Back to school Market to Reach USD 131.1 Billion by 2030 | Valuates Reports

The global back-to-school market size was valued at $66.1 billion in 2020 and is projected to reach $131.1 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030. The stationary segment dominated in terms of market share in 2020 and is expected to retain its dominance throughout the forecast period.

Online sales channel or e-commerce is an emerging and one of the most prominent sales channels in the retail sector at present. Many key players and their brands have now shifted their preference toward an omnichannel approach to strengthening their presence in the market. The online sales of school supplies has increased amidst the COVID-19 pandemic. This is attributed to the change in consumer buying behavior and their requirements, which is likely to foster online retail sales in the future, due to ease of selecting, purchasing, and getting doorstep delivery.

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Another benefit of online sales channels is the elimination of geographic boundaries. This convenience and increase in the available options to choose from are attracting customers toward online channels, which is expected to serve as a lucrative opportunity for market expansion.

However, the market faces some restraints as many stationery items have small movable and removable parts, which may cause choking and may have toxic ingredientsthat may result in health issues among kids and children. Moreover, younger generation that goes to preschools and playschools is prone to put small objects in mouth or nose. These objects if swallowed accidentally can get stuck in the child’s throat and may result in choking. For instance, almost all mechanical pencils come with small erasers attached on the back that can be easily removed, which is a point of concern.

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These erasers are a serious choking hazard for younger kids. On the similar lines, many low-quality crayons, colors, paints, and erasers are made from chemicals that can be toxic and can cause serious harm to children. With lenient government policies and unregulated nature of market, these low-quality products are easily available in the market, which serves as a key deterrent factor for the expansion of the back-to-school market.

The key players profiled for in the global back-to-school market analysis include Acco Brands, Faber Castell, Harlequin International Group Pty Ltd., ITC Limited, Mitsubishi Pencil Co., Ltd., Pelikan International Corporation Berhad, Schwan Stabilo Group, Staedetler, Wh Smith Plc, and Zebra Pen Corp. Other prominent players analyzed in the report are Faber-Castell, Nike, Skybags., Izod, Staedtler., Canson, Adidas, Puma and Wildcraft

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Back to school Market by Product Type
➣Backpack
➣Electronics
➣Stationery
➣Clothing
➣Shoes
➣Others

Back to school Market by Distribution Channel
➣Hypermarket/Supermarket
➣E-commerce
➣Dollar Stores
➣Specialty Stores
➣Others

Back to school Market by Regional and Country-level Analysis
➣North America
➣United States
➣Canada
➣Asia-Pacific
➣China
➣Japan
➣South Korea
➣India
➣Southeast Asia
➣Australia
➣Rest of Asia-Pacific
➣Europe
➣Germany
➣France
➣U.K.
➣Italy
➣Russia
➣Nordic Countries
➣Rest of Europe
➣Latin America
➣Mexico
➣Brazil
➣Rest of Latin America
➣Middle East & Africa
➣Turkey
➣Saudi Arabia
➣UAE
➣Rest of MEA

Similar Reports:

LMS Market: https://reports.valuates.com/market-reports/QYRE-Auto-33E5783/global-learning-management-system-lms

Adaptive Learning Software Market: https://reports.valuates.com/market-reports/QYRE-Auto-0Y2692/covid-19-impact-on-global-adaptive-learning-software

Asia-Pacific Back-to-school Market: https://reports.valuates.com/reports/ALLI-Manu-4X54/asia-pacific-back-to-school

K12 Education Learning Management Market: https://reports.valuates.com/market-reports/QYRE-Auto-28V5619/global-k12-education-learning-management

K-12 Education Market: https://reports.valuates.com/market-reports/QYRE-Othe-4R154/k-12-education

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