Education Drives Growth

Stationery products are an integral part of human consumption. The global stationery products market is segregated on the basis of product and distribution channel. Based on products, the global market for stationery products are segregated into printing supplies, mailing supplies, marking devices, paper-based stationery products, filling products, party goods, writing & marking instruments and others.

Printing supplies are further sub-divided into ink & toners, inked ribbons and carbon & stencil paper. Mailing supplies are further segregated into sealing tapes, paper-based envelopes, padded envelopes and others. Marking devices is further segregated into stencils & hand stamps.

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Paper based stationery products are further divided into printing/writing/copying paper, writing pads, scrap books, organizers, notebooks, message notes, exercise books, business forms & books and others. Writing and marking instruments include markers/pens, stencils, hand stamps, art goods and pencils. Paper based stationery products held the largest market share in 2016 among all the segments.

Major factors driving the global stationery products market include growing level of literacy, globally. Increasing number of population receiving education and more number of youth going to school, demand for stationery products is increasing substantially.

Demand for premium brand pens and marking instruments is also increasing globally considered as a status symbol. This is fuelling demand for stationery products globally. Increasing number of start-ups and establishments is also fuelling the demand for stationery products which is also driving the market for stationery products.

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Rise in number of schools and other educational institutions is also fuelling market demand for stationery products. Government initiative towards educational programs is also driving the market positively.

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