Global Stationery and Cards Market to see Huge Growth by 2028

The stationery and cards market is anticipated to grow at a significant CAGR of 4.5%during the forecast period (2022-2028).The rising online sales of stationery and cards is one of the primary drivers driving the global stationery and cards industry's growth. E-commerce is gaining steam among millennial, due to the rising penetration of smart phones. These boost internet sales spike over the holidays, such as New Year's, Christmas, Halloween, Easter, and Hanukkah. Valentine's Day, Mother's Day, and Father's Day are three more popular dates for greeting card sales. In the coming years, such elements will bolster market expansion even more.

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The global stationery and cards market is segmented based on the product type, application, and distribution channel. Based on the product type, the market is sub-segmented into greeting cards, desk supplies, and paper products. Based on the application, the market is sub-segmented into schools, colleges, offices, households, and others. Among these applications, the schools segment is expected to propel the growth of the market due to the increasing demand and usage of stationery and cards in schools globally. Based on the distribution channel, specialty stores, hyper markets, department stores, stationery stores, convenience stores and super markets.

The market players are also contributing significantly to the market growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in October 2020, the Cello Group announced that it is re-entering the stationery sector five years after selling it to France's BIC. It wants to offer items in the local market. Cello Pens, India's largest maker of writing instruments, was purchased by BIC Group in December 2015 for $80.4 million.

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Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Product Type
By Application
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Amazon.com Inc., Card Factory PLC, Claranova SE, ACCO Brands Corp., Canon Inc. Costco Wholesale Corp., Erasers World, F.I.L.A. FabbricaItaliana Lapis ED, Affini SPA, Faber-Castell Aktiengesellschaft, Hallmark Licensing LLC, Shutterfly Inc., Staples Inc., Target Corp., and Tesco PLC, among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Stationery and Cards Market Report by Segment

By Product Type

Greeting Cards
Desk Supplies
Paper Products

By Application

Schools
Colleges
Households
Others

By Distribution Channel

Specialty Stores
Hypermarkets
Department Stores
Stationery Stores
Convenience Stores
Supermarkets

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This release was published on openPR.