Press release
Office Supplies Market is estimated to reach USD 273.9 Billion in 2024 | Top Key Players: Staples, Inc., Office Depot Inc., Tesco PLC, Stanley Bostitch, Faber-Castell
The Rise in Number of New Office Spaces Around the World is Likely to Drive the Global The office supplies market at 2.7% CAGR during 2019 & 2024.
Global the office supplies market accounted for USD 235.3 Billion in 2018 and is estimated to reach USD 273.9 Billion in 2024, registering a compound annual growth rate (CAGR) of 2.7% between 2019 and 2024. In addition, the market of global office supplies will be receiving an opportunity of USD 38.6 Billion between 2018 & 2024.
Request for Sample @ https://www.kdmarketinsights.com/sample/42
Growing E-commerce Marketplace in Office Supplies
In an era of online purchasing, the office supplies market is increasingly putting its product offerings on the online platform with the help of e-retailers. The office supplies sector is pursuing benefits from the growing e-commerce marketplace. The manufacturers and retailers are increasing their standards by selling their products using the online sales channel. Apart from this, the manufacturers and retailers are raising the bar for their other digital capabilities. They are focusing on various online media formats, which include mobile-based applications and social networking sites, in order to expand their digital presence, which is enabling these manufacturers and retailers to endorse and sell their products to a larger number of customers.
Increasing Numbers of Start-ups
The increasing number of start-ups in the field of office supplies is opening a gateway opportunity for the market to grow in the upcoming years. In addition to this, China, India, United States, Germany, Australia, and other countries are the most attractive countries in the field of office supplies which is indulging many start-up companies to enter into the office supplies market. Further, this factor is likely to impact the growth of the office supplies market over the forecasted period.
Rising Sales of Computer & Printer Segment
The computer & printer supplies segment is likely to continue with its exponential growth in the upcoming years. Due to industrial automation and IT integration, the demand for paper-based products is on the decline in developed markets, which is providing an immense growth opportunity for the computer & printer supplies manufacturers over the upcoming years. Apart from this, the users are switching from tri-color cartridges to ink-cartridges for higher-quality printing, which has resulted in the increasing adoption of printing supplies. Further, this factor is anticipated to positively impacting the growth of the printing supplies segment over the upcoming years.
Increasing Number of Corporate Offices
With the rise in the number of corporate offices across the globe, the market of office supplies is growing at a remarkable pace over the forecast period. Further, with the rise in the number of offices worldwide and high spending on office supplies are some of the major factors which are foreseen to drive the demand for office supplies over the upcoming years.
Barriers in Market
The increasing demand for smarter mobile devices has caused a reduction in demand for paper. Technologies like cloud services help buyers to store documents virtually, which helps in making purchases of photocopiers and faxes less necessary. Further, factors which include a growing trend towards green initiatives that discourage the use of paper, and the increase in the virtual offices are also decreasing the demand for traditional supplies from corporates.
The sales of offline stores are declining at a steady rate. The leading companies in the office supplies market are now focusing on the online sales channels this reason is hampering the growth of the office supplies market. For instance, Staples Inc. & Office Depot Inc. has witnessed a decline in sales from its retail stores in recent years. Since offline stores are the source of a major share of the company’s revenue, this decline in sales can hamper the business growth of the companies in the future.
The increasing competition in the marketplace is a significant challenge for companies in the office supplies market. The rise in prevalence of online retailers, supercenters, and discount stores is pretending a notable threat to the office supplies providers, as these market players are in better positions to offer competitive prices and one-stop-shop solutions to customers due to their merchandising and distribution models. Further, these factors regarding the price reduction have the potential to negatively impact the demand for the office supplies market over the upcoming years.
The key players profiled in the report include Staples, Inc., Office Depot Inc., Tesco PLC, Stanley Bostitch, Faber-Castell, and other major key players. These market players have adopted different business strategies, such as acquisition, product launch, merger, and partnership to stay competitive in the global market. For instance, Office Depot, Inc. partnered with Google and Nest to become a certified installation partner for Google and Nest smart home devices. This partnership allowed them to sale Google Home Minis and Nest cameras, thermostats and more to the consumers. Also, they can have them installed and connected to their other smart home devices as well.
