Press release
Stationery Market worth USD 28.73 Bn by 2029: Cognitive Market Research
Stationery Market worth USD 28.73 Bn by 2029: Cognitive Market Research
Read Full Report with Table of Contents:
@https://www.cognitivemarketresearch.com/stationery-market-report
Stationery is an item used for taking notes or writing letters. It refers to mass-produced materials used in writing, such as envelopes, paper, items pens and pencils, and other materials. While stationery once referred exclusively to handwritten products, it has expanded to include devices such as printers with the dawn of the technological age. In schools, the need for stationery has been frequently noted. The need for stationery is expanding as the number of schools is increasing. The accessibility of smart gadgets, however, lessens the attraction of stationery. However, the industry has a lot of potential to expand due to the increasing demand for stationery in offices.
Regional Analysis of the Stationery Market:
Asia Pacific dominates the stationery market due to educational institutes that stick to classroom training. The region is expanding as a result of the increase in students attending schools, colleges, and universities. The Asia-Pacific area has more than 560 million children who must attend school, making it home to a primary and secondary education system that is extremely diversified. Similar to this, there are over 7,000 higher education institutions (HEIs) across Southeast Asia that are home to about 12 million students. The overall number of schools in India as of 2022 is a staggering 15,09,126, and there are now 26,44,49,987 students enrolled in educational institutions there. As the number of students is growing the demand for stationeries is also raising. This drives regional growth.
Top players involved in the Stationery Market:
The stationery market players are
• Faber-Castlle
• 3M
• Staedtler
• Maped
• Muji
• Artline
• Fullmark
• Reynolds Pens
• Linc Pens & Plastics Ltd.
• PILOT CORPORATION
• KOKUYO Co Ltd
• Shachihata Inc.
• Pentel
• Mitsubishi Corporation
• Zebra Co. Ltd.
• M&G Holding Group Co. Ltd
• ITC Limited
• Navneet Education Limited
• BIC Cello and Lion Pencil Co. Ltd.
• Others.
Current Trends of Manufacturers:
• In June 2022, the company CES Holdings, which sells school supplies, has collaborated with the public sector purchasing group YPO. According to the deal, YPO will distribute its school supplies to English-medium schools throughout the world in major markets. The exclusive distribution partner of YPO is CES Holdings, which offers instructional materials to foreign schools. For the first time since early 2020, more than 1,200 public and private schools throughout the world will be able to make purchases via YPO's worldwide website due to this partnership.
• In April 2021, BIC launched BIC ReVolution, the company's first comprehensive line of environmentally friendly stationery products. The assortment includes staple writing instruments like premium, long-lasting ballpoint pens, mechanical pencils, permanent markers, and correction tape. It was thoughtfully created to enable consumers to easily incorporate more recyclable or made from recycled materials products into their daily routines.
• In August 2020, Inchpaper, an eCommerce start-up in the stationery products sector, has started its operation of delivering stationery materials at the doorsteps in more than 50 cities and towns throughout India amid the continuing COVID19 epidemic. Along with serving the needs of working professionals and workplaces generally, Inchpaper seeks to offer a wide spectrum of stationery goods, from erasers to other teaching-learning materials, for schools, colleges, students, and parents. At the moment, Inchpaper.com delivers its goods to more than 50 Tier I & II cities and municipalities.
Segment Analysis:
Based On The Product Type, the writing instruments segment is dominating the stationery market. This is due to the rising demand for writing instruments as they are replacing after use. Based on the end user, the commercial segment dominates the market by taking high revenue market share. This is attributed rising demand for stationery among schools and offices.
Based On The Sales Channel, the supermarket /hypermarket segment dominates the market owing to the availability of stationery at shopping malls, bookstores, stationery stores, and others. However, the online segment is expected to grow at a high CAGR in the projected period owing to rising consumer preference for online delivery and the availability wide variety of stationery at one channel.
Related Report:
• School Stationery Market - https://www.cognitivemarketresearch.com/school-stationery-market-report
• Stationery Tape Market - https://www.cognitivemarketresearch.com/stationery-tape-market-report
• Writing Instruments Market - https://www.cognitivemarketresearch.com/writing-instruments-market-report
• Paper Market - https://www.cognitivemarketresearch.com/paper-market-report
• Office Supplies Market - https://www.cognitivemarketresearch.com/office-supplies-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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 Stationery Market worth USD 28.73 Bn by 2029: Cognitive Market Research here
News-ID: 2900743 • Views: …
More Releases from Cognitive Market Research
Ultra Fine Copper Powder Market is estimated to grow at a CAGR of 7.1% during th …
Market Overview:
- The term "ultra-fine copper powder" refers to a finely divided type of copper that is distinguished by its exceedingly small particle size and large surface area. It is made using a variety of processes, such as mechanical grinding, electrolysis, and chemical precipitation. Ultra-fine copper powder typically has particles between a few nanometres and a few micrometers in size.
