Press release
Global Office Supplies (Except Paper) Market Overview Covering Forecast Market Size And Growth Rate 2033 | ACCO Brands Corporation, Adelaide Hills Stationery Pty Ltd, Bulk Office Supply LLC, Euroffice Ltd
Office Supplies (Except Paper) Global Market Report 2024
The office supplies (except paper) market size is expected to see strongly grown in the next few years. It will grow to $89.16 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to remote and hybrid work models, focus on employee well-being, sustainable practices, flexible office spaces, e-commerce growth. Major trends in the forecast period include technology integration, technological advancements, innovations in materials and design, integration of smart technologies, customization and personalization.
Market Overview -
Office supplies (except paper) refers to the process of producing office supplies (except paper). Office supplies (except paper) refer to products made by the establishments such as pens, pencils, felt tip markers, crayons, chalk, pencil sharpeners, staplers, modeling clay, hand-operated stamps, stamp pads, stencils, carbon paper, and inked ribbons. These products are used by office staff.
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Rise In Disposable Income Fueling Growth In The Office Supplies Market
The growth in the office supplies (except paper) market is due to emerging market growth, a rise in disposable income, and technology development. The rise in disposable income is expected to propel the growth of the office supplies market going forward. Disposable income refers to the amount of money left to spend and save after income tax has been deducted. Because of the increase in disposable income, people choose to buy different types of office supplies which are used for writing and reading purposes. For instance, in 2023, according to an article published by the Office of National Statistics, UK-based executive office of the Statistics Authority published an article that said, median household disposable income increased by an average 0.7% per year between the year 2020 and 2022. Therefore, an increase in disposable income is driving the growth of the office supplies (except paper) market.
Competitive Landscape -
Major companies operating in the office supplies (except paper) market report are ACCO Brands Corporation, Adelaide Hills Stationery Pty Ltd, Bulk Office Supply LLC, Euroffice Ltd., The Office Depot Inc., Newell Brands Inc., Stanley Black & Decker Inc., Société BIC S.A., Crayola LLC, Pilot Corporation, Pentel Co. Ltd., Faber-Castell AG, Avery Dennison Corporation, Zebra Technologies Corporation, Tombow Co. Ltd., Staedtler Mars GmbH & Co. KG, Dixon Ticonderoga Company, Pelikan Holding AG, Shachihata Inc., The Pilot Corporation of America, KOKUYO Co. Ltd., Marvy Uchida Co. Ltd., Crayon Shinchan Corporation, Kokuyo Camlin Ltd., Koh-I-Noor Hardtmuth a.s., Musgrave Pencil Company Inc., A. T. Cross Company LLC, Mitsubishi Pencil Co. Ltd., Shenzhen Comix Group Co. Ltd., 3M Company, M&G Group, Maped SAS
Innovative Technology Shaping The Future Of The Office Supplies Market
Technological advancement has emerged as a key trend gaining popularity in the office supplies market. Major companies operating in the office supplies market are focused on innovating new technologies to sustain their position in the market. For instance, in May 2022, The NPD Group, a US-based market research company, launch of its office supplies retail tracking service in Canada. The service will include point-of-sale statistics, including details on market size, market share, and consumption. Additionally, clients will have access to extensive market views, including the Top-Selling Items and Average Selling Prices to Align with Consumer Spend.
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Key Segments -
The office supplies (except paper) market covered in this report is segmented -
1) By Type: Business Forms, Stationery, Storage Containers, and Other Types
2) By Product Type: Desk, Filling, Binding, Computer or Printer, Other Product Types
3) By Application: Enterprises, Household, Educational Institutions, Other Applications
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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