Growing flexible working spaces are also encouraging the growth of the office supplies market. Co-working saw a great start in many countries and is likely to perform a strong role in shaping the future supply-demand dynamics by changing the way the serviced office industry works. The increasing number of companies prefer co-working spaces to conventional office spaces due to savings on operational costs and a more flexible work environment. Further, the flexible working space is the fastest-rising segment all over the world and many major players and start-ups getting into this segment. Moreover, this factor is anticipated to positively impact the growth of the office supplies industry over the upcoming years.
Browse Full Report With TOC@ https://www.kdmarketinsights.com/product/42/office-supplies-market-2017
Table of Content
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Barriers in Global Office Supplies Market
3. Global Office Supplies Market Trends
4. Opportunities in Global Office Supplies Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Global Office Supplies Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8. Global Office Supplies Market Segmentation Analysis, By Product
8.1. Introduction
8.2. Market Attractiveness, By Product
8.3. BPS Analysis, By Product
8.4. Writing Supplies Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.4.1. Pens
8.4.2. Highlighters
8.4.3. Markers
8.4.4. Pencils
8.4.5. Erasers
8.4.6. Others
8.5. Calendars Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.5.1. Desk Calendar
8.5.2. Wall Calendar
8.5.3. Others
8.6. Planners Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.6.1. Daily Planner
8.6.2. Monthly Planner
8.6.3. Others
8.7. Organizers Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.8. Clips & Fasteners Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.8.1. Staplers & Punches
8.8.2. Sticky Notes
8.8.3. Memo Pad
8.9. Tape & Adhesives Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.10. Computer & Printer Supplies Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
8.11. Other Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
9. Global Office Supplies Market Segmentation Analysis, By Distribution Channel
9.1. Introduction
9.2. Market Attractiveness, By Distribution Channel
9.3. BPS Analysis, By Distribution Channel
9.4. Online Stores Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
9.5. Supermarket & Hypermarket Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
9.6. Stationery Stores Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
9.7. Other Market Value (USD Billion) Forecast & Y-o-Y Growth Analysis, 2018-2024
Continue…
Check for Discount @ https://www.kdmarketinsights.com/discount/42
Contact Us
KD Market Insights
150 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email: sales@kdmarketinsights.com
Website: www.kdmarketinsights.com
About Us:
KD Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.
Our in-house research experts have a wealth of knowledge in their respective domains. With KD Market Insights, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
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 Office Supplies Market is estimated to reach USD 273.9 Billion in 2024 | Top Key Players: Staples, Inc., Office Depot Inc., Tesco PLC, Stanley Bostitch, Faber-Castell here
News-ID: 1890243 • Views: …
More Releases from KD Market Insights
Bucket Trucks Market Top Key Players - Manitowoc Cranes, Manitex International I …
The bucket trucks are utilitarian vehicles having a hydraulic pole or boom with a bucket at one end that can transport cargo or people. The hydraulic pole pulls the person up with the help of the bucket, allowing him to continue working while being safe. Additionally, these vehicles can be affixed to trailers or commercial vans.
They are extensively employed in many different industries, including the management of vegetation, lighting,…
Solar-Powered Car Market Top Key Players - Audi AG, Sono Motors GmbH, Lightyear, …
The solar-powered automobile is an electric car that draws its power from the sun. The photovoltaic cells are used to transform solar energy into electrical power to drive the vehicle. On such vehicles, solar panels with photovoltaic cells are attached. Electricity is generated by solar panels and stored in batteries.