Summary:
- As per Cognitive Market Research, Global Ultra-Fine Copper…
Premium Branding and Status Symbol boosts the Global Metal Card Market: Cognitiv …
Market Overview:
- A metal card typically refers to a credit or debit card that is made from metal materials instead of traditional plastic. These cards are often associated with premium or high-end credit card offerings and are designed to provide a more luxurious and prestigious feel. Metal cards are usually made from materials such as stainless steel, titanium, or other alloys, which gives them a solid and durable construction.…
Slot Machines Market is projected to grow at a CAGR of 12.9% within the forecast …
Market Overview:
A slot machine is operated by inserting coins into a slot and by pulling down on a long handle. It features a set of spinning reels with various symbols on them. Players or individuals insert coins or tokens into the machine and then pull a lever or press a button to activate the reels. The earliest slot machine technology was created with mechanical reels powered by random number generators.…
Mechanical Seals Market is estimated to grow at a CAGR of 4.8% within the foreca …
Market Overview:
A mechanical seal is only a way to keep fluid inside a vessel usually pumps, mixers, etc. when a rotating shaft passes through a stationary housing or, on rare occasions, when the housing rotates around the shaft. Mechanical seals are devices used to prevent leakage between two components or systems that are connected by a rotating shaft. They are commonly used in pumps, compressors, mixers, and other equipment that…
More Releases for Stationery
Perfect Packaging: Stationery and Sporting Goods
For stationery and sporting goods, packaging is as important as the product itself. Whether you're a student, athlete, or sports enthusiast, the right packaging can make a huge difference in how you use and store your items. Let's explore the importance of packaging for sports products and how it enhances the overall user experience.
Stationery is an essential part of our daily lives, from writing notes to organizing our thoughts. The…
How Big is Education and Stationery Market?
Global Education and Stationery Market reached US$ 90.7 billion in 2023 and is expected to reach US$ 140.3 billion by 2031, growing with a CAGR of 5.6% during the forecast period 2024-2031.
A new Report by DataM Intelligence, titled "Education and Stationery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031,"" offers a comprehensive analysis of the industry, which comprises insights on the Education and Stationery market analysis. The report…
Stationery Market Industry Development, Growth Opportunities and Demand Analysis …
As the need for simplifying tasks and increasing output arises, industry professionals are increasingly investing in designing customized stationary globally. Moreover, with various technological advancements, demand for the smart stationery is projected to increase in the global market of stationery during the forecast period. Fact.MR states that the global market of stationery is projected to reflect a CAGR of 2.2% over the forecast period, 2017-2026.
To remain ‘ahead’ of your competitors,…
Stationery Products Market Key Players| Faber- Castell, Maped, Schwan- STABILO, …
The global Stationery Products Market is forecasted to reach at a notable value of around USD 230 Billion by the end of 2023. The market of stationery goods is expected to thrive on the back of growing number of educational institutions across the globe. Although, the global stationery market is previously dominated by small and unorganized market players, recent increase in number of organized players in stationary industry is expected…
Bangladesh Stationery Market (2018-2024)-6Wresearch
Strengthening Education Sector and Growing Domestic Paper Production Industry to Drive the Growth of Bangladesh Stationery Market - 6Wresearch
The government of Bangladesh is aiming to strengthen the education sector of the country over the coming years. The primary and secondary education enrolment rate along with adult literacy rate in Bangladesh has increased over the years and this trend is expected to continue in future as well. Under the Education Goal…
Office Boutique Unveils The Latest Designer Stationery From Luxury Stationery Co …
New Charming Stationery Line Featuring Pets In Posh Poses For The Office
Office Boutique, a stationery retailer based in Bradford, UK and operating online both in the UK and abroad has unveiled a new notepad range from the luxury stationery company Punch Studio. Punch Studio from California in the United States is known for their lush designs and has a cult and loyal following amongst customers worldwide.
Featuring cats and dogs…