The car's charged batteries power the motor, which acts as the vehicle's engine and propels the vehicle forward. The demand…
Trailer Terminal Tractor Market Top Key Players - AB Volvo, Mol CY nv, Orange EV …
The trailer terminal tractor is a specialized truck created for the quick, safe, and effective movement of semi-trailers or cargo containers. It is intended specifically for material loading and unloading. It operates quickly and efficiently, has a quick turnaround time, high level of dependability, good mobility, delivers exceptional comfort, and has servicing points that are conveniently located. To handle semi-trailers, roll trailers, container chassis, and heavy-duty trailers, it is mostly…
Robotics as a service Market Size is Reach at $6.8Bn by the end of 2025 – KD M …
The Global robotics as a service market was valued at USD 1.8 Billion as of the year 2019 and is expected to grow to about USD 6.8 Billion by 2025’s end and growing at an annual compound growth rate (CAGR) of 6 percent during the timeframe 2019-2025. Robotics as a Service (RaaS) is an aspect of artificial intelligence (AI) that integrates cloud computing with shared service. Companies are increasingly adopting this Robot as a…
More Releases for USD
Bone Cement Market Outlook USD 1,871.10M-USD 3,512.31M
How Is the Bone Cement Market Supporting the Rise of Modern Orthopedic Surgery?
The Bone Cement Market plays a critical role in modern orthopedic and spinal procedures, acting as a foundational material for joint replacement, fracture fixation, and vertebral stabilization. Bone cement is widely used to anchor implants, restore bone structure, and improve patient mobility-making it an essential component of musculoskeletal care.
In 2025, the global bone cement market was valued at…
Autologous Cell Therapy Market Outlook USD 9.31B-USD 54.83B
How Is the Autologous Cell Therapy Market Redefining the Future of Precision Medicine?
The Autologous Cell Therapy Market is rapidly emerging as one of the most transformative areas in modern healthcare, offering highly personalized treatment options for complex and chronic diseases. By using a patient's own cells to repair, replace, or regenerate damaged tissues, autologous cell therapy minimizes immune rejection risks while maximizing therapeutic effectiveness.
In 2025, the global autologous cell therapy…
US Ostomy Care and Accessories Market USD 4.03B-USD 6.75B
How Is the United States Ostomy Care and Accessories Market Evolving to Meet the Needs of a Growing Patient Population?
The United States Ostomy Care and Accessories Market plays a critical role in improving the quality of life for millions of patients who undergo life-altering surgical procedures involving the digestive or urinary systems. Ostomy care products are essential medical devices designed to manage bodily waste safely and discreetly following surgeries such…
PACS Market USD 5.59B in 2025, USD 9.73B by 2035
Picture Archiving and Communication System (PACS) Market Expands as Digital Imaging Transforms Global Healthcare
Introduction: PACS at the Core of Modern Medical Imaging
The healthcare industry is undergoing a rapid digital transformation, with medical imaging playing a critical role in diagnosis, treatment planning, and patient monitoring. At the heart of this transformation lies the Picture Archiving and Communication System (PACS)-a technology that enables the storage, retrieval, management, and sharing of medical images…
Global HEOR Market USD 1.70B-USD 6.03B
Health Economics and Outcomes Research (HEOR) Market Accelerates as Value-Based Healthcare Redefines Global Decision-Making
Introduction: The Growing Importance of HEOR in Modern Healthcare
The global healthcare industry is undergoing a profound transformation, shifting from volume-driven care models to value-based healthcare systems that prioritize patient outcomes, cost efficiency, and real-world effectiveness. At the center of this transformation lies Health Economics and Outcomes Research (HEOR)-a discipline that evaluates the economic value, clinical outcomes, and…
Foam Tape Market Outlook 2035: Industry Growth from USD USD 4.89 Billion (2025) …
The Foam Tape Market plays a vital role in modern industrial and manufacturing ecosystems. Foam tapes are pressure-sensitive adhesive products manufactured using materials such as polyurethane, polyethylene, PVC, and acrylic foam. These tapes are widely used for bonding, sealing, insulation, cushioning, vibration damping, and noise reduction across multiple industries. Their ability to replace traditional mechanical fasteners like screws, bolts, and rivets has positioned foam tapes as a preferred solution in…